Africapitalist proponent, Tony Elumelu has pledged N100 million ($617,000), through his foundation, to help battle the Ebola outbreak in West Africa. He will be joining a...
Kenya’s lender, Equity Bank, on Monday said it is poised to start a mobile telecoms service in the next two months. The bank has embarked on...
The International Finance Corporation (IFC) has launched its inaugural “Umuganda” bond by signing a deal worth over $29 million with AB Bank Rwanda, Urwego Opportunity Bank,...
South African cement maker, Pretoria Portland Cement Company (PPC), says it will begin the commissioning of its 600, 000 ton-a-year plant in Rwanda by the end...
In a move set to trigger competition in South Africa’s fixed line sector, Vodacom, South Africa’s biggest mobile phone operator, has acquired 100 percent of privately-owned...
Following a similar launch in Botswana last month, global workplace provider Regus has announced the opening its first center in Windhoek, Namibia, bringing the number of...
The pan-African banking conglomerate, Ecobank Transnational (Ecobank), is on the pathway to posting a correction in profit growth in the current financial year (2014), according to...
The Banco Nacional de Angola (BNA), Angola’s central bank, and five other banks in the country have adopted SWIFT’s Sanctions Screening, a cloud-based payment that filters...
A joint venture comprising JSE-listed gold miners, Randgold Resources and Anglogold Ashanti and Congolese government, officially launched the $2,5 billion mine in the northeast section of...
Kenya has given Essar Energy the terms and conditions for the Indian firm’s exit from the Mombasa refinery owned by both parties after they failed to...
Kenya’s biggest bank by market share, Equity Bank, is poised to hand out more than 300,000 Near Field Communication (NFC) smartphones to restaurants, retail stores and...
Nigeria’s unprecedented economic growth rate, especially with data recorded in 2012 and 2013, has seen its economy surpass the combined average for BRICS (Brazil, Russia, India,...
A real estate boom is a natural byproduct of emerging market growth via rapid urbanization and expanding middle classes. As growth moderates, particularly as seen in...
