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Sunday, April 30, 2017

WorldRemit Africa revenue to double by 2020 on mobile money, says Founder & CEO...

WorldRemit Ltd., a British money-transfer operator founded by Somali entrepreneur Ismail Ahmed, sees...

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...

Here are the top & bottom 10 investment destinations in Africa, according to Quantum...

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World Bank plots $60bn war chest for Africa

The World Bank Group is beginning to work out the details of its new financing package for Sub-Saharan Africa. Record funding of $57bn over three years was announced at a meeting of the G20 finance...

Marriott International Opens First Property in Kenya

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

Madagascar: Port of Toamasina dispute puts pressure on Levi’s

A labour dispute has put Madagascar’s port of Toamasina under the international spotlight for all the wrong reasons. While the government is keen to highlight a recent funding agreement with the Japanese government, the...

Harnessing the China-Africa ICT opportunity

Industrialisation and urbanisation in Africa are following a trajectory that is somewhat distinct from the continent’s Western and Asian counterparts. Benefiting from globalisation and tectonic shifts in science and technology, African countries have been able...

East African assets attract private equity interest

The expected sale of east Africa’s largest chain of coffee shops is being...

Port of Djibouti to become ‘Shekou of East Africa’, according to Chinese investors

China Merchants Group (CMG) has announced that it wants to turn the Port of Djibouti into a big hub port, similar to the Shekou terminal in Shenzhen, China. The Port of Shenzhen – which includes...

China seeks more African oil downstream operations

Chinese government officials have hinted that oil companies from the Asian country could purchase more African oil downstream operations, this follows China Petroleum & Chemical Corporation’s (Sinopec) purchase last month of a controlling stake...

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