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CFAO Mobility Inaugurates Rwanda’s First BYD Dealership in Kigali

CFAO Mobility, Thursday,  in Rwanda inaugurated East Africa’s first BYD (Build Your Dreams) car dealership in Kigali. The showroom, located in the Kicuriko district, covers 330 sqm and will showcase the various vehicles in the range. The Atto3 electric SUV will be available immediately, followed by the Dolphin and Dolphin ...

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East Africa Leads Growth, Economic Challenges Persist in Nigeria, Kenya – Stears 2024 Africa Outlook

Stears , a leading economic analysis and data-driven insights provider, has unveiled its much-anticipated 2024 African Outlook Report, delivering nuanced insights into the continent’s economic landscape. Contrary to broad generalisations, the report sheds light on the diverse growth trajectories across Africa, with East Africa emerging as a regional powerhouse. In ...

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Germany Aims to Address Shared Colonial Past With Tanzania

Germany and Tanzania aim to strengthen their relations and address their shared colonial past, as agreed upon by German President Frank-Walter Steinmeier and Tanzanian President Samia Suluhu Hassan in Dar es Salaam on Tuesday. Hassan described the German government as a “reliable friend and partner,” although she highlighted potential for growth ...

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AFC to Lead U.S.-backed Lobito Corridor Expansion Project of Zambia-Lobito Rail Line

The expansion of the Lobito Corridor holds enormous promise for regional and international trade, fostering economic development and improved connectivity “This represents the most significant transport infrastructure that the US has helped develop on the African continent in a generation”- Helaina Matza, US State Department; AFC  is appointed lead project ...

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CPS Africa Wins Prestigious Residential Development Award for Fumba Town

The award is a distinguished honour that recognises excellence and innovation in the real estate industry across Africa and the world.   CPS Africa has emerged victorious at the African Property Awards, receiving the Residential Development 20+ Units award for their exceptional project, Fumba Town. This is a resounding triumph for ...

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Liquid Intelligent Technologies Further Accelerates Local Digital Transformation With Tanzania’s Second Azure Stack

The innovative solution offered by Azure Stack HCI ensures that businesses meet the local compliance standards by letting customers run applications designed for virtualised infrastructure Liquid Intelligent Technologies (Liquid) , a business of Cassava Technologies, a pan-African technology group, has partnered with wingu.africa a pioneer provider of carrier-neutral data center ...

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First Capital Bank Partners EIB Over US$10Million Facility to Develop Agric SMEs in Zambia

First Capital Bank Limited in partnership with the EIB and the European Union have  secured a developmental line of credit of US$10 Million. This credit line is part of the Partnership Agreement between the European Union and its Member States, of the one part, and Members of the Organisation of ...

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Angola: TotalEnergies Offloads 40% Stake in Block 20 to Petronas Ahead of Development

TotalEnergies EP Angola Block 20 has finalized the sale to PETRONAS ANGOLA E&P LTD (PAEPL), a company belonging to the PETRONAS group of companies, of a 40% interest in Block 20 in the Kwanza Basin in Angola. The transaction was completed for an amount of $400 million as at January 1st, ...

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South Sudan Confirms Participation at Critical Minerals Africa 2023 in Cape Town

Hon. Martin Abucha, Minister of Mining of South Sudan, will speak at the upcoming Critical Minerals Africa 2023 summit, as the country seeks to forge new partnerships with mature mineral producers South Sudan’s Minister of Mining, Hon. Martin Abucha, will speak at the upcoming Critical Minerals Africa (CMA) 2023 summit ...

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