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Africa’s Top Ten Companies

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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

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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

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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?

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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