Ethiopian Airlines to resume flights to Eritrea after 20 years
Ethiopian Airlines has announced that it has finalized preparations to resume daily flights to Asmara, Eritrea on 17 July 2018 with the most technologically advanced commercial aircraft, the Boeing 787. [...]
Absa Introduces WhatsApp Banking to South Africa
Absa (formerly Barclays Africa) has introduced WhatsApp banking to South Africa, a social media banking strategy that will enable its customers to carry out instant transactions using the Absa Chat [...]
Barclays Africa officially relaunches as Absa Group
Barclays Africa Group has officially been renamed Absa Group Limited and started trading under its new name and new share code (ABG) on the Johannesburg Stock Exchange. The name change [...]Volkswagen Opens Operations in Rwanda
Volkswagen (VW) launched its operations in Rwanda last month at the Kigali Special Economic Zone where the first assembly plant will be located. The VW Rwandan operations will offer the [...]Ethiopian Djiboutian Govts to Build Oil Terminal in Djibouti Worth $220m
The Ethiopian and Djiboutian governments are set to build an oil terminal at the port of Djibouti according to the Reporter. The Djibouti Horizon Fuel Terminal’s capacity limitations to handle [...]French President Macron signs entrepreneurship pact focusing on Francophone countries
French President Emmanuel Macron is keenly advocating a new partnership with Africa, prioritizing the role of entrepreneurship in driving Africa’s renaissance, highlighting the importance of the private sector and most [...]Construction of Tanzania's Natural Gas Plant to Kick Off in 2022
The construction of the Liquefied Natural Gas (LNG) in Tanzania will kick off in 2022 according to the country's Energy Minister Dr Medard Kalemani. The plant will be established in [...]Museveni says Kenya stalling the oil refinery deal
Ugandan President Yoweri Museveni has asked Kenya to declare the holder of its $74 million (Ksh7.4 billion) stake in its proposed oil refinery ahead of the investment decision to be [...]Shelter Afrique MD Femi Adewole Resigns
Shelter Afrique’s Managing Director Femi Adewole has resigned. The Nigerian national reportedly left office on 30th June with Mr.Kingsley Muwowo formerly the CFO immediately taking over in acting capacity. Mr. [...]Hafez Ghanem Takes Over as World Bank’s Vice President for Africa
The World Bank has appointed Hafez Ghanem as the new World Bank Vice President for Africa, effective July 1. A development expert with over 30 years of experience, Ghanem will [...]Former Equity Bank Head of Finance John Staley Named New CEO of Atlas Mara
Atlas Mara, a financial services company headquartered in the British Virgin Islands, has appointed former Equity Bank Head of Finance, Innovation and Technology John Staley as the new CEO effective 1st [...]IFC, financial regulator of Egtypt in talks on green bonds guidelines
IFC, a member of the World Bank Group, and the Financial Regulatory Authority (FRA) of Egypt have launched a consultation process for guidelines to foster the development of the country’s [...]
