News

Panalpina flies record 1.6 million roses from Kenya to Sydney in ‘love plane’

02-14-2019 | 05:56:45
International freight forwarding and logistics company Panalpina has flown an entire Boeing 777 cargo aircraft packed full of freshly cut roses from Nairobi to Sydney, right in time for the romantic holiday.

Investisseurs & Partenaires reaches €75 million funding mark, targets 30 Sub-Saharan Africa companies by 2020

02-14-2019 | 05:56:18
The impact investing group Investisseurs & Partenaires carried out the intermediate closing of its fund I&P Afrique Entrepreneurs 2 (IPAE 2), reaching a total amount of 75 million euros.

Loon sets up new Ground Stations in Nyeri, marking continued progress towards connectivity in Kenya

02-14-2019 | 05:39:23
Loon has announced the installation of a new set of ground stations in Kenya. The installation of ground stations is a key milestone that paves the way for testing with Loon’s stratospheric balloons

[Kenya] Online sentimental spending grows 47 per cent in three years, Mastercard Love Index

02-14-2019 | 05:34:00
The annual Mastercard Love Index indicates that Kenyans are willing to dig deeper into their pockets to make their partners happy and that they are going online to do it.

Egypt international remittance market to hit $20.5 billion by 2023, Ken Research

02-14-2019 | 05:33:49
Remittance Market, International, Domestic and Bill Payments, in Egypt is still in its growth stage and a large portion of the remittance has to be formalized.

[South Africa] MTN selects Oracle Cloud Applications to drive digital transformation

02-13-2019 | 12:38:23
South Africa based mobile telecommunications major; MTN has chosen Oracle Cloud Applications to drive one of the largest digital transformations in the global telecom industry across all its core business operations.

Dangote Foundation, GBCHealth and UNECA launch Africa Business Coalition for Health to tackle continent’s challenges

02-13-2019 | 09:05:38
An ambitious platform designed to bring together business leaders in Africa to collaborate with heads of government and other stakeholders to tackle basic health challenges in Africa has been launched.

Synergy Wound Technology and Trade Africa Healthcare partner to offer mobile cloud solution in South Africa

02-13-2019 | 08:27:00
Technology-driven product development company Synergy Wound Technology has announced an agreement with Trade Africa Healthcare focused on affordable and innovative healthcare solutions for Africa.

[South Africa] Clickatell announces new appointments to bolster growth

02-13-2019 | 08:20:57
[South Africa] Clickatell announces new appointments to bolster growth

[Kenya] Safaricom Foundation to invest Sh.130M in support of vocational training

02-13-2019 | 07:42:00
At least 3,000 youth in Kenya are set to benefit from a Technical Vocational Education and Training (TVET) programme over the next two years funded by Safaricom Foundation

Mastercard debuts its Sonic Brand in Africa and other global markets

02-13-2019 | 07:22:36
Mastercard has unveiled its debut sonic brand identity, a comprehensive sound architecture signifying the latest advancement for the brand.

[Tanzania] Precision Air introduces new route to Dodoma

02-13-2019 | 07:01:12
Tanzania leading airline Precision Air, has announced that it will commence its flights from Dar es Salaam to the capital city Dodoma effective from 1st April 2019.

FemiTI initiative enlists more Ghana girls into STEM

02-13-2019 | 06:52:00
With a significant drop-out rate of girls from primary school to secondary school and college, one new initiative in Ghana aims to improve the country's innovation.

Legal battle for control of Djibouti Ports moves to Hong Kong

02-13-2019 | 06:43:37
One of the world’s largest port operators has sued a Chinese state enterprise in Hong Kong over infringement of its exclusive port agreement.

[South Africa] Infor Announces $1.5 Billion Investment Ahead of Potential IPO

02-13-2019 | 06:39:30
Infor, a global leader in business cloud software specialised by industry has announced an agreement to receive a $1.5 billion investment from shareholders Koch Equity Development, LLC (KED) and Golden Gate Capital.

Liberia launches country profile, bets on agribusiness to spur economic growth

02-13-2019 | 06:39:00
The Ministry of Finance and Development Planning of Liberia has unveiled the Liberia's Country Profile.

Lava International enters the Kenyan phone market

02-13-2019 | 05:38:00
Indian phone maker Lava international has launched in Kenya. The company unveiled its low-cost feature phones and smartphones at an event held at the Intercontinental Hotel, in Nairobi.

[Uganda] Raxio signs Hamilton Cloud Services as first customer

02-12-2019 | 13:04:00
Hamilton Cloud Services (HCS), Uganda’s first local cloud service provider and a subsidiary of Hamilton Telecom, has finalized an agreement to colocate their servers in Raxio Data Centre.

Tony Tugee appointed SEACOM MD for Eastern, North and East Africa

02-12-2019 | 12:57:19
Pan African submarine communications cable operator SEACOM has appointed Tony Tugee as Managing Director for the Eastern North and East Africa region.

Visa targets Africa fintechs with new fast-track programme

02-12-2019 | 12:53:27
Visa has announced the expansion of its fast-track programme to support fintechs in the Central and Eastern Europe, Middle East and Africa.