Copia Global, a Kenya-based firm that provides mobile commerce platforms and distributors of goods, said it has raised $50 million from investors to expand into other…
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Burkina Faso said that it is restricting access to Facebook over alleged security reasons. Government spokesman, Alkassoum Maiga announced the move against the US-based social media…
Investors took positions in Airtel Africa’s stock on Wednesday, pushing Nigeria’s bourse capitalisation up by N417 billion. Market capitalization, which opened at $24.059 trillion rose by…
Rwanda’s national carrier, RwandAir, will resume flights to the United Arab Emirates (UAE) on January 20. The airline announced the development on Tuesday, ending a four-week…
Coca-Cola Beverages Africa, the largest bottling unit of Coca-Cola on the African continent, is examining ways to consolidate the parent company’s bottling operations on the continent,…
Nigeria’s exchange started its trading week on Monday in a bearish mood after losing N30 billion due to selling pressure on BUA Foods and 21 other…
Mauritius Telecom (MT) today launched its MyT Start-Up offering, designed for aspiring entrepreneurs, in Port-Louis to boost the growth of the Small and Medium Enterprise (SME)…
The rand fell on Monday as the dollar recovered on expectations of a number of U.S. Federal Reserve rate hikes. Rand traded at 15.4300 against the…
The Bank of Tanzania says the East African country’s national debt stood at $36.08 billion as of November 30, 2021, an increase of $5.34 billion year-on-year…
Sudan’s Central Bureau of Statistics on Sunday said the country’s headline inflation rate increased from 163.26% in 2020 to 359.09% in 2021. The annual inflation rate…