Pepkor Holdings Ltd, a South African retailer announced Monday that Chief Executive Leon Lourens will resign from the board on Sept. 30 as he intends to retire by March 31, …
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- Eastern AfricaEconomyEnergy
Kenya Power Accused Of Locking Out Local Manufacturers In Procurement Process
The Energy Meter Assemblers and Manufacturers Association is protesting being locked out of the procurement of power distribution products by energy utility firm Kenya Power. The Association in a letter …
- AfricaAFRICA NEWSBusinessEconomySouth AfricaSouthern Africa
Walmart launches offer to buy S.African retailer Massmart
U.S retail giant Walmart Inc has launched a 6.4 billion rand ($377.6 million) offer to buy the remaining shares of South African retailer, Massmart. They bought the initial 51% in 2011 …
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Nigeria signs deal with Turkish firm to increase energy supply
The Nigerian Bulk Electricity Trading (NBET) Plc says it has signed a partnership deal with Energy Exchange Istanbul (EXIST), a Turkish energy firm, to ramp up energy generation and supply. Over the …
- AfricaAFRICA NEWSBusinessEconomyEnergyTransportation & LogisiticsWestern Africa
Nigeria to begin manufacturing electric automobiles in 2023
Nigeria has entered into a partnership with Israeli and Japanese companies to commence assembling and manufacturing environmentally friendly, green, electric, and smart automobiles by 2023. The National Agency for Science …
- AfricaAFRICA NEWSBusinessEgyptNewsNigeriaNorth AfricaNorthern Africa
Egyptian agricultural exports hit 4.4 million tons in 2022
Egyptian agriculture exports from January to 24 August this year have amounted to around 4,491,099 tons, Minister of Agriculture El Sayed El-Qusseir has said. A report by Ahmed El-Attar, head …
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Egypt expands seawater desalination plants to face water stress
Egypt is expanding in building seawater desalination plants to face the water stress caused by climate change, said Deputy Minister of Housing Sayed Ismail in a meeting with the world …
- AfricaAFRICA NEWSAgricultureBusinessEconomyFood ProductionNewsNigeriaTechnologyWestern Africa
Nigerian government launches policy to aid agricultural development
The Federal Government of Nigeria has inaugurated a six-year national agricultural technology and innovation policy (NATIP) from 2022 to 2027 to enhance agribusiness in the country. This document was inaugurated by the …
- South AfricaSPORTSpotlight
Mamelodi Sundowns announces partnership with EA Sports, to feature in Fifa 23
Mamelodi Sundowns are proud to announce a historic new partnership with EA Sports which sees the club positioned as the only African team in the latest edition of the world-renowned …
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Truecaller for business add new features to aid productivity
Truecaller, a global platform for verifying contacts and blocking unwanted communication, has launched additional features on its Truecaller for Business. The features will enable branded, contextual videos to differentiate business …