Autochek Expands to Francophone Africa by Acquiring CoinAfrique
The automotive technology company facilitating auto financing across Africa, Autochek has expanded to Francophone Africa after acquiring CoinAfrique, a classified ad marketplace. Autochek is looking to tap CoinAfrique’s regional customer base in Francophone [...]
Gambia Signs $68 Million World Bank Grant to Revive Tourism
Gambia and World Bank signed a $68 million grant on Tuesday to revive the ocean-facing West African country's tourism sector, representatives of both parties announced at a ceremony. The grant [...]
Kenya Surpasses South Africa as Top Avocado Exporter in Africa
Kenya has surpassed South Africa to become Africa’s top exporter of avocados. In the central region in particular, where the majority of the country’s small-scale avocado farmers are found, coffee [...]Celo Announces New Web3 Fund for African Startups Adopting Crypto Strategies
With the goal of supporting an inclusive financial system that contributes to prosperity for all, mobile-first blockchain ecosystem Celo launches a new programme to support African startups across payments, remittances, [...]
Kenya Set to Connect to Tanzania and Ethiopia's Power Grid
The construction of the electricity interconnectors linking Kenya’s transmission lines to the Ethiopian and Tanzanian national power grids will be completed in 2022, a government official said on Friday. Antony [...]Somalia Issues Licences to First International Banks in the Country
Somalia said on Sunday it had awarded licences to two foreign banks as the troubled Horn of Africa nation opens up the industry to international lenders. State-owned Banque Misr of [...]USAID Set to Boost Zambia's Regional Food Export with $30 Million Fund
USAID will arrange a $30 million package which will in part help Zambia boost food exports to two east African countries suffering from surging prices due to Russia’s invasion of Ukraine. Two [...]AfCFTA Could Lift 50 Million Africans from Extreme Poverty World Bank
The African Continental Free Trade Area (AfCFTA) has the potential to bring significant economic and social gains for the continent and lead to higher incomes, lower poverty, and accelerate economic [...]Airtel Africa Launches SmartCash Payment Service Bank in Nigeria
Airtel Africa, as announce the launch of SmartCash Payment Service Bank, its wholly-owned subsidiary, to provide secure and reliable financial services across Nigeria. Headquartered in Lagos, it is accepting deposits from [...]AfDB Set to Fund Rwanda to Establish Pharmaceutical Body to Support Vaccine Making
Rwanda has landed a deal to establish a pharmaceutical body, funded by the African Development Bank (AfDB), to support the region in the making of vaccines, drugs and patent applications. [...]Shell Suspends Plans to sell its onshore oil assets in Nigeria
Shell has suspended plans to sell its onshore oil assets in Nigeria until the outcome of an appeal to a Supreme Court ruling over a 2019 oil spill, it said on [...]Mauritius Drops Almost All COVID-19 Restrictions
Mauritius has reopened nightclubs and bars, lifted restrictions on gatherings, and scrapped a public mask mandate as it eased COVID-19 measures. Restrictions on public gatherings and crowds at weddings, funerals [...]
