South Africa’s minister of communications Mrs Khumbudzo Ntshavheni has published a draft policy document that has proposed the trading of radio frequency spectrum in the country. During a media briefing …
News
- AfricaAFRICA NEWSBusinessNewsSouth AfricaSouthern AfricaTechnology
- AfricaAFRICA NEWSBusinessEgyptNewsNorth Africa
EBRD supports green economy in Egypt with a $100M loan for SMEs
The European Bank for Reconstruction and Development (EBRD) has supported the green economy in Egypt with a $100m loan to Banque Misr for on-lending to local small and medium-sized enterprises (SMEs). This …
- AfricaAFRICA NEWSEconomyGhanaNewsNigeriaOil & GasWestern Africa
Ghana ranks 2nd in PPP pipeline projects in West Africa
Ghana is ranked 2nd in Private Public Partnership pipeline projects in West Africa with a cumulative market size of $8.4 billion. According to Fitch Solutions. Nigeria leads the market with …
- AfricaAFRICA NEWSBusinessNewsSouth AfricaSouthern Africa
Cannabis Company SafriCanna sells all its output for next year as Europe’s demand increases
Booming demand for medicinal cannabis from Europe to Australia has seen a South African producer sell all of its output for next year in advance. SafriCanna signed sale deals with …
- AfricaAFRICA NEWSBusinessINVESTMENTNewsSouth AfricaSouthern Africa
Commission approves Heineken’s takeover of Distell with conditions
South Africa’s Competition Commission approved Heineken’s purchase of wine and cider company Distell Group in South Africa as long as the merged entity invests more than R10 billion over five years …
- AfricaAFRICA NEWSBusinessEconomyNewsNigeriaWestern Africa
Nigeria exports goods worth N7.4tn in Q2, 2022
The latest report on foreign trade by the National Bureau of Statistics (NBS) shows that Nigeria recorded transactions worth N7.4trn to foreign countries in the second quarter of 2022. The …
- AfricaAFRICA NEWSEconomyGhanaNewsWestern Africa
6,856 companies, individuals owe ¢111.6m in corporate and income taxes in Ghana
The 2021 Auditor General’s Report has identified 6,856 companies, business entities and individuals owing an amount of ¢111.652 million in corporate and individual income taxes for 2019, 2020 and 2021 …
- AfricaAFRICA NEWSNewsSouth AfricaSouthern AfricaSpotlightTechnology
TikTok launches free Wi-Fi hotspots in South Africa
Social media platform TikTok has partnered with free public Wi-Fi company Think WiFi to launch 50 new free Wi-Fi hotspots as part of a pilot programme in South Africa. The …
- AfricaAFRICA NEWSBusinessFinance & ServicesNewsNigeriaTechnologyWestern Africa
Arca adopts ThetaRay AI tech to monitor transactions
ThetaRay, a leading provider of AI-powered transaction monitoring technology, has announced that ARCA, a premier African payment services provider, will implement ThetaRay’s advanced SONAR SaaS anti-money laundering (AML) sanctions list screening …
- AfricaAFRICA NEWSBusinessINVESTMENTNewsSouth AfricaSouthern Africa
South Africa to get first listing of Cannabis SPAC in Africa
Africa is about to get its first listing of a medical cannabis-focused SPAC, or special purpose acquisition company, when Cilo Cybin Holdings raises money in Johannesburg later this year. The …