News
Africa Business Communities RSS
AGCO and AT Capital partner to develop PAM Agri-Industry Park in Mozambique
AGCO and AT Capital S.A have signed a memorandum of understanding to collaborate and work together towards the implementation of the Parque Agro-industrial de Moamba (PAM) Agri-Industry Park in Maputo, Mozambique.GISI partners with CISI to combine Ghanaian financial services best practice with global portability
CISI and GISI are working together to enhance the Ghanaian investment and securities profession with a partnership focusing on qualifications, continuing professional development and ethics.Formation of joint venture to accelerate growth of KFC franchise portfolio in East Africa
Vivo Energy, the pan-African retailer and distributor of Shell and Engen-branded fuels and lubricants, has agreed to form a non-fuel joint venture to accelerate the roll-out of KFC restaurants in Kenya, Uganda and Rwanda.ADES secures new contract in Egypt, extends contract in Algeria
ADES International, a leading oil & gas drilling and production services provider in the MENA region has been awarded a new two-year contract in Egypt and has signed a one-year contract extension for its onshore rig RIG 828 in Algeria.[Kenya] Cytonn Asset Managers launches Pensions Business
Cytonn Asset Managers Limited, CAML, the affiliate of Cytonn Investments Management that is regulated by the CMA and RBA has launched its Pensions Business.South African companies pleased with trade leads obtained from the DRC
Most of the South African companies that were funded by dti to participate in the 15th edition of the DRC Mining Week exhibition say it has produced good trade leads and tangible results for them.[Mozambique] OPIC signs letter of interest to invest in Sunshine Nut
OPIC and the U.S. Government’s development finance institution, announced that the agency will explore a new project with Sunshine Nut Co., which specializes in cashew processing operations in Mozambique.Afreximbank approves $69m dividend pay-out to shareholders
The African Export-Import Bank (Afreximbank) will pay a total of $69 million to its shareholders as dividend from its 2018 earnings.Lone MP sets out to remake Kenya’s food and medicines authorities without experts
A private MP’s efforts to reshape Kenya’s approval process for all of its food and medicines has caused alarm among the nation’s professional bodies.Anadarko announces Mozambique LNG final investment decision
Anadarko Petroleum Corporation and the co-venturers in Mozambique's Offshore Area 1 have announced a Final Investment Decision (FID) on the Anadarko-led Area 1 Mozambique LNG project.Six Comesa countries sign regional air transport liberalization pact
Six COMESA countries have so far signed the Commitment towards establishment of a single African Air Transport Market.Angola Airlines strengthens fleet with six new aircraft
Angola Airlines, as part of the process of renewing its fleet of aircraft, has acquired six new Dash8-400s, from the Canadian company "De Havilland of Canada Limited".Rwanda Private Sector Federation receives $2.2 million from TMEA to support private sector and women entrepreneurs
TradeMark East Africa and Rwanda’sPrivate Sector Federation have announced a new public private sector dialogue for trade and investment programme and support to women entrepreneur’s programme.Air Seychelles among first African airlines to receive A320neo aircraft
Air Seychelles has declared that it will be the first airline in the Indian Ocean and across Africa to take delivery of a new A320neo aircraft.Rwanda, AfDB sign $23 million agreement to boost Scale up Electricity Access Programme
The Government of Rwanda and the African Development Bank have signed an additional financing agreement worth $ 22.9 million for the Scale up Electricity Access Program.Air Austral increases service to Paris with a stopover in Kenya
Air Austral has increased flights between the French island of Mayotte in the Indian Ocean and Paris to daily services.CJ 4DPLEX partners with Genesis Cinemas to unveil ScreenX auditoriums in Nigeria for the first time
CJ 4DPLEX, the world's cinema technology company, has announced the signing of a new partnership with Genesis Cinemas that will bring a total of six ScreenX auditoriums to Nigeria for the first time.[Column] Arif Zaman: Diaspora holds huge potential to facilitate trade and investment
Globalization was once driven almost exclusively by governments, the world’s large multinational corporations and major financial institutions.[Liberia] Financing to upgrade Monrovia water supply system for additional 52,000 users
The World Bank has approved an additional financing of $24.74 million International Development Association (IDA) credit and $5.26 million IDA grant to increase access to piped water supply services in Monrovia.15 Comesa countries establish road development funds
Fifteen out of 21 countries in the Common market for Eastern and Southern Africa, (COMESA) have established dedicated Road Funds and Road Development Agencies.[Angola] Bestfly leases two ATR series jets to operate corporate and charter services
Angola private company Bestfly will take delivery of two ATR 72-600s from lessor Acia Aero to operate corporate and charter services throughout the country.South African Airways and Alaska Airlines launch new interline partnership
South African Airways and Alaska Airlines have announced that they have established a new interline partnership, which provides new and convenient flight options for both SAA and Alaska’s customers.ExxonMobil to provide $3 million to USAID programmes in Mozambique
ExxonMobil has committed to provide $3 million to USAID to design and administer programs that improve social and economic development in Mozambique.[Interview] Adan Abbey, President, Horn of Africa Insurance, Somalia
Adan Abbey is the President of Horn of Africa Insurance that serves the Somaliland and Somalia market.[Kenya] The Manpower Company introduces employee outsourcing model in the flower industry
Flower farms in Kenya can now outsource employees from a pool created and managed by The Manpower Company.
