ECA to Offer $130K Grants to 15 Climate African Researchers
Economic Commission of Africa will award one-year research grants to 15 African climate researchers of up to $130,000 in a bid to accelerate and support climate science research in the [...]
BitPesa's Founder Elected by WEF to Co-Chair the Global Blockchain Council
Elizabeth Rossiello, Chief Executive and founder of BitPesa, has been appointed by the World Economic Forum to be one of the two co-chairs of the Global Blockchain Council. The appointment [...]
Ethiopia to Host World Economic Forum in Africa Next Year
Ethiopia will host World Economic Forum next year, 7 years after it accommodated the prestigious event in May 2012.The WEF is a major annual event that is attended by political [...]
Treasury Extends Exemption for CBA in Connection with the Acquisition of Shares in Crane Bank Rwanda to June 2019
Commercial Bank of Africa has been extended the exemption to regularise its ownership of Crane Bank Rwanda, which it acquired in February 2018 for $96 million. National Treasury and Planning [...]Three African Innovators win $600K each for their Sustainability Projects
BBOXX, which has presence in Kenya and regional market, Tanzania-based Sanku, and South Africa's African Leadership Academy are among five global innovators that took home $600,000 after emerging winers in this [...]South Africa Steps Up to Help Zimbabwe Clear its $16.9 billion Debt
South Africa has agreed to assist its neighbour Zimbabwe clear its mounting debt. According to a Bloomberg, the leading economy in Southern Africa has offered to use its influence with [...]Rwanda’s Bralirwa to Start Brewing Heineken Brand Locally
Bralirwa will start producing Heineken, a move that improve the retail prices and boost sales of the beer in Africa. The Rwanda’s largest beer manufacturer will brew the local Heineken [...]Uganda Arrests, Deports Two MTN Uganda's Staff over National Security' Concerns
MTN Uganda has issued a statement regarding the arrests and deportation of its two staff, even as it reiterates the firm “remains fully committed to operating within and respecting the [...]Moody's Confirms MTN Group's Ba1 Ratings; Negative Outlook
Moody's Investors Service has confirmed MTN Group Limited's Ba1 corporate family rating (CFR), Ba1-PD probability of default rating (PDR) and the Aa3.za national scale corporate family rating. Moody's has also [...]Kenya’s South Lokichar Basin by Tullow Oil among top 10 Developments that will Shape Africa’s Energy Sector in 2019
Kenya’s South Lokichar Basin by Tullow Oil, where Financial Investment Decision is expected before end of the year amidst rising tensions with the Turkana local community, has been named as [...]Societe Generale and Absa Partner to Provide Shared Banking Services Across Africa
Societe Generale and Absa Group Limited have announced the signing of a Memorandum of Understanding to roll out a commercial agreement and expand their activities through the development of a [...]IMF: sub-Saharan Africa World’s Fastest Growing Economies in 2019
International Monetary Fund has ranked sub-Saharan African region among the fastest-growing economies in 2019 like it did in 2018, with an overall economic growth of 3.8 per cent, which is [...]
