Most Recent News

OFID signs $50 million deal with Natixis to bolster trade in Africa

OFID – the OPEC Fund for International Development – has signed a $50 million unfunded risk-sharing agreement with Natixis., part of Groupe BPCE, France’s second-largest banking group. Under the agreement,.

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Angola Cables, Broadband Infraco sign deal to improve internet connectivity in Africa

Multinational telecoms company Angola Cables has signed a Memorandum of Understanding with Broadband Infraco. Broadband Infraco provides extensive regional long-distance network coverage and SADC connectivity. From a South African connectivity.

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China urges international community to support Horn of Africa

Chinese Permanent Representative to the United Nations Ma Zhaoxu on Wednesday called on the Security Council and international community to provide constructive assistance to the countries in the Horn of.

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Orange accelerates its multi-service operator strategy in Africa

Telecommunication company Orange has partnered with KaiOS Technologies to democratize access to digital services in Africa. Beginning 2019, Orange customers in Africa will have access to a new category of.

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Ecobank, Red Cross partner in digital fund raising initiatives across Africa

Ecobank and the International Federation of Red Cross and Red Crescent Societies (IFRC) have signed an agreement to work closely together to empower local communities to cope with disasters more.

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Vantage backed companies win prestigious awards

Vumatel and Tsebo, two companies funded by Vantage Capital, were recognized as the best medium-size and large-size private equity-backed South African growth champions respectively, at the inaugural South African Private.

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Experian launches data solution targeting businesses across Africa

Global information services company Experian has launched a powerful new analytics solution across Africa, Middle East and Europe, regions to help businesses make faster, more reliable and better-informed decisions. Experian.

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Boomplay and Universal Music Group announce landmark distribution partnership in Africa

Boomplay, Africa’s leading music streaming and download service and Universal Music Group (UMG), the world leader in music-based entertainment have announced the signing of a landmark licensing agreement covering multiple.

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Samsung opens its largest retail store in Africa in Nairobi

Samsung Electronics has opened a new interactive store at Two Rivers Mall in Nairobi bringing to 29, the total number of Samsung Experience Stores across the country. The store is.

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China has brought more development to Africa than any other partner – AU

African Union Member States have expressed concern at what they termed as the bashing of Chinese Cooperation with Africa from some sectors of the media and some western countries. The.

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