News

$1.2 million for Ethiopia-Sudan railway study by the AfDB.

$1.2 million for Ethiopia-Sudan railway study by the AfDB.

The African Development Bank’s Board of Directors has approved a $1.2million grant to Ethiopia’s government to finance a feasibility study for construction of a standard-gauge rai…...

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Nigeria’s Access Bank injects $9m into Rwandan subsidiary

Nigeria’s Access Bank injects $9m into Rwandan subsidiary

Nigeria’s largest retail bank, Access Bank Plc, has more than doubled its investment in its Rwandan subsidiary after acquiring Kenya’s Transnational Bank four months ago.Access …...

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MACmobile Launches ‘Live’ Streaming Of Data Platform For Kenyan Retailers

MACmobile Launches ‘Live’ Streaming Of Data Platform For Kenyan Retailers

Supply chain software company MACmobile has launched a new platform that can support “live” streaming of formal market retail “sales out” data from till points as well as map t…...

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Africa’s Top 100 Brands 2020

Africa’s Top 100 Brands 2020

In the midst of the euphoric and successful staging of the first FIFA World Cup in Africa when internal pride and admiration of Africa was arguably at its highest, African brands al…...

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Ethiopia power plant gets USD 10 million boost

Ethiopia power plant gets USD 10 million boost

Ethiopia has taken a step towards its green energy target andopened the door to further private sector investment in geothermal energy, with a USD 10 million loan from a fund.The co…...

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Kenya’s Apollo Agriculture raises $6M Series A led by Anthemis

Kenya’s Apollo Agriculture raises $6M Series A led by Anthemis

Apollo Agriculture believes it can attain profits by helping Kenya’s smallholder farmers maximize theirs.That’s the mission of the Nairobi-based startup that raised $6 million in …...

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Sh60m tech plan to boost farmers’ fortunes

Sh60m tech plan to boost farmers’ fortunes

Small scale farmers will benefit from Sh60 million plan that seeks to help them increase their earnings.The funding from Apollo Agriculture, a financing and products platform empowe…...

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New IoT System Could Detect Future Virus Outbreaks

New IoT System Could Detect Future Virus Outbreaks

IoT sensors that monitor body temperature in real-time and are implemented at a large scale could provide geolocation data that would allow potential quarantine areas to be rapidly …...

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Technology is Africa's biggest undiscovered gold mine

Technology is Africa's biggest undiscovered gold mine

Technology has the potential to fundamentally transform societies. Information and Communications Technology (ICT) and broadband are becoming central to the societal developments ar…...

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Family Bank books 85pc rise in profit on improved lending

Family Bank books 85pc rise in profit on improved lending

Family Bank has recorded 85 per cent jump in net profit for the three months to March as removal of the rate cap in November 2019 unlocked interest income.The lender’s net profit g…...

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