Orange inaugurates digital center in Abidjan

CÔTE D’IVOIRE –  French multinational telecommunications corporation Orange and the German Development Cooperation are inaugurating an “Orange Digital Center” in Abidjan, an ecosystem entirely dedicated to the development of digital skills and innovation, attended by the highest political and administrative authorities from Côte d’Ivoire Spread over 1,200m2 for Côte d’Ivoire, the Orange Digital Center brings together the four strategic programs of the…

Read More

Government-backed mortgage firm KMRC eyes US$90m bond to fund low-cost housing

KENYA – Financial services company  Kenya Mortgage Refinancing Company (KMRC) plans to raise KSh10 billion (US$90 million) from investors at the capital markets through a bond by December 2021 to finance low-cost housing, reports Business Daily. The proceeds from the bond issue will go to banks and SACCOs for onward lending to homeowners at an annual interest of five percent.…

Read More

Africa REN starts construction for 38MW Burkina Faso solar project

BURKINA FASO – West Africa-focused renewable energy independent power producer, Africa REN, has commenced construction for the 38 MW Kodeni Solar power plant in Burkina Faso after reaching financial close. Once completed, the renewable energy facility will be the largest solar power plant in the West African country. The plant is scheduled to be commissioned in August 2022 and Kodeni Solar plant…

Read More

Eskom join hands with coal giants Exxaro & Seriti to develop renewables

SOUTH AFRICA – State-owned electricity utility Eskom, has signed a Memorandum of Understanding (MOU) with two of its largest coal suppliers, Exxaro and Seriti Resources, to jointly develop renewable energy projects to lower carbon footprint at their operations. Exxaro and Seriti supply around 80% of Eskom’s coal requirements annually and by implementing renewable energy solutions at their Eskom-tied operations and…

Read More

BancABC unveils co-branded cards to drive digital payments and e-commerce in Zimbabwe

ZIMBABWE – BancABC Zimbabwe has launched a  new suite of co-branded Mastercard and Zimswitch payment cards for its customers which will enable customers to make safe and seamless digital, domestic and international payments including e-commerce transactions. BancABC is the first bank to launch Mastercard and Zimswitch co-branded cards, following a partnership between the national payment switch and the global payment…

Read More