Over half of the world’s population now using mobile internet–report
The report however note that more work needs to be done to bridge the digital divide
Africa
African banks tap into IBM technologies for financial inclusion
They include EcoBank, Nedbank, Attijariwafa Bank, UBA, Co-op Bank and Banco Mais.
Dahabshiil, AECF partner to support SME investment in Somali regions
With operations in Kenya, the two are keen to grow businesses in the region.
TMEA and AfCFTA join forces to unlock Africa’s trade potential
The two are united in their shared goal of increasing prosperity in Africa through the liberalisation of trade
Aviation players call for consolidation of air transport for industry sustainability
They spoke during a high level workshop on African airlines consolidation
EABC in partnership with East Africa Tourism Platform to fast track the sector's recovery
As uptake of vaccines increases and recovery efforts start, many nations are cooperating to revive tourism
African airlines to book Sh900.3bn loss on slow recovery–AFRAA
This as re-start of operations on intercontinental routes and vaccination status of the continent remain low
Jambojet commences Nairobi-Goma direct flights
The launch of the flights is aimed at opening up business and tourism opportunities between the two countries
Kenya-Ethiopia eye small players to boost trade at new border
High tariff bands have for years seen traders use porous borders to sneak in goods.
Fonds de Solidarite Africain becomes Shelter Afrique’s 47th shareholder
FSA joins Africa Development Bank and Africa Reinsurance Corporation under ‘Class-B’ shareholding category
Nigeria's Buhari signs historic oil overhaul bill into law
Amendments to the package allowed a series of concessions for oil companies.
African youth farmers missing out on agritech innovations–report
More than half of Africa’s rural population is employed in the agriculture sector
EAC States to jointly invest in vaccine manufacturing in efforts towards recovery
The region is working on strengthening partnerships between the private sector and EAC Partner States’
EABC urges East African states to liberalize air transport
According to findings by EABC,air-transport liberalization is set to lower flight costs by 9%
Digital transformation initiative for Africa’s agri-food sector unveiled
This targets to reach and support 50,000 farmers and at least 50 cooperatives
Full implementation of AfCFTA to boost Africa's income by $450b, World bank says
The pact will help cushion the negative effects of Covid-19 on economic growth by supporting regional trade
East African Business Council to champion EAC economic growth
Low access to vaccines, slow vaccine roll-out and potentially high cost of vaccinations risk holding back the recovery ...
Egypt tips Kenya on tourism recovery
Egypt and Kenya discussing how to promote tourism between the two countries
Appeal of afro-hair propels the growth of hair business
Women are spending up to Sh10k at a go on natural hair products