Kenya second most preferred business destination for African CEOs
In a survey of 171 African CEOs, 22 prefer Kenya while 24 of them prefer the US as their top business destination...
Tag : Africa
SMEs in Egypt secures E£146 bn funding from Central Bank of Egypt
Under the Central Bank of Egypt’s initiative, banks will offer soft loans with interest rate of 5% to 7%...
South Africa enacts new oil and gas law, fixes 10% government ownership
The new law will also give South Africa’s government the right to 10% production at no cost...
Qatar Airways to invest in TAAG Angola in a turnaround bid
Qatar Airways will buy a 39 percent stake in TAAG Angola...
Egypt central bank plans $50mn to $100 mn fintech fund
The Egyptian government will develop seven technological parks in Egypt for about $60.8million...
Kuwait’s Agility to develop $200 mn warehouse parks in Africa
The company plans to develop three warehouse parks in Abidjan in Ivory Coast, Maputo in Mozambique and Lagos in Nigeria...
Egypt’s Fawry targets UAE, Saudi Arabia, and Kuwait for expansion
Fawry is also considering a deal with a UAE bank to use its technology platform in the UAE and other gulf countries...
Airtel East Africa head to grow data, mobile money revenue
Ian Ferrao will also be a part of the Africa Executive Committee based in Nairobi and will focus on Airtel’s growth in East Africa...
Kenya Airways to revamp JV agreement with Air France-KLM
The Kenyan airlines is seeking renegotiations over cost and revenue sharing deal and the ability to enter into agreements with other airlines...
Kenyan fintech 4G Capital to increase lending to SME’s
The number of loans to be lent by the fintech in 2019 will be 420,000 which is worth $46 million...