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Africa’s Top Ten Companies

Predictably, South Africa dominates the list of Africa's top ten companies by market cap, filling the top nine positions. Last year was tough for...

How Kenya Became a World Leader in Mobile Money Technology

What if anyone owning a cell-phone, whether rich or poor, also had access to financial services with the ability to save and send money...

Sudanese Pound Continues to Decline as Economy Plunges

The Sudanese pound continued to decline against the US Dollar as the inflation rate reached over 37% last June indicating the severe economic situation...

Is Africa Ready for Low-Cost Airlines?

FastJet, a new African discount airline backed by easyJet's founder Stelios Haji-Ioannou, will take to the skies by October, potentially redefining air connectivity on...

Nairobi to Get More Hotel Properties

The supply of upscale hotel rooms in Nairobi is set to increase as local and global hotel properties plan to enter the market between...

Kenya’s Prime Property Market Boom

Inside a gated community in a tranquil Kenyan suburb, a group of builders are putting the final touches to the exterior of a lavish,...

First Ethiopian Assembled Smart Phone Go on Sale in July

Tecno Mobile Ethiopia, a subsidiary of the Hong Kong-based company, has said it will release the first domestically assembled Smartphone come July 2012. The new...

India Displaces U.S. as Nigeria’s Number One Trading Partner

India has overtaken the United States of America (USA) to become Nigeria's number one trading partner, according to the First Quarter 2012 Trade Statistics...

Nigeria’s Foreign Reserves Fall

Nigeria's foreign reserves continued its downswing as it reduced further by $220 million in four days, to close at $37.242 billion, data from the...

Low-Cost Air Travel Comes to Africa

African travellers, plagued by the high fares charged by airlines targeting the business market, are a step closer to being able to fly across...

Africa Experiencing Rapid Growth in Private Healthcare

With urban middle classes expanding more Africans are willing to pay for health protection, giving the insurance industry a boost - but coverage for...

Pan-African Airline Dream Faces Tough Take-Off

Gervais Djondo is a man with a dream. The former industry minister of the west African state of Togo has set himself a mission...

Coca-Cola to Pump 12 Billion Into Africa

The Coca-Cola Company and its bottling partners will invest 187 million US dollars (about 300bn/-) in Tanzania over the next three years as part...

Expedia to Boost Rwanda’s Online Travel

The tourism department of the Rwanda Development Board and Expedia, a major international online travel company, on Tuesday hosted a seminar that aims at...

A Huge Buried Treasure in Mozambique

Huge discoveries of offshore gas in Mozambique, and promising finds in Tanzania, have turned East Africa into a new prospection frontier. Two companies, Anadarko of...

Rwanda Still East Africa’s Business Leader

Rwanda has once again topped the East African Community (EAC) in ease of doing business as the region as a whole improved its business...