Year 7 | Edition 5 | 25 February 2020 |
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The 59 MW wind farm built by Siemens Gamesa will almost double the Djibouti’s current installed power generation capacity; Project will help reduce the cost of electricity, increase energy independence and decrease the country’s CO2 emissions; First Siemens Gamesa project with the participation of an African investor.
Energy access rates and reliability in Africa are the lowest in the world and electricity costs are among the highest. In line with its commitment to deliver cleaner, more reliable and...
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Dangote Group has in the last five years invested over N63bn in the South East with the purchase of over 3,500 units of locally assembled Shacman trucks at the production plant of Anambra Motor Manufacturing Company (ANAMMCO), Enugu.
The order was delivered over a period of five years after Dangote Group signed an agreement with Transit Support Services (TSS), a subsidiary of ABC Transport PLC. The partnership started in 2016 with an initial order of 350...
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Mars, the global manufacturer of confectionery, pet food, and other food products has partnered with CARE, a leading humanitarian organization fighting global poverty, to promote women’s social and economic empowerment in cocoa-growing communities in Côte d’Ivoire and Ghana.
CARE and Mars Wrigley are building on the success and learnings of their Village Savings and Loans Association (VSLA) initiative with an investment of $10m to aid them to...
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TanChoice, a meat processing firm in Tanzania is set to commence operation of its new meat processing plant in April this year. The new plant worth $10m will have capacity to slaughter and process 1,000 herds of cattle and 4,500 goats and sheep per day using high tech equipment.
Being an Export Processing Zones Authority (EPZA) project is set to create over 500 jobs both directly and indirectly once it starts operating and will strategically help the livestock sector graduate and unlock the challenges of commercialising it...
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Uganda’s economy needs to gradually create more jobs for its fast-growing and youth population; to accelerate economic growth and drive transformation, these jobs will need to bring higher labor productivity, says a new World Bank report.
The report, “Uganda: Jobs Strategy for Inclusive Growth,” identifies ten challenges to achieving this, including slowing trends in economic growth. Labor force growth is quickening, urbanization is sluggish, as is the transition from...
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Airtel recently reported the financial results of its African operations, for the period ending December 2019. Here key insights from the numbers:
Airtel’s African operations have crossed the 100m subscriber mark; Airtel is the fourth pan-African operator to hit that milestone, after MTN, Orange, and the Vodafone group units (incl. Vodacom and Safaricom). Subscriber growth has been steady, averaging around 13% over the past two calendar years. Among pan-African groups, only MTN has...
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Retail lending in Kenya has taken a unique path. It has skipped some stages typical for developed markets and climbed to heights that can be admired and envied. Ironically, this happened not due to economical advantages but rather due to certain historical deficiencies.
As it happens in many developing markets at some point lots of people move from rural areas to big cities seeking better-payed jobs. These people as they earned money needed some way to transfer it to their families, often left in the villages...
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With customers spread across 10 countries, Pan-African cloud computing and ecommerce solutions provider Addicnet is redefining cloud computing landscape in the continent through its unique offerings. The CEO Freeman Addico explains.
Tell us abit about Addicnet and your role in it
Addicnet is a Pan-African Cloud computing and ecommerce solutions provider aiding African companies to deploy their operations on the cloud with stability, scalability, security, and efficiency...
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Africa Business Communities is conducting a series of interviews with startup businesses in Africa. Are you a startup in Africa and interested in an interview? Great! Send an e-mail to bas@africabusinesscommunities.com
These are some of the Startup Interviews that we have published in the past few months...
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News Headlines
23-04-2024 | 12:31:19
Ethiopian Airlines launches a new service to Warsaw, Poland
The new route, ET 764 from Addis Ababa to Warsaw via Athens, will operate on Mondays, Wednesdays, Fridays, and Sundays. Return flight ET 765 from Warsaw to Addis Ababa via Athens will on Mondays, Tuesdays, Thursdays, and Saturdays.
17-04-2024 | 07:10:00
The evolutionary journey of fruit slots in the gaming industry
Social media and collaborative gaming platforms added a new dimension to the gaming industry. Now players can share their successes, participate in tournaments, and challenge friends to competitions, adding elements of social interaction and competition.
04-04-2024 | 15:57:00
Nakonde Border Post upgrade boosts trade between Zambia and Tanzania
Funded by the UK government, the ZMK 197 million (£7.1 million) project will improve the flow of goods and people along the Dar es Salaam Corridor, promising to streamline operations and reduce cargo clearance times by more than 100% on both sides of the border.
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