The Arab Bank for Economic Development in Africa (BADEA) has acquired an equity stake in the Eastern and Southern African Trade and Development Bank, formerly known as PTA.
With its vast agricultural potential, Africa’s agribusiness sector is predicted to reach US$1 trillion by 2030. Agribusiness will become the ‘new oil” on the continent.
Azuri Technologies and APA Insurance have announced the launch of HospiCash, a low-cost micro-insurance product for Azuri solar power customers across Kenya.
African high-tech player Mara has announced the production of their newest product the Maraphone – the first made-in-Africa, full-scale smartphone, soon to be manufactured in plants across Africa.
Rockwell Automation has named Susana Gonzalez president of Europe, Middle East, and Africa (EMEA) region.
Kenya targets to attain 100 per cent transition to green energy by 2020 as it scales up investment in renewable energy to address the climate change challenge concretely, President Uhuru Kenyatta has said.
The African Export-Import Bank and CDC Group have, in Casablanca Morocco, signed a $100-million master risk participation agreement to support Afreximbank’s Trade Facilitation Programme.
The Board of Directors of the African Development Bank Group has approved a $ 50 million Risk Participation Agreement (RPA) for Natixis.
The Malawi Bureau of Standards has obtained the accreditation of its testing laboratories through the technical assistance provided by UNIDO and UNDP.
Africa50, the pan-African infrastructure investment platform, has signed an agreement with Rwanda to develop and finance a “Digital Innovation Precinct”, including commercial and retail complexes, as part of Kigali Innovation City.
The Eastern and Southern African Trade and Development Bank (TDB) and USAID’s Power Africa initiative have signed a memorandum of understanding that will finance power projects in 22 African countries.
The U.S. Government’s Millennium Challenge Corporation (MCC) Board of Directors has approved the new five-year $550 million Senegal Power Compact.
Séché Environnement has announced its intention to acquire, through its wholly owned South African subsidiary Séché South Africa Proprietary Limited, 100% of the shares in Interwaste Holdings Limited.
TechnipFMC has signed an Engineering, Procurement, and Construction (EPC) contract with Middle East Oil Refinery (MIDOR) for the modernization of existing complex near Alexandria, Egypt
Navis, a provider of operational technologies and services across the shipping supply chain has announced that Société de Gestion du Terminal à Conteneurs de Doraleh has implemented the N4 terminal operating system at its facility.
PCI Pal, the secure payment solutions provider to contact centres, has signed its first South African reseller contract with telecommunications and customer engagement solutions company, Ninzi-Connect.
Panoro Tunisia Exploration has signed a Heads of Terms with Tunisian state-owned drilling contractor, for the use of the CTF-4, a 2,000-horsepower onshore rig.
Global information services company Experian has launched a new analytics solution across Africa, Middle East and Europe regions.
Global automaker Fiat Chrysler Automobiles (FCA) has opened a new Motus dealership in Pinetown South Africa.
The Ministry of Environment and Forestry and members of the Kenya Association of Manufacturers (KAM) will host a public forum on Polyethylene terephthalate (PET).