Image by 123RF
Significant growth in money transfers to Tanzania

DAR ES SALAAM, Tanzania – A new record number of unique transactions were recorded in December 2016 in digital money transfers in Tanzania, according to WorldRemit. This is a 150% year on year growth, driven by the rapid expansion of mobile money accounts.

11 hours ago

Image by 123RF
African startup using AI to produce news stories

Tech startup, Controvert Media has implemented the use of artificial intelligence robots to automatically write and post news articles on the internet.

1 day ago

Image by 123RF
New insurance brand launched in Botswana

The Southern African operation of Zurich Insurance, which used to be listed on the JSE, rebranded itself Bryte Insurance on Thursday. Its Swiss parent recently sold the company to Canada-based Fairfax Financial Holdings.

By Hanna Ziady 1 day ago

Muslims in Seychelles - A Historical Appraisal of their Legacy
Muslims in Seychelles - A Historical Appraisal of their Legacy

Muslims in Seychelles is a fascinating account of the history of Seychelles, taking the reader back in time when the Arabs and pirates used to frequent the islands, the French established a settlement, the British annexed the islands, the road to independence, the period during independence, the coup d'état, introduction of a one-party state and re-introduction of a multi-party democracy.

Issued by Regent Business School 2 days ago

Image by 123RF
World must act now to save lives in Somalia, UN agencies warn

As a devastating drought grips Somalia, UNICEF and the United Nations World Food Programme (WFP) are warning that only a massive and immediate scale-up of humanitarian assistance can help the country avoid falling into another catastrophe.

2 days ago

Digital payment solutions for Kenya
Digital payment solutions for Kenya

NAIROBI, Kenya - Mastercard commits to empowering over 150,000 Micro, Small and Medium Enterprises (MSME) in Kenya within 2017 by giving them access to Masterpass QR. The mobile driven, Person-to-Merchant payment solution will be introduced through various financial institutions and other partners in the market from February onwards.

17 Feb 2017

Image by 123RF
African alliance to strengthen economic corridors

The Economic Commission for Africa, through the African Trade Policy Centre (ATPC) is holding a meeting in collaboration with the Walvis Bay Corridor Group and other Corridor management Institutions (CMIs) to establish the African Corridor Management Alliance. The Alliance is expected to coordinate the sharing of best practices and other strategies in support of the development and management of economic corridors on the Continent.

17 Feb 2017

Consumer insights agency raises seed capital
Consumer insights agency raises seed capital

NAIROBI, Kenya - African data collection startup Bamba has announced that it has closed its first seed investment round after raising US$1.1 million (Kes. 110 million) in investment funds, making it one of the largest and most successful seed rounds completed by an East African startup.

16 Feb 2017