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Indaba to foster African trade

By: Mamaili Mamaila     14th June 2019 The 2019 Manufacturing Indaba will host several trade and industry Ministers from Africa, with the focus leaning towards facilitating trade between African countries.  

Nestlé launches R&D innovation challenge in South Africa

By: Tasneem Bulbulia     13th June 2019 Nestlé on Thursday launched a research and development (R&D) innovation challenge in South Africa as part of the company’s efforts to contribute to the local innovation ecosystem. Nestlé’s goal is to work collaboratively with startups and universities to identify sustainable and scalable science... 

PayU launches operations in Kenya to enable global organisations seamless access to East African markets

By: Creamer Media Reporter      13th June 2019 Economic growth in the East Africa region is estimated to remain at a steady 5.9% in 2019, a significantly higher percentage than North Africa at 4.9% and Southern Africa at 1.2%, according to the African Development Bank. The countries with the highest economic growth include Rwanda, Kenya and... 

Motorbike taxi firms rev up for race into West Africa

By: Reuters     12th June 2019 Motorcycle taxi companies are expanding in West Africa with backing from investors betting that the meteoric rise of two-wheeled taxi firms in Asia can be replicated in some of the fastest growing countries in the world. Four bike taxi firms are now battling it out on the streets of Nigeria's... 

Altus subsidiary secures exploration licence for copper/gold zone in Ethiopia

By: Marleny Arnoldi     3rd June 2019 A subsidiary of Aim- and TSX-V-listed Altus Resources has been granted a three-year exploration licence for the Zager copper/gold prospect in Ethiopia’s Tigray state. The exploration licence, awarded to Altus subsidiary Altau Resources, covers 285 km2, which hosts 27 km of ophiolite belt within... 

Pioneering system holds huge potential for microgrids

By: Kim Cloete     23rd May 2019 A sharper focus on renewable energy has led to increased opportunities for microgrids in rural areas, industrial and commercial parks and residential developments in African countries. “Technology is progressing very fast on alternative energies and systems. An increased focus on renewable energy... 

Westcon-Comstor SMME partners to take centre stage at Cisco Connect

By: Creamer Media Reporter      23rd May 2019 - Ongoing emphasis on partner development will give SMME’s across the continent the chance to elevate their Cisco business pitch Westcon-Comstor Sub-Saharan Africa is emphasising reseller development, enablement and empowerment, by providing nine of its SMME Cisco partners across Africa the... 

Kenya's Safaricom CEO Bob Collymore to stay an extra year in post

By: Reuters     23rd May 2019 The chief executive of Safaricom, Bob Collymore, said on Thursday that he will stay on in his role for an extra year at Kenya's biggest telecoms operator. "I'm here until the year 2020," Collymore told reporters on the sidelines of a meeting. He was due to step down in August. 

Tanzania's China-backed $10bn port plan stalls over terms – official

By: Reuters     23rd May 2019 A planned $10-billion port project in Tanzania backed by China has hit an impasse, with the two sides disagreeing on terms of the infrastructure investment, a senior Tanzanian port official said on Wednesday. In 2013, Tanzania signed a framework agreement with China Merchants Holdings... 

Coca-Cola reformulates drinks following tax

By: African News Agency      23rd May 2019 Coca-Cola South Africa has cut the sugar in its drinks by a quarter (26%) since government introduced a tax on sugary drinks, according to Camilla Osborne, Head of Communications for Coca-Cola Southern and East Africa. On 1 April 2018, Treasury imposed a Health Promotion Levy of 2.1 cents per... 

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