Most Recent News

International Acquisition Of Local Firms Profit Kenyan Entrepreneurs

Recent acquisition of Kenyan companies by foreign multinationals will provide multi-billion-dollar windfalls for local entrepreneurs, experts reveal. Findings suggests that several billionaire entrepreneurs are selling their stakes in local companies.

Africa’s oldest ruler, Mugabe sworn in as Zimbabwean president

Veteran leader Robert Mugabe was sworn in as Zimbabwe’s president for another five-year term before a stadium packed with thousands of jubilant supporters Thursday. Mugabe, 89, pledged “to observe, uphold.

Facebook wants more Africans online

An initiative to bring internet access to the “next five billion” people has been launched by Facebook founder Mark Zuckerberg. The social network has teamed up with Ericsson, MediaTek, Nokia,.

Egypt court orders former president Hosni Mubarak released on bail

An Egyptian court has ordered the release on bail of former President Hosni Mubarak in a corruption case. Reports suggest he may be freed from jail on Thursday – but.

Mandela social network aims to spread Madiba inspiration

Nelson Mandela has countless streets named after him, his own foundation, his own fan page and now his own social network. The website mandela.is allows users, called “citizens”, to connect,.

Central Africa Coup Leader Sworn In As President

Former rebel leader Michel Djotodia was sworn in as president of the Central African Republic on Sunday, five months after seizing power in the violence-wracked country. The former French colony’s.

Oil and gas executives gather in Mozambique to discuss potential of resource-rich Africa

Oil and gas industry executives from across Africa are meeting in Mozambique this week to discuss challenges and opportunities on the resource-rich continent. The website of the event, called Oil.

Africa’s Top 20 Tech Influencers

Africa’s technology landscape is vast and growing. It is ripe for expansion and is increasingly becoming an attractive environment for companies (local and international) to set up shop and invest..

Financial Flows To Nigeria And Other African Countries To Hit $203.9 Billion In December

Financial flows to Nigeria and other African countries through external sources are projected to increase by 9.5 percent to a new record of $203.9 billion by end of 2013, compared.