In late June, the coldest part of the Southern Hemisphere winter, the power went out in South Africa. For as many as eight hours a day, right into early July, traffic …
News
-
AfricaAFRICA NEWSBusinessEconomyEnergyNewsSouth AfricaSouthern Africa
-
AfricaAviationBusinessGlobal NewsHospitality, Travel & TourismNewsSpotlightTransportation & LogisiticsTravel & TourismWestern Africa
These are the best airlines of 2022, according to travelers
As the world finishes unpicking its Covid-19 travel restrictions, business trips and tourism are firmly back on the agenda in most places, anyway. The question is, who to fly with? Qatar Airways …
-
AfricaBusinessEconomyGlobal NewsNewsSpotlight
King Charles III will be on banknotes by mid-2024, Bank of England says
Banknotes featuring a portrait of King Charles III are expected to enter circulation by the middle of 2024, the Bank of England said Tuesday. The central bank will reveal the …
-
AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesNewsSouth AfricaSouthern AfricaTechnologyTelecommunications
Capitec launches mobile network service with data that never expires
Capitec, South Africa’s largest retail bank by customers, has launched its own mobile virtual network operator (MVNO) service, called Capitec Connect, following in the footsteps of other local banks expanding …
-
Ghana began talks with the International Monetary Fund on Monday for an IMF-supported lending programme, the government said in a statement, in a bid to reduce economic hardship that spurred …
-
AfricaBusinessGhanaNewsOil & GasWestern Africa
Ghana commences decommissioning of Saltpond Oil Field
The Ghana National Petroleum Commission (GNPC) is set to commence the technical decommissioning of the Saltpond Oil Field in the Central Region. The decommissioning which was announced in 2016 was …
-
AfricaBusinessEconomyEgyptEnergyNewsNorth AfricaNorthern Africa
Egypt’s energy sector represents 13% of GDP
The Egyptian energy sector represents 13 percent of the gross domestic product (GDP) positioning as one of the main factors driving economic and social development, according to the Information and …
-
AfricaBuildingEconomyEgyptNewsNorth AfricaNorthern AfricaTechnology
Egypt targets digital exports of $5.5B in 2022/23
Egypt aims to raise its digital exports during the current fiscal year 2022/2023 to $5.5 billion, with an annual increase of 13 percent, according to Reuters. The Assistant Minister of …
-
AfricaEconomyEnergyNewsNigeriaWestern Africa
Electricity distribution companies report another national grid collapse
Major electricity distribution companies in Nigeria on Monday announced a fresh national grid collapse which has led to loss of supply across the country. The collapse occurred late Monday morning …
-
Access BankAfricaBanking, Finance & InvestmentBusinessFinance & ServicesNewsNigeriaWestern Africa
Sterling Bank set to change name after shareholders approve restructuring
Sterling Bank PLC has announced it will take a new name after receiving shareholders’ approval to convert from a core banking business to a holding company. The leadership of the Bank …