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Tag: Business

Africa Business East Africa World 

Kenya’s Safaricom offers data, voice plans without expiry dates

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Kenya’s leading telco, Safaricom has rolled out new data and voice packages that do not have expiry dates. The company on Wednesday made public this latest policy that affects data, voice and SMS products. A Kenyan citizen is already in court asking that the Communications and Multimedia Appeals Tribunal stops Safaricom and Airtel from irregularly depriving consumers of their unused… Read More
Africa Business Ghana West Africa World 

Ghana loses $190m from the US over cancelled power deal

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Ghana has lost the second tranche of a grant amounting to $190 million provided by the United States to improve its power supply. This is based on a decision by the government of Ghana to terminate an agreement with the Meralco-led Power Distribution Services over invalid demand guarantees. The country’s power distributor, the Electricity Company was taken over by the Philippines Meralco… Read More
Africa Business Nigeria News and Headlines West Africa World 

IMF calls for speedy resolution to Nigeria border closure

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The International Monetary Fund is asking Nigeria to speed up resolution to the closure of its border with neighboring west African nations. Since August 20, 2019, Nigeria has closed its borders with some of its neighbouring West African countries. Borders in four geopolitical zones across the country, including South-South, South-West, North-Central and North-West have been closed. The government took the decision in… Read More
Africa Business World 

How artificial intelligence helps banks, fintech startups, and users

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Fintech startups and banks have always been at the forefront of tech adoption, and they’ve been curiously following the growth and development of AI for many years. And there’s a good reason for it — we, the consumers of their services, want to have access to cutting-edge technology while dealing with our finances, as well as making sure that the… Read More
Africa Business China East Africa World 

Kenya: $1bn Chinese-built railway line opens to public

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The second phase of Kenya’s newly built railway line connecting the capital Nairobi to the Rift Valley region has opened to the public. Built by China Communications and Construction Company the second phase of the project cost over $1 billion. The launch was done without the usual fanfare witnessed at the opening of the first phase opened in May 2017.… Read More
Africa Business World 

Commonwealth finance ministers to meet over debt crises

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Commonwealth finance ministers will meet in Washington D.C. on October 17, 2019 to discuss coordinated interventions to prevent future debt crises. The meeting will be chaired by the Finance Minister of Cyprus, Harris Georgiades, under the theme ‘Preventing Debt Crises: The Roles of Creditors and Debtors’. It will be preceded by sessions for senior finance ministry officials and central bank… Read More
Africa Business Central Africa Rwanda World 

“Made in Rwanda” Volkswagen cars go on sale

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The largest European manufacturer, Volkswagen has targeted 5,000 vehicles from it’s Kigali assembly plant in Rwanda. European car-marker, Volkswagen launched it’s car assembly plant in Rwanda in June, 2018. The care-marker has already started producing “Made in Rwanda“ vehicle brands assembled in Kigali. The plant has produced “Polo” brand vehicles, but due to demand, the manufacturer is produced other models… Read More
Africa Business World 

Avoiding Mistakes: Top corporations that failed in partnership

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Strategic partnerships between brands are as old as the establishment of the first businesses in the world. Partnering is a very effective strategy to achieve goals that a business could never achieve on its own. Business partnerships can allow brands to reach new markets, gain greater distribution, and attract more customers. There are lots of successful strategic partnerships in the… Read More
Africa Business Nigeria News and Headlines West Africa World 

Can Uber’s boat service fix Nigeria’s traffic crisis?

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On Friday global ride-hailing firm Uber Technologies Inc launched a pilot test of a boat service in Nigeria’s commercial capital Lagos. It was meant to attract commuters seeking to avoid the notorious heavy traffic situation in the populated and congested commercial city. Called the UberBOAT, the waterway service is operated in partnership with local boat operator Texas Connection Ferries and… Read More
Africa Business Ghana West Africa World 

Making Futures: The stories of young African entrepreneurs

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A book detailing the exciting, challenging and dynamic stories of some young African entrepreneurs has been launched in Ghana’s capital Accra. The book was written by another young and dynamic entrepreneur, Sangu Delle who is a Ghanaian. Publisher of the 304 page book is Cassava Republic Press. Patrick Awuah, founder of a leading University in Ghana, Ashesi University, launched the… Read More
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