September 14, 2022
Kenya: Safaricom Partners With NCPWD to Help Persons With Disabilities Find Jobs
Persons with Disabilities in Kenya will get connected to jobs more easily following a partnership between Safaricom and the National Council of Persons with Disabilities (NCPWD)… Read more »
Africa: World Bank Says Global Economy in Danger. Is It?
World Bank chief David Malpass said that the world economy was in danger. Read more »
Africa: Mobile Educational Facilities Driving Inclusive Education in Africa
Recognizing the vital role of education, students and their families across sub-Saharan Africa have started using educational technologies to supplement formal schooling during… Read more »
September 13, 2022
Zimbabwe: Technology to Attract Youthful Investors to Zimbabwe's Capital Markets
Zimbabwe's stock markets are riding on a digital wave that has given more citizens, particularly the youth, access to the bourse. Read more »
Africa: Google U.S.$3.9 Million Fund for Tech Startups to Export Technologies
A US$3.980 million (Sh479.2 million) fund will help 60 black-founded African firms so they may export their technologies outside their nations, including 12 in Kenya. Read more »
September 12, 2022
Africa: Stronger US Dollar Bad for Africa, Emerging Economies
The United States dollar has rallied against major world currencies since the beginning of the year. Read more »
Africa: Continent's Mining Industry Requires Right Legal Framework to Flourish
Mining is a critical industry in Africa. Read more »
September 11, 2022
Tanzania: Vodacom Confident of Profitable Year Despite Q2 Bad Returns
Vodacom Tanzania fell Sh103.8 billion short of its second quarter target and the company blames it on what it says is 'the impact of mobile money transaction levies.' Read more »
September 10, 2022
Tanzania: Energy Solutions to Solving Water Crisis
The Tanzanian Parliament recently passed a US$ 294 million budget to fund the country's Ministry of Water projects for the 2021/22 financial year. Read more »
September 11, 2022
Kenya: Kenya's Stock Rebounds After Election Jitters
NSE market update: On Wednesday, Sep 7, investors proved their confidence in Kenya's new president William Ruto as the Nairobi Stock Exchange (NSE) shot through the roof to record… Read more »
September 08, 2022
Kenya: Jeremy Awori Leaves Absa Bank After Nearly 10 Years
Absa Bank Kenya has announced the exit of its CEO Jeremy Awori after nearly ten years of service Commenting on Awori's tenure, the board credited him for outstanding leadership,… Read more »
South Africa: Amazon Web Services and Google to Extend Their Footprint in South Africa
Due to strong investment incentives, Africa's internet access is growing at one of the fastest paces in the world. Africa's youthful population and rapid urbanization are strong… Read more »
September 06, 2022
Kenya: Kenya's Blockchain Election - the Masterstroke That Silenced Petitioners
Four years ago, and a year after the nullification of the 2017 election in Kenya, the electoral commission said that technology would be employed to allow presidential candidates… Read more »
September 07, 2022
Ghana: Uber Expanding in 8 More Cities Across Kenya, Nigeria and Ghana
Uber is expanding into eight more cities across Kenya, Nigeria and Ghana and raising its safety measures The company announced that it will now be operational in Owerri and Akure… Read more »
Africa: China Scraps Tariffs for 9 African Countries
China has removed Tariffs on 98% of products imported from 9 of Africa's poorest countries. Experts believe the measure will have a little economic impact. However, China's image… Read more »
Kenya: Businesses in Kenya Were Negatively Affected By August 2022 Elections - Pmi
Kenya's Purchasing Managers' Index (PMI) fell below the 50 points mark to 44.2 in August 2022, down from 46.3 in July, to indicate deteriorating conditions for businesses in the… Read more »
August 24, 2022
Kenya: Shanta Eyes U.S.$500,465 West Kenya Gold Licences
Shanta Gold, a London-listed exploration company, is interested in purchasing three further prospecting permits from Canadian miner Barrick Gold in the Western Kenya project after… Read more »
August 14, 2022
Zimbabwe: Reserve Bank to Release Smaller Gold Coins in November
The Reserve Bank of Zimbabwe (RBZ) has committed to introducing lower denomination gold coins. In his Mid-Term Monetary Policy statement released yesterday, Dr. Mangudya said the… Read more »
August 13, 2022
Kenya: Wealthy Citizens Saved Over U.S.$17 Million Daily Before Polls
As per data provided by the Central Bank of Kenya (CBK), the total value of foreign currency bank deposits in Kenya reached a new all-time high of Sh891.5 billion in June, up from… Read more »
August 09, 2022
South Africa: Central Bank Identifies Cybercrime's Growing Threats to SA's Banking Sector
The last two decades have witnessed increased technology adoption in Africa. According to Forbes, there are more than 600 million total internet users in Africa. Read more »
August 08, 2022
Kenya: Kenya - State to Construct U.S.$83 Million Mixed-Use Facility in Nakuru
Local Authorities Pension Fund (LAPF) Kenya has announced plans to construct a mixed-use facility at an estimated cost of KSh 10.0 billion ($83 million) in Nakuru County. Read more »
August 05, 2022
Namibia: World's Largest Diamond Recovery Pushes Production in Namibia
Diamonds recovered for the second quarter of 2022 by Namibia stood at 565 000 carats, a 67.2% increase from the 338 000 carats recovered during the same quarter in 2021 De Beers… Read more »
July 20, 2022
Africa: U.S.-Africa Summit Starts in Morocco Focused On Economic Recovery
The summit that will be held from Tuesday, July 19, until Friday, July 22, will focus on economic recovery post-COVID-19 pandemic The 2022 summit is being held under the theme… Read more »
May 19, 2022
Africa: Google Splashes U.S.$4 Million On 6 New African Businesses
The non-dilutive awards range from Ksh5.8 million ( US $50,000) to Ksh11.6 million (US $100,000) and will be awarded to the firms that are selected. Read more »
May 12, 2022
Africa: Investing in Africa's Science and Technology - Where Are We Now?
Although Africa has come a long way over the past decade in terms of realising the Fourth Industrial Revolution, there is still much to be done for the continent to be at par with… Read more »