Business

MTN Partners With South African Online Travel Agency In $40M Funding Deal

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Travelstart, a South Africa-based online travel agency that does business throughout Africa, today announced US$40 million in funding that will help it create a partnership with MTN, Africa’s largest mobile telecommunications provider, according to a press release. The funding was provided by U.K.-based Amadeus Capital Partners, a global technology investor, and will be used for Travelstart’s expansion. Travelstart wants to …

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Meetings of the Working Groups of the Africa-Arab Partnership in the areas of Trade and Investment; Transport, Communication and Energy

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A three-day meeting of the two Working Groups of the Africa-Arab Partnership in the areas of Trade and Investment and Transport, Communication and Energy kicked off on 3 February 2016, at the Headquarters of the African Union Commission in Addis Ababa, Ethiopia, with a joint plenary session. Opening the meeting, the Co-chair on the African side, Dr. Levi Uche Madueke, …

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Sustainable Development: EU and Seychelles sign a new financing agreement of 2.2 million euros

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The Government of Seychelles receives 2.2 million euros from the European Union in support of the implementation of its sustainable development agenda. These funds will support the Government in formulating new projects and attracting new financing for development. “Seychelles is certain to use the funds wisely, where it would make the greatest impact. We would further like to reassure the …

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Black Industrialists Programme pushing for inclusivity

Trade and Industry Minister Rob Davies

By – SAnews.gov.za Pretoria – The Black Industrialists Programme is set on generating more black industrialists as well as to create greater inclusivity in the economy, says Trade and Industry Minister Rob Davies. Speaking at The New Age breakfast briefing on Wednesday, Minister Davies said government has been talking about the need for radical economic transformation in the country. He …

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Gabon selects Gemalto for fully integrated border and visa system

Gemalto

The visa management system simplifies and speeds the issuance of visas, e-Visas and resident’s permits. Gemalto (Euronext NL0000400653 GTO) (www.Gemalto.com), the world leader in digital security, has been selected as end-to-end solution provider by Gabon’s Department of Homeland Security DGDI* to supply and implement a fully integrated border and visa management system (gemalto.com/govt/coesys/eborder). The new scheme will strengthen national security, …

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IMF, Ghana and DFID Highlight the Value of Data for Better Economic Policies in Africa

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One of the largest regional conferences on the importance of data for better macroeconomic policies was concluded today in Accra, Ghana. Organized by the Government of Ghana, the International Monetary Fund (IMF), and the United Kingdom Department for International Development (DFID), the conference brought together policymakers from over forty African countries as well as representatives from academia, banks, rating agencies, …

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Azimo Wins Award for Best Low Cost Remittance Service to Africa

azimo

Digital money transfer service makes financial services more accessible to millions. Azimo, the digital money transfer service, today announced that it has been awarded the best low cost remittance service by Africa’s sixth annual Kalahari Awards. In the last year alone, Azimo has seen exponential growth in the region helping thousands of people send money to family and friends at …

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African Capital Markets continue to reflect strong figures for 2015 – but challenging times may lie ahead

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In line with global trends, 2015 was a challenging year for African capital markets in the wake of market volatility and the emergence of renewed global economic uncertainty in the latter part of the year, while the first half resulted in the highest levels of both equity capital markets transactions and proceeds raised in the past five years. PwC (http://www.PwC.com) …

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Innovaacom Recognized for Women Entrepreneurship and Excellence in Medical Education

innovaacom

New Certification Allows Innovaacom to Provide Existing and New Clients with Service Excellence Innovaacom, a leading provider of medical education and training for healthcare professionals worldwide, today announced it has been granted certification as a Women’s Business Enterprise by the Women’s Business Enterprise National Council (WBENC). WBENC is the largest third-party certifier in the United States of businesses that are …

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Conference on Small Middle-Income Countries in Sub-Saharan Africa

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Conference on Small Middle-Income Countries in Sub-Saharan Africa: Joint Statement by Deputy Managing Director Min Zhu and Governor Linah Mohohlo of the Bank of Botswana The Governor of the Bank of Botswana, Ms. Linah Mohohlo, and the Deputy Managing Director of the International Monetary Fund, Mr. Min Zhu, hosted today in Gaborone, Botswana, a regional conference entitled “Small Middle-Income Countries …

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