Telecom5G subscribers in the Middle East to reach 60 mn: EricssonPritam BordoloiOctober 8, 2019 by Pritam BordoloiOctober 8, 2019 A majority of the subscribers will be from Saudi Arabia and the UAE... Read more
BankingNCBA Group to begin rationalisation of branchesPritam BordoloiOctober 4, 2019 by Pritam BordoloiOctober 4, 2019 The new shares of the combined entity are expected to trade by the end of October... Read more
BankingUnion Bank of Nigeria gets $200 mn to fund SMEs, entrepreneursPritam BordoloiOctober 3, 2019 by Pritam BordoloiOctober 3, 2019 Part of the $200 mn funding from OPIC will be used to drive digitalisation... Read more
LogisticsSpanish logistics firm Glovo expands in Mombasa, KenyaPritam BordoloiOctober 1, 2019 by Pritam BordoloiOctober 1, 2019 The company also plans to establish itself across all towns in Kenya... Read more
Oil & GasOil and gas development to boost Kenya’s economic diversityPritam BordoloiOctober 1, 2019 by Pritam BordoloiOctober 1, 2019 The ICAEW report highlights how East Africa’s growth is mainly driven by strong performances in Kenya and Ethiopia... Read more
BankingKenya’s CBA to own 53% stake in merger with NIC GroupPritam BordoloiSeptember 30, 2019November 1, 2019 by Pritam BordoloiSeptember 30, 2019November 1, 2019 The merger will be effective from September 30 and the new entity will be known as NCBA Group... Read more
TechnologyNigeria’s CcHub acquires Kenya’s leading tech incubatorPritam BordoloiSeptember 27, 2019November 1, 2019 by Pritam BordoloiSeptember 27, 2019November 1, 2019 CcHub will finance the deal out of its real-estate project... Read more
Oil & GasQatar may build LNG terminal in South AfricaPritam BordoloiSeptember 26, 2019December 2, 2019 by Pritam BordoloiSeptember 26, 2019December 2, 2019 This follows PetroSA revealing its Mossel Bay refinery will run out of gas by end of 2020... Read more
TelecomNigeria reserves frequencies for 5G mobile broadbandPritam BordoloiSeptember 25, 2019November 1, 2019 by Pritam BordoloiSeptember 25, 2019November 1, 2019 Nigerian Communications Commission reserved the 26, 38 and 42 GHz spectrum frequencies for 5G mobile broadband... Read more
AviationKenya Airways to sell planes to deal with increasing lossesPritam BordoloiSeptember 25, 2019November 1, 2019 by Pritam BordoloiSeptember 25, 2019November 1, 2019 The airline will sell seven flights and a GE engine... Read more