Tuesday, December 10, 2019

Mauritius gets first mobile payment solution

Honourable Pravind Jugnauth, Prime Minister of Mauritius, launched the nation's first national mobile payment solution. Based on the proven Tap & Go payment service...

Botswana records positive FDI inflows

According to Botswana's minister for investment, trade and industry, Bogolo Kenewendo, the country recorded positive foreign direct investment inflows in the past fiscal year. She said a...

Kenya ships its first crude oil export

With a shipment of 200,000 barrels of crude oil Kenya has recorded its first ever crude oil export. Described as a "special moment" by President...

e-Logistics Start-up Kobo360 secures $30M funding

Kobo360, the digital technology platform disrupting African third-party logistics, today announced the completion of a $20M Series A equity round led by Goldman Sachs,...

Mergers and acquisitions deal value rises in Africa in the first...

There was a sharp increase in the value of total mergers and acquisitions (M&A) deals in Africa in the first half of 2019 (H1...

Malawi’s economy to grow by 5% in 2019 – Central Bank

Malawi's economy which is heavily dependent on agriculture, is set to grow by 5% this year, up from 4% the previous year and in...

Africa defies global slump as foreign direct investment rises

According to UNCTAD’s World Investment Report 2019 Africa defied global slump as its foreign direct investment rose by 11% from the previous year, as flows to the...

Top 5 countries leading East Africa’s Growth

According to the East Africa Economic Outlook 2019 by the African Development Bank (AfDB), East Africa’s real GDP grew last year by an estimated...