Facebook's 2Africa Undersea Cable Set to be the Longest Upon Completion
Facebook backed undersea cable, dubbed the 2Africa cable, is set to the the longest in the world upon completion, with the firm saying the cable will now extend to [...]
United Airlines Signs Codeshare Agreement with South Africa's Airlink Limited
United Airlines has signed a codeshare agreement with South Africa's Airlink Limited, expanding its reach to southern African destinations like Madagascar, Mozambique and Victoria Falls. The deal adds connections to [...]Tala Announces KSh1 Million Grant for MSMEs
Digital Lender, Tala has announced lans to provide a KSh1 million grant to support Micro, Small and Medium Enterprises (MSMEs) that have been adversely affected by the global coronavirus pandemic. [...]China Bans All Crypto Transactions, Declares Them Illegal
China’s central bank has banned all financial transactions involving cryptocurrencies, declaring all of them, including bitcoin, illegal. The notice bans all related financial activities involving cryptocurrencies, such as trading crypto, [...]Airtel WorldRemit Partner for Customers to Receive Cash from 129 Countries for Free
Airtel has partnered with WorldRemit to allow its subscribers to receive money from 129 countries across the world, a move aimed at boosting the telco’s efforts to increase its share [...]Rolls Royce's All-Electric Airplane Takes to the Skies
Rolls Royce's all electric airplane, dubbed the Spirit of Innovation', took to the skies propelled by its 400kW (500+hp) electric powertrain with the most power-dense battery pack ever assembled for [...]Microsoft Announces $60 billion share buy back Plan
American technology company Microsoft Corp has announced a share buyback program worth up to $60 billion, while raising its quarterly dividend by 11%. The tech giant said the buyback program [...]
Singapore Lifts Ban on Boeing 737 Max
Singapore has lifted the flight ban on Boeing 737 Max, allowing it to return to service more than two years after the plane was grounded in March 2019 following two [...]Global 5G Phone Shipments to Reach 570 Million Units in 2021
The global market for 5G phones is projected to grow to 570 million units in 2021, from 255 million units shipped in 2020, according to the International Data Corporation (IDC). [...]
Telkom Kenya Plans on another Undersea Cable
Telkom Kenya has announced plans to invest in another submarine fibre optic cable system that seeks to connect Kenya with Asia and Europe. The cable has key landing points in [...]Bamburi Cement Plc Half-Year Net Earnings rise 7.6% to KSh 776 Million
Bamburi Cement Plc posted a net profit of KSh 776 Million for the first six months ending 30th June 2021, compared to KSh 721 Million over the same period in [...]
World Bank Halts Financial Aid to Afghanistan
The World Bank has halted funding for projects in Afghanistan, citing concerns that the Taliban takeover will impact its development prospects, especially for women. Since 2002 the Bank has committed [...]
