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Federodontotecnica Embraces Digital Innovation: The Announcement of the Partnership with LutinX

Rome, December 14, 2024 – Federodontotecnica has officially announced its decision to embrace digital innovation by adopting Blockchain technology through advanced solutions offered by...

Payday secures $3m seed round to power the future of work for Africa

Pan-African neobank Payday has raised $3 million in a seed funding round led by Moniepoint Inc, with participation from HoaQ, DFS Lab’s Stellar Africa Fund, Ingressive Capital Fund II and angel investors – Dare Okoudjou, Founder and CEO of MFS Africa and Tola Onayemi CEO of Norabase.

Egypt’s Suez Canal economic zone lures US$2.5 billion foreign investment in 11 months

From July 2022 to May 2023, the Suez Canal Economic Zone (SCZone) in Egypt garnered 2.5 billion dollars in foreign investment, according to the General Authority of the SCZone in Egypt.

Repair of Damaged C-Lion1 Cable in the Baltic Sea to Start Next Week

Efforts to repair the damaged C-Lion1 submarine cable in...

Bank of Abyssinia Posts 4.2 Billion Birr Profit Amid Decline in Forex Earnings

Bank of Abyssinia, one of Ethiopia’s pioneering private banks,...

African countries with the cheapest household electricity prices

Here are the African countries which have the lowest electricity prices on the continent, according to Statista.com.

Zipline’s drones set to fly in Africa after a $330m funding

Zipline, a drone manufacturing start-up based in the United States with operations in five African nations, has successfully raised $330 million to expand its drone services in Africa.

Zimbabwe to export citrus to China in July

According to the Chinese Embassy in Zimbabwe on Wednesday, Zimbabwe's citrus exporters are collaborating with Chinese officials to make it easier to sell citrus fruits to China.

J. Safra Sarasin Acquires Zurich-Based MIV Asset Management to Strengthen Medtech Focus

In a move to bolster its asset management division,...

Government Intensifies Probe into “Tobacco Lord”: DGI Demands $1.3 Billion in Taxes

In a high-profile investigation spearheaded by Argentina's revamped tax...

How Millennial Mining Heirs Are Transforming Argentina’s Copper Industry

As the world transitions to clean energy, the demand...

Russia’s Central Bank Suspends Currency Buying Amid Ruble Decline

Russia’s Central Bank Halts Currency Buying Until 2025 The Russian...

Namibia promotes investment opportunities in Ghana

In an effort to showcase Namibia as a viable trade partner and investment destination, the Namibian High Commission in Ghana recently hosted the Namibia Investment and Trade Business Forum.

December: A Key Month for Ethiopia’s Debt Restructuring Prospects

Debt restructuring in Ethiopia may soon see progress, with...

Japan-Russia Trade Turnover Increases for Third Consecutive Month

Trade relations between Japan and Russia have experienced steady...

Investment & Securities Bill 2024: Enhancing Nigeria’s Capital Market Regulations

The Investment & Securities Bill 2024 has marked a...

Top 10 African countries with the most millionaires

According to the recently released 2023 Africa Wealth Report by Henley & Partners in cooperation with New World Wealth, the continent of Africa now has investable wealth worth USD 2.4 trillion, and over the following ten years, the number of millionaires is predicted to rise by 42%.

EFCBC attracts $70mln projects in Africa for Egyptian contractors

The Egyptian Federation for Construction and Building Contractors (EFCBC) has attracted projects worth EGP 2.150 billion for Egyptian contracting companies in several African countries, as stated in an emailed press release on May 29th.

Public Servants Reject 4.7% Wage Increase Amid Rising Living Costs

Members of the Public Servants Association (PSA) have firmly...

Ethiopia’s Startup Proclamation: Granting 30% Stake to EIH

The Ethiopian government is taking significant strides to nurture...

Kariakoo Businesses Reopen Following Building Collapse in Dar es Salaam

After a devastating building collapse that shook Kariakoo, Dar...

Al Abdulghani Motors and Qatar Airways Strengthen 20-Year Partnership

Celebrating Two Decades of Innovation and CollaborationAl Abdulghani Motors,...

