Mastercard in partnership with M-KOPA Solar and Centenary Bank celebrated the first 'pay-as-you-go' QR transaction, which provides a simple and inexpensive way to power the homes and businesses of Ugandans.
Africa Industry Resources

Mastercard and M-KOPA Solar roll-out first of its kind energy solution in Uganda

Mastercard in partnership with M-KOPA Solar and Centenary Bank celebrated the first ‘pay-as-you-go’ QR transaction, which provides a simple and inexpensive way to power the homes and businesses of Ugandans. M-KOPA, which already provides affordable, safe and clean energy to three million people in East Africa has launched Mastercard’s Quick Response (QR) payment technology in […]

Kanayo Awani, Managing Director, Intra-African Trade Initiative at the African Export-Import Bank says Intra-African trade critical in unlocking Africa’s trade potential
Africa Industry

‘Intra-African Trade Critical in Unlocking Africa’s Trade Potential’

The inaugural Intra-African Trade Fair (IATF) due to take place in Cairo from 11 to 17 December is a key intervention aimed at addressing the current low levels of regional trade in Africa, Kanayo Awani, Managing Director, Intra-African Trade Initiative at the African Export-Import Bank (Afreximbank), has said. Awani, who was speaking in Bali, Indonesia, […]

Southern East Africa steps up customer experience focus
Africa Industry

Southern East Africa steps up customer experience focus – Genesys

Enterprises in Southern East Africa and Mauritius are rapidly stepping up their efforts to boost customer experience, reports omnichannel customer experience specialist Genesys. Genesys, currently experiencing strong growth in the region, says enterprises in key African development hubs are fast catching up with their international counterparts in terms of next-generation omnichannel customer service, sales and […]

African Development Bank
Africa Industry

AfDB launches landmark US$500m credit insurance deal with African Trade Insurance Agency and UK reinsurers

The African Development Bank and African Trade Insurance Agency (ATI) have announced the successful completion of a US$500 million credit insurance deal structured to cover a portion of the Bank’s portfolio of non-sovereign operations in Africa. This transaction is expected to have an important demonstration effect to encourage similar institutions to invest more on the […]

African Development Bank
Africa Industry Jobs & career

African Development Bank makes Senior Appointments

The President of the African Development Bank Group, Dr Akinwumi A. Adesina, has announced the following senior appointments. Director, Integrity and Anti-Corruption Alan Bacarese has been appointed the Director for Integrity and Anti-Corruption in the Office of the President with effect from January 1, 2019. Alan, a British national, has 30 years of experience as a senior prosecutor, white-collar crime […]

Africa Industry

Nigerian Firm Wins Africa’s First Scaling Up Nutrition Pitch Competition

A Nigerian firm has emerged the winner of a competition involving some of the continent’s most exciting enterprises working to improve access to nutritious foods. Kennie-O Cold Chain Logistics from Kwarah State was crowned champion of the first Africa editionof theScaling Up Nutrition Pitch Competition held at the Nutrition Africa Investor Forumin Nairobi, Kenya last week. The company […]

Africa Industry

Ministers Endorse Continental Report on Population and Development Issues in Africa

Ministers and senior government officials-in-charge of population in Africa met in Accra, Ghana, from 4 to 5 October 2018 and endorsed a continental report of the five-year review of the implementation of the Addis Ababa Declaration on Population and Development (AADPD). The AADP, a key framework for addressing population and development issues in Africa, was […]

Egypt's Investment Minister Sahar Nasr (L) and President of the EIB Werner Hoyer (R) after the signing of the Kitchener Drain deal (Photo: eib.org)
Africa Industry Wellness

European Investment Bank gives EUR 214m to improve access to sanitation services in Egypt

The European Investment Bank (EIB) has signed a governmental agreement with the Egyptian government for EUR 214m to support the Kitchener Drain depollution project. The new financing is part of the EIB’s Economic Resilience Initiative (ERI) and will improve the sanitation and solid waste services for about 6 million people in the Nile delta region. The […]