South Africa to Begin Testing E-Visa Access for Kenyans
South Africa is set to begin testing the electronic visa (e-Visa) access for Kenyans as from this month. The new systems aims at eliminating the need to go to a [...]
Dangote Industries to Invest $2 Billion in Togo Project
Dangote Industries is seeking to invest $2 billion in a phosphate project located in Togo. If the project succeeds, Togo will become the main supplier of the phosphate fertiliser in [...]South African Conglomerate Standard Bank ups Stake in Kenyan Subsidiary
South African-based Standard Bank Group, considered the largest African banking group by assets with a market capitalization of approximately US$23 billion, has received a nod from Capital Markets Authority (CMA) [...]
Africa Focused Samasource Raises $14.8 Million in Series A Funding
Samasource has raised $14.8 million in its first round of funding, led byRidge Ventures. Ridge venture principal Ben Metcalfe confirmed the investment, citing that he will take a board sit [...]EAC Postpones Head of States Meeting Over Lack of Quorum
The EAC (East African Community) has postponed its head of states summit due to a lack of quorum. According to a report from the community, one member out of the [...]Ghana Set to Relaunch National Airline
Ghana is set to relaunch its national airline. This comes after signing a provisional order for three Boeing 787-9 Dreamliners at the recently concluded Dubai Airshow. The acquisition will cost [...]OPay Launches A Ride-Hailing Platform OCar After Series B Funding
Nigerian based startup Opay has launched a new ride-hailing service OCar, giving Uber and Bolt a run for Nairas. The car-hailing service comes a day after the company raised $120 million [...]IMF Concerned about Africa's High Debt Levels
The International Monetary Fund (IMF) has raised concerns over the rising debt in Africa. Ms Kristalina Georgieva, IMF managing director told Bloomberg that about 40% of the countries in Africa [...]Air Botswana to Lay Off More Than Half of its Staff
Air Botswanahas announced plans to lay off more than half of its workforce. This comes at a time when the government is trying to, again, privatize the airline. According to [...]Dubai Pledges to Support Africa's Trade
Dubai has pledged to support trade with Africa as non-oil trade between Africa and UAE continues to soar. The announcement came from the Dubai Chamber of Commerce Chairman, explaining that [...]LifeBank Nigeria Wins African Netpreneur Prize
The Jack Ma Foundation has awarded $1 million in prize money to 10 entrepreneurs from across Africa. This was during the inaugural Africa Netpreneur Prize Initiative grand finale held in [...]
South African Airways Resumes Flights to Six Destinations
South African Airways (SAA) has resumed flights to six destinations. These destinations include Accra, Lagos, Lusaka, Maputo,Windhoek and Harare. This will be effective from Tuesday, 19th November 2019. The airline [...]
