Kenya Airways to suffer net loss of Sh12.98 bn in 2020
The carrier attributes its poor performance to the adoption of IFRS 16 last year...
Tag : Africa
Pandemic impacts 30 African oil and gas projects: Report
Last month, the price of Brent crude dropped to $25 per barrel despite plans to lower the output by 9.7 mn barrels a day...
Total cancels plans to acquire Occidental’s Ghana assets
Struggling market condition in part has led to cancellation of the deal...
EgyptAir to receive $127.39 mn to weather coronavirus crisis
The government will support the carrier until it returns to 80% of its 2019 operation...
Kenyan healthtech Tibu to decentralise primary outpatient care
The startup connects its customers to healthcare workers in real-time...
New carrier to replace struggling South African Airways
The new carrier will have a mix of government as well as public ownership...
South African insurer Sugar to insure homes in rural settlements
Sugar will target homes in townships, rural villages and informal settlements...
Nigerian healthtech 54gene launches mobile Covid-19 testing labs
The startup has partnered with First City Monument Bank and the Ogun state government...
Visa, Pesapal to boost digital payments for small businesses in Africa
The new partnership will enable small businesses to accept various forms of Visa payments, including Visa QR, MPos, Mini POS and POS...
Ethiopian Airlines launches cargo services to Hyderabad, India
Ethiopian Airlines will be operating Boeing 777-300 aircraft with a capacity of 50 metric tons per flight...