Nairobi, Kenya: October 29th, 2015: Verve International (‘Verve’), the leading African payment card brand, has announced its official entry into the Kenya market at a launch in Nairobi. The launch included the announcement of a strategic partnership with Kenya Commercial Bank (KCB) to expand card acceptance and payment services in six key East African markets. Verve, which is also…
Davis & Shirtliff provides water to Baringo residents Major African supplier of water and energy equipment Davis & Shirtliff, has partnered with Japan International Cooperation Agency (JICA) to provide water to Baringo County residents who have been facing acute water shortages. Drought and famine remain a challenge in most parts of Baringo where locals are frequently forced to rely…
Nairobi, Kenya: October 27, 2015: Interswitch, a leading integrated digital payments and commerce provider focused on Africa has today launched its brand new corporate identity in Kenya. This marks a new phase in Interswitch’s expansion across Africa and follows the completion of merger with leading East African e-payments provider Paynet Group. Effectively, Paynet Group – East Africa’s leading multi-institutional…
WASHINGTON, October 27, 2015 – Developing economies quickened the pace of their business reforms during the last 12 months to make it easier for local businesses to start and operate, says the World Bank Group’s annual ease of doing business measurement. Doing Business 2016: Measuring Regulatory Quality and Efficiency finds that 85 developing economies implemented 169 business reforms during…
As Tanzania’s leaders are praised for its peaceful handling of elections, an increasing number of projects are appearing which show case a country that is maturing, growing in confidence and cooperating with the right kind of partners to help it achieve its long-termm goal of becoming a regional hub. The Powering Africa: Tanzania investment briefing will take place from…
Dar es Salaam, 17th October 2015: Contestants in the presidential and parliamentary elections in Tanzania have been challenged to expound their visions and policies towards old age before the polling date. Speaking at a meeting in Dar es salaam on Monday and attended by HelpAge International, Older persons and the media, Smart Daniel who is the Deputy Country Director,…
A relentless deceleration in the economies of the developing world will cause global growth to slow this year and only pick up a bit more pace in 2016, the head of the International Monetary Fund said on Wednesday. In a speech that previewed a report on global growth due next month, IMF Managing Director Christine Lagarde held back from…
Analysis turns tables on “ticking time bomb” narrative to reveal world’s largest youth population is as important to African agriculture as seeds and soil LUSAKA, ZAMBIA (2nd October 2015)—A hard-hittingg report released today warns Africa will neither solve its chronic food shortages nor its urgent employment challenges without an immediate, aggressive effort to address the series of problems…
The 1,900 km Sonangol Offshore Optical Cable (SOOC) will be developed by Alcatel-Lucent Submarine Networks Paris, France, September 30, 2015 — Alcatel-Lucent Submarine Networks, the undersea cables subsidiary of Alcatel-Lucent (Euronext and NYSE: ALU), has been awarded the development of the Sonangol Offshore Optical Cable (SOOC), a critical infrastructure project which will dramatically reduce the cost-per-bit associated with…