Soweto Gospel Choir riding high after Grammy win

When the Soweto Gospel Choir was named as winner of the Grammy for Best World Music Album, it earned the ensemble a place in the...

Fintech platform TeamApt closes $5.5M series A round

TeamApt, a Nigerian fintech company that provides digital solutions and payment infrastructure for Africa, has closed on a $5.5M Series A round, led by...

Growth opportunities for African telecoms operators

While the telco industry may have seen its traditional revenue streams decline further in 2018, thanks in part to the popularity of over-the-top (OTT)...

80 Million Young People to Benefit from the Rise of Digital Commerce in Africa

The Mastercard Foundation in partnership with BFA today released Digital Commerce and Youth Employment in Africa, new research that shows 80 million young people...

Rwanda named most distinctive tourist destination

By Hudson Kuteesa Rwanda has won the most distinctive tourist award at Guangzhou International Travel Fair, one of the most popular travel events in China. Founded in 1993,...

Ethiopia’s infrastructure partnership with China boosts regional development

The China-built and operated Addis Ababa-Djibouti Standard Gauge Railway has contributed to Ethiopia and Djibouti's development. After its completion in October 2016, the railway...

East Africa must upgrade to ease power trade

Countries within the East African Power Pool must upgrade and harmonise their systems to allow electricity cross trading, said Uganda's Energy State Minister, Simon D’Ujanga. Speaking...

Nigeria sees stocks, bonds rise following presidential election

Nigeria’s stocks and bonds rose today after the conclusion of a presidential election over the weekend lifted a layer of political uncertainty in Africa’s biggest...

Hyundai opens its first East African assembly plant in Ethiopia

Hyundai, the South Korean Motor Company has opened its first factory in East Africa, a 10,000-a-year vehicle capacity assembly plant in Addis Ababa, Ethiopia. Former...

A South African tax budget for renewal and growth

"This is a budget that plants a seed for renewal and growth" said the South African Minister of Finance, Tito Mboweni, in his Budget...