PropTech Hub Africa Inc. made its International Debut at GITEX, the World’s Largest Tech Conference in October 2022. The Founder/CEO of PropTech Hub Africa Inc. Dr. Freeman Osonuga represented the …
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Kenya Ranked Eighth In The 2022 Absa Africa Financial Markets Index
Kenya has moved up two positions in the latest Absa Financial Markets Index (AFMI) attributed to better environmental, social, and governance (ESG) market frameworks in the financial sector The country …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesNewsTechnologyWestern Africa
Afreximbank moves to facilitate international trade with the launch of AFPAY
African Export-Import Bank (Afreximbank) today announced the commercial launch of Afreximbank Trade Payment Services also known as “AfPAY” to facilitate international trade between African financial institutions and their clients. The …
- AFRICA NEWSBuildingFinance & Services
Thierno-Habib Hann has been appointed as the new CEO of Shelter Afrique
The board of Shelter Afrique has appointed Thierno-Habib Hann as the new chief executive to succeed MR Andrew Chimphondah who quit suddenly in February. Mr Hann currently serves as the …
- AfricaAFRICA NEWSAirtelBusinessNewsTechnologyTelecommunicationsWestern Africa
Airtel Africa secures $125 million credit facility from Citibank
Airtel Africa, Africa’s leading provider of telecommunications and mobile money services, today, has announced the signing of a $125 million revolving loan facility from Citibank to support operations in its subsidiaries. …
- AfricaBusinessEnergyNewsNigeriaWestern Africa
Beacon power services raises $2.7m to improve electricity access in Africa
Beacon Power Services (BPS), a Nigerian energy-tech company, has announced closing a $2.7 million seed round funding led by Seedstars Africa Ventures. The founder and CEO, Bimbola Adisa, in a …
- AfricaBusinessEconomyINVESTMENTNewsNorthern Africa
Morroccan diaspora remittances reach $4.6 Billion in H1
Remittances from Morocco’s diaspora reached MAD 47.04 billion, or $4.56 billion during the first half of 2022. According to new data from Morocco’s Foreign Exchange Office, the number represents an increase …
Vodafone has agreed to sell its operations (majority stake) in Ghana to Africa-focused Telecel Group. Telecel plans to help fund the acquisition by later offloading the Ghana business’s mobile towers. …
Pick n Pay’ on Tuesday witnessed a jump in share price from 3% after the group posted sales growth of almost 11% for the 18 weeks to 3 July. Its …
- AfricaBinanceCryptocurrencyEducationNigeriaWestern Africa
Binance takes blockchain education to northern Nigeria
Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has collaborated with Edubox Global, a leading platform facilitating opportunities for the education of Africans, to launch a crypto education tour …