Newsfeeds Africa Business Communities

  1. Uganda Coffee growers and US roasters to create business linkages

    Although Uganda is the 8th largest coffee producer in the world and the top African exporter, its coffee is relatively unknown in the United States.
  2. European Investment Bank and AfDB collaborate to support private sector investment in Nigeria

    The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and agriculture investment in the country.
  3. Telecoms VAS market hits $200m in Nigeria

    The Value Added Services (VAS), segment of the telecom market in Nigeria has recorded the sum of $200 million revenue as at first quarter this year, Prof. Umar Danbatta, Executive Vice-Chairman of Nigerian Communications Commission (NCC) has said.
  4. Nigerian court stops sale of 9mobile after shareholders' motion

    The Nigerian High Court has stopped the sale of 9mobile following opposition to the deal by some shareholders of the company,
  5. African Development Bank, African Institute of Mathematics and Science to transform industry-led research in Africa

    The African Development Bank and the African Institute of Mathematics and Sciences (AIMS) have initiated a relationship aimed at building an industry-led research institution in the league of the Massachusetts Institute of Technology.
  6. Full monty expat packages in Africa no longer the norm as companies cut costs

    Despite the war for senior leadership talent on the African continent, the approach of luring top international executives with major perks in addition to their remuneration packages is in rapid decline, an expert says.
  7. Kenya's mSurvey Secures $3.5m Series A Investment

    mSurvey, the mobile-first consumer feedback platform for businesses and consumers in Africa, today announces a Series A round of USD$3.5m.
  8. Kenya Power mulls partnership with Kenya Association of Manufacturers to lower industrial energy costs

    Kenya Power has renewed its commitment to partner with the Kenya Association of Manufacturers, KAM, to carry out regular energy audits among manufacturers to maximize production efficiency.
  9. Emerging Africa Infrastructure Fund raises $385 million in new debt financing to drive five year business plan

    The Emerging Africa Infrastructure Fund, EAIF, managed by Investec Asset Management has successfully completed its latest fundraising round, raising $385million in new long-term debt capital to invest in Africa.
  10. Zimbabwe’s Golix expands to South Africa

    Zimbabwe’s cryptocurrency exchange, Golix, has coordinated a partnership withBlockstarters, South Africa’s blockchain hub and incubator, in a move that will see the exchange tapping into a new highly economic active market.