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Inspiring Africa's Sustainable Business Growth
SOUTH AFRICA – TallOrder, the South African startup that is a developer of advanced cloud-based point of sale (POS) solutions for the small and medium-sized enterprise (SME) market, is working on expansion to Europe and the United States after banking US$3.1 million in funding in January. Launched in 2014, the TallOrder POS platform, which can be deployed on suitable Windows,…
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MOROCCO – Ryanair, the Irish low-cost carrier, has launched winter flights, linking Moroccan airports with a number of European countries. The airline said its winter flight schedule connects Marrakech with several European destinations such as Barcelona, Madrid, Zaragoza, and Valencia The same program also offers customers flights to Ibiza, Bergamo, Rome, and Toulouse among others. The airline announced flights that…
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MOROCCO – Air Arabia Maroc, a joint venture company and member of Air Arabia Group, has announced the launch of new air routes linking Morocco to Europe as part of the company’s decision to expand its network. The new routes will include flights linking Casablanca and Geneva, Nador and the Netherlands’s Eindhoven, as well as Oujda and Spain’s Murcia. According…
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AFRICA – Bolt, Europe’s leading on-demand mobility platform, has raised 150 million euros (US$182 million) to bolster the safety of its platform through facial recognition and artificial intelligence. The investment was led by D1 Capital Partners, with the participation of Darsana Capital Partners. Tallinn-based Bolt confirmed in the press release that the company will use the funds further to enhance…
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ZIMBABWE – Pan-African telecoms group, Liquid Telecom, is eyeing expansion in North America and Europe after partnering with Zayo, a global provider of communications infrastructure. In a statement, the companies say the deal will see Liquid Telecom and Zayo leverage existing networks for many of their customers that have operations in North America and Europe, in addition to their African…
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GERMANY – German multinational engineering and technology company Bosch has developed a new rapid test for its Vivalytic analysis device to detect the SARS-CoV-2 pathogen. The test provides a reliable result in 39 minutes and is currently the fastest polymerase chain reaction (PCR) test worldwide. Bosch’s new rapid test is predestined for decentralized use in mobile test centres at freeway…
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UNITED STATES – United States carrier, Delta Airlines, has said that it will be committing US$1 billion over the next 10 years on its journey to mitigate all emissions from its global business. The airline said it would invest in driving innovation, advancing clean air travel technologies, accelerating the reduction of carbon emissions and waste, and establishing new projects to…
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AFRICA – Eleven African fintech startups have been selected to take part in the 2020 edition of CATAPULT: Inclusion Africa, which helps companies focusing on financial inclusion to scale. Building on the success of its 2018 edition, CATAPULT: Inclusion Africa is developed by the LHoFT Foundation and targets companies focusing on financial inclusion in Africa. It aims to build bridges…
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GERMANY – BASF, a global leader in Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions has unveiled a new battery materials production site in Schwarzheide, Germany. The German chemical company which is the second largest chemical producer in the world said that the new plant was part of its multi-step investment plan to support the European…
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NIGERIA – Nigeria’s imports from China in the second and third quarter of 2019, (April to September) stood at US$6.08 billion (N2.2tn); data obtained from the National Bureau of Statistics has shown. The country imported Chinese goods worth US$2.82 billion (N1.02tn) in the second quarter, representing 25.47 per cent of total imports and in the third quarter, imported Chinese goods…
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