Crowdfunding—or the use of online platforms to raise money for business ventures from a large base of investors—has been steadily gaining traction in Africa over the past decade. Still, crowdfunding in Africa remains limited compared […]Read More ..
Dar es Salaam — Tanzania should open up its Dar es Salaam port to trudge cargo volume, expand and build new transport links to make Tanzania a regional hub while turning the country as Dubai […]Read More ..
The Las Vegas Urban Chamber of Commerce is ready for business with Africa after Chamber President Ken Evans returned Friday from the first chamber-led trade mission. Evans and representatives from the Governor’s Office of Economic […]Read More ..
Following a successful launch and full testing in India over the past year, Microsoft has announced the launch of its productivity app Kaizala in Kenya. Created as a chat app, Kaizala has been customised to […]Read More ..
Governor Akinwunmi Ambode, his Anambra State counterpart, Willie Obiano, as well as Paul Collier, say Africa must continually invest in infrastructure to quicken the pace of her development and bring about liveable cities. They spoke […]Read More ..
Hopes of Nigeria attracting foreign investments have been renewed as the European Union (EU), at the weekend, unveiled a €44 billion Africa economic development fund aimed at helping African countries manage their economic crisis in […]Read More ..
Eskom says large power users can now launch their growth plans with confidence, thanks to the utility’s turnaround strategy delivering an operational surplus capacity. Speaking at the POWER-GEN & DistribuTECH Africa industry reception event in […]Read More ..
Heads of State and Governments who attended the 28th Ordinary Session of the Assembly of the African Union have signed the Continental Free Trade Agreement (CFTA), whose purpose is to ensure significant growth of Intra-Africa trade. The […]Read More ..
Houston-based Cardtronics has acquired South Africa’s largest independent ATM provider for an undisclosed sum. The acquisition of Spark ATM Systems establishes South Africa as an anchor market in Africa for Cardtronics, according to a company […]Read More ..
When Netsurit made the strategic decision to look for an opportunity to expand into the North American market, networking with our colleagues at Entrepreneurs’ Organization was the logical first step in finding a like-minded company […]Read More ..
The 2nd annual West Africa Energy Assembly, organized by the Oil and Gas Council, the World’s largest business network of oil and gas executives’, attracted key players in West Africa’s oil industry, as well as […]Read More ..
High-end optics and precision electronics manufacturer, Olympus Corporation, today launched its regional headquarters for Middle East and Africa (MEA) in Dubai, United Arab Emirates. Olympus President, Mr. Hiroyuki Sasa, flew in from Tokyo to inaugurate […]Read More ..
GE and Standard Bank have officially launched their new ‘Accelerator Programme’ for South African Healthcare Professionals at the R500 million GE Africa Innovation Centre in Johannesburg. The two companies say the six-month Healthcare Accelerator programme […]Read More ..
With his win of the White House, president-elect Trump has made no secret that his electoral college mandate to “make America great again” should apply to US foreign policy as well. During the campaign and […]Read More ..
Michel Puchercos, is the Managing Director, Lafarge Africa Plc, one of the largest cement groups in Africa, a member of the French global cement giant, LafargeHolcim Group, with a huge presence in Nigeria. With […]Read More ..
The sleek passenger train waiting for its inaugural journey at Djibouti’s barely finished Nagad station almost stretched out of sight down the platform. Three tracks behind it was an even longer goods train of dark […]Read More ..
Established by Jonathan Kgatshe in 2013, IT and audio-visual company Myteksonic aims to ensure that South Africa is at the forefront of cutting edge technology “My dream when I started Myteksonic was to improve my […]Read More ..
NAIROBI, Kenya, Jan 17 – Kenya and Mauritius have agreed to make the two countries the financial and trade hubs for Africa. President Uhuru Kenyatta said Kenya and Mauritius need to complement each other as the two […]Read More ..
An annual summit which will provide opportunity for Africa’s energy sector stakeholders and developers to interface with multilaterals, global investors and technology providers is slated to hold on the 7th to 8th of March in […]Read More ..
Mr Akinwumi Adesina, the President of the African Development Bank (AfDB), has called for improved access to financing to accelerate the transformation of African economies. He said this was likely to improve the quality of […]Read More ..
President Nana Addo Dankwa Akufo-Addo, together with some 30 African leaders, have committed to ensure that economic growth in their countries would lead to a more inclusive economy. This, they, said, would create jobs for […]Read More ..
Sub-Saharan African growth is expected to pick up modestly to 2.9 percent in 2017 as the region continues to adjust to lower commodity prices. This according to the January 2017 global economic prospects report published […]Read More ..
Ambassador Herman Cohen was Assistant Secretary of State for African Affairs under George Bush (Snr.) and is now the chairman and CEO Cohen & Woods International, a Washington based Africa focused group helping Western companies […]Read More ..
East Africa recorded the highest share of Foreign Direct Investment (FDI) across Africa, achieving 26.3 percent of total projects. This is according to Ernst & Young’s (EY) 2016 Africa attractiveness program which further states that […]Read More ..
Donald J. Trump will be sworn in as U.S president in January 2017. So, what does this mean for the private sector in Africa? Throughout the campaign, President-elect Trump focused largely on rebuilding America and […]Read More ..
From banking to hospitality and real estate to e-commerce, Ashish Thakkar built his vast business empire from scratch. The Ugandan tycoon started small with a little computer shop that kept him busy after leaving school […]Read More ..
The Turkish ambassador to Ethiopia had disclosed that Ethiopia remains the biggest recipient of Turkish direct investment in Africa. The US$1.5 billion Gibe III project dam is expected to generate 1870 MW of electricity. The […]Read More ..
Just a few months after being elected Conservative Party leader, David Cameron flew to Rwanda. It was a high-profile trip so he could see first-hand the development of one of Africa’s fastest-growing economies and launch […]Read More ..
Close to 4,000 Japanese delegates attending the sixth session of Tokyo International Conference on African Development (Ticad)
The team led by Prime Minister Shinzo Abe has also thrust Kenya, the gateway to Africa, on the cusp of history as the first country to host a Ticad session outside Tokyo. The Japan before […]Read More ..
According to EY’s 2016 Africa Attractiveness Program report, ‘Staying The Course’, sub-Saharan Africa remains one of the fastest growing regions in the world despite a relative slow down. This is reflected in the foreign direct […]Read More ..