Agriculture CS Peter Munya says the government has released Ksh 8 billion in order to finance the 4-week National Maize Flour Subsidy Programme announced Wednesday. The funds will allow millers …
Shareholders of one of Africa’s largest manufacturing companies, BUA Cement Plc, have approved dividends of N88.047billion for its financial year ended December 31, 2021, at N2:60k per ordinary share of 50k …
Sudo Africa, Nigerian fintech has appointed Farida Kabir as its new Head of Growth. Sudo Africa, which was launched in 2020, provides a card-issuing API to businesses and developers. Founded by Aminu …
Bizao, a fintech company present in over 10 African countries, has announced an €8 million Series A funding round. The company hopes to accelerate its geographical footprint across the continent …
Instagram announced on Thursday that new video posts that are shorter than 15 minutes will now be shared as Reels. Videos posted prior to this change will remain as videos and won’t …
The management of Sarrai Group of Uganda has started a test run of the mills at the debt-ridden Mumias Sugar factory after the rehabilitation and maintenance of the run-down equipment. …
Somalia has renewed its bid to join the East Africa Community (EAC), days after DRC Congo was admitted to the regional trade bloc. On Thursday, the country’s newly elected President …
Impresa Capital has announced that it has inked a deal with Norwegian online classifieds specialist Adevinta to acquire Gumtree South Africa for an undisclosed sum. It said this marks the first …
African Export-Import Bank (Afreximbank) and the East Africa Business Council (EABC) have launched the EABC – Africa Trade and Investment Council, with the goal of creating a platform for engagement …
Cosatu says meat-processing company Eskort was undertaking a mass dismissal of its employees at an operation in Heidelberg, Gauteng. This comes amid wage negotiations between Eskort and employees, where Eskort …