Flutterwave Appoints Oneal Bhambani as New CFO
Africa's leading payments technology company, Flutterwave has appointed Oneal Bhambani as its new Chief Financial Officer (CFO). Bhambani joins the startup from American Express and Kabbage, where he managed fintech products. Kabbage is a subsidiary [...]
Kenya's MPost Partners with Yobante Express to Scale Up Door-to-Door Deliveries
Yobante Express, a Senegalese logistics start-up, has finalised a partnership agreement with Kenya’s MPost, start-up where mobile phones are “transformed” into postal addresses. The partnership seeks to enable door-to-door deliveries [...]Amazon to Expand to Africa in 2023
Amazon is planning to expand into five countries across Africa, Europe, and South America, while maintaining its base in the United States according to reports by the Business Insider. The [...]Kenya Uganda Sign MoU to Facilitate Fish Exports to DRC
Kenya and Uganda have signed a bilateral agreement that will facilitate the smooth flow of fish exports from Lake Turkana in Kenya, through Uganda, to the Democratic Republic of Congo [...]Israel Egypt on Road to Increase Gas Exports to the EU
Israel and Egypt have announced plans to boost gas deliveries to the European Union, after the three parties signed a new energy agreement in Cairo. The new memorandum of understanding, [...]Trade Between Uganda Rwanda Continues to Suffer Despite Border Openings
Trade between Uganda and Rwanda has continued to suffer, despite re-openings of the common land border between the two countries, and easing of COVID-19 restrictions. Latest export data from Uganda’s [...]Shelter Afrique Receives $7.15 Million Additional Capital from Nigeria
Pan-Africa housing development financier, Shelter Afrique has received $7.15 million in additional capital subscription from the Federal Government of Nigeria. The Additional stake now takes Nigeria's shareholding to 15.8%, one-percentage [...]Ethiopia to Increase Local Wheat Production by 70% in 2022
Ethiopia plans to increase its local wheat output by up to 70% in 2022 as the country cushions itself from supply chain constraints due to the ongoing Russia-Ukraine conflict. Data [...]
Longhorn Publishers Appoints Thomas Omondi-Achola as Non-Exec. Director
Longhorn Publishers Plc Board of Directors has informed its shareholders and stakeholders of its decision to appoint Thomas Omondi as an alternate non-executive director to Centum Investment Company Plc in [...]KQ Expands Codeshare Agreement with Delta Airlines
Kenya Airways (KQ) has expanded its codeshare agreement with and Delta Airlines, seeking to offer customers seamless travel to a total of 44 cities in Africa, the United States, and [...]Tanzania to Cut Mobile Money Transaction Fees by 43%
Tanzania has announced plans to reduce mobile money transaction fees by 43%. While presenting the national budget for financial year 2022/23 in Parliament on 14th June, Finance and planning Minister [...]Angola Trumps Nigeria to Become Africa's Biggest Oil Producer
Angola has trumped Nigeria to become Africa's biggest oil producer as the latter's output declined the most in May among its peers in the Organization of Petroleum Exporting Countries (OPEC). [...]
