WorldRemit (www.WorldRemit.com), a leading online remittance provider, is calling for the urgent restoration of money transfers to Nigeria as draconian new rules leave virtually all money transfer operators (MTOs) unable […]
South Africa’s Hotel and Tourism Sector Set for Steady Growth as Visitor Numbers Continue to Grow: PwC Outlook
South Africa’s hotel industry is set for steady growth in the next five years driven by an increase in the number of foreign visitors into the African continent. Pietro Calicchio, […]
UNIDO welcomes UN’s Third Industrial Development Decade for Africa
The United Nations Industrial Development Organization (UNIDO) has welcomed the UN General Assembly decision proclaiming the period 2016-2025 as the Third Industrial Development Decade for Africa. UNIDO’s Director General, Li […]
Staying the Course, Despite a Relative Economic Slow Down
Africa one of the only two regions in the world achieving growth in FDI project numbers over 2015 Seven percent rise in FDI projects for Africa East Africa the biggest […]
Avon Peaking Power, South Africa’s Largest IPP, Reaches Commercial Operation Adding 670 MW to the National Grid
The Avon Peaking Power facility, together with its sister plant the Dedisa 335 MW facility in Port Elizabeth will provide much needed power and energy security during peak demand periods. […]
Rwandan Companies to Benefit from New RWF 48 Billion Lending Programme
The European Investment Bank has agreed to support a new lending initiative by Bank of Kigali to back private sector investment across Rwanda. The European Investment Bank will provide EUR […]
Global Capital Fuelling African Property Markets
Despite Africa’s slowdown; property developers and private equity funds continue to pour investment into the continent, but with more focused strategies. “Over $1,2 billion has been raised and allocated to […]
UNCTAD Warns on Debt, Says Africa Should Find New Ways to Finance Development
UNCTAD Warns on Debt, Says Africa Should Find New Ways to Finance Development African governments should add new revenue sources to finance their development, such as remittances, public-private partnerships, and […]
Sage Announces the Launch of Sage 50 Accounting in East and West Africa
Sage (www.Sage.com/Africa), the global market leader for integrated accounting, payroll and payment systems, today announced the launch of Sage 50 Accounting in East Africa and West Africa. Sage 50 Accounting […]
Malawi – United Nations World Food Programme (WFP) Begins Emergency Food Relief Operation
The United Nations World Food Programme (WFP) Begins Unprecedented Emergency Food Relief Operation in Drought-Hit Malawi The United Nations World Food Programme (WFP) has begun a new round of life-saving […]
Ghana Receives 11.9 Million Euros (GHC 52 Million) from the EU to Support Decentralisation
Ghana Receives 11.9 Million Euros (GHC 52 Million) from the European Union to Support Decentralisation The European Union (EU) has this month paid 11.9 million Euros (GHC 52 million) to […]
Benin – Results of evaluation on Cotonou Partnership Agreement announced
Results of evaluation on Cotonou Partnership Agreement announced The Cotonou Partnership agreement contributes considerably to the eradication of poverty, increases integration of the ACP countries into the world economy and […]