Airtel Africa Announces Plan to List on London Stock Exchange
Airtel Africa has announced plans to list its shares on London Stock Exchange through an initial public offering which is expected to be completed by June as it seeks to [...]
Ethiopian Airlines signs agreement to help create Ghana’s national Airline
Africa’s most profitable air carrier, Ethiopian Airlines, has signed an agreement with the Ghanaian government to establish a national airline in Accra, Ghana. The proposed airline will be a joint [...]
South African Reserve Bank wants to test a digital currency backed by the rand
Most Central banks across the have always been protective of the current monetary system arguing that stability is a top priority, which has made them rather cautious about emerging solutions [...]London Stock Exchange celebrates 66 Kenyan companies in Companies to Inspire Africa
The London Stock Exchange Group publishes an annual ‘Companies to Inspire Africa’ report a list of leading and high-growth potential private companies in Africa. The report aims to raise [...]Coca-Cola To Maintain Majority Stake In CCBA
Coca-Cola Company has announced that it will maintain its majority stake in Coca-Cola Beverages Africa for the foreseeable future. With the change, Coca-Cola will begin presenting the financial statements of [...]
Kigali Ranked 2nd Most Popular Destination in Africa for International Events
Kigali is the second most popular destination in Africa for international meetings and events; this is according to the International Congress and Convention Association. It jumped one position up from [...]South Africa's competition regulator rejects Naspers Acquisition of WeBuyCars
The Competition Commission South Africa has rejected the acquisition of WeBuyCars Ltd by MIH eCommerce Holdings Ltd, an entity of the Naspers Group. MIH eCommerce, an investment holding company, wanted [...]WorldRemit partners with Wegagen Bank to offer digital money transfer service in Ethiopia
Ethiopian medium-sized lender Wegagen Bank has entered into a partnership with global money transfer firm WorldRemit to offer digital money transfer service to Ethiopian customers. The partnership will target more [...]Microsoft Sets up Sh100B African Development Centre in Nairobi and Lagos
LISTEN TO ARTICLE Microsoft has invested in a $100 million Africa Development Centre (ADC) in Nairobi and another site in Lagos which will be a hub of Microsoft engineers to [...]Jumia reports impressive topline growth in Q1
NYSE listed e-commerce platform Jumia Technologies has announced its financial results for the quarter ended March 31, 2019. The company reported a 12 % growth in revenue to 31.8 million [...]Africa FinTech Sector to Grow by $3B By 2020 Report
A report by the Institute of Chartered Accountants in England and Wales (ICAEW) has predicted that the growth of African Financial Technology sector will be worth $3 billion by 2020 with [...]Coca-Cola appoints new GM for East Central Africa
Coca-Cola Central, East West Africa Ltd has appointed Phillipine Mtikitiki as General Manager, East Central Africa Franchise effective 1stJune 2019, based in Nairobi, Kenya. In her new role, [...]
