News

[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.

[South Africa] Vodacom KwaZulu Natal builds indoor mobile coverage and capacity in South Africa

02-12-2019 | 12:49:51
As businesses across Umhlanga Ridge invest in the early stages of digital transformation, many are seeking to create first impressions which make a long-lasting impact on customers, employees and tenants.

Citi launches global depositary note capabilities on Ghanaian debt securities

02-12-2019 | 12:18:00
Citi’s Global Issuer Services business, acting through Citibank, N.A. in its capacity as a depositary bank, has expanded its Global Depositary Note (GDN) product capabilities to Ghanaian government debt securities.

Africa media and tech investment increases as Ethiopia telecom privatization leads new wave of deals for 2019

02-12-2019 | 12:14:24
Telecom, media and tech investment and consolidation activity in Africa is predicted to reach a record high for 2019.

Egypt receives €18m grant from EU to finance six projects

02-12-2019 | 08:07:30
Egypt has received grants worth €18 million for six development projects as part of the first phase of the European Union (EU) Cross Border Cooperation (CBC) program.

[Angola] BPC announces lending to new companies

02-12-2019 | 08:04:58
The president of the Board of Directors of the Savings and Credit Bank (BPC), Alcides Safeca, has announced the granting of credits to potential entrepreneurs that guarantee a lower risk of default later this year.

Roxgold to acquire the Séguéla Gold Project in Côte d'Ivoire

02-12-2019 | 08:01:13
Gold mining company Roxgold Inc. has entered into an agreement with Newcrest West Africa Holdings Pty Ltd to acquire a portfolio of 11 exploration permits in Côte d'Ivoire.

[Morocco] Boeing to optimize crew operations for Royal Air Maroc

02-12-2019 | 07:53:35
Boeing has announced an agreement with Royal Air Maroc to use a suite of Boeing AnalytX-powered crew solutions to bring greater efficiency to the airline's planning and operations.

Seadrill establishes new joint venture with Sonangol, Angola

02-12-2019 | 07:33:00
Seadrill Limited announced that it has entered into a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola Ltda, an affiliate of Sonangol E.P.

[South Africa] A2X approved to secondary list ETFs and ETNs

02-12-2019 | 07:10:40
A2X has been authorised to secondary list exchange traded funds (ETFs) and exchange traded notes (ETNs) on its platform.

[Kenya] CMA publishes first State of Corporate Governance Report

02-12-2019 | 06:55:17
The Capital Markets Authority (CMA) has published the first State of Corporate Governance Report based on an assessment of 56 issuers of securities to the public in 2017/18.

[Egypt] Radisson Hotel Group signs portfolio deal for six hotels

02-11-2019 | 10:19:00
Radisson Hotel Group has signed six new hotels in Egypt as part of a portfolio deal across a number of its brands.

[Cote d'Ivoire] Digital Afrique Telecom launches smart card, ticketing system for efficient transportation

02-11-2019 | 09:44:00
Digital Afrique Telecom has announced the successful launch of a Smart Card and Ticketing system to enable Ivorian public transport users to board over 700 buses everyday through contactless cards.

[Liberia] Aleph Hospitality inks deal with Marriott International to manage first Four Points

02-11-2019 | 09:28:00
Hospitality management company, Aleph Hospitality, today has signed a franchise agreement with Marriott International for the first Four Points by Sheraton hotel in Liberia.

[Nigeria] Avanti partners MainOne to improve broadband penetration with converged solution

02-11-2019 | 08:47:00
Avanti Communications and MainOne have signed an agreement to improve broadband penetration across Nigeria by providing the latest KA-band based satellite communication services to enterprises located in remote areas of the country.