East African Cables deal to dispose Tanzania Subsidiary
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East African Cables is a private limited liability company incorporated in mainland Tanzania. It manufactures extensive cables for domestic and industrial...
African startups reel from 27% drop in Q1 2024 funding
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121 African startups secured $466M, marking a 27 per cent drop from the previous quarter; women-led startups got 6.5 per cent...
Businesses generate R1 billion on Sunpit platform
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Dubai WoodShow carves million-dollar deals, B2B milestones
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ZAVDOZ Group of Companies and Andar Development sign $4.9 million deal to introduce elite wooden houses fit for the hot Gulf...
Gaza economic recovery could take decades: UN report
The preliminary assessment of the social and economic impacts of the conflict examines Gross Domestic Product (GDP) loss, recovery timelines and the enduring effects...
COP28: UN says staggering $7 trillion spent every year on investments that fuel climate...
The report from the UN’s environmental wing, UNEP, also revealed that despite decades of calls for ending finance flows towards sectors that harm some...
New gold-backed currency starts circulation in Zimbabwe
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Zimbabwe is phasing out ZWL as it ushers new gold-backed currency ZiG, starting today, Monday, 8 April, 2024.
The ZiG is said...
South Africa’s deepening ties in South Sudan oil industry
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South Africa’s Strategic Fuel Fund (SSF) operates Block B2 in South Sudan in collaboration with Nilepet.
The company has just completed a...
GITEX Africa 2024 to unveil new digital economy blueprint
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Global tech giants are meeting in Marrakech in May for the GITEX Africa expo as they seek a slice digital economy...
The opportunity for fintech in Africa lies with its rising youth population
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JOHANNESBURG, South Africa, 06 March 2024 -/African Media Agency(AMA)/- Africa’s fintech sector is expected to be worth approximately $65 billion by 2030, aligning with...
Kenyan Universities benefit from the World Bank 2024 program
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Eight Kenyan universities have been selected as part of the World Bank’s $55.8 million SME formalisation project.
In the World Bank plan,...
Nigerian Women in Public Relations Unveils Keynote Speaker, Sponsors and Partners for 2024 Experiencing PR...
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LAGOS, Nigeria, 19 March 2024-/African Media Agency (AMA)/-The Nigerian Women in Public Relations has unveiled its Keynote Speaker and a stellar lineup of...
Unfair and additional Burden! – Liberia news The New Dawn Liberia, premier resource for...
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By Lincoln G. Peters
Monrovia, March 27, 2024: Two business groups in Liberia have described a third-party engagement charge of 1.2% on imported...
Africa Fintech Summit Rolls Out Nigeria Fintech Marketing Outlook 2024, Featuring Trends, Perspectives, Growth...
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LAGOS, Nigeria, 20 March 2024/African Media Agency/-The Africa Fintech Summit (AFTS) releases its insightful “Nigeria Fintech Marketing Outlook 2024” report, shedding light on...
Africa’s electricity access 2024 remains unreliable
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Energy experts warn that the shortages that plague Africa’s electricity access in 2024 will have a significant drain on the continent’s...
Kenya mulls new regulations for crypto firms
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New regulations for crypto firms in Kenya will force players give evidence of sufficient working capital to continue business.
Crypto firms will...
Pin Africa and Unpublished Africa Launch Women’s History Month Campaign to Celebrate and Empower...
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HARARE, Zimbabwe, 07 March 2024 -/African Media Agency(AMA)/- This Women’s History Month, Pin Africa and Unpublished Africa proudly announce the launch of the “We...
NCBA Group reports 56% jump in net profit to $162.3 million
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The Kenyan lender with subsidiaries in Tanzania, Rwanda, and Uganda saw customer deposits close at $4.4 billion, 15.3 per cent, year-on-year.
Assets...
US$96M Solar farm to boost electricity here
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Solutions to Liberia’s age-old electricity problem may be near than ever thought, as the World Bank and the Government project US$96...
KCB Group’s profits dip to $326M on soaring costs
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East Africa’s banking giant KCB Group reports heightened operational expenses, which surged to $627 million in 2023, up from $447.9 million...
SAP Shapes the Future of Data-Driven Business Transformation with Innovations that Equip Customers to...
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WALLDORF, Germany, 06 March 2024 -/African Media Agency(AMA)/- SAP SE (NYSE: SAP) today announced transformative data innovations that will help customers harness the full power...
The Terrorist Attack in Moscow: Who Was Behind It?
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On March 22, before a concert by the Russian rock band Picnic, a terrorist assault killed 144 people, including six minors,...
AfDB’s $150m plan to accelerate financial inclusion
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AfDB signs a risk facility worth over $150 million to boost financial inclusion.
Survey shows risk-supported Commercial Banks in Africa can play...
balancing need for food, climate
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Agriculture is one of the leading causes of climate change.
Without action, emissions from food systems will rise even further, with increasing...