Monthly Archives: May 2014

Exclusive interview with Mr. Kresten Buch, the founder of 88mph

Kresten Buch, a Danish web entrepreneur turned investor, brought the accelerator model to Sub Saharan Africa nearly 3 years ago and to date has invested over $3million. read more

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La TMB élue Meilleure Banque en Afrique Centrale

KIGALI, Rwanda, 30 mai 2014/African Press Organization (APO)/ La TMB ( a gagné le prix de la Meilleure Banque en Afrique Centrale lors de la cérémonie qui décerne les prestigieux African Banker Awards. La remise de prix a eu lieu à Kigali, au Rwanda, en marge du 50e anniversaire des Assemblées annuelles de la Banque africaine de développement (BAD).
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TMB honored as the Best Bank in Central Africa

KIGALI, Rwanda, May 30, 2014/ TMB ( has been announced as the Best Bank in Central Africa at the prestigious African Banker Awards. The awards ceremony was held in Kigali, Rwanda, during the African Development Bank’s 50th anniversary Annual Meetings. read more

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Is Africa the emerging market of the decade?

While markets like India, Brazil, Turkey, Indonesia and Russia have failed to deliver as emerging markets; Africa is seemingly more buoyant in relative comparison.  Forbes, in its report on ‘Africa’s emerging market boom’, says that Africa is currently home to five of the world’s dozen fastest-growing economies.  While this is quickly cautioned for optimism, mostly due to underdeveloped infrastructure, there is a bright light over Africa, most especially from a communications perspective. read more

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Philips is committed to significantly expanding its business footprint in Morocco

Posted in Energy, Morocco News | Leave a comment

BANCASSURANCE, Dar es Salaam, August 27 – 28, 2014

Posted in African News, Botswana News, Events, Ghana News, Kenya News, Tanzania News, Uganda News, Zambia News | Leave a comment

GCC Power & Water Forum

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MTN Uganda launches the MTN Internet Bus worth Ushs. 600 Million to boost ICT literacy in Rural Uganda

MTN Uganda through the MTN Uganda Foundation has unveiled a fully kitted state of the art bus dubbed the MTN Internet Bus. The Bus which is the first of its kind in Uganda, will be a vital tool for MTN Uganda’s vision of enhancing ICT Education across the country. read more

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WHO Disease Outbreak News on the Ebola Virus Disease in West Africa and Cholera in South Sudan

GENEVA, Switzerland, May 29, 2014/African Press Organization (APO)/ Ebola virus disease, West Africa (Situation as of 27 May 2014)
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Posted in African News, Guinea News, Kenya News, Liberia News, Sierra Leone, South Sudan | Leave a comment

NEC and Tanzania Telecommunications double mobile network capacity in key rural and island locations

New high speed, high capacity NEC microwave backhaul links connect six key locations to support rising mobile broadband usage and sustainable development in Tanzania read more

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IMF: The Republic of Congo’s macroeconomic performance continues to be broadly satisfactory. Growth averaged around 3.5 percent in the last three years, in the context of declining oil production due to aging oil fields. The economy is projected to expand by about 6 percent per annum between 2014 and 2019

IMF Mission Statement at the Conclusion of the 2014 Article IV Discussions with the Republic of Congo
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Minister Fast to Lead Third Trade Mission to Africa / Announces coming into force of Canada-Benin FIPA

OTTAWA, Canada, May 28, 2014/African Press Organization (APO)/ The Honourable Ed Fast, Minister of International Trade, today participated in Africa Day celebrations in Ottawa and invited Canadian business representatives, especially from small and medium-sized enterprises (SMEs) looking to expand, to join a trade mission to South Africa and Tanzania from June 22 to 27, 2014.
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Joint IMF-Mozambique “Africa Rising” Conference Opens May 29 in Maputo

MAPUTO, Mozambique, May 28, 2014/African Press Organization (APO)/ The International Monetary Fund (IMF) and the Government of Mozambique will host a high-level conference on Africa Rising: Building to the Future in Maputo, Mozambique, on May 29-30 that will bring together policymakers, the private sector, and civil society from sub-Saharan Africa and beyond to discuss the challenges facing the region as it builds upon the strong economic gains made since the 2008 global economic crisis.
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Competition Increases for African Countries Seeking FDI into their Power Sectors

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