Customers using Kuza saw an 82 per cent average increase in revenue over 12 months. (Image source: rawpixel/Pixabay)
4G Capital, a fintech company, has announced the launch of NxtGen
4G Capital launches Nxtgen for Africa’s banking industry
Finance
AfDB delivers strong development results in Egypt
Egypt aims to invest more in human capital in the short and medium term. (Image source: joffi/pixabay)
The African Development Bank (AfDB) has published the ‘Country Results Brief’ on Egypt
Moving the AfCFTA ahead with quick win solutions: AEC2018
The objective of AfCFTA is to create a single continental market for goods and services, free movement of business people and investment. (Jasmine Halki/Flickr)
The African Economic Conference (AEC) has urged the African countries to use the time in the run-up to March 2019, the deadline for ratification, to strengthen their capacity in the legislative and tariff instruments required for the process and other “low hanging fruit” measures
Azuri and Unilever launch mobile e-voucher system in Kenya
The e-voucher system powered by Safaricom has been developed to ensure the widest coverage across the remotest areas. (Image source: Stars Foundation/Flickr)
Pay-as-you-go solar pioneer Azuri and consumer goods company Unilever has launched an e-voucher system designed to help off-grid rural consumers in Kenya access consumer goods and services
European Court of Auditors: EU’s fund for Africa ‘lacks focus’
With US$4.2bn of EU funding at stake, being able to measure performance is an important aspect of accountability, the auditors stated. (Image source: AdobeStock_170675494)
The objective of the European Union’s US$4.6bn fund to support activities in 26 countries across three regions of Africa is not focused, a new report by the European Court of Auditors observed
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The Bell team in Richards Bay consists of more than 800 machinists, welders, and assemblers. (Image source: Bell)
GFE Power Product’s extensive range covers generators from 10 kVA up to 3,000 kVA. (Image source: GFE Power Products)
The funding is the largest-ever equity raise in the minigrid industry according to Husk. (Image source: Adobe Stock)
The initiative will help African contractors participate in annual infrastructure investments. (Image source: Afreximbank)
ITS has evolved into a sophisticated systems approach, providing numerous opportunities to revolutionise road networks. (Image source: Adobe Stock)
Inside Condra’s Johannesburg factory: an overhead crane positions an electric motor during assembly of hoist and crab. (Image source: Condra)
Invest International’s Lara Muller; Ivory Coast Minister of Finance and Economy, Adam Coulibaly; and Ambassador Designate to Ivory Coast, Jeroen Kelderhuis. (Image source: Invest International)
The Yellow Metal Machine Rental team with some Wacker Neuson equipment. (Image source: Wacker Neuson)
Although displaying resilience, the report warns that African banks remain exposed to physical climate risks due to both sovereign and industry lending. (Image source: Adobe Stock)
The parties will also promote the mutual exchange of information and expertise in the field of export credit policies and practices. (Image source: TBD Group)
WAA and VCMI will seek to establish regulatory frameworks to enable access to high integrity and fair voluntary carbon markets for WAA member countries. (Image source: Adobe Stock)
IVECO is renewing its entire product range, all at once. (Image source: IVECO)
Both the IMF and EIU expect SSA to rank as the world’s second fastest growing economy in 2024. (Image source: Adobe Stock)
The MoU was signed alongside the Africa Health Business Symposium. (Image source: Africa CDC)
There has been a focus on the sugar industry. (Image source: Adobe Stock)
Latest news
Ghana’s President, Nana Addo Dankwa Akufo-Addo, speaking at the launch. (Image source: Office of the President, Republic of Ghana)
Dietmar Siersdorfer speaking at Africa Energy Forum in Barcelona. (Image source: Siemens Energy)
The generator set fitted with a Perkins 1103 is providing vital backup power at the St Patrick School in Uganda. (Image source: Perkins)
5G technology deployment will take place later this year. (Image source: Adobe Stock)
Spiro will draw from its experience in Kenya, Benin, Togo, Rwanda and Nigeria as it launched in Uganda. (Image source: Spiro)
According to IRENA, concrete policy actions and massive mobilisation of finance at full speed is required in order to meet the 2030 target. (Image source: Adobe Stock)
The distributor will hold specialised training and empowerment sessions to enable its channel network to effectively deliver Vertiv’s portfolio, as well as managing inventory to serve the market. (Image source: Vertiv)
The HQ is expected to be completed and handed over by February 2025. (Image source: ECOWAS)
Africa’s share of global manufacturing only sits at around 2% today. (Image source: Adobe Stock)
There are numerous but not insurmountable challenges facing Africa's aviation sector, according to IATA. (Image source: Adobe Stock)
Africa Energy Forum 2024 was held in the Fira de Montjuïc in Barcelona. (Image source: ACP)
The quality design and manufacture of SEW-EURODRIVE South Africa’s panels and enclosures can be suited to any customer requirement wall mounts. (Image source: SEW-EURODRIVE)
African countries will require over US$45bn in the coming eight years to plug the gap in its transmission systems. (Image source: Synergy Consulting)
BII commits US$75mn to second Green Basket Bond with Symbiotics Investments to finance small-scale green projects in Africa, South, and South-East Asia. (Image source:
Transforming Africa's digital economy: Data Centres powering growth, innovation, and sustainability in the digital era. (Image source: Adobe Stock)
