The Nigerian Exchange (NGX), and the Bank of Industry (BOI), signed a Memorandum of Understanding (MoU) to deepen capital market reach, build the capacity of stakeholders through financial literacy programs, facilitate market advocacy initiatives and promote listings.

The MoU will have NGX, and BOI collaborate on driving capital market solutions through the promotion of retail participation and listings, enhancing information flow to stakeholders and supporting market development that further deepens capital...

MTN Cameroon announced the adoption of a new data analytics and AI platform to drive its digital transformation plans. The new solution unifies and correlates mobile operator and subscriber data into a single 360-degree view and enables real-time decisioning with LigaData’s Data Fabric and Flare products.

MTN Cameroon becomes the thirteenth MTN Operating Company to implement the innovative technology solution with the support of strategic data partner LigaData. The business looks to build on the success of its fellow OpCos, offering...

The Central  Bank Of Somalia (CBS), announced it has given approval to Egypt’s Banque Misr and Turkiye’s Ziraat Katilim to establish and operate branches in the country, after fulfilling all bank licensing requirements of the CBS.

Abdirahman Mohamed Abdullahi, Governor, CBS: ''After an extensive process, we are happy that the Board has approved the licensing application of Ziraat Katilim Bank and Banque Misr. They are both solid banks that will add value to the development of Somalia’s financial sector and contribute to...

Global broking business, Brokerslink, has expanded its global network in Africa with an addition of four new independent broking affiliates across the continent from Burkina Faso, Gabon, Sierra Leone and Niger, as well as Pan-African asset valuation expert, Roux Afrique.

The four new broker affiliates, each representing high-quality broking expertise in their respective countries and beyond, are: La Grande Agence (LGA), headquartered in Burkina Faso, LGA uses its local expertise and over two decades of...

Visa, a world leader in digital payments, announced today that it is partnering with Flocash, FT Africa’s fastest growing fintech 2022, to promote digital capabilities for African SMEs through digital payments, supplier solutions and access to financial services.

The first step in this partnership is the launch of Flostore, powered by a Visa digital wallet and the Flocash pan -African payment platform, which can help small businesses accept digital payments, manage supplies and access financial...

Klasha Inc, a San Francisco and Lagos-based technology company transforming cross-border African commerce, announces the appointment of Nile Younis as Chief Commercial Officer. 

Nile will be based in Dubai, and joins Klasha after a successful 10-year career at Mastercard, where he created leading go-to-market strategies across the MEA (“Middle East Africa”) region for real-time and multi-rail payments interoperability. Most recently, Nile was the P&L business owner responsible for...

Bboxx has partnered with Solar Sister, a clean energy and women’s empowerment network operating in several African markets, to implement and accelerate the provision of solar energy to off-grid areas across Nigeria.

Solar Sister has been active across Sub-Saharan Africa since 2010 and opened its first Nigerian office in Lagos in 2014. Since then, they have reached over 500,000 Nigerians in rural areas, providing them with access to clean energy and cookstoves. They recruit, train and support female...

Autochek, the Nigerian automotive startup has accelerated its expansion to Francophone Africa after acquiring CoinAfrique for an undisclosed amount.

CoinAfrique is the leading platform for classified ads in French-speaking Africa, and this acquisition will see Autocheck penetrate its auto financing services in Senegal, Côte d’Ivoire and other French-speaking African countries. Founded in 2016 by Matthias Papet and Eric Genetre, with a presence in Côte d’Ivoire, Senegal and 10 other French-speaking African...

The Nigeria Sovereign Investment Authority (NSIA), has partnered with Vitol, a Dutch energy and commodity trading company, to establish a joint venture to invest in a range of high integrity, socially impactful, carbon avoidance and removals projects.

NSIA and Vitol have agreed to make an initial commitment of $50 million to this new venture, that will invest exclusively in projects in Nigeria, partnering with local NGOs which have a proven track record of successfully delivering high-quality...

Infor has appointed Kerry Koutsikos as Vice President and General Manager for the Middle East and Africa region. Koutsikos will drive Infor’s business growth and strategy in the region and ensure customer success through agile delivery of Infor’s industry-specific cloud solutions.

“We are excited to welcome Kerry to our Middle East & Africa operation,” said Wolfgang Kobek, Infor Executive Vice President and General Manager for EMEA. “Kerry joins Infor at an exciting time in the region. Sectors including...

Kenyan-based AfyaRekod launched the fully automated Universal Patient Portal – a block-chain driven technology that will transform the face of patient care across Africa and the World.

Through a secure central platform (Rekod.com) patients and the medical professionals treating them will have real-time access to their health data and medical history not only ensuring effective ongoing medical management, but critical, timely information in an emergency. The brain-child of CEO...

CFAO Kenya, a subsidiary of CFAO group, has invested in OFGEN, a provider of solar PV installation for commercial and industrial use in East Africa, to contribute to power cost reduction and carbon neutrality.

CFAO Kenya has worked with OFGEN since 2018 to solarize CFAO Group owned premises within Kenya and Uganda. CFAO group will continue to leverage on OFGEN’s expertise in commercial solar PV installation to solarize all its business premises within the East African Region, in line with the...

mPharma, a pan-African healthcare technology company, has launched a new customer-centric product, Facility Insights, on its proprietary data management and pharmacy transformation tool, Bloom.

This product empowers Pharmacy owners with tailored data-driven pharmacy insights to solve operational problems and make more informed pharmacy management decisions. Facility Insights is now launched in 300+ pharmacies across Ghana, Nigeria, Zambia, Kenya, Malawi, and Rwanda, and is...

The European Union (EU), in collaboration with development finance institutions, has announced a $1.4 billion investment across a number of projects in Nigeria. With the aim of aiding Nigeria’s efforts in tackling climate change, the financing will support up to 60 projects across the agriculture, climate and digital fields.

“The funds will enable the country to achieve low carbon, resource efficient and climate resilient development, creating jobs for youth and economic growth,” according to EU ambassador to Nigeria and the Economic Community of...

Meta announced that it has built and open-sourced ‘No Language Left Behind’ NLLB-200, a single AI model that is the first to translate across 200 different languages, including 55 African languages with state-of-the-art results.

Meta is using the modelling techniques and learnings from the project to improve and extend translations on Facebook, Instagram, and Wikipedia. In an effort to develop high-quality machine translation capabilities for most of the world’s low-resource languages, this single AI model was designed with...

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..

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...

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...

Louis Ojong is the Founder and CEO of King Investment Group, a cameroonian who dedicated his life to change life of people through technology,education and financial services specifically loan access to small enterprises in Africa.

Could you tell us about your company?

King Investments Group is a company offering services in three subsidiairies; King Investment Finance - Micro Finance Institution ( Accounts, Loan Facilities and Money Transfers), King Software Technology – KISOTEC ( Build customized software application, builds websites and carry on ads on...

For the longest time, traditional banks required their customers to conduct all their transactions in person. And while the rise of ATMs did provide consumers with an alternative way of transacting, people still had to go out of their way to find these machines whenever they needed them.

Nowadays consumers can enjoy easy access to online banking services instead of having to go to a physical branch or an ATM. As such, many modern customers actively look for financial institutions that allow them to transact primarily...

The food price crisis of 2007 to 2008, Covid-19, the Russian war against Ukraine, and climate change have exposed the fragility of food systems. The greatest risk lies in refusing to learn from lessons of the past.

At the start of 2022, we were already facing the prospect of a food crisis. Even before the first Russian tank rolled across Ukraine’s borders on 24 February, food prices had tipped record highs as the world struggled to recover from Covid-19 to repair disrupted supply chains and soaring fuel and gas...

Africa has the youngest population in the world, representing an enormous opportunity for the continent’s growth and the opportunity to become leaders as global citizens – provided these energetic, creative young people can achieve their true potential.

In a region where millions of people remain excluded from basic amenities such as education, social and creative entrepreneurs are leading the way for positive transformation. Social and creative enterprises offer a route to self...

Business leaders are engaged in a delicate balancing act as radical workforce changes, new customer demands, external pressures and the impact of the pandemic collide to create a multitude of new challenges and opportunities.

Corporate leaders are having to balance traditional business objectives such as revenue and profit with the demands of the modern economy that include building a healthy company culture, playing a positive role in society and being a good...

The past few years have been a wake-up call to businesses to speed up their digital transformation efforts and more quickly adopt the technologies needed to deal with disruption.  Business leaders today are digitising with haste, seeking to enhance products and services, future-proof their businesses, drive innovation, and improve customer experiences.

While governments in West Africa strive to undo the damage wrought by the pandemic and implement policies to boost economic growth in the region, business leaders have their hands full dealing with widespread uncertainty and...

The East African Community recently unveiled the Regional Bioeconomy Strategy 2021/22-2031. The strategy will offer an opportunity for Partners States to achieve their individual aspirations, making use of the region’s abundant natural resources, including underutilized agricultural waste materials, to produce value-added products with applications in many sectors including food, health, energy and industrial goods.

Among the key interventions proposed in the strategy is the creation of new forms of sustainable bioenergy, and the conversion of waste materials to useful products. The strategy further seeks to ensure the transformation of economies and...