African based food fund reaches $143 million final close from DFI commitments
The investment aims to increase agricultural output by 3 million tonnes
Africa
CDC Group commits $1b annual investment in African businesses
Foreign direct investment into Africa is predicted to have declined by 30 per cent in 2020
Kenyan SMEs go for $2 million African venture capital fund
This is under the Jua Kickstarter Fund and Simba Global Start-ups.
Digital shift boost to financial inclusion – report
Mastercard notes fintech disruption in online banking set to be a key driver
EABC urges for harmonization of Covid-19 charges to boost region's trade
Currently, Covid-19 tests are priced differently in each Partner State EAC Partner States
Mobile data traffic in Sub-Saharan Africa to grow 6.5 times by 2026
Average traffic per smartphone is expected to reach 8.9GB over the forecast period
Xoom launches secure money transfer service to mobile wallets in Africa
Helps reduce the cost of sending money to the region
Mastercard and Network International partner to expand commercial payment solutions
This will expand payment solutions for small, medium and large businesses in underserved markets across the Middle East ...
AFRAA calls for multi-sectoral approach for recovery of airlines
The Association in it's annual report noted that recovery of traffic in Africa is expected to start with domestic ...
Top African brands could lose up to $60 billion from Covid-19
Africa’s top 150 most valuable brands could lose up to 12 per cent of brand value cumulatively
Uganda airlines back in the skies, flags off first flight to Nairobi
Uganda Airlines yesterday resumed commercial flights from Entebbe, flagging off its first flight from the Entebbe ...
EABC calls for EAC coordinated approach to regional air services re-opening
The East African Business Council (EABC) has called for a coordinated approach on the resumption of regional air ...
Covid-19 provides an opportunity for East Africa’s Property Sector to Reset
The East African real estate sector has remained attractive to developers and investors despite Covid-19 therefore ...
Facebook’s connectivity investments to grow Africa’s economy by $57 Billion in the next five years
Facebook investments in infrastructure and connectivity across the Africa are expected to deliver over ...
EABC endorses Amina for the World Trade Organisation post
The East African Business Council has endorsed the nomination of Ambassador Amina Mohammed, for the World Trade ...
VAELL to launch agricultural arm in Tanzania to support farmers and SMEs
Regional Leasing Firm, Vehicle And Equipment Leasing Limited (VAELL) is set to launch its agricultural arm in Tanzania ...
EAC private sector tables expectations for upcoming summit
Through EABC, the private sector has tabled these to the EAC Council of Ministers