Tigo, Tanzania’s leading digital lifestyle company, has since last year donated more than 2,400 desks worth over US$ 105,000 to needy primary schools in the country in a sustainable exercise that is meant to alleviate the serious shortage of desks in the country’s schools. Two thousand, four hundred desks are able to comfortably accommodate over
Category: Regions
State-of-the-art abattoir opens in Somalia
Export abattoir built by nine Ethiopian Diasporas in Somali State has gone operational. The abattoir, whose capital investment is 172 million Birr, has the capacity to slaughter 2,000 cattle per day. The abattoir was inaugurated by Livestock and Fisheries State Minister, Gebregziabher Gebreyohannes (PhD) and President of Somali State, Abdi Mohammed. According to Gebregziabher, power
Gulf to Africa, G2A, a New Groundbreaking Cable System
Omantel, the national operator of Oman and the leading wholesale carrier in the Middle East, today announced the signing of the supply agreement with Xtera Communications, Inc. (NASDAQ: XCOM), a leading provider of high-capacity, cost-effective optical transport solutions, for building yet another unique submarine cable to strengthen its position in the region and beyond. The
East Africa Launches New Travel Document
The new digitalised and machine-readable East African Passport replaces the old EAC travel document, which was restricted to just the five member states. Apparently, the proposed new one is going to be as international as the current Tanzanian booklet passport, which means it will be accepted all over the globe. Arusha will be hosted five
Pharmaceuticals industry in Africa: Ethiopia takes the lead
Ethiopia now provides major incentives for local and foreign companies that plan to enter the pharmaceutical industry. The benefits range from giving precedence to local companies in government procurement to offering an advance payment for up to 30% of the value of the orders. Pharmaceutical companies based in Ethiopia also enjoy tax-free loans for up
Visa Expands footprint in Francophone Africa to accelerate digital Payments
Visa Inc., a global payment company, announced its intention to open an office in Côte d’Ivoire to reinforce its position as a leading payments technology company and to help bringing the benefits of electronic payments to the economy and a broader range of consumers and merchants across the region. Visa is currently in the process
African safari aboard a houseboat
There’s nothing quite like taking in spectacular scenery and wildlife from a floating hotel. That is what it is like to holiday on board the two houseboats plying Lake Jozini in northern KwaZulu-Natal, near the Swaziland border. Apparently they are the first in the country. The lake is stocked with tiger fish, the prized African
Maputo: The City on the Rise
With a population of more than 1 million, the port city of Maputo is one of the world’s most expensive cities to live in. It can also be one of the most beautiful to behold. Maputo shares the same name with the province and is situated along the Indian Ocean to the eastern side, bordering
400 Kigali smart buses in connected to 4G Internet
Rwanda is moving fast into the age of the internet. As part of the broad Smart Kigali initiative, more than 400 buses have been connected to 4G Internet connection, which will allow passengers on board have full access to free super-fast internet. Some 487 buses belonging to Kigali Bus Services, Royal Express and Rwanda Federation
Botswana Leather Industry Offers Excellent Opportunities
Botswana is strategically located in the heart of the Southern African Development Community (SADC) − a region with more than 250 million people. Underpinned by good governance and a zero-tolerance to corruption, it is one of the most stable and investor-friendly economies in Africa. Although its economy has been anchored on resource endowments, particularly diamonds,
Proflight Zambia commences new route to Kafue
The wonders of Zambia’s largest national park – Kafue – will be more accessible thanks to the new route launched by Proflight Zambia. News of the new service to the remote Busanga Plains was enthusiastically received with travellers expressing their delight at the opportunity to fly to the park rather than undertake the long journey by
Zambia launches e-Visa
The Zambia Tourism Board has launched the e-Visa facility at a function held at Mulungushi International Conference Centre in Lusaka which was presided by the Minister of Home Affairs. The e-Visa facility is open to all foreign nationals who require visas to come to Zambia and can be accessed through the web portal http://e-Visa.zambiaimmigration.gov.zm Applicants
Carrefour Makes Its Kenya Debut
The French multinational retailer, Carrefour opened its doors to Kenyan consumers in October this year. This is Carrefour’s first venture into Sub Saharan Africa although it has a store in Egypt. Massmart, another multinational retailer whose biggest shareholder is Walmart, opened in Nairobi through its Game subsidiary recently. “There is a rise in high-end consumer demand in the country
Nigeria’s Mining Sector: NEXIM Bank to Collaborate with the World Bank
The Managing Director of the Nigerian Export-Import Bank, Roberts Ungwaga Orya, received a team from the World Bank led by Dr. Francisco Igualada, Senior Mining Specialist, Energy & Extractives Unit, and Mr. Linus Adie Utsu of Mining Investments Consult that visited the Bank to share ideas on how to provide structured intervention towards revamping and
Dubai Chamber to open two more offices in Africa in 2016
The rising trade between Dubai and Africa has prompted the Dubai Chamber of Commerce to announce the opening of two new offices in Africa in 2016. The two offices will be in Nairobi (Kenya) and Maputo (Mozambique) and should be fully operational in the first quarter of 2016. The Dubai Chamber of Commerce already has
Islamic Corporation for the Development of the Private Sector joins pan-African Africa Finance & Investment Forum
The ICD, the private sector arm of the Islamic Development Bank, which participates in equity capital and grant loans for productive projects and enterprises besides providing financial assistance to member countries in other forms for economic and social development, will share its financial approach to developing sustainable private sector growth at the Africa Finance &