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Category: Business

Bank of Kigali to Cease Physical Services in Kenya, Goes Digital
Business

Bank of Kigali to Cease Physical Services in Kenya, Goes Digital

EditorApril 6, 2024April 6, 2024

The Central Bank of Kenya has authorized the Bank of Kigali, a leading Rwandan financial institution, to close its physical…

Rwandan Entrepreneur Pascal Murasira Launches Fund to Grow Africa Start-ups
Business

Rwandan Entrepreneur Pascal Murasira Launches Fund to Grow Africa Start-ups

Staff WriterMarch 20, 2024March 20, 2024

In an ambitious move to propel the socio-economic transformation of Africa and the Middle East, Rwandan entrepreneur Pascal Murasira is…

SKOL Brewery Ltd Partners with TotalEnergies for Sustainable Operations
Business

SKOL Brewery Ltd Partners with TotalEnergies for Sustainable Operations

EditorFebruary 28, 2024February 28, 2024

In an effort to enhance sustainability, SKOL Brewery Ltd, known for launching Virunga Water in returnable glass bottles, has entered…

DStv Expands Business Packages in Rwanda, Partners with BAHLITA
Business

DStv Expands Business Packages in Rwanda, Partners with BAHLITA

EditorFebruary 26, 2024February 26, 2024

DStv has initiated a new campaign to offer specialized packages for business owners in Rwanda, building on the success of…

It Now Takes Only 3 Hours To Register A Business In Uganda
Business

It Now Takes Only 3 Hours To Register A Business In Uganda

EditorFebruary 8, 2024February 8, 2024

Uganda’s Registration Services Bureau (URSB) has announced a major breakthrough in business registration efficiency, with the process now taking only…

Ugandan Ride Hailing Company SafeBoda Returns To Kenya
Business

Ugandan Ride Hailing Company SafeBoda Returns To Kenya

Staff WriterJanuary 24, 2024January 24, 2024

Uganda-based motorcycle ride-hailing and delivery company SafeBoda is making a comeback in Kenya, set to resume operations next month after…

Tanzania Lifts Ban On Kenya Airways
Business

Tanzania Lifts Ban On Kenya Airways

EditorJanuary 17, 2024January 17, 2024

In a swift resolution to a brief diplomatic row, Air Tanzania has successfully secured coveted cargo rights in Kenya, while…

Former Sky CEO Andrea Zappia Appointed Chairman of Showmax
Business

Former Sky CEO Andrea Zappia Appointed Chairman of Showmax

EditorJanuary 15, 2024January 15, 2024

Top Sky executive Andrea Zappia has assumed the role of chairman at MultiChoice Group’s Showmax, Africa’s largest streaming service, following…

Microsoft Surpasses Apple As World’s Most Valuable Company
Business

Microsoft Surpasses Apple As World’s Most Valuable Company

Staff WriterJanuary 13, 2024January 13, 2024

Microsoft’s stock market value ended a trading session higher than Apple’s for the first time since 2021 on Friday, making…

Infinix Mobile & MTN Rwanda Launch The HOT 40 Series
Business

Infinix Mobile & MTN Rwanda Launch The HOT 40 Series

Staff WriterJanuary 12, 2024January 12, 2024

Infinix Mobile Rwanda launched the HOT 40 series, which includes the HOT 40 Pro, HOT 40, and HOT 40i models,…

Ampersand To Roll Out 600,000 Electric Motorbikes In Kigali
Business

Ampersand To Roll Out 600,000 Electric Motorbikes In Kigali

Staff WriterJanuary 12, 2024January 12, 2024

In a groundbreaking move to revolutionize East Africa’s transportation landscape, Rwandan startup Ampersand has unveiled its ambitious plan to roll…

Nigeria To Sell Power Distribution Firm Over $130 Million Debt
Business

Nigeria To Sell Power Distribution Firm Over $130 Million Debt

Staff WriterJanuary 9, 2024January 9, 2024

Reuters Nigeria’s electricity regulator has put up for sale the sixth largest power distribution utility over a $130 million debt,…

Safair Wins Africa’s Most Punctual Airline
Business

Safair Wins Africa’s Most Punctual Airline

Staff WriterJanuary 5, 2024January 5, 2024

In a recent global on-time performance review conducted by aviation analytics company Cirium, Safair from South Africa has emerged the…

Bank Of Kigali and BDF Collaborate To Provide Affordable Credit For SMEs
Business

Bank Of Kigali and BDF Collaborate To Provide Affordable Credit For SMEs

EditorDecember 29, 2023December 29, 2023

Bank of Kigali (BK) and the Business Development Fund (BDF), a government-backed initiative supporting small businesses, solidified their commitment to…

Airtel Kenya’s Bold Network Expansion: 1,000 New Sites, Sh23B Investment
Business

Airtel Kenya’s Bold Network Expansion: 1,