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Sunday, April 30, 2017

Nigerian tech startups go back to basics

In February 2017, the online video streaming platform iROKOtv made free downloads available at its kiosks across Lagos. The company’s agents transfer files directly to customers’ devices using Wi-Fi, thus enabling them to bypass the...

South Africa: Transnet seeks private sector investment

South African transport utility Transnet has called on the private sector to provide at least a quarter of all the investment required in the country’s transport sector. The privatisation of the country’s ports, railways, roads...

Kenya’s growth under threat in 2017 but economy remains resilient, says CBK governor Patrick...

As Kenyans look ahead to August’s general elections, much of the discourse has focused on fears of a repeat of the violence that followed the 2007 presidential contest. However, even darker clouds are looming...

Ethiopian withdrawal poses questions for future of Somalia

Ethiopian troops previously assisting the internationally funded African Union Mission in Somalia (AMISOM) were suddenly withdrawn to Ethiopia a few days after the Ethiopian government declared a six-month emergency in early October.   As al-Shabaab retook...

Why the smart money is heading for African infrastructure

The last 10 years has seen a marked change in the number of infrastructure projects in Africa reaching financial close. This has clearly been driven by the capital raising drive carried out by key development,...

Zimbabwe: Can livestock really be used as bank collateral?

Zimbabwe’s slide into yet another economic crisis has hit the headlines over the past week because of the government’s plan to allow livestock to be used as bank collateral. A bill requiring banks to accept...

AfDB unveils $12bn power plan for Africa

The African Development Bank (AfDB) has unveiled its new electrification programme, under which it will invest $12bn over the next five years. This funds will support its New Deal on Energy for Africa, which aims...

African private equity down in 2016 but outlook is positive

At the African Private Equity and Venture Capital Association (AVCA) annual conference in Abidjan, Cote d’Ivoire last week, it was revealed that private equity (PE) investment in Africa fell sharply in 2016. The volume of PE...

Horn of Africa: Premiership football and khat unify region

They make an odd pair, the Premiership and the khat plant, and yet the two have a similar impact in the Horn of Africa. The televised matches of the English football competition offer a shared...

Marriott International Opens First Property in Kenya

Marriott International, Inc. on Monday announced its first property in Kenya with the...

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