Category Archives: African News

African Business News

Clarion announces launch of Gaming Africa

Clarion will be applying its knowledge and experience gained working in the international gaming space with the launch of Gaming Africa, a free-to-attend two-day conference taking place in Johannesburg across 24 and 25 October.  The decision to launch Gaming Africa follows requests from major industry players for a quality business-to-business event dedicated to meet the specific gaming needs of the continent.  The Clarion organising team has experience working with the market having staged a highly successful World Regulatory Briefing (WrB) in Kenya earlier this year, which was preceded by WrB Nigeria in 2015. read more

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Joe Falter appointed as new CEO of Jumia Travel

Nairobi – 6th September, 2017: Jumia Travel has announced the appointment of a new Chief Executive Officer, Joe Falter, succeeding Paul Midy who has exited the top post to take a different position in the larger Jumia Group. Falter, who is also the Founder and CEO of Travel’s sister company Jumia Food, assumes the role as part of efforts outlined to further bolster the company’s operations. read more

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AfriLabs Strategic Partnership with Hivos for AfriLabs Annual Gathering 2017

AfriLabs; The largest pan-African network of over 60 technology and innovation hubs across 25 African countries is holding its 2017 Annual Gathering taking place from the 18th – 20th of October in Egypt hosted by AfriLabs member hub The District in partnership with Hivos. read more

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Madagascar to lay focus on land governance in its Agricultural Investment Plan

The AU-ECA-AfDB Land Policy Initiative (LPI) in partnership with the government of Madagascar organised a workshop on 31 August 2017 to validate the Country Report and Business Plan on Mainstreaming Land Governance in the National Agricultural Investment Plan of the Comprehensive Africa Agricultural Development Programme (NAIP/CAADP). read more

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Nairobi sees 22% boost in domestic air travel capacity

Image by joyfull

Nairobi is the only city in Africa whose airports are recording higher growth for domestic capacity than that of international capacity, with a 22% boost. This is according to a new report by ForwardKeys, which compares Nairobi’s trend to most of the other top 10 African Airports ranked by total scheduled capacity for August to December 2017, which are seeing more growth in international than in domestic capacity. read more

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UK opposes illegal wildlife trade in Angola

UK funds £25,000 to support Angolan project to protect Cuando Cubango’s wildlife through education and sustainable agricultural practices read more

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DIAA Says MOBILE MONEY USERS SAVE 19,329,887 MILLION HOURS A MONTH

A recent study by Digital Impact Awards Africa (DIAA) has revealed that at least 5,000,000 regular users of mobile financial services in Uganda during a 3 months period spent 7,113,356 man hours (296,390 man days) to clear simple financial transactions and saved 57,989,660 productive hours (An average of 19,329,887 million hours a month) that would otherwise be spent on using traditional transactions payment means. read more

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ECA launches the 2016 Malawi country profile

The Country profiles provide evidence based information and analyses on socio-economic trends and tracks progress in areas of regional integration, gender equality and social development in member-states read more

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JACK MA: AFRICA NEEDS TRAINING AND PARTNERSHIPS FOR DEVELOPMENT

The founder of Chinese e-commerce giant Alibaba, Jack Ma, during last week’s youth connect Africa summit in Kigali made known that he will be undertaking four projects to support African entrepreneurs, young people and efforts of conservation in Africa. read more

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Africa Youth Connect: Africa Needs Re-branding, says Akon.

Youth Connekt Africa Summit ’17

At this year’s Africa youth connect held in Kigali, Rwanda, international hip-hop singer and song writer, AKON, touched on the need for Africa to rebrand. This is what he had to say, read more

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GRA picks up on Glo Telecom on Tax Debts

Glo Ghana, the telecommunication giant in Nigeria and operating in Ghana and Benin, has been picked on by the Ghana Revenue Authority (GRA) to be owing tax from 2016 which is amounting to over 11 million Ghana Cedis. Glo has been playing a functioning role in internet usage for many Ghanaians and the telecom company has responded to this announcement with all urgency. It is an inconvenience to the company and they are aiming to pay off the debt to GRA by end of this week. read more

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ICGS to build an energy hub for gas cooperation in South Africa this October

International Gas Cooperation Summit

From October 9th to 11th this year, South Africa will gather gas developers, investors, and technology providers within the natural gas sector to brainstorm the greater role of natural gas in building an energy robust economy to support national development in the country. read more

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Housing and Real Estate: Is There a Future for Mortgage Industry in Africa?

Rural urban migration offers an investment opportunity for the mortgage industry and financial institutions to develop a more effective way of giving clients access to owning an accommodation facility. Currently, over 40 per cent of sub-Saharan Africa population are residing in cities where there are growing housing challenges, thus, an opportunity for investment and also public-private partnerships (PPP) to curb the situation. read more

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US Offers 6 million worth Scholarship to 140 Nigerians.

The government of the United States of America has given out scholarships which is worth 6 million USD to 140 Nigerian students across universities and colleges in Nigeria. At an orientation held for the 140 scholarship recipients, the Deputy Chief of Mission of the US Embassy in Nigeria mentioned that their move to provide this support to excellent students is geared towards alleviating financial barrier faced by most brilliant or talented students which prevent them from pursuing higher education, and also for most Nigerian students studying in the US. Mr. Aruna Amirthanayagam, the Deputy Chief of Mission of the US Embassy, also said that their advising centres in Abuja and Lagos assist high achieving, low income students to apply to US colleges and universities that will offer admission with full scholarships. read more

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