44 African Govts Sign Agreement to Boost Intra-African Trade
About 44 of the 55 member states of the African Union have signed the largest free trade agreement since the introduction of the World Trade Organisation. The deal brings together [...]
BitPesa Introduces Its Services in Ghana
BitPesa, a payments and digital foreign exchange platform that is facilitating intra-African trade, has launched its operations in Ghana. BitPesa targets business customers operating in and across its key markets [...]Africa overtakes Japan Australia as the most preferred destination by Chinese travelers
Travelzoo, a global publisher of exclusive offers and experiences for members, is forecasting the largest popularity growth of Africa in 2018 among avid Chinese travelers, according to the results of [...]
Rwanda’s economy grew by 6.1% in 2017 exceeding projections
Rwanda’s economy grew by 6.1% in 2017 beating 5.2% projections set earlier. The growth is attributed to good performance in the fourth quarter which registered 10.5% growth, rebounding from the [...]Ethiopian Airlines launches five weekly flights to Argentina
Africa’s largest airline group, Ethiopian Airlines has started flying five times a week to Buenos Aires, Argentina. Buenos Aires is the world’s capital of Tango, home of centurion old buildings [...]South African Police Look Into $50M Scam by BTC Global
The South Africa Directorate for Priority Crime Investigation (Hawks) is looking into a possible Ponzi scheme that could have made away with $50 million. The scheme has affected more than [...]Yale Trains Rwandan Health Workers Through 7-Year Program
In 2012, Yale and other academic medical centres from the US joined the Human Resources for Health Program (HRH), under the Rwandan Ministry of Health, to improve the country’s medical [...]Airbnb Reports 100,000 African Listings in 2017 As It Targets Inclusive Sustainable Tourism
Airbnb, an American online hospitality marketplace, released a progress report at the end of 2017, including its ambitious goals. According to the report, Airbnb has 100,000 listings in Africa. There [...]EAVCA Report Indicates Positive Growth in East Africa's FinTech Sector
The East Africa Venture Capital Association (EAVCA) in conjunction with Financial Sector Deepening (FSD) Africa, FMO (Dutch Development Bank), and Intellecap have released a report that contains the study findings [...]Rwandan Student Develops WhatsApp Prototype for Making Offline Calls
Deodate Mugenzi, a 26-year-old third-year student from Integrated Polytechnic Regional Centre Rwanda has created a WhatsApp prototype that allows users to make offline calls. To do this, Mugenzi registers the [...]Helios Towers Set To Launch IPO Targeting Over $2bn
Helios Towers Plc is set to launch an initial public offering (IPO) in April 2018 seeking over $2 billion. The tower telco, one of the largest in the sub-Saharan region, [...]African banks are the 2nd fastest growing most profitable globally, McKinsey report
Africa’s overall banking market is the second-fastest-growing and second most profitable of any global region, and a hotbed of innovation according to a recently by The McKinsey Global Banking. According [...]
