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Pizza Hut Enters Ethiopia in Latest Expansion Into Africa

Pizza Hut Enters Ethiopia in Latest Expansion Into Africa

Pizza Hut is set to open three outlets in Ethiopia this year, becoming one of the first international restaurant chains to enter Africa’s second-most populous country.

Airbnb Aims to Double Growth in Africa This Year

Airbnb aims to double growth in Africa this year to reach 1.5 million customers

Airbnb expects to maintain its rapid growth in Africa this year and double its customer numbers to 1.5 million,.

Cyril Collon, General Partner, Partech Ventures

African tech startups raise record-breaking $370M in 2016: Partech Ventures (Infographic)

At Partech Ventures, we have been tracking for the past 3 years the dynamics of African tech investment, to better understand the investment landscape on the continent.

Bob Collymore, CEO, Safaricom

Safaricom's M-PESA has Kenya's government worried what happens in the event of a crash (Infographic)

At the time of M-Pesa’s launch in 2007, few could have conceived the mobile money service would be as ubiquitous and deeply entrenched in the lives of millions of Kenyans as it is today.

Africa's banker of tomorrow

Armed with fintech and fueled by data: Africa's banker of tomorrow

Markets in Shanghai closed up today on news that the Chinese bullet train manufacturer Fujian Corp won the contract to connect Casablanca to Abidjan.

Volkswagen moves into Kenya & Rwanda in Africa expansion

Volkswagen moves into Kenya & Rwanda in Africa expansion

Volkswagen on Wednesday opened a new assembly plant in Kenya and launched plans for a ride-sharing service in Rwanda as it seeks to take advantage of surging car demand in Africa.

She Leads Africa runs networking events in Lagos and Abuja, as well as Accra, Nairobi and Johannesburg. Credit: FT

African start-up helps and inspires young female entrepreneurs

In Zambia, one of their blogs is the undisputed arbiter of style. In South Africa, one of their apps is the gateway to private beaches and pop-up dining.

Volkswagen Polo Vivo

Volkswagen expands Africa strategy with Kenya car assembly plant

Volkswagen continues to drive forward with the regionalization of the global automotive business. The brand is planning to start production of the Polo Vivo in Kenya at the end of 2016.

Jumia staff in Lagos, Nigeria

The web startups looking to cash in on 1 billion African consumers (Photos)

It is a cliched image. Passengers lined up at the check-in desk for various flights back to African capitals, trolleys overloaded and suitcases straining at the weight limit.

Rob Shuter, incoming CEO, MTN Group

South Africa's MTN names Vodafone Europe Head Rob Shuter as CEO

South African mobile phone operator MTN Group named the head of Vodafone Europe as its new CEO on Monday, bringing in an outsider with a risk-management background 10 days after it agreed to pay a $1.7 billion fine in Nigeria.

Stephane Richard, Chairman and CEO of Orange

French telco giant Orange to invest $85 million in Nigerian e-commerce group Africa Internet Group

French telecommunications company Orange is to invest 75 million euro ($85 million) in Nigerian e-commerce group Africa Internet Group (AIG) and become a shareholder, the two companies said on Tuesday.

Two Rivers, Nairobi, Kenya (Illustration)

Africa: A land of opportunity for property investors

UAE investors have been urged to follow in the footsteps of the Majid Al Futtaim Group and the Landmark Group by pursuing property opportunities in East Africa.

Aliko Dangote, President and Chief Executive Officer of Dangote Group and Co-Chair of the World Economic Forum (WEF) Annual Meeting 2014, speaks during a session at the WEF in Davos January 22, 2014.

Africa's richest man Dangote makes bid to acquire controlling stake of Peugeot Nigeria

Aliko Dangote, Africa’s richest man, has teamed up with two Nigerian states to bid for a majority stake in Peugeot Automobile Nigeria (PAN) Limited, a local joint venture with the French automaker, the governor of Kaduna State said on Thursday.

Oba Esigie of Benin (1504-1550 BC) was the first King of Benin who ascended the throne with the title Esigie in about 1504.

Benin City: The mighty medieval capital now lost without trace (Photos)

With its mathematical layout and earthworks longer than the Great Wall of China, Benin City was one of the best planned cities in the world when London was a place of ‘thievery and murder’.

