Monday, 19 February 2018

Category: Markets

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Top Africa business opportunities for 2018 – Part I

Top Africa business opportunities for 2018 – Part I

Payment solutions Every year in Africa, over $100 billion in transactions are still done in cash. This presents a huge and lucrative financial services opportunity for savvy entre ...

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Top investment opportunities in Zimbabwe for 2018

Top investment opportunities in Zimbabwe for 2018

A beautiful country that came under a rough patch is on the eve of revival. A new government vowed to improve the economy, rule of law and most notably to guarantee favourable inv ...

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WorldRemit raises $40 million capital, targets 5 million customers in Africa

WorldRemit raises $40 million capital, targets 5 million customers in Africa

WorldRemit has raised $40 million to drive its next phase of global growth, aiming to serve 10 million customers connected to Nigeria and other emerging markets. As part of the ex ...

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Mood upbeat on Nigerian Stock Exchange

Mood upbeat on Nigerian Stock Exchange

With an absent president, a restrictive foreign exchange regime and slumping oil revenues, the opening months of 2017 proved to be a torrid time for investors in Nigeria. As money ...

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Africa has the prospect to become a trend setter

Africa has the prospect to become a trend setter

The future African consumer is Africa, South African creative agency Andpeople said during its presentation at the World’s Global Style Network (WGSN) Futures Summit last Thursday ...

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UAE trade with Africa rockets

UAE trade with Africa rockets

The United Arab Emirates (UAE) has always had strong ties with Africa. Given that about 65% of all Arabs are also Africans, it is no surprise that there is a close relationship be ...

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Fly Africa invests $7.2 million to revive firm

Fly Africa invests $7.2 million to revive firm

Low-cost airline – Fly Africa Zimbabwe – says it has invested $7.2 million out of a planned $9 million towards the revival of the airline after it resumed operations recently post ...

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Creative craftsmen set to build boat out of plastic waste – Kenya

Creative craftsmen set to build boat out of plastic waste – Kenya

The beaches of Kenya’s idyllic Lamu island are dotted with traditional Swahili stone and coral houses, mansions built by European royalty, the odd donkey and, increasingly, tidal ...

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Kenyan government adds $400m into Kenya Airways

Kenyan government adds $400m into Kenya Airways

Kenya's national carrier could be saved by the government as it moves to pump $400 million into its operations. Kenya’s government converted some loans to Kenya Airways into equit ...

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Egypt, IMF reach agreement on $2 billion loan portion

Egypt, IMF reach agreement on $2 billion loan portion

Egypt has reached a staff-level agreement with the International Monetary Fund for an instalment of about $2 billion more from a three-year, $12 billion loan programme, the IMF sa ...

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