It has long been known that e-health has tremendous potential to make the delivery of healthcare in Africa more efficient. It is now becoming clear that this will be in the diagnostics space.
Africa’s largest fiber network will be formed as Liquid Telecom buys South African converged network operator Neotel.
Debt capital markets across Africa’s sub-regions have remained robust despite the macroeconomic and political challenges presented.
Little Cab, the ride-hailing app backed by telecoms operator Safaricom, is slowly giving Uber a run for its money in Kenya.
Between 2010 and 2016 H1, there were 167 reported private equity deals in East Africa totaling $1.4 billion.
Traditionally, investments from the Arabian Gulf into Africa have focused on North Africa, owing partly to closer cultural ties and the Gulf’s focus on western markets. This scenario is slowly changing and so too are the pan-African investment strategies of Gulf investors.
The Kenyan writer has been a favorite to win for years. This year, according to gambling site Ladbrokes, the odds were 4-to-1 in Ngugi’s favor, with Haruki Murakami second at 7-to-1, and Don DeLillo at 12-to-1.
A music video released this month by Luket Ministries, an Oklahoma missionary group working in Uganda, features five white women in traditional Ugandan dresses dancing with plastic jerry cans, knocking back deworming tablets, and eating sukuma wiki, or kale, with their hands.
The advent of the internet and technology has changed the world. With over 70% of Africa’s population under 30, the continent has one of the youngest populations in the world.
Visa Inc., the world’s largest payments network, introduced a mobile-phone application to enable cashless transactions in Kenya, where the majority of wireless payments are being done through the nation’s biggest telecommunications company, Safaricom Ltd.
With the ink just dry on the BON Hotel Addis Ababa contract, BON Hotels, a hospitality company that owns, manages and markets hotels throughout South Africa and the rest of the continent, has taken on a second property in East Africa.
Retail in Kenya is dominated by informal sellers, but recent years have seen a boom in modern trade, with home-grown supermarket chains expanding their footprint and international brands (such as Carrefour and Massmart’s Game banner) entering the market.
Sub-Saharan Africa is a diverse region that presents risks, challenges and opportunities for the insurance industry. No “one-size-fits-all” approach is likely to succeed across individual markets and countries.
Visualizations of Real GDP Growth Rates of Countries in Africa (Interactive Map & Chart) from 2007 – 2017.
The last mapping exercise done by the World Bank in September 2015 listed less than 120 tech hubs in Africa. As of July 2016, GSMA’s research suggests there are 314 active tech hubs in Africa.
A new development-finance venture that will control banking and other assets worth more than $660 million across sub-Saharan Africa plans to hire as many as 20 people including analysts to manage its investments and help it spend another $300 million on acquisitions.
We are at an inflection point in terms of the structural evolution of most African economies. Decisions made and actions taken now will determine, which of these economies consolidate the gains made over the past decade as a platform for sustainable growth in coming decades.
At the end of 2015, 46% of the population in Africa subscribed to mobile services, equivalent to more than half a billion people. The region’s three dominant markets – Egypt, Nigeria and South Africa – together accounted for around a third of the region’s total subscriber base.
My name is Ebi Atawodi and I am the General Manager of Uber in Nigeria. We launched Uber in Nigeria in 2014. We are just under two years old now which I think is quite a feat for a Nigerian business!
ALTX Africa launched a new financial exchange in Uganda on Wednesday that will allow investors to trade in small lots, boosting access to financial markets, its chief executive said.
MTN’s new chief executive Rob Shuter has been brought in to boost profits at Africa’s biggest mobile phone group after a $1.7 billion fine in Nigeria, by persuading its 200 million clients to use their handsets to store money and pay bills.
FastJet has hired Nico Bezuidenhout, CEO of Mango Airlines, South African Airways’ low cost unit, as CEO to help revive the U.K. discount airline following a plunge in its share price and an escalating spat with a top investor.
Kenya and Tanzania have long competed to have the most important port in East Africa and their rivalry is about to become more intense as they compete for the region’s business.
While Uber continues its push into Africa the company is making allowances to local markets and testing unique service models users wouldn’t see in other parts of the globe.
Alon Lits, General Manager, Sub-Saharan Africa, Uber Ride-hailing company Uber said Thursday that it plans to start operating in the capitals of…
The future looks bright for air travel across Africa. It’s predicted that by 2034, 190 million more flights segments will be flown across the continent.
The Ivory Coast is Africa’s fastest growing economy, according to the IMF’s latest World Economic Outlook. The West African nation’s GDP is expected to grow by 8.5% this year.
Ringier Africa and One Africa Media (OAM) have agreed to merge their pan-African Classifieds assets to create and grow Africa’s largest classifieds group.
United Bank for Africa (UBA) plans to increase its presence in Africa outside Nigeria to 25 countries from 18 now and inject capital into its subsidiaries in Kenya, Tanzania and Uganda, its chairman said on Tuesday.
Olatorera Oniru is one of Nigeria’s most assiduous and ambitious young entrepreneurs. The 29 year-old lady is the founder of Dressmeoutlet.com, a Lagos-based e-commerce startup that retails fashion products sourced from across the globe.
A construction boom in Kenya has fueled a rise in commercial truck sales for market leader General Motors, which is investing $7.9 million in 2016 to upgrade its assembly plant in Nairobi and more than double output, a senior executive said on Thursday.
Nigerian Internet provider Ntel is seeking more than $1 billion to invest in 4G mobile broadband by 2020 as the owner of the former state landline company seeks to take advantage of a rising number of smartphone users in Africa’s most populous country.
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.
Kenya recently signed a multi-billion dollar agreement with China Communications Construction Company (CCCC) to extend the country’s rail network, adding to a swathe of infrastructure deals in Africa won by Chinese firms.