Africa

Telecom company Somtel offers its shares to the public

The company has set the issue price of the shares at its IPO at $100 per share.

How to make Bitcoin trading easy yet profitable

With the right tools, anyone can get the help required to start trading cryptocurrency.

EAC private sector tables expectations for upcoming summit

Through EABC, the private sector has tabled these to the EAC Council of Ministers

African based food fund reaches $143 million final close from DFI commitments

The investment aims to increase agricultural output by 3 million tonnes

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 ...