Barclays Africa's Shareholders Endorse Change of Name to Absa Group in July
Barclays Africa Group Limited shareholders have approved the Group’s change of name to Absa Group Limited in July. Wendy Lucas-Bull, Chairman of Barclays Africa Group Ltd said: “The vote in [...]
Regulator Telecos in Uganda Hold Talks Over Impending Airtime Scratch Cards Ban
The Uganda Communications Commission (UCC) and telecom operators are in talks with regards to the upcoming ban on airtime scratch cards on June 30. UCC banned the sale of airtime [...]East African Community Should Exploit Trade Policies to Empower Women- UNCTAD
The United Nations has released a research report entitled East African Community Regional Integration: Trade and Gender Implications, where the United Nations Conference on Trade and Development (UNCTAD) analyses the [...]Ethiopian Airlines to launch 4 Weekly Flights Betw Manchester Addis Ababa
Ethiopian Airlines has confirmed it will operate a four weekly flights between the Capital of Addis Ababa and Manchester Airport. Ethiopian, which flies to more destinations in Africa than any [...]
Kenya Airways lowers costs on extra baggage on its Intra-Africa Flights
National Carrier, Kenya Airways will implement a new baggage policy that will entitle its guests to 20% discount on any extra bag purchases up to 24 hours to departure. The [...]World Bank VP for Africa Makhtar Diop assumes Global role
After six years as the World Bank's Vice President for Africa, Makhtar Diop has been appointed as the World Bank’s Vice President for Infrastructure. The newly created Infrastructure Vice Presidency [...]Kenya Nigeria Ranked as the Leading Agri-Tech Markets in Africa
Kenya and Nigeria have taken first place as the leading agri-tech markets on the continent while Ghana has come third according to Disrupt Africa’s report. The three countries hold a [...]Remittances to Low Middle-Income Countries Increased by 8.5% in 2017- World Bank
According to the World Bank’s recent Migration and Development Brief, remittance to low and middle-income countries bounced back to a record level in 2017 after two successive years of decline. [...]Vivo Energy Lists on the London Stock Exchange with a Valuation of £1.98 billion
Vivo Energy, a leading retailer and marketer of Shell-branded fuels and lubricants in Africa, has listed on the London Stock Exchange raising £548 million from the sale of existing shares [...]Ethiopian Airlines Signs Agreement to Acquire 10 new Q400 aircraft
Ethiopian Airlines and Bombardier Commercial Aircraft concluded a firm order for 10 new Q400 aircraft on Friday, April 27, 2018. The order also includes purchase rights for 5 additional Q400 [...]Barclays Africa Raises $400m in International Bond Sale ahead of rebrand to ABSA
Barclays Africa Group Limited, to be renamed Absa Group Limited, has successfully raised US$400 million in capital for the business in what was the Group’s first dollar-denominated bond sale in [...]Econet Zimbabwe gets license to ventute into solar Energy
Econet Wireless Zimbabwe has received a solar license to produce power to meet its electricity needs at its Willowvale offices in Harare. Willowvale complex is Econet’s hub for its switching [...]
