September 19, 2022
Kenya: KCB Invests Billions to Support Oil Marketing Firms Importing Petroleum Imports
KCB Bank Kenya has invested over KSh 120 billion to support Oil Marketing Companies (OMCs) importing fuel as it seeks to consolidate its support to the energy sector KCB has been… Read more »
Namibia: Namibia Competition Commission Sets Conditions On Heineken's Acquisitions
Africa represents a market opportunity for global mergers and acquisitions players to geographically diversify their capital away from traditional markets such as North America,… Read more »
Kenya: The ICT Sector Will Reap Highly From Ruto's Plan to Advance Digital Space
President Ruto's administration plan regarding the ICT sector represents a significant move towards a much anticipated economic revolution in Kenya. Read more »
South Africa: Liquid, Eutelsat Partner to Launch Satellite Ground Station in South Africa
Satellite connectivity provides a complement to terrestrial cellular and non-cellular networks in remote locations. Read more »
September 18, 2022
Africa: Three Countries Possess Over 50% of Continent's Total Wealth
As per this year's Africa Wealth Report issued by UK investments consultancy firm Henley & Partners in collaboration with South African wealth intelligence business New World… Read more »
South Africa: Mike Teke South Africa's Charismatic Mining Tycoon
Mike Solomone Teke, the chief executive of Seriti Resources, often tells his daughter jokingly that the time he could have gone fully vegan is when he was growing up. Read more »
Africa: Amazon Web Service Approves Liquid Cloud As Direct Connect Delivery Partner
The reality of Africa's historically low economic growth is the very reason the world mistakenly believes that Africa lags too far behind the global cloud innovation boom. That way… Read more »
September 17, 2022
Africa: Brazil's Ebanx Expands Payment Gateway and Operations Into Africa
Africa is still cash-based. There is a great opportunity to build new solutions that will take Africa's payment space to new frontiers. International companies are now flying into… Read more »
September 15, 2022
Africa: U.S.$2 Billion Global Bond for Private Investment in Developing Countries
IFC, a World Bank Group member, issued a brand-new US dollar global benchmark bond, generating US$2 billion to stimulate private investment in emerging and developing nations. Read more »
Zimbabwe: Ecocash Launches Micro-Pension Fund for Informal Sector Workers
Zimbabwe's dual economy, the formal and informal sectors, have become two distinct economies in Zimbabwe. With the former vulnerable to complex tax regimes and inconsistent… Read more »
September 14, 2022
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: Dangote Attends Ruto Inauguration - Is It Time for Cement Factory in Kenya?
In 2017, Africa's richest man Aliko Dangote, registered two companies in Kenya planning to produce cement in Nairobi and Mombasa. 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 »
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 »
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$3.980 million (Sh479.2 million) fund will help 60 black-founded African firms so they may export their technologies outside their nations, including 12 in Kenya. Read more »
September 12, 2022
Africa: Continent's Mining Industry Requires Right Legal Framework to Flourish
Mining is a critical industry in Africa. Read more »
Southern Africa: Namibia, Botswana Nationals Will No Longer Need Passports to Travel Between the Two Countries
One of the main initiatives of the African Union's Agenda 2063, which aims to remove barriers to Africans' freedom of movement, employment, and residence on their continent, is the… Read more »
Africa: Stronger US Dollar Bad for Africa, Emerging Economies
The United States dollar has rallied against major world currencies since the beginning of the year. Read more »
September 11, 2022
Kenya: Kenya's Stock Rebounds After Election Jitters
NSE market update: On Wednesday, Sep 7, investors proved their confidence in Kenya's new president William Ruto as the Nairobi Stock Exchange (NSE) shot through the roof to record… Read more »
Tanzania: Vodacom Confident of Profitable Year Despite Q2 Bad Returns
Vodacom Tanzania fell Sh103.8 billion short of its second quarter target and the company blames it on what it says is 'the impact of mobile money transaction levies.' Read more »
September 10, 2022
Africa: Malnourished Africa - Is Nutrition-Based Agenda 2063 Palatable?
A balanced meal, three times a day, a basic need few in Africa can afford. A three-course meal, a luxury most of the rest of the world enjoys, on a regular basis. Read more »
Tanzania: Energy Solutions to Solving Water Crisis
The Tanzanian Parliament recently passed a US$ 294 million budget to fund the country's Ministry of Water projects for the 2021/22 financial year. Read more »
September 09, 2022
Africa: Queen Elizabeth II - How the Queen Built a Post-Independence Commonwealth for African Nations
Queen Elizabeth II steered the evolution of the Commonwealth into a forum for effective multilateral engagement whose potential to drive tremendous socioeconomic progress for… Read more »
Africa: Portugal Opens Borders Relaxing Visa Rules for Lusophone Countries
Portugal has simplified visa regulations for citizens of eight Portuguese-speaking nations to address a labour shortage in a number of critical key industries, including… Read more »