Africa DBSA to partner with Invest Africa to generate sustainable finance for Africa The Development Bank of Southern Africa (DBSA) will partner with Invest Africa to generate sustainable finance solutions for the continent during the Africa Debate 2021. The forum, which will take place from 14-16 September, will see African business, policy and other industry […]
Safaricom #ticker:SCOM estimates that its smart electricity meters will help to track power use, outages and transformer loads, giving Kenya Power additional Sh71 billion revenues in five years. Of this collection, the power distribution monopoly will earn a net of Sh17.9 billion when the technology cuts system losses to eight percent from the current 23.93 […]
The proposed transfer of Sh2 billion worth of assets held by one of the SportPesa companies to the UK government has been opposed by an unnamed party, signalling a growing rift in the gaming firm’s empire. Liverpool-based SPS Sportsoft Limited, which offers gambling software and support services, on Tuesday published a notice of its dissolution […]
Safaricom Limited’s headquarters, Nairobi. PHOTO FILE | NMG The European Commission (EC) has cleared a joint venture between Safaricom and its parent firm Vodafone for Ethiopia entry after initially announcing plans to scrutinise it over competition concerns. In a letter seen by the Business Daily , the commission said the consortium did not pose any […]
The European Commission (EC) has cleared a joint venture between Safaricom and its parent firm Vodafone for Ethiopia entry after initially announcing plans to scrutinise it over competition concerns. In a letter seen by the Business Daily, the commission said the consortium did not pose any threat to fair competition. The clearance now paves the […]
In Africa you can meet some of the richest and most successful CEOs. The names you will read below may be familiar. If not this is an opportunity to meet some of the most successful people in Africa. > Aliko Dangote : He is the founder of Dangote Group, born in Kano, Nigeria. He serves […]
M-Pesa service was launched in 2007 as a way for customers to instantly send money The service has since evolved to include services such pay bills, make and receive international money transfers, save and access credit Apart from Kenya, M-Pesa is available in Tanzania, Mozambique, DRC, Lesotho, Ghana and Egypt M-Pesa, the flagship product of […]
Every year on August 26, the world marks the Women’s Equality Day — a day that was designated by the US Congress in 1971 to commemorate the 1920 passage of the 19th Amendment to the US Constitution, granting women the right to vote. Half a century on, the Women’s Equality Day is calling attention to […]
One of the longest-running mobile money platforms, M-Pesa, is celebrating reaching 50m monthly active customers, cementing its position as Africa’s largest fintech platform. Launched more than 14 years ago in Kenya, M-Pesa is today available in Kenya, Tanzania, Mozambique, the Democratic Republic of Congo, Lesotho, Ghana and Egypt. M-Pesa was sold by Vodafone to South […]
firm said it will recruit 450 graduates over the next three years into a global development programme dubbed the “Discover Graduate Management Programme Addis Ababa, Ethiopia – 3 rd September 2021 – Safaricom Telecommunications Ethiopia PLC Friday launched a countrywide staff recruitment drive as it gears up towards the commercial launch. Anwar Soussa, Managing Director […]
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