Donkeys, Software And The Ethiopia Commodity Exchange
It’s important to adapt business models developed elsewhere to the context of the African market, says Eleni Gabre-Madhin, founder and former CEO of the Ethiopia Commodity Exchange, in an interview in...
View ArticleTraffic Robot Cops Introduce New Form of Tech, Order in DRC
“Our robot is a humanoid. We have taken the form of a human; it’s a design quality that encompasses a real police man,” Isaie Therese, a traffic robot engineer told CCTV Africa. Essentially, cameras —...
View ArticleSenegalese-American Singer Akon Launches “Akon Lighting Africa”
From The Grio Singer Akon has launched an ambitious endeavor that aims to improve the lives of over one million people in Africa. His new initiative “Akon Lighting Africa” hopes to bring electricity...
View ArticleFacebook Debuts Education App For Rwanda
From CNN Facebook is helping to roll out a pilot online education program in Rwanda, as part of its pitch to bring internet to the unconnected world. Dubbed SocialEDU, the new initiative was revealed...
View ArticleAfrica Is Huge Growth Opportunity, IBM CEO
From Business Insider In her keynote at MWC, IBM CEO Virginia Rometty made it clear that the company sees Africa as a huge opportunity over the next decade. What sets Africa apart from other markets,...
View ArticleJewels Spur Violence In The Central African Republic
From NPR Morning Mass began with a hymn on a recent Sunday at the Infant Jesus Catholic Church in the Central African Republic town of Bouar. The Rev. Dominic Mbarta fretted about his sermon. The...
View ArticleWomen Attacked Over Uganda’s Confusing ‘Miniskirt Ban’
From The Guardian Around 60 female activists and their supporters, including men, gathered at the Uganda National Theatre in Kampala. In a peaceful protest organised by the End Mini-Skirt Harassment...
View ArticleFarmers From South Africa Struggling To Survive In Congo
From iOL Only nine of a group of 28 South African farmers who moved to the Congo in 2011 are still farming, according to Rapport newspaper. Failed harvests, internal wranglings, bad weather and lack of...
View ArticleWorld Bank Puts Breaks On $90M Loan To Uganda Over Anti-Gay Law
From Bloomberg Africa World Bank President Jim Yong Kim delayed a $90 million loan to Uganda because of the East African nation’s crackdown on homosexuality and criticized countries for legalizing...
View ArticleWest Africa’s Cocoa Sector Has Strong Showing
West Africa’s cocoa industry is on the comeback. According to Ecobanks’s 2014 soft commodities report, Nigeria, Ghana and Cote d’ivoire cocoa’s sector are on track for a strong crop, reports CNBC...
View ArticleAs Anti-Gay Law Affects Shilling, Uganda’s Central Bank sells Foreign Currency
Ugnada is seeing strong backlash from it’s recently enacted anti-gay gay law. “Uganda’s central bank has intervened to support the shilling which weakened since donors withheld aid over an anti-gay...
View ArticleHow Is The Weaker Rand Affecting South African Trade?
It was expected that a weak rand would boost trade. But the results are truning out to be the opposite. “There is still no clear or overwhelming indication, in terms of the most recent monthly trade...
View ArticleHitachi Purchases ANC Stake In South Africa Unit
From Bloomberg Hitachi Ltd. agreed to buy the stake in Hitachi Power Africa Ltd. held by the investment arm of South Africa’s ruling party after criticism that the shareholding constituted a conflict...
View ArticleSouth Africa Budget Impresses Voters While Erasing Investor Fears
From Bloomberg Africa South African Finance Minister Pravin Gordhan aimed to appease investors and voters ahead of May 7 elections as he stuck to spending limits to reduce his budget deficit targets...
View ArticleSouth Africa’s Petrol Price Will Jump 2.5% On March 5
From CNBC Africa The retail price of petrol in South Africa will increase by 36 cents, or 2.5 percent a litre. Meanwhile, wholesale diesel will rise by 2.1 percent, the Department of Energy said....
View ArticleNigerian’s Central Bank Steps In And Naira Reverses Losses
From CNBC Africa Nigeria’s central bank intervened in the foreign exchange market minutes before it closed on Friday. The central bank sold an undisclosed amount of dollars that enabled the naira to...
View ArticleUnknown Set To Run Nigeria’s Central Bank
From AFP Nigeria has lined up a relative unknown to head its central bank after the outspoken former governor was suspended, causing shockwaves in Africa’s second-largest economy and markets to wobble....
View ArticleZulu’s Adopt Faux Fur To Protect Leopards
From Yahoo! News Carrying Zulu warrior shields and draped in leopard skins, the men of South Africa’s Shembe Church move hypnotically as they go through the steps of a traditional religious ritual .But...
View ArticleKenya Celebrates Nyong’o's Oscar, The Arts
Lupita Nyong’o was the topic of the day on Kenyan TV and radio stations Monday for her Oscar win as Best Supporting Actress in the movie “12 Years A Slave,” Bloomberg reports. “You are the pride of...
View ArticleOil Piracy Moves To Angolan Shore With $8 Mln Heist
From OilPrice.com An oil tanker hijacked for a week off Angola last month has been returned to the authorities, but not before hijackers managed to siphon $8 million worth of diesel fuel from the ship...
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