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African business

Pan-African Financial Firm Accused of Cash-Flow Scam in Kenya

KENYA: Sequel to the financial crime charges levelled against Flutterwave, a pan-African fintech payment firm, the Kenya government has frozen bank accounts operating in...

Malawi Turns To Mining Amid Tobacco Woes

MALAWI.Lilongwe: Malawi's president Lazarus Chakwera has said his country will fully turn to mining amid fears of a decline in tobacco sales, the country's...

AfDB Partners Uganda In $229.5m Road Project

UGANDA. Kampala: The African Development Bank (AfDB) and the Government of Uganda has signed a $229.5 million financing agreement for the first phase of...

France, World Bank Boosts Angola’s Energy Vision With 344m Euros

ANGOLA. Luanda: France and the World Bank recently announced a 344 million Euros package to help Angola meet its electricity generation vision by 2025. The vision...

Coca-Cola Appoints Debra Mallowah As Vice President For East & Central Africa

KENYA. Nairobi: The global beverage giant Coca-Cola has appointed Debrah Mallowah, a Kenyan woman as the Vice President for East and Central Africa. Bruno...

Debt Relief A Critical Key To Africa’s Recovery From COVID-19

IVORY COAST. Abidjan: Akinwumi Adesina, the President of the African Development Bank(AfDB) has urged for Africa’s debt forgiveness as a pivotal path to...

Air Namibia Ceases All Flight Operations

NAMIBIA. Windhoek: Over 600 workers will lose their jobs as Air Namibia will be suspending all flight operations from today. African airline, Air Namibia...

Moving Malawi’s Agriculture Through Green Technology

MALAWI. Lilongwe: Emmanuel Banda is a young innovator who would like to lead Malawi's green technology’ revolution. He is the co-founder of Noble Agriculture...

African Development Bank Appoints New Regional Managers

IVORY COAST. Abidjan: The African development bank (AfDB) has announced changes to its top management with the appointment of new director generals and their...

African Development Bank Launches A Four Year Gender Strategy

IVORY COAST. Abidjan: The Board of Directors on the Africa Development Bank has approved a new Gender Strategy for 2021 to 2025. The strategy...

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