The Legend Hotel (Illustration); which will be located within the Murtala Muhammed International Airport boundaries in Lagos, Nigeria; will feature 54 guest rooms, including eight suites. Credit: Curio - A Collection by Hilton/estateintel.com

Curio - A Collection by Hilton makes its Africa debut at Nigeria's Murtala Muhammed International Airport

Hilton Worldwide has reached an agreement with Quits Hospitality Ltd to open the first property under the Curio – A Collection by Hilton brand in Africa.

AIG is the company behind Africa's largest e-commerce company Jumia

Goldman Sachs & MTN to invest $245M in Nigerian e-commerce firm Africa Internet Group (AIG)

Africa Internet Group (AIG) has secured €225 million ($245 million) in funding from investors including US bank Goldman Sachs, South African telecoms giant MTN and German startup incubator Rocket Internet.

Mark Essien, Founder & CEO, Hotels.ng

Meet Mark Essien, Founder & CEO of Nigeria's Hotels.ng (Video)

Hotels.ng‘s CEO Mark Essien founded the Nigeria-based online hotel booking company in 2013, after completing Master’s and Bachelor’s degrees in Computer Science and Engineering in Germany.

Nigerian businesses target 100% mobile-first market

Nigerian businesses target '100% mobile-first market' (Infographics)

In Nigeria, success for both tech start-ups and more conventional businesses such as banks and fast food restaurants means adapting to the age of what entrepreneurs have dubbed the “100 per cent mobile-first market”.

South Africa's MTN is the most admired brand in Africa

MTN, Samsung and Coca-Cola top list of most admired brands in Africa

Brand Africa has announced that MTN is the overall best brand in Africa and reclaimed the #1 spot as the Most Admired Brand in Africa at a gala launch of the 4th Annual Brand Africa 100: Africa’s Best Brands at Sandton Convention Center.

Africa expansion drives SABMiller, AB InBev mega-merger

Africa expansion drives SABMiller, AB InBev mega-merger

Access to African markets is a key driver in the planned mega-merger of brewing giants SAB Miller and AB InBev, according to industry insiders.

Macky Sall, President of Senegal

Senegal Plans New City to Ease Gridlock, Woo China Investors

On a plain dotted with rotund baobab tree trunks Senegal is planning its future. The government of the West African nation is laying the groundwork for a new city …

Workers harvest grapes by hand at a vineyard in South Africa. Photographer: Peter Titmuss/Universal Images Group via Getty Images

South Africa Promotes Expensive Wines to Boost Exports

South African wine makers are promoting higher-priced bottles to boost sales in established European markets and make inroads in the U.S. and Asia where they hardly have a presence, the head of a local industry organization said.

Safaricom opens up M-PESA API to other fintech applications

Safaricom opens up M-PESA API to other fintech applications

Safaricom, the mobile network operator behind M-PESA has released an Application Programming Interface (API) for all developers who want to create solutions tied directly into their payment systems.

Kenya’s David Rudisha is the current Olympic champion and world record holder in the 800 meters race. Credit: qz.com

Here's why Kenya keeps dominating the world of athletics

Kenya is on top of the world. As the world athletics championships wrapped up in Beijing on Sunday (August 30th), Kenyan athletes managed to top the overall winners table.

Africa’s richest man plans to almost double the continent’s cement production by 2020

Africa's richest man plans to almost double the continent's cement production by 2020 (Infographic)

Africa’s cement wars are heating up. Dangote Cement, owned by Africa’s richest man, Nigerian billionaire Aliko Dangote, has revealed its agreement with a Chinese construction company to build cement plants in 11 countries.

Volkswagen plant in Uitenhage, South Africa. Photographer: Henner Frankenfeld/Bloomberg

Volkswagen to Invest $340 Million in South African Car Business

Volkswagen AG, which is seeking to become the world’s largest automaker by 2018, is investing more than 4.5 billion rand ($340 million) in South Africa for new products and infrastructure.

Billionaire Aliko Dangote at Dangote Cement Plc's new plant in Ndola, Zambia. Photographer: Liezel Hill/Bloomberg

Cement is the new oil as Africa's richest man takes on Lafarge

Africa’s richest man is pushing to dominate its market for cement, the material at the heart of the continent’s infrastructure boom.

MallForAfrica

With a billion Africans set to shop online, a new wave of start-ups is looking to cash in (Infographics)

Africa’s middle class is rising and they have money to spend. About a third of the continent spends between $4 to $20 a day—a group that is expected to grow to 42% by 2060, according to data from the Africa Development Bank. That’s more than a billion people.

The real size of Africa compared to the US, India & China

Check out this simple, interactive tool that shows the real size of Africa compared to the US, India & China

Africa is massive; 30.22 million sq km, in fact. It can swallow up the whole of Europe, for instance. Africa is the second largest continent in the world.

Vodacom has 64 million subscribers and runs mobile networks in South Africa, Tanzania, the Democratic Republic of Congo, Mozambique and Lesotho. Photographer: Dean Hutton/Bloomberg

Naspers in talks With Vodacom to deliver video-on-demand services across Africa

Naspers Ltd. is in talks with wireless carrier Vodacom Group Ltd. about delivering video content to mobile devices across Africa as the media company seeks to compete with Netflix Inc. in offering movies and TV in the continent of 1 billion people.

Ford Ranger

Ford to start assembly in Nigeria

Ford Motor Company (F.N) will start assembling its best-selling Ford Ranger pickup truck in Nigeria by the fourth quarter, as it expands in Africa and the Middle East, the U.S. automaker said on Tuesday.

Walmart: From Arkansas to Lagos (AP Photo/Danny Johnston)

Walmart is planning to open retail outlets in Nigeria

Walmart, the world’s largest retailer by revenue, is in advanced talks to open big box stores in Lagos, Nigeria’s economic hub.

The Co-Creation Hub Nigeria (CcHUBNigeria) in Yaba, Lagos, Nigeria. Credit: techpoint.ng

Yabacon Valley: Nigeria tech startup enclave springs up in Lagos suburb

At first glance, Yaba is like many other parts of Nigeria’s sprawling commercial capital: a cacophony of car horns and shouting street vendors mingling with exhaust fumes.

Volkswagen brings car assembly back to Nigeria to tap Africa growth

Volkswagen brings car assembly back to Nigeria to tap Africa growth

Volkswagen AG resumed building vehicles in Nigeria for the first time in 25 years in a bid to foster sales growth in Africa.

Kenya's KenGen to add 450 MW to electric grid from renewables in three years

Kenya's KenGen to add 450 MW to electric grid from renewables in three years

Power producer Kenya Electricity Generating Company (KenGen) plans to add another 450 megawatts (MW) to the grid from wind and geothermal in the next three years at a cost of at least $710 million, its chief executive said on Wednesday.

South Africa is creating one of the world's most progressive alternative energy plans

South Africa is creating one of the world's most progressive alternative energy plans

The howling wind drives the turbines, their blades bent back from the force as they spin in the evening light and send electricity to local villages in South Africa’s Eastern Cape.

Quick facts about travel to Ethiopia

Check out these quick facts about travel to and from Ethiopia, courtesy of Jovago (Infographic)

Check out this infographic showing some quick facts about travel to and from Ethiopia, courtesy of Jovago.

Adibeli Nduka-Agwu, VP, Marketing & Content Operations, iROKO Partners. Credit: mccloys.org

Sexism, diapers and making it work in Lagos: Adibeli Nduka-Agwu, VP, iROKO Holdings

It was my first week in Lagos, squeezing in a workout at the hotel gym, when a pudgy business man I had met earlier entered and started staring.

Nigeria star Asisat Oshoala awarded BBC’s 2015 Women's Footballer of the Year.

Nigeria star Asisat Oshoala awarded BBC's 2015 Women's Footballer of the Year

Nigeria and Liverpool Ladies striker Asisat Oshoala has won the BBC Women’s Footballer of the Year award after a vote by fans around the world, the broadcaster announced on Tuesday.

James Mwangi, CEO, Equity Bank

Kenya's Equity Bank to expand to the DRC via acquisition in first step outside East Africa

Kenya’s Equity Bank Group plans to expand its operations into the Democratic Republic of Congo by acquiring a 79 percent stake in ProCredit Bank Congo, its chief executive officer said on Tuesday.

Safaricom completes migration of M-PESA platform to Kenya

Safaricom completes migration of M-PESA platform to Kenya and plans to open up M-PESA APIs

After two years of intercontinental conference calls, eight test runs, and countless hours put in by 320 consultants, Safaricom has successfully completed the migration of its M-PESA mobile money platform to its data center in Kenya.

Eko Atlantic City, Lagos, Nigeria (Illustration)

Nigeria will be among world's 20 largest economies by 2030 (Infographic)

Take a peek at the new world that awaits us. Get ready for a new economic order. In the world 15 years from now, the U.S. will be far less dominant, several emerging markets will catapult into prominence, and some of the largest European economies will be slipping behind.