News
Africa Business Communities RSS
Ecobank Transnational Incorporated announces co-option of new director
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced the co-option to its Board of Directors of Mrs. Aichatou Agne Pouye.[Kenya Business Week] Breathing new life into SMEs
Small and medium sized businesses in Kenya represents 75 per cent of the country's workforce, constitute 98 percent of all businesses in Kenya and contribute 3 percent to the national purse.EU, Bill & Melinda partner to support health services in Africa
The Bill & Melinda Gates Foundation will contribute €54 million, $62.5 million, to EU efforts to strengthen diagnostic health services in Sub-Saharan Africa under the External Investment Plan.AfDB invests $50million in Nigerian SMEs and women owned enterprises
The African Development Bank has approved a $50 million line of credit to Nigeria's Fidelity Bank Plc to support small and medium sized, and women-owned enterprises in selected transformative sectors.[Uganda] KCCA, WFP partner to tackle food insecurity
Kampala Capital City Authority, KCCA, and the United Nations World Food Programme (WFP) have entered a partnership to tackle food insecurity and rising levels of malnutrition in Kampala district.Ethiopian Airlines success at Avinor Oslo Airport
Since launching on 27 March 2017, Ethiopian Airlines has firmly established itself at Norway’s main airport. Now they are enhancing their service offering between Addis Ababa and Oslo Airport.[Column] Hannalie Marsh: Payments in Africa drives innovation
There is a great demand in Africa for cross-border payments and a need to regulate the payment industry on the continent while at the same time opening it up to include non-banks.Ghana works with FBI to take down online fraud targeting US companies
Several US firms were recently targeted by online fraudsters who used elaborate scamming schemes to dupe them into incurring devastating financial losses.[South Africa] NCR warns public against Charis Financial Services
The National Credit Regulator (NCR) has issued a public warning against Charis Financial Services, an unregistered credit provider, conducting business in Pietermaritzburg, KwaZulu-Natal.[South Africa] The dti to attract film Industry investment from the US
The Department of Trade and Industry (the dti) will lead a group of filmmakers to Los Angeles in the United States of America to attend the popular American Film Market (AFM) from 30 October – 7 November 2018.IGAD Africa visit ends on a high note
Deputy President Mabuza says SA working together with other leaders of the IGAD countries will continue to provide support for a successful implementation of a peace agreement in South Sudan in finding lasting peace, stability and development.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 Security, Trade and Employment.Nestlé Nigeria partners with Lagos Business School to train employees
Nestlé Nigeria has collaborated with Lagos Business School (LBS) to run a Sales Academy to train and equip its employees.Ethiopian Airlines to resume flights to Mogadishu
Ethiopian Airlines has announced the resumption of its flight to Mogadishu, Somalia, effective 2 November 2018.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 Group, to help strengthen its capital base and grow its lending operations.Eni acquires new exploration rights in Mozambique
Eni has signed in Maputo the contract for the exclusive exploration and development rights of the offshore block A5-A, in the deep waters of the Northern Zambezi Basin, approximately 1,500 km to the north east of the capital Maputo.Congo Airways to wet lease four aircraft from Ethiopian Airlines
Congo Airways’ present fleet of two Airbus A320 and two Bombardier Q400NextGen will be boosted when four more aircraft, wet leased from Ethiopian Airlines, will arrive in Kinshasa.[Column] Sandiso Sibisi: Youth employment key to development in Africa
Despite Africa’s impressive growth in past 25 years and its entry into the digital economy, the job market continues to be in a depressed state as youth unemployment continues to rise.Elanco Animal Health rolls out $3.1 million project in East Africa
Elanco Animal Health Incorporated is progressing a groundbreaking project to provide sustainable development solutions to address food insecurity in East African countries – Tanzania, Kenya and Uganda.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.AfDB leads pan-African campaign against Fall Army Worm
The African Development Bank recently convened a meeting of experts in the agricultural sector to design integrated pest and disease management mechanisms for controlling the spread of the Fall Army Worm in East Africa.Kenyan government explores new ways to support SMEs
Kenya’s President Uhuru Kenyatta has said the Government will streamline its processes so that it accords Small and Medium Enterprises (SMEs) the support they deserve.[Column] Sunil Kaushal: How Africa’s banking sector rules have changed
We are fortunate to witness a period of monumental progress in Africa. The changes are visible across all sectors.Angola’s installed energy capacity reaches 4,400 megawatts
Angola’s energy sector is since 2017 saving an overall 669,000 liters diesel/day with entrance into operation of new power plant, which enabled the country to have currently an installed 4,409 megawatts.Doreen Mashinini named Ford’s GM, marketing for South Africa and SSA
Ford Motor Company has announced the appointment of Doreen Mashinini as General Manager, Marketing for South Africa and Sub-Saharan Africa.
