Most Recent News

General Electric (GE) Upbeat On Africa’s Economic Prospects

The global power utility, General Electric (GE), on Monday said it was happy to do business in Africa, particularly East Africa, as the continent was facing a firm economic surge..

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African Investment & Development Awards 2013, New York

The African Investment and Development Forum & Awards would hold on 25 September 2013, at the 5 star St Regis Hotel, New York USA, on the margins of the United Nations General Assembly. For participation.

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Lagos-based Internet group, SPARK Raises $2m For Nigerian Internet Startups

Lagos-based Internet group, SPARK has raised a $2 million investment from a syndicate of 17 international investors, based on a $10 million valuation for its network of Nigerian internet startups. The investment.

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International Acquisition Of Local Firms Profit Kenyan Entrepreneurs

Recent acquisition of Kenyan companies by foreign multinationals will provide multi-billion-dollar windfalls for local entrepreneurs, experts reveal. Findings suggests that several billionaire entrepreneurs are selling their stakes in local companies.

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Africa’s oldest ruler, Mugabe sworn in as Zimbabwean president

Veteran leader Robert Mugabe was sworn in as Zimbabwe’s president for another five-year term before a stadium packed with thousands of jubilant supporters Thursday. Mugabe, 89, pledged “to observe, uphold.

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Facebook wants more Africans online

An initiative to bring internet access to the “next five billion” people has been launched by Facebook founder Mark Zuckerberg. The social network has teamed up with Ericsson, MediaTek, Nokia,.

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Egypt court orders former president Hosni Mubarak released on bail

An Egyptian court has ordered the release on bail of former President Hosni Mubarak in a corruption case. Reports suggest he may be freed from jail on Thursday – but.

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Mandela social network aims to spread Madiba inspiration

Nelson Mandela has countless streets named after him, his own foundation, his own fan page and now his own social network. The website mandela.is allows users, called “citizens”, to connect,.

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Central Africa Coup Leader Sworn In As President

Former rebel leader Michel Djotodia was sworn in as president of the Central African Republic on Sunday, five months after seizing power in the violence-wracked country. The former French colony’s.

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Oil and gas executives gather in Mozambique to discuss potential of resource-rich Africa

Oil and gas industry executives from across Africa are meeting in Mozambique this week to discuss challenges and opportunities on the resource-rich continent. The website of the event, called Oil.

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