Kenya Airways to ground 90 percent of its fleet following Coronavirus threat
Kenya Airways has suspended international flights and plans to restrict operations for domestic flights following a state order...
Tag : Africa
IATA: African airlines lost $4.4 bn in revenue due to Covid-19 pandemic
Flights between China and Africa increased by 630% in the last decade, however all flights to China are now suspended...
South African Airways cancels 162 flights till March end
The carrier cancelled 38 international flights and 124 domestic flights...
Safaricom introduces zero transaction fees on M-Pesa
Kenya's banks and mobile money providers are pushing cashless payments to curb Covid-19...
Mini-grids: The future of African energy?
Mini-grids have the benefit that they can at a later stage be linked to the national grid and become an integral part of it linked to the national grid and become an integral part of it...
Kenya Re to set up re-takaful unit in Egypt in 2021
The insurer increased its cash reserves through issuance of 2.099 billion of new shares...
Egyptian fintech Khazna secures funding from Algebra Ventures
The startup will provide its services to 20 mn Egyptians who have access to a mobile phone but no access to financial services...
Visa, Nigerian fintech Paga to enhance digital payments across Africa
Visa’s partnership with Paga does not involve investment — and is strategically aimed at expansion across the continent...
Safaricom to diversify into energy, to supply power to the national grid
The telco could supply power to the national grid from solar and wind power plants at its base stations...
2020: Coronvairus to see African airlines lose $40 mn in revenue
Many African airlines such as EgyptAir, RwandAir and Kenya Airways have suspended flights to China...