Most Recent News

African Development Bank Group (AFDB) Approves $24m Budget Support Loan for Cape Verde

The Board of Directors of the African Development Bank Group on Wednesday, approved a €15-million ($24 million) general budget support loan for Cape Verde, to help the country finance its.

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Africa’s Private Energy Sector Key To Continent’s Commercial Future – Kola Aluko

Co-Founder of the $500 million Africa50 infrastructure fund, Mr Kola Aluko says the continued influence and growth of independent companies in the energy sector in Africa is vital, if the.

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Nigeria: World Bank Approves $300m Mortgage Facility

 The World Bank has approved a $300 million International Development Assistance (IDA) credit facility for Nigeria to aid low-income citizens own homes, through affordable mortgages. The World Bank, which disclosed.

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Econet Develops Weather-Indexed Insurance For Smallholder Farmers

Telecommunication giant Econet Wireless, has developed a weather-indexed drought insurance service for small holder farmers, allowing them to make a financial claim if their crops fail because of either inadequate.

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General Electric (GE) Wins $1.9 Billion Deal To Supply Algerian Turbines

General Electric (GE) on Sunday said it had won a $1.9 billion deal to provide Algeria with turbines for six power plants. According to the Wall Street Journal (WSJ), the.

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MTN Sponsors 24 Youths To One Young World Summit

MTN, the National Host Sponsor of the 2013 One Young World Summit, the first to be held in Africa, selected 24 youth delegates from 19 of its markets across Africa.

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Spinlet, the iTunes of Africa, hits 650K subscribers — and is targeting 50M users by 2016

A Canadian who worked for a company that owns half of China’s Tencent is helping reinvent music in Africa via a company started by two Finns that was sold to.

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Technology And The Future Of Healthcare In Africa

Imagine if you could track your general health status on a daily basis through an app on your phone. Consider the following futuristic scenario. Before you show any physical symptoms.

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Kenya Discovers Huge Water Source

Test drilling confirmed there was water underneath the arid ground A huge water source has been discovered in the arid Turkana region of northern Kenya which could supply the country.

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Kenya Seeks Nigeria’s Support, Offers 46 Oil Blocks

New east African oil player, Kenya has partnered with Nigeria, Africa’s largest oil producer to help it build a sustainable framework for its premature energy industry while offering 46 newly.

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