Africa Botswana Business Southern Africa World 

Botswana announces discovery of another huge diamond

– – Botswana has announced another discovery of a huge rough diamond, toppling an earlier huge discovery of the stone. The discovery on June 12 was carried out by the Canadian company Lucara and is a 1,174-carat gem. The latest discovered stone now becomes the world’s third largest diamonds. Lucara’s Managing Director, Naseem Lahri told AFP that this is a… Read More
Africa Business South Africa Southern Africa World 

Chatbots: The solution to SA’s service delivery woes?

– – Finance Minister Tito Mboweni recently said that communities and businesses are becoming increasingly intolerant of municipalities that can neither deliver basic services nor conduct their administration effectively. With lack of employee capacity being one of the root causes of poor service delivery, Kyle Oosthuizen, Chief Operating Officer at Blue Robot, believes that chatbots could be a solution. He says:… Read More
Africa Business World 

ZEEPAY completes Series A fund-raise at $7.9 million

– – Leading Ghanaian Fintech Zeepay, has today announced completion of a USD7.9 million Series A.0 funding. The funding is a hybrid of both equity and balance sheet funds to support its operations. Zeepay enables digital remittances from the diaspora to mobile wallets, bank accounts and visa cards across 20 markets in Africa. The fundraise was led by I&P, an impact… Read More
Africa Business West Africa World 

West African countries to adopt single currency in 2027

– – Ecowas leaders have agreed to now work towards launching a single currency by January 2027. The West African regional bloc had planned to adopt the currency called Eco in 2020 but said the road map was disrupted by the Coronavirus pandemic. On Saturday however the West African leaders at a summit in Ghana’s capital, Accra agreed a new… Read More
Africa Business World 

Azimo offers free remittances amid gloomy World Bank predictions

– – Azimo, the digital money transfer service, is offering a fee-free transfer for all senders on June 16, the UN’s International Day of Family Remittances, after remittance volumes in 2020 beat expectations. The International Day of Family Remittances was launched in 2015 to raise awareness of the contribution that migrant workers make to the economies of their home countries.… Read More
Africa Business World 

10 Best Profit-Making African Business Ideas

– – Despite the impact of the pandemic, the African economy is expected to increase this year, and the number of new millionaires on the continent is growing at an exponential rate; with its wealth of resources and untapped investment potential, African business possibilities could be a lucrative option for entrepreneurs, individuals and investors.  Let’s have a look at the… Read More
Africa Business East Africa World 

IMF says Tanzania must publish Covid-19 data to get $574 mln loan

– – The International Monetary Fund has asked Tanzania to publish data on the spread of Covid-19 before getting approval for a $574 million emergency loan. Since last year May, Tanzania has not published any data on the extend of spread of Covid-19. The country’s previous president, John Magufuli was a critic and doubter of the pandemic and stopped the… Read More
Africa Business World 

Add value to your property with Pergola kits

– – Probably once, you have looked at your backyard, and it seems like there’s something that’s missing. Aside from outdoor tables and chairs and plants in your home garden, maybe there’s that piece which you see as the key. This key will give out its purpose to make space better like it was before. Thinking about building your very… Read More
Africa Business World 

Purchasing guide for your next Omega Seamaster

– – Omega is a name that equates to power and superiority. Watch enthusiasts all over the globe have patronized its highly-priced and top-of-the-line watches. Through the years, it consistently develops timepieces that go beyond expectations. A lot of its collections are hot picks in the market. Among its most successful and top models is the Omega Seamaster. Seamaster debuted… Read More
Africa Business World 

5 Brands with the best Quartz wristwatch

– – What quartz watches lack in craftsmanship, it makes up in terms of functionality and looks. Quartz watches are less sort after than mechanical watches and can offer so many benefits that are sometimes overlooked. First, quartz watches are battery-powered, so they are precise and accurate around the clock. Unlike mechanical watches, they don’t need winding to function correctly.… Read More
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