Blockchain Spending In Africa Middle East to More than Double In 2018 ICD
International Data Corporation (IDC) has set spending on blockchain solutions in Africa and the Middle East to more than double in 2018. Forecasts from the Worldwide Semi-Annual Blockchain Spending Guide [...]
Barclays Africa to to change its name to Absa across the continent
Barclays Africa Group has announced its intention to change its name from Barclays Africa Group Limited to Absa Group Limited, subject to regulatory and shareholders’ approval. Today, we announce that [...]
Terrorists Use Businesses across East Africa to Fund Attacks, Says Report
Financial Intelligence Authority has released a report that shows terrorists are using a chain of local businesses across East Africa to fund attacks in the region. The National Risk Assessment [...]Flying Car Infrastructure Comes To Kenya
McFly.aero, a blockchain marketplace for urban air taxi, has started establishing infrastructure for flying cars in 23 cities across 13 countries such as Kenya, France, US, Ukraine, Russia, Sapin, Mexico, [...]Ethiopia is building the first Waste-to-Energy Plant in Africa
Ethiopia has planned to build a waste-to-energy plant that will transform Koshe dumpsite, the largest dumpsite in Addis Ababa, which killed 114 people last year during a landslide. The plant, [...]Bharti Airtel Plans to Take Its African Business Public
Bharti Airtel plans to make its African business public in order to reduce its debt. Bharti Airtel International (Netherlands) holds all Bharti Airtel’s African businesses. The company operates in 14 [...]Air Travel to Africa Middle East Grew By 10.5% In 2017
ForwardKeys, a company that analyses air travel using reservation data, has disclosed that air travel to Africa and the Middle East increased by 10.5 percent in 2017. The company also [...]Dangote Cement Revives London IPO Plans
Dangote Cement Plc, Africa’s leading cement producer, has revived Initial Public Offering (IPO) plans in London that could raise $1billion. According to a report by Bloomberg, anonymous sources said the [...]Microsoft celebrates graduation of Insiders4Good East Africa Fellows
20 East African entrepreneurs have graduated from the Insiders4Good programme after completing a six-month training programme. The Fellowship, which was launched by Microsoft in partnership with a network of local [...]Ethiopia Begins Construction of Africa's Biggest modern auto bus station
According to the Ethiopian Herald, Addis Ababa Transport Programs Coordination Council has began to construct a modern auto bus station which will be Africa’s biggest market hub. The project, estimated to cost [...]Report on East Africa's mega construction projects in 2017
East Africa – which includes Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Seychelles, Somalia, Tanzania and Uganda – has 71 projects valued at US$32.6bn according to a recent report by [...]Chinese State Owned XCMG opens its first African direct spare parts center in Kenya
Chinese multinational state-owned, heavy machinery manufacturing company XCMG has opened its first direct regional spare parts center in Kenya to serve business in East Africa. The Center is a collaboration with TISCO Construction [...]