Another Blow to Aerolíneas Argentinas Amid Privatization Push

In a significant move, the Argentine government has repealed...

Minister of Power Calls for Partnerships to Address Energy Sector Challenges

The Minister of Power, Adebayo Adelabu, has called for...

South African Johann Rupert surpasses Nigerian Aliko Dangote as Africa’s wealthiest person

Forbes Magazine has recently reported a captivating turn of events in the realm of African billionaires. Johann Rupert, a prominent South African business magnate, has dethroned the revered Nigerian tycoon, Aliko Dangote, to claim the coveted title of Africa's wealthiest individual.

South Africa rolls out PayShap, a new real-time digital payments service

In order to increase financial inclusion in South Africa, the South African Reserve Bank (SARB) has announced the introduction of PayShap, a low-value, real-time quick payments platform for businesses, and individuals.

Drones Revolutionize Tourism in China, Enhancing Visitor Experience

China’s scenic spots are embracing cutting-edge technology to transform...

Ghana’s Ambassador to Spain urges ECOWAS member states to open market to Spanish investors

Mr Mohammad Adam, Ghana's Ambassador to Spain, has asked the Economic Community of West African States (ECOWAS) to expand its partnership to Spanish investors.

South Africa completes its first 3D-printed low-cost house 

South Africa has completed its first 3D-printed low-cost construction home. The 3D printing technique can build a house in less than 24 hours.

Lagos Marriott Hotel Wins sub-Sahara Africa Award

The Lagos Marriott Hotel, Ikeja has been named the best hotel in Sub-Sahara Africa for the 2022 business year for its exceptional guest satisfaction index, gross operational profit, and increase in total sales.

How Ethiopian-born Sara Menker is using Artificial Intelligence to support the fight against world hunger

In Africa, one woman from Ethiopia is on the course of using Artificial Intelligence to end global hunger, her name is Sara Menker.

Instant Payment Systems Report Highlights Successes and Urges Action to Remove Barriers

The 2024 State of Inclusive Instant Payment Systems in...

Dubai’s Luxury Real Estate Market Sees Unprecedented Growth

Dubai's real estate market continues to thrive, setting new...

Botswana signs new diamond sales deal with De Beers

In exciting news for the diamond industry, Botswana and mining giant De Beers recently unveiled a groundbreaking agreement that will significantly impact the distribution of rough diamonds.

UAE Data Centre Market to Reach AED 9.7 Billion by 2029

The UAE’s data center market is on a remarkable...

Long-Term Gas Supplies from Russia to Kazakhstan: Strengthening Central Asia’s Energy Security

Kazakhstan’s energy landscape is undergoing a transformative phase, with...

$10 Billion Railway Project in Tanzania to be a Game-Changer for Trade, Employment, Economic Growth

This ambitious $10 billion Standard Gauge Railway of Tanzania is finally taking shape as it tries to give a makeover to the economic landscape of the East African country with increased trade, creating employment coupled with marked economic growth.

Latest news

J. Safra Sarasin Acquires Zurich-Based MIV Asset Management to Strengthen Medtech Focus

In a move to bolster its asset management division,...

Drones Revolutionize Tourism in China, Enhancing Visitor Experience

China’s scenic spots are embracing cutting-edge technology to transform...

Dubai’s Luxury Real Estate Market Sees Unprecedented Growth

Dubai's real estate market continues to thrive, setting new...

GTBank Kenya Celebrates 10 Years with GTMazao for SMEs

Guaranty Trust Bank (GTBank) Kenya is celebrating a decade...

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Oi’s Stock Soars: Regulatory Shifts Propel Brazil’s Telecom Giant to New Heights

On Monday, Oi, a major player in Brazil’s telecommunications sector, witnessed a meteoric rise in its stock value. Shares more than doubled in response to...

Drones Revolutionize Tourism in China, Enhancing Visitor Experience

China’s scenic spots are embracing cutting-edge technology to transform...

Dubai’s Luxury Real Estate Market Sees Unprecedented Growth

Dubai's real estate market continues to thrive, setting new...

GTBank Kenya Celebrates 10 Years with GTMazao for SMEs

Guaranty Trust Bank (GTBank) Kenya is celebrating a decade...