Year 9 | Edition 17 | 20 May 2022 |
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Incentro announced the signing of a strategic partnership with Monday.com, awarding Incentro the ability to deliver training, consultancy and service of monday.com’s work OS to the African market.
The Israeli based monday.com has a wide global network of organizations that take advantage of its collaborative tools. In conjunction with Incentro’s expertise in Google Cloud, Google Workspace and Chrome Enterprise, there’s a vast combined knowledge and experience to further drive digital transformation in the Europe, Middle East, and Africa...
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Panasonic Marketing Middle East & Africa (PMMAF) restated its commitment to MEA market expansion and consumer wellbeing at its regional convention, that unveiled the brand’s new global motto - “Live Your Best”.
The new slogan embodies Panasonic’s commitment to providing solutions that make life simpler, safer, healthier, and more enjoyable for the customers helping them to live their best. Meanwhile, the brand will focus on expanding its...
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In line with its effort to support digital transformation and the development of smart cities, Schneider Electric, the leader in the digital transformation of energy management and automation, signs a memorandum of understanding (MoU) with Tatweer Misr, a leading real estate developer in Egypt, to integrate technological innovation, starting from the design till the smart management phase of the project.
The partnership will allow the pioneering developer to utilize the iTWO platform, established by Schneider Electric’s RIB Software, as one of the market’s most efficient solutions to manage their real estate projects. This agreement positions...
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Skaleet, an international fintech providing a next-generation Core Banking Platform (CBP), has partnered with Mobiblanc, an Agile Digital Services Entreprise (ESN), to offer turnkey solutions to financial institutions across Africa.
The partnership will ensure that financial institutions have the capacities to launch new digital and innovative financial solutions that they can provide to their customers, whether businesses or individuals. Mobiblanc, based in Morocco and Tunisia, is a leading player in North and West African...
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IFC is partnering with Egyptian pharmaceutical producer, Rameda, to support the company's strategy to green its operations and improve its production efficiencies in order to boost the company's productivity.
Through the partnership, IFC will help Rameda adopt solutions that reduce its carbon and water footprints and improve efficiencies in materials and resource usage. As a growth-focused enterprise that produces a wide range of...
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The Republic of South Sudan has signed a Memorandum of Understanding (MoU) with regional neighbor Ethiopia for the purchase of 100 MW of electricity over the next three years. With plans to gradually increase imports to 400 MW, the MoU is key to meeting electricity demand in South Sudan, while increasing revenue for Ethiopia.
As per the terms of the agreement, the first step of the power purchase plan will entail a feasibility study conducted by both countries in the next year. In the two years following the study, Ethiopia and South Sudan will initially construct a 357...
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Naspers, through its early-stage tech investment vehicle Naspers Foundry, announced a R40 million ($2.5 million) investment in Nile, an agritech company that connects farmers to buyers of fresh produce.
The investment is part of a R83 million equity round led by Naspers Foundry, alongside new investors, Platform Investment Partners, Raba Capital and Base Capital. The transaction marks Naspers Foundry’s tenth investment since its launch in 2019 and forms part of Naspers’s R1.4 billion...
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Newly-established development agency Financial Sector Deepening Ethiopia (FSD Ethiopia) was officially launched at the Hyatt Regency Hotel, Addis Ababa, Ethiopia. With funding from UKAid and the Bill & Melinda Gates Foundation, FSD Ethiopia will build on FSD Africa’s initial efforts to strengthen the country’s financial sector.
About 120 guests attended the launch of FSD Ethiopia, including representatives from the Bill & Melinda Gates Foundation, the UK government’s Foreign, Commonwealth & Development Office (FCDO), Ethiopian Investment Holdings...
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To support the growth of Angola's entrepreneurial ecosystem, IFC partnered with Acelera Angola, a leading Angolan incubator and accelerator, to help the company expand, support innovative tech startups, and drive inclusive economic growth in the country.
Under the partnership, IFC will work with startups attending Acelera's incubator programs, including those in the digital tech, financial services, agribusiness, health, and tourism sectors, helping them access markets and attract...
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The pan-African strategic, financial & communications advisory firm ACT Afrique Group announced the appointment of Papa Oumar Syr Diagne as Director, Head of Financial Advisory by decision of April 15 2022.
Born in Dakar, Papa is a citizen of Senegal and Canada. He holds a Bachelor’s degree in Finance from OMNES Education (formerly INSEEC U.) and is a candidate for the MBA 2022 at the African Leadership University School of Business (ALUSB). Papa started his career in the Strategic Partnerships team of...
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Yiling Pharmaceutical, a company that develops, manufactures, and sells Chinese patent medicine, announced it has received the medicine approval document for Lianhua Qingwen Capsules from the National Agency for Food and Drug Administration and Control (NAFDAC), Nigeria. The Product Category is Herbal and Nutraceuticals.
Lianhua Qingwen is one of Yiling's leading products. As a drug included in China's national essential medicines list and the catalog of medicines covered by China's national medical insurance system, Lianhua Qingwen has been selected for...
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The European Bank for Reconstruction and Development (EBRD) is facilitating access to finance for Tunisian Laboratoires Teriak, through a risk-sharing facility with Attijari bank Tunisia.
This collaboration underscores the EBRD and Attijari bank Tunisia’s commitment to supporting Tunisian companies through the partnership they established in 2020. It also reaffirms the importance of companies to Attijari bank Tunisia’s development strategy. Under the EBRD’s Risk...
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B.TECH, Egypt's omnichannel consumer electronics retailer, signed a memorandum of understanding with Fawry, to expand the Partnership between the two companies and provide more services to their customers to avail easier access to finance.
The MoU was signed by Dr Mahmoud Khattab, Chairman and Managing Director of B.TECH and Mr Ashraf Sabri, CEO of Fawry. Commenting on the Partnership, Dr Mahmoud Khattab, Chairman and Managing Director of B.TECH, said: "We are...
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Unicaf is an online and blended learning higher education platform that is dedicated to making higher education of international standard accessible, by offering scholarship opportunities to professionals and young school leavers.
What are scholarship opportunities?
A scholarship could be defined as financial aid that relieves the burden of tuition fees and living costs that students and families have to pay to secure a place in secondary and tertiary education. Considering the rising costs of student expenses and debts, we could nowadays describe education...
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The Africa Trade Expo (TATE) presents direct access to African buyers whose main aim is to source the latest products, establish partnerships, and conclude import/export deals. TATE is an ongoing virtual trade show for African businesses to network, collaborate, and enter into partnerships with international manufacturers and exporters. Present your new opportunities, network, build relationships and grow your business in African markets...
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Future Foods is a virtual meeting place for importers, F&B managers, retail category buyers, owner-operators, agents, and distributors from across Africa’s diverse and booming market to come to conferences, to network, meet exhibitors, source products, new ingredients, retail shelf-ready products, and the latest processing, packaging, and logistics solutions. Future Foods connects attendees exhibitors across the...
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With more and more businesses moving into the e-commerce space, it's increasingly becoming essential to curve a way for your online business to stand out and thrive among competitors. One of the surest ways to get leads for your online business is digital marketing.
Digital marketing is the art of promoting your products and services online. For a campaign to be considered successful, it has to have leads that convert into sales, boost brand awareness, and, over time, create customer loyalty, among...
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Despite being one of the single largest industries globally, the property and real estate sector, both locally and abroad, have remained well behind the technology curve.
Estimated to be worth some $330 trillion, the global property and real estate industry dwarfs the international oil and gas sector, and is substantially larger than the entirety of most countries stock markets. While property is arguably the world's biggest store of wealth, it has remained almost entirely untouched by the technological revolution and wholesale...
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Subscription services have grown tremendously in the last two years in South Africa and will continue to do so. The local subscription economy is expected to grow 14 percent each year to exceed USD$820 million in 2025. Given the expected growth, the opportunities are immense says Andrew Springate, CEO of tech and financial gateway service provider PAYM8.
The pandemic, left little option for consumers but to turn to online solutions that offered seamless access to products and services when they were otherwise unavailable. In the process, they gained more confidence in online and...
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Securing meaningful, sustainable growth in Africa requires a precise skillset with an airtight strategy, the right product fit with a tailored understanding of the market, and crucially, forward-looking leadership.
On the back of two high profile customer wins in the financial services sector. Accelerated digital transformation presents exciting new opportunities for growth that are finally being shaped by and for African people and reflects on the five...
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Since the start-up of the Kuito Field by supermajor, Chevron in water depths of approximately 400 meters, the Republic of Angola has developed into one of southern Africa’s leading regional deepwater players.
Hydrocarbon reserves found in water depths ranging from 300 meters to 1,200 meters far surpass those located on the country’s continental shelf. In fact, Angola’s oil production, which registered at 1.13 million barrels per day (bpd) as of March 2022, is derived almost entirely from the offshore...
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Oil and Gas has been a pillar supporting the Nigerian economy for a very long time. Rich in this natural resource, Nigeria may be guilty of neglecting other promising sectors, like Agriculture and even Insurance.
With lands as fertile as can be, the food inflation in country today could be avoidable – food prices are said to have risen to over 18% in the month of April alone. As a direct result of this hike in food prices, the World Bank predicts a substantial surge in diasporan remittances this year. There is a parallel...
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The last couple of years and months have been quite interesting for tech in Africa with tech giants like Google, Visa and Microsoft announcing some investments in Kenya. Google announced plans to open its first product development centre in the continent in Nairobi, Kenya.
Visa opened its first African Innovation Studio in Kenya to service Sub-Saharan Africa while Microsoft officially opened its African Development Center in the country. Oracle has joined this bandwagon and this week it made an interesting...
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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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