Hurricane Electric expands global network to East Africa Data Centre in Nairobi
Hurricane Electric, the IPv6-native Internet backbone has added a new Point of Presence (PoP) in Nairobi at the East Africa Data Centre. Located at the Sameer Industrial Park, Mombasa Road [...]
Ethiopian Airlines Voted Best Airline in Middle East Africa 2017
Ethiopian Airlines, the largest airline group in Africa, has been recognized as Middle East and Africa (MEA) Airline of the Year 2017 by Airline Economics, the largest aviation finance and [...]Coca-Cola AB InBev complete transition of majority ownership in Coca-Cola Beverages Africa
The Coca-Cola Company and Anheuser-Busch InBev (AB InBev) have announced that they have completed the transition of AB InBev’s majority interest in Coca-Cola Beverages Africa (CCBA). CCBA, the largest Coca-Cola [...]Ethiopia's Central Bank devalues currency by 15% to boost exports
The Central Bank of Ethiopia devalued the local currency, the Ethiopian birr by 15% in a move meant to boost the country's lagging exports. The devaluation pegs the Birr at [...]Andela receives $40M Funding from CRE Venture Capital
Andela, a company that assists other companies by providing them with top tier engineering teams through tapping Africa's most talented software developers announced that it had received a $40 million [...]Hilton to add 100 hotels in Africa Over Five Years; $50M Project
Hilton Worldwide Holdings Inc. says it has set aside $50 million to add 100 hotels to its chain in Africa over the next five years. The model of converting existing [...]African countries losing 5 per cent revenue to inefficient border procedures
Revenue losses from inefficient border procedures in some African countries are estimated to exceed 5% of the Gross Domestic Product, this is according to oundtable Conference on Trade Facilitation (TF) [...]Idris Mohammed Appointed MD of Carlyle Group Sub-Saharan African fund team
Global alternative asset manager The Carlyle Group has announced that Idris Mohammed has been appointed Managing Director on Carlyle’s Sub-Saharan African Fund team (CSSAF), effective immediately. Mr. Mohammed has more [...]Ethiopian Airlines fully digitalizes all its business processes
Ethiopian Airlines Group, the largest airline in Africa, is pleased to announce that it has fully digitalized all its business processes like aircraft maintenance and Flight Operations, Commercial Operations, Finance, [...]Energy Company Umeme Slides to a Half Year Loss
Ugandan energy company Umeme Limited released its results for the six month period ending 30 June 2017 that saw the company post a half year loss of Ushs. 56.7 billion [...]Microsoft Launches Africa's First Policy Innovation in Partnership with Strathmore University
As countries and industries across the world make the much-anticipated shift towards digital transformation, new and exciting advancements are underway. In a move that is set to further transform and [...]AfDB to Hold first ever East Africa Business Opportunities seminar In Nairobi
The African Development Bank (AfDB) is hosting its first ever Business Opportunities seminar (BOS) in East Africa in a bid to step up its partnership with the private sector. The [...]
