Banking and FinanceMagazineWhy is Africa of such importance to JapanWebAdminJune 5, 2020 by WebAdminJune 5, 2020 Japanese banks are establishing strategic presence on the continent to scale up corporate sector and reinforce long-time trade relations... Read more
BankingFeaturedNew digital bank called Sparkle launches in NigeriaPritam BordoloiJune 3, 2020 by Pritam BordoloiJune 3, 2020 Sparkle is launched by former Diamond Bank CEO and tech entrepreneur Uzoma Dozie... Read more
AviationFeaturedKenya Airways records a 12% increase in revenue for 2019Pritam BordoloiJune 1, 2020 by Pritam BordoloiJune 1, 2020 This is attributed to the expansion of the network, improved passenger, cargo, ancillaries, and other revenue streams... Read more
FeaturedFintechAfrica’s is booming with an increased number of fintechsInternational Finance Business DeskMay 29, 2020May 29, 2020 by International Finance Business DeskMay 29, 2020May 29, 2020 According to the International Monetary Fund, the continent's informal economy is conducive to startups with a pool of unbanked and underbanked population... Read more
FeaturedInsuranceSouth African insurtech Inclusivity Solutions secures $1.3 mn fundingPritam BordoloiMay 28, 2020 by Pritam BordoloiMay 28, 2020 The funding will be used by the startup to expand in its new markets as well as new ones... Read more
AviationFeaturedKenya Airways to suffer net loss of Sh12.98 bn in 2020Pritam BordoloiMay 28, 2020 by Pritam BordoloiMay 28, 2020 The carrier attributes its poor performance to the adoption of IFRS 16 last year... Read more
FeaturedOil & GasPandemic impacts 30 African oil and gas projects: ReportInternational Finance Business DeskMay 27, 2020May 27, 2020 by International Finance Business DeskMay 27, 2020May 27, 2020 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... Read more
FeaturedOil & GasTotal cancels plans to acquire Occidental’s Ghana assetsInternational Finance Business DeskMay 19, 2020May 19, 2020 by International Finance Business DeskMay 19, 2020May 19, 2020 Struggling market condition in part has led to cancellation of the deal... Read more
AviationFeaturedEgyptAir to receive $127.39 mn to weather coronavirus crisisPritam BordoloiMay 18, 2020 by Pritam BordoloiMay 18, 2020 The government will support the carrier until it returns to 80% of its 2019 operation... Read more
FeaturedHealthcareKenyan healthtech Tibu to decentralise primary outpatient carePritam BordoloiMay 6, 2020 by Pritam BordoloiMay 6, 2020 The startup connects its customers to healthcare workers in real-time... Read more