Safaricom Ethiopia has expanded to five additional cities, bringing its national footprint to 21 cities just three months after launching on 6 October.Its initial target is 25 cities by April. …
Entrepreneurship
Africa Energy announces that it has secured a US$5 million credit facility from Africa Oil Corp. (“Africa Oil”), Deepkloof Limited and Lorito Holdings S.à.r.l. (together, the “Lenders”). Jeromie Kufflick, Africa …
- AfricaAFRICA NEWSEntrepreneurship
Nigeria: Orda Revolutionizes Restaurant Business Across Africa
by Editorby EditorMany African restaurants are stuck using low-tech means for accounting – often with pen and paper, sometimes without access to payment machines. Orda, a Nigeria-based food tech platform, announced that …
- AfricaAFRICA NEWSEntrepreneurshipSun King
Sun King raises $260 Million to expand global access to affordable Solar Energy
by Editorby EditorSun King, one of the leading providers of solar energy products for off-grid homes in Africa and Asia, announced that it has received $70 million in equity investment from Leapfrog …
- AfricaAFRICA NEWSEntrepreneurship
UK Government helps IT company break into Africa with £900k UKEF support
by Editorby EditorUK Export Finance (UKEF) has provided £900,000 of support to Atlancis, a Kenyan cloud services company, enabling it to forge a new relationship with UK exporter Vespertec to unlock growth …
- BusinessEnergyEntrepreneurshipMoroccoNorth AfricaOil & Gas
British energy Company Chariot, ONHYM Reaches Agreement with ONEE on ANCHORS Gas Sales
British energy company Chariot announced that it and Morocco’s National Office of Hydrocarbons and Mines (ONHYM) reached an agreement with the National Office for Electricity and Potable Water (ONEE) on …
- AFRICA NEWSBusinessEntrepreneurshipMarketsNigeriaUncategorized
Rite Foods Limited launches food campaign in lagos
Rite Foods Limited has unveiled its ‘Unleash The Bull 2.0’ campaign in Lagos. In a statement, the company stated that ‘Unleash The Bull 2.0’ is the second edition of its …
The South African Commercial, Catering, and Allied Workers Union (Saccawu) have opted to suspend plans to strike at all of Massmart Group’s companies over a dispute at Makro and will …
- Banking, Finance & InvestmentBusinessEntrepreneurshipMorocco
BCP Receives a financing package of 25€ Million to support Morocco’s green transition
The European Bank for Reconstruction and Development (EBRD) is joining forces with the Green Climate Fund (GCF) and the European Union (EU) to allocate a financing package of €25million to …
- AfricaAFRICA NEWSEntrepreneurship
Obama Advises Kenyans on How to Secure Funds From American Billionaires
by Editorby EditorFormer US President Barrack Obama encouraged the Kenyan youth to maximise technological innovations in a bid to secure funding from American investors. Speaking during the opening of the US – …