Lessons for Kenya from JSE's Derivatives Market
Derivatives markets can facilitate the management of financial risk exposure so as to allow investors to reduce and transfer financial risk. South Africa's derivatives markets was established to improve the [...]
Startups to access more funding after ABAN and AfriLabs launch Catalyst
ABAN and AfriLabs recently launched Catalyst, a new investment solutions platform for startups in Africa. The platform will increase the pool of funds available for growth-stage entrepreneurs, and increase their [...]Failed Tax Negotiations Stall the Uganda-Tanzania Oil Pipeline
Works on the 1445-kilometre pipeline from Uganda to Tanzania have been suspended by Total S.A after it failed to buy a stake in Tullow Oil’s oil fields in Uganda. This [...]Smart cities are Africa's key to global competitiveness.
From an inward point of view, Africa's cities seem to have the most challenges. From endless traffic jams in Nairobi, to slow internet network in Addis Ababa. While the continent [...]Tanzania to build $265 million 3.2km Bridge on Lake Victoria
Tanzania has signed a deal to construct a 3.2km long bridge on Lake Victoria, a project that will cost approximately $265 million. The bridge, which will be built over the [...]Ethiopia's national telco to roll out mobile money
The Ethiopian Telecom company Ethio has announced plans to roll out mobile services as part of its 3-year strategic plan. The firm's main revenue stream has been the provision of [...]Nigerian logistics firm Kobo360 ventures into East Africa
Nigerian e-logistics start-up Kobo360 has made its first physical expansion into East Africa by opening offices in Kenya and Uganda. Kenya through the port of Mombasa is a gateway [...]
Nairobi set to host COMESA’s Sixth Annual Research meeting
COMESA (Common Markets for Eastern and Southern Africa) sixth Annual Research forum has been scheduled for 2nd September to 6th September 2019, at the Nairobi Safari Club Hotel. Through this [...]SEACOM ready to power the next wave of enterprise connectivity across Africa
SEACOM landed 10 years ago as the first undersea cable to provide internet services in Africa. This was after a 2-year construction project that cost more than $500 Million (KSh51.5 [...]Huawei installs facial recognition CCTVs to fight crime in Uganda
Huawei is rolling out facial recognition cameras in Uganda to help fight crime. According to Reuters, the company is planning to install 3200 CCTVs in Uganda as part of its [...]Nigerian Stock Exchange derivatives market partners with JP Morgan
The Nigerian Stock Exchange has recently announced a collaboration with JP Morgan Chase with the aim to facilitate an in-depth capacity building program in the derivatives market. According to the [...]FBI arrest Nigerian Businessman for alleged $ 11 million fraud.
The Federal Bureau of Investigations arrested Obinwanne Okeke for conspiracy to commit fraud worth Kshs 1.1 billion ($11 million) in an online phishing scam. The arrest reveals the gravity of [...]
