Year 5 | Edition 15 | 14 June 2018
 
Angola: The road to economic reform

The dramatic drop in oil prices that started in mid-2014 substantially reduced tax revenues and exports, with growth coming to a halt and inflation accelerating sharply.

This brought to the fore the need to address vulnerabilities more forcefully and diversify the economy away from oil...



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[Africa Tech Week] Of blockchain baby and bridging digital divide

Technology has for another week been at the center of the continent’s most highlighted activities with both governments and private sector reaping from commitment to the sector.

Blockchain technology has featured predominantly as it continues to make impressive inroads in Africa...



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[Interview] Reuben Kimani, CEO, Username Investment, Kenya
Reuben Kimani is an engineer, ICT professional and currently  the CEO of Kenyan Real Estate company, Username Investment.

Could you introduce your company?

Username Investment is a real estate company in Kenya that was formed in 2013 and provides affordable land and homes to the current and upcoming generation...


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Freshworks expands to South Africa

Freshworks Inc, a provider of cloud-based business software, has announced an aggressive growth strategy to propel the ambitious expansion of its evolving South African footprint...



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[Column] Mohamed Madkour: What will drive Africa’s digital economy?

Access to technology changes people’s lives, improves business and drives economic growth – that much is a fact of life. Universal access to Internet connectivity is even being punted as a basic human right...



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Niger ratifies agreement on African Continental Free Trade Area
The Chairperson of the African Union (AU) Commission, Moussa Faki Mahamat, has received from the Permanent Representative of the Republic of Niger to the AU the instrument of ratification...


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[Nigeria Business Week] Collaborations birth opportunities
The forming and maintaining of strategic, mutually beneficial partnerships is pertinent to the development of any economy, especially a growing one like Nigeria. It says something of the country’s...


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Salah Goss to lead Mastercard Labs for Financial Inclusion in Kenya

Mastercard has announced that Salah Goss has been appointed as Head of the Mastercard Labs for Financial Inclusion, based in Nairobi, Kenya. Salah brings extensive experience in financial inclusion...



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[Column] Flora Mutahi Illicit trade is a national disaster

Illicit trade and counterfeit goods will be the biggest impediments to Kenya achieving its economic goals. To state simply that illicit trade affects mainly businesses and government revenue, is to understate the extent to...



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Ethiopia opens telecoms and national airline to foreign investors
Ethiopia is opening the state-owned telecommunications company and airline to foreign investors for the first time, a move that indicates new Prime Minister Abiy Ahmed is more receptive to outside interests in Africa’s second-most populous nation...


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[Interview] Geofrey Ndobo, Business Development Manager, PPG, Uganda
Geofrey Makavelli Ndobo is Sales & Marketing Manager at People Performance Group, a consulting, outsourcing and Human Resources company based in Kampala, Uganda.

What does your company do?

People Performance Group gives expert advice in Recruitment, Search and Selection, Psychometric Testing, Team Building, Training, Staff Outsourcing, and Facility and Fleet Management...


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[South Africa] Vodacom in $1.3 billion ownership transaction deal
Vodacom Group, its existing BEE partners and a newly formed staff scheme have announced a broad-based BEE transaction of up to R17.5 billion that will see the BEE partners exchange their current shareholding...


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[Kenya Business Week] Energizing investor relations
Kenya this week continues to strategically place itself to benefit from regional integration and reap from its warm relationship with development partners and international investors...


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AfriLabs admits 40 new hubs across Africa
AfriLabs, a network of technology and innovation hubs across Africa has admitted 40 new hubs; its largest hub admission to date into its network making it a total of 100 hubs across 30 African countries...


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[Startup Interview] Melkisedek Ausiku, founder, LEFA, Namibia
Melkisedek Ausiku is founder of Namibia based startup cab hailing app service, LEFA. Africa Business Communities interviews him:

Please introduce your company

LEFA is an on-demand cab hailing mobile application that connects clients to cab drivers through a mobile application system. The word “lefa” is derived from the Oshiwambo word for lift. LEFA allows clients to request a cab/shuttle with the touch of a button in the app, thereby eliminating the need to make calls to that purpose...


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[Nigeria Business Week] Collaborations birth opportunities
The forming and maintaining of strategic, mutually beneficial partnerships is pertinent to the development of any economy, especially a growing one like Nigeria. It says something of the country’s economic promise a corporation like Microsoft is collaborating with one of the oldest Nigerian banks, First Bank, to further Small and Medium sized Enterprises...


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Blockchain transforms antenatal care in Tanzania

In a significant milestone for mobile technology and healthcare access, the first baby “born on the blockchain” is due to be delivered in Tanzania. The announcement comes after a trial-initiative called...



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BBM signs Eskimi as exclusive mobile advertising partner in Nigeria

Ugandan innovation wins Africa Prize for Engineering Innovation

[Kenya] Nzomo Mutuku appointed CEO of Retirement Benefits Authority

Techno and Microsoft launch agriculture platform for African farmers

Volkswagen South Africa hits a million mark in engine production





 

Upskilling, Gig Economy become ways to fight youth unemployment in SA

[South Africa] e4 launches BondTracker app

AfDB approves $15m equity investment in agri-business in Africa

South African Reserve Bank to launch Nelson Mandela banknotes

Commonwealth introduces African countries to new debt management tech


 

CGG completes Mozambique multi client survey in Zambezi Delta

[DR Congo] BBOXX to connect 2.5 million citizens to renewable energy

[South Africa] Exemplar REITail makes its debut on the JSE

Djibouti's international investment projects spark economic boom

Daniel Ohonde appointed CEO of Africa Enterprise Challenge Fund



 

[Angola] Emirates increases Luanda- Dubai flights to five a week

[Mali] African Gold Group commences drilling program at Kobada

NAS and RwandAir partner to provide premier lounge services

Afreximbank has invested $17 billion in Nigeria to date

Kenya calls for tough action on SIM registration within EAC


 

TFhost nominated for Four NiRA awards categories

SNV, partners in new E. Africa climate smart agriculture programme

Cabo Verde Telecom and EllaLink ink fibre connectivity deal

[Burkina Faso] Kwese TV and Furnmart in distribution deal

Africa Code Week targets 600,000 youth with digital skills

 
 
Francophone Africa Business Forum | 19 June 2018 | The Hague
Over 150 agri-entrepreneurs from Francophone Africa will attend the FAB Forum, on June 19th in The Hague. They are coming to The Netherlands to do business with you - looking for expertise, equipment, seeds, cold stores and agri-inputs, to name a few...


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Africa Oil & Gas Industry Professionals wanted for the Africa Business Panel

The oil and gas industry is experiencing a strong resurgence occasioned by rising prices and booming business. This has necessitated market research on the sector trends...



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Africa Business Communities Networking Event | Kampala | 26 June 2018

Africa Business Communities will be coming to Uganda. This is an excellent opportunity to meet and network! Join us for this free networking event in Kampala. Please note: space is limited - this is an invitation-only event...



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Africa Business Communities Networking Event | Nairobi | 3 July 2018

Africa Business Communities will be coming to Kenya. This is an excellent opportunity to meet and network! Join us for this free networking event in  Nairobi...



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Africa Trade and Investment Global Summit 2018
Organized by GAA Exhibitions & Conferences, the 2018 ATIGS edition will gather key economic players from more than 70 countries including government delegations, high-profile African leaders, project developers and international investors on June 24, 25 and 26, 2018 in Washington, DC...


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African CEO's wanted for interviews!
Africa Business Communities is conducting a series of interviews with African CEO's and CEO's of companies doing business in Africa...


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Join any of our 180 Africa LinkedIn Groups

Africa Business Communities manages 180 LinkedIn Groups. These groups cover every country and every industry on the continent.

Please feel free to join any of these groups and be part of the African conversation...



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Editors: Linda Larbie, Afia Owusu-Nyantakyi, Andrea Ayemoba

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