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Join Top African Business Leaders Online for Four-Part Webinar Series Johannesburg, South Africa, April 12, 2020 - / As COVID-19 takes hold of African economies, African business leaders are challenged with new risks and uncertainty. Africa.com has partnered with faculty...
UseKamba, or Kamba for short, is an Angola-based fintech startup. Its mobile wallet application allows users to transfer funds between each other, buy airtime and pay bills. “The main reason behind the existence of Kamba is the need to revolutionise,...
‘The investor meetings have shown fantastic African interest because of the consumer growth,’ said CEO Christian Chammas. Vivo Energy’s bet on fuel demand growth in Africa earned it a market value of almost £2 billion ($2.7 billion) in the largest...
Egypt has seized the number one spot from South Africa as the most attractive investment destination on the continent, according to Rand Merchant Bank's (RMB) Investment Attractiveness Index For the first time, Nigeria and Algeria do not feature in the...
58 years of Nigeria’s independence, Ebere Nwoji writes that the pension sector has recorded significant growth. The pension sector no doubt, is one of the fast growing sectors of the economy since the introduction of the funded Contributory Pension Scheme...
South Africa’s Financial Sector Conduct Authority (FSCA) suspended the exchange license of ZAR X on August 20, 2021. ZAR X was founded 5 years ago and was the first new stock exchange in South Africa in 58 years. ZAR...
At the annual AfricaCom conference today, pan-African ICT investor, Convergence Partners and 4Di Group announced a recently concluded acquisition of a significant minority stake in ESET Southern Africa by Convergence Partners.  ESET Southern Africa is the local distributor and...
This year there has been a fundamental change in the dynamics of migration from Western Africa to Europe. European governments, pressured to manage the large flow of migration from Sub-Saharan Africa, have blocked one of the primary transit routes...
A privately-owned Nigerian producer of building materials, Ibeto Cement Co. Ltd, has signed a deal to get $850 million in financing from Milost Global Inc, a New York-based private equity firm. According to Bloomberg, Milost will provide $500 million in equity and $350 million as debt to...
Orange wants to be much more than a telecoms operator in Africa. We want to be a provider of essential services for our customers.” – Bruno Mettling, CEO of Orange Middle East and Africa. As part of its diversification plan...
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