News

Zahira Bouaouda appointed President of Matis Aerospace

08-09-2019 | 06:09:00
Zahira Bouaouda has been appointed President of MATIS Aerospace, a 50/50 joint venture between Safran Electrical & Power and Boeing, specialising in electrical wiring interconnection systems.

Nigeria government inks deal with Siemens to boost energy sector

08-08-2019 | 13:09:00
The Federal Government of Nigeria has unveiled a road map which is geared towards resolving existing challenges in the power sector and expanding capacity for future power needs in Nigeria.

Central Bank of Egypt signs agreement with DFSA to fight financial crimes

08-08-2019 | 12:48:00
The Central Bank of Egypt (CBE) has signed a memorandum of understanding with Dubai Financial Services Authority (DFSA) on cooperation in the field of supervising markets.

[South Africa] Skynamo joins Acumatica in protecting customers’ data

08-08-2019 | 11:53:00
Skynamo, the field sales app for Acumatica, has announced that it has joined Acumatica in protecting customers’ data by achieving ISO 27001:2013 certification.

[South Africa] the dti to Set Up 10 Digital Hubs to Bridge Digital Divide

08-08-2019 | 11:25:00
The Deputy Minister of Trade and Industry Ms Nomalungelo Gina, says the Department of Trade and Industry (the dti) will establish ten digital hubs across South Africa

IFC and MIGA to support landmark wind farm on Egypt’s Gulf of Suez

08-08-2019 | 11:21:00
IFC and MIGA, members of the World Bank Group, signed an agreement to support the development of a 252-megawatt wind farm by Lekela in Egypt’s Red Sea governorate.

[Kenya] KenTrade partners with Global Alliance to break down trade barriers

08-08-2019 | 11:10:55
Traders can now expedite the clearance and release of goods along the Kenya borders following a partnership agreement that was recently signed in Nairobi between KenTrade and the Global Alliance for Trade.

Vivo Energy Uganda celebrates triple I.S.O. certification

08-08-2019 | 10:54:00
Vivo Energy Uganda, the company that distributes and markets Shell branded fuels and lubricants in Uganda, has been awarded three standards certifications by the International Standards Organization (ISO).

NNPC highlights benefits of Nigeria-Morocco gas pipeline

08-08-2019 | 10:48:00
The Nigeria-Morocco Gas Pipeline (NMGP) project will open new vistas for Nigeria’s gas aspirations, the Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said.

EgyptAir maintenance and engineering establishes LM Station in Dubai

08-08-2019 | 09:59:00
EgyptAir maintenance and engineering has signed a partnership agreement with SKAN Aviation to establish a line maintenance station in Dubai International Airport.

[South Africa] Prudential Authority fines Bank of Baroda $$27,000 for non-compliance with financial intelligence act

08-08-2019 | 09:57:07
The Prudential Authority (PA) has issued the Bank of Baroda a R400 000, approximately $27,000, administrative sanction for non-compliance with certain provisions of the Financial Intelligence Centre Act.

[South Africa] Cryptocurrency solutions provider UVO Group LLC launches new gaming platform

08-08-2019 | 09:08:00
Leading cryptocurrency solutions provider, UVO Group LLC, set to revolutionize the gaming industry with the launch of “The World’s Premier Crypto Gaming Platform” where gamers earn Coin for playing games.

African Development Bank and Ethiopia sign agreement for first phase of Ethiopia–Djibouti transport corridor

08-08-2019 | 07:58:43
The government of Ethiopia and the African Development Bank Group have signed a $98 million grant agreement from the African Development Fund (ADF) to help finance phase one of the Ethiopia–Djibouti Road Transport Corridor Project.

Africa's key development partners formalize their commitment to address food and nutrition security in the continent

08-08-2019 | 07:43:56
In partnership with the African Union, leaders of four multilateral agencies, AfDB, FAO, IFAD and the World Bank, called for a high-level meeting with development partners in Kigali, Rwanda at the first Africa Food Security Leadership Dialogue.

[Ethiopia] Addis Ababa leads Africa in hotel room rates

08-08-2019 | 07:22:34
Addis Ababa, Ethiopia, posted Africa’s highest average daily rate (ADR), according to the most recent 12-month data from STR.

Food situation worsens for refugees in Malawi, urgent support required

08-08-2019 | 07:18:00
The United Nations World Food Programme (WFP) in Malawi is deeply concerned about the worsening food situation for approximately 40,000 refugees and asylum-seekers following a cut in the amount of food assistance they receive.

Volkswagen partners with Lionesses of Africa to assist female entrepreneurs in South Africa

08-08-2019 | 07:12:00
Volkswagen has partnered with the Lionesses of Africa organization to assist in developing their over 600 000 female entrepreneurs across 54 African countries.

Digital Realty appoints Jeffrey Tapley Managing Director of EMEA region

08-08-2019 | 07:10:00
Digital Realty, a global provider of data center, colocation and interconnection solutions, has appointed Jeffrey Tapley as Managing Director for Europe, Middle East and Africa

Tanzania enters deal with Chinese firms for construction of modern bridge

08-08-2019 | 06:54:00
Tanzania has signed a deal with Chinese groups China Civil Engineering Construction Corporation and China Railway 15th Bureau Group for the construction of a 3.2 kilometre bridge over parts of Lake Victoria.

Contribution from Germany supports WFP assistance in Algeria

08-08-2019 | 06:39:00
The Government of Germany has contributed €1 million to cover for the basic food needs of Sahrawi refugees that the United Nations World Food Programme (WFP) is assisting in Algeria.