Most Recent News

Nigeria Secures More Funds For Power Sector Transformation

The African Development Bank (AfDB) has approved a (N29.4billion) $184.2 million loan to drive Nigeria’s power sector privatisation agenda, and a further $3.1 million to propel its vision 2020 power.

  • 0

AFC Signs $250m Syndicated Loan To Boost African Investment

Africa Finance Corporation (AFC) has signed a $250 million syndicated loan facility to support investment and trade finance across the continent. According to an official statement, the facility – which.

  • 0

Agriculture Ministry Signs $20m Deal To Boost Cassava Bread Production: Nigeria

Nigeria’s Ministry of Agriculture and Rural Development has signed a N4.3 billion ($20m) facility deal with the Bank of Industry (BOI) to boost the production of cassava bread in the.

  • 0

An underwater hotel opens in Africa

Joining a list of other experimental under-the-sea hotel rooms in Florida, Sweden and the Maldives, the underwater room at Manta Resort on remote Pemba Island in Tanzania’s Zanzibar Archipelago immerses guests 4m below the.

  • 0

Samsung Partners Kenyan University To Supply Lowcost Laptops

Electronic giant, Samsung has come into agreement with a Kenyan institution, the Jomo Kenyatta University of Agriculture and Technology (JKUAT) to subsidize the cost of laptops for its student. Samsung,.

  • 0

Monetary Union: East African nations reach agreement

Heads of state of Kenya, Tanzania, Uganda, Rwanda and Burundi, which have already signed a common market and a single customs union, said on Saturday that the protocol would allow them to.

  • 0

New East African railway launched

Kenya has formally launched a new, Chinese-financed railway which should extend across East Africa to reach South Sudan, DR Congo and Burundi. The first section will link the Kenyan port.

  • 0

Samsung Offers Smart Business Solutions To Zimbabwean Government

Multinational tech giant, Samsung Electronics has partnered with Zimbabwean Lines Products and Services (LPS) to provide business-to-business (B2B) and government solutions across the Southern African country. The new partnership involves.

  • 0

Google Announces Project To Boost Internet Connectivity In Uganda

US tech giant Google, today announced Project Link, an initiative to connect Internet service providers (ISPs) in Kampala, Uganda to a metro fiber network to boost connectivity and internet speed.

  • 0

Nigerian teachers honored by Microsoft for innovation

  A school and three teachers from Nigeria were nominated amongst the world’s best as part of Microsoft’s 2014 class of Mentor Schools and the Inaugural Class of Expert Educators this.

  • 0