Inspiring Africa's Sustainable Business Growth
MENA – BitOasis, the cryptocurrency platform for the Middle East & North Africa (MENA) has partnered with Mastercard to launch a series of crypto card programmes in the region that will facilitate day-to-day usage of cryptocurrencies at points of sale and across e-commerce platforms. BitOasis customers will be able to convert their cryptocurrency holdings to fiat currency, allowing the consumer…
Read More
KENYA – Biogas equipment firm Sistema.bio has secured KSh1.2 billion (US$9.89 million) from American impact business firm Native to run a carbon biogas programme in East Africa targeting smallholder farmers, reports Business Daily Africa. Under the three-year programme Sistema.bio will supply biodigesters affordably to small and medium dairy farms in Kenya, Uganda and Rwanda to cut their carbon emissions. The…
Read More
SOUTH AFRICA – The Southern African Venture Capital and Private Equity Association (SAVCA) announced the appointment of Tshepiso Kobile as Chief Executive Officer, effective 1 November 2022. Kobile succeeds Tanya van Lill, who served SAVCA for over five years. SAVCA Chairman Lelo Rantloane says that after a rigorous recruitment and interview process, Kobile was found to be the strongest candidate…
Read More
KENYA – Safaricom, a mobile network operator, has announced the availability of 5G Wi-Fi to empower its customers with superfast internet at home and at work, complementing its growing fibre network. Safaricom became the first service provider in Kenya to announce 5G trials in March last year, and this development now empowers customers in 5G-ready areas to enjoy fast and…
Read More
KENYA – Vertiv, a global provider of critical digital infrastructure and continuity solutions, has announced the opening of its new office and state-of-the-art Customer Experience Center in Nairobi. With an increasing demand for high-efficiency critical infrastructure in East Africa, this centre supports Vertiv’s efforts in offering digital infrastructure solutions to local customers. The center’s experts offer firsthand knowledge of the…
Read More
SENEGAL – The Board of Directors of the African Development Bank Group has approved a loan of €63.6 million (US$63.91m) to Senegal to implement the Agropole-Centre agro-industrial processing zone project. The Ministry of Industrial Development and Small and Medium Industries will implement the project in four regions in central Senegal: Kaolack, Kaffrine, Fatick, and Diourbel. Its implementation will help increase…
Read More