Kenya Withdraws from Maritime Border Case with Somalia
Kenya has announced that it will not take part in the hearings of its maritime border case with Somalia that were scheduled to start today, 15th March 2021, at the [...]
Kenyan Ms Wawira Njiru granted a fellowship at World Economic Forum
Ms Wawira Njiru, a Kenyan food activist, has been granted a fellowship at the prestigious World Economic Forum(WEF). This fellowship is in recognition of her known efforts of supplying affordable [...]
Savannah Venture Capital launches a $25M fund for African Startups.
Savannah VC Managing Partner Mbwana AlliyTech Companies in Kenya Other African Countries to Benefit from IFC's $25 Million Investment
Digital technology companies operating in Kenya, Nigeria, Ghana, Cote d’Ivoire, Ethiopia, Uganda, Tanzania, Zambia, the Democratic Republic of Congo, Mozambique, Botswana and South Africa are set to gain from a [...]
Nigerian Stock Exchange Receives Approval of Demutualization Plan
TheNigerian Stock Exchange(NSE) has received final approvals of its demutualization plan from the Securities and Exchange Commission (SEC) and Corporate Affairs Commission (CAC) respectively. With these approvals, The Exchange has [...]
Flutterwave Achieves Unicorn Status After $170 Million Funding
Flutterwave, one of Africa’s leading payments technology companies on Wednesday announced it had closed its Series C funding round of USD $170 million, pushing the company's valuation at more than [...]South Africa Economy Shrunk by 7% in 2020
South Africa’s (SA) economy contracted the most since 1946 as restrictions to curb the spread of the coronavirus pandemic ravaged output and disrupted trade. Gross domestic product in SA shrank [...]
ATU, Ericsson Finalize Plans to Usher in The Age of 5G in Africa
The African Telecommunication Union (ATU) has finalised the development of spectrum recommendations for the management of radio spectrum and to boost broadband connectivity in Africa. These recommendations are expected to [...]Currency Management Challenges in Africa
It is highly anticipated that the formation of the African Continental Free Trade Area is expected to boost the trade volumes across the whole continent and is expected to be [...]Uganda Airlines Secures Landing Slots at Heathrow Dubai Airports
Uganda’s national carrier, Uganda Airlines, has secured landing slots for Heathrow Airport and Dubai International Airports as it resumes long-haul flights. This comes after the airline received two new A330-800neo [...]TMEA Signs KSh1.38 Billion Financial Agreement with Finland
TradeMark East Africa (TMEA) has signed aKSh1.38billionfinancial agreement with Finland, seeking to support regional trade and the fight against the global coronavirus pandemic. Through this funding, TMEA will be able [...]Cameroon's Diool Raises $3.5 Million in Funding
Cameroon's fintech startup, Diool, has raised$3.5 millionin its latest funding round that was led by the Lundin group of companies plus existing investors. The round takes the startup's total secured [...]
