Gemalto Awarded Uganda’s New e-Immigration Solution with Fast-track Border Crossing eKiosks at Entebbe Airport
Gemalto, in cooperation with local partner SCINTL, has been awarded the contract for the supply of a Border Management System, including airport self-service eKiosks, at Entebbe, creating a faster and [...]
Uganda’s SolarNow Raises $9M for Deployment of its Off-Grid Solar System
Uganda-based SolarNow has entered into a $9 million debt deal with its long-term financier SunFunder and co-lenders OikoCredit, to raise funds for off-grid solar systems deployment in the country. The [...]
Alterfin Buys Equity Investment in Musoni Services
Alterfin has announced an equity investment into Musoni Services, a banking software for microfinance organisations by Musoni, as it seeks to accelerate its rapid growth and expand into new markets. [...]Iflix Sells its African-focused Platform to Econet
Iflix has sold off its African-focused service, Kwesé iflix, to Econet. Before acquiring the service, the global telecoms company had a major stake in it and played a central role [...]Kenya is the Fastest Growing Nation Brands Globally
Kenya has improved his image globally, securing position 72 with a brand rating of A+, a survey by UK-based Brand Finance has shown. In the annual report of the most [...]French-based Cerba HealthCare to take over Operations at Lancet Laboratories
Cerba HealthCare will take control of Lancet Laboratories after announcing a joint venture to “strengthen provision of effective, evidence-based healthcare across Africa”. Lancet Laboratories, a medical lab services provider with [...]AfDB to Raise $7B from Capital Markets for its African Investments
The African Development Bank is set to raise US$7.24 billion from capital markets after the board approved its 2019 borrowing program. The Bank accesses many capital markets and majorly borrows [...]Catalyst Principal Partners Acquires Mattress Manufacturers in Kenya, Uganda, and Malawi
Catalyst Principal Partners has entered into a deal with top three mattress manufacturers in Kenya, Uganda and Malawi in a move to acquire Superfoam Limited, Euroflex Limited and Vitafoam Limited [...]Rwanda will Connect Heavy Industries with Electricity at no Cost
Rwandan government will connect heavy industries with electricity at no cost as it seeks to ease the cost of setting up businesses in the country. This is a major reprieve [...]The Design for African Passport to be Unveiled in February AU
The move to introduce a common passport that will grant visa-free access to all African countries inched closer with an announcement that African Union will present its recommendations during its [...]Tanzanian-based Jamii Africa Raises $1M in Q3 as Interest in InsurTech Firms Soars Globally
Jamii Africa, a Tanzanian insurance technology firm, received $1 million funding during Q3 of the year as it seeks to accelerate it business across its market of operation, and venture [...]StanChart Kenya Appoints Kariuki Ngari as CEO and MD
Standard Chartered Bank Kenya Limited has announced the appointment of Kariuki Ngari as its new Chief Executive Officer and Managing Director effective first quarter of 2019. Mr Ngari will replace [...]
