COMESA Unveils 50 Million African Women Speak Platform
COMESA has unveiled the 50 Million African Women Speak Platform (50MAWSP), a project that seeks to address the information needs of women in business in the region. Consequently, COMESA will [...]
Zimbabwe Stock Exchange Declines 21% Since Resumption of Operations
Zimbabwe Stock Exchange has dipped 21 per cent since reopening two weeks ago, the latest data release reveals. ZSE blames foreign investor flight for the slump with Bloomberg reporting that [...]
Mercer's Survey Sub-Saharan Africa Companies Show Better Gender Parity
Mercer's Survey (When Women Thrive 2020), conducted between 23rd September and 22nd November 2019, reveals that Sub-Saharan Africa (SSA) organizations continue to record an advancing gender parity in the workforce. In [...]MTN Picks CFO Ralph Mupita as New CEO
MTN Group has picked current group Chief Financial Officer (CFO) Ralph Mupita as new group president and Chief Executive Officer (CEO). In a statement, MTN Group says that Mupita will [...]Tower Company IHS Plans Africa's Biggest IPO in U.S Listing
Tower Company IHS Holding Limited announced that it is exploring a potential registered IPO in the U.S. The deal will kick off after review by the U.S. Securities and Exchange [...]Nigeria to Reopen International Flights By August 29
Nigeria is set to reopen its airports for international flights from August 29 subject to observation of protocols to minimize risk of COVID19 infection. Nigeria had closed its airspace on [...]Weekly Deals Digest: First Issue
Starting this week, we will be introducing a new segment called the Kenyan Wallstreet Weekly Deals Digest. This segment will consist of a round up of major deals that happened [...]South Africa Lifts Ban on Sale of Alcohol
South Africa has lifted the ban on the sale of alcohol and tobacco and announced relaxation of other lockdown restrictions. In a national address on Saturday, President Cyril Ramaphosa said [...]Unemployment Rate in Nigeria Hits 27.1% in Q2 2020
The Nigeria Bureau of Statistics (NBS) revealed on Friday that 21.7 million Nigerians were unemployed in the second quarter of 2020, translating to 27.1% unemployment rate. The last unemployment data [...]Rwanda Replaces Single Nation Passports with EAC E-Passports
Rwanda immigration department has announced that it will phase out all single-nation passports issued before June 2021. The Director-General says the passports will be replaced by the Rwanda East African [...]Podcast; Paxful C.E.O Ray Youssef On The Future Of Peer-To-Peer (P2P) Bitcoin Marketplaces In Africa
In an online podcast interview with the Kenyan Wallstreet, Ray Youssef, the co-founder and CEO of Paxful, shared his insights on what he believes to be the future of digital [...]
Jumia Q2 Losses Fall by 44% to €37.6 million
Jumia Technologies AG yesterday announced results for the second quarter ended 30 June 2020. The company recorded an operating loss of €37.6 million, 44% down from €66.7 million at a similar period this [...]
