Most Recent News

Egypt named top for investment attraction in Africa

Egypt accounts for some 48% of foreign investment in Africa and this percentage is expected to rise. In 2017, Foreign Direct Investment (FDI) in the country rose to an estimated.

IFC, Attijari bank to support SMEs and energy financing in Tunisia

IFC, a member of the World Bank Group, is providing a €40 million subordinated loan to Attijari bank Tunisia, a leading private bank in Tunisia, part of the Attijariwafa bank.

Ethiopia, Burundi can do more to capitalize on growing coffee markets

Coffee producers in Ethiopia and Burundi should capitalize on growing interest in premium markets and environmental sustainability among the 500 million people globally who drink coffee every day to make.

CBA hosts its third economic forum to discuss food security

Commercial Bank of Africa (CBA) yesterday hosted its third Economic Forum at Serena Hotel in Nairobi. The third Economic Forum focused on Food Security and Government policies geared towards Food.

Liquid Telecom completes acquisition of CEC Liquid Telecom in Zambia

Liquid Telecom has completed the acquisition of the remaining 50 per cent stake in its Zambian subsidiary, CEC Liquid Telecom, from Copperbelt Energy Corporation PLC. The acquisition will help facilitate.

King Salman receives Angolan foreign minister

King Salman received a message from Angolan President Joao Lourenco. The letter was delivered to the king during his meeting with Angola’s Minister of Foreign Affairs Manuel Augusto in Riyadh.

Angola seeks to raise $200 million in income with basket tax

Angola could raise at least US $ 200 million annually with the taxation of basic products, Angola’s Association of Industries (AIA) president José Severino has said. This could be achieved.

Intelsat and Q-KON enable large scale broadband access in Africa

Intelsat S.A., operator of the world’s first Globalized Network and leader in integrated satellite communications, and Q-KON have announced that Q-KON will introduce new, multiple high-speed broadband services powered by.

Jumia Kenya set to grow vendor base by 50% in 2019

Jumia plans to grow its vendor base from the current 10,000 to 15,000 by 2019. The e-commerce leader made this announcement during Jumia Black Friday launch event held at Movenpick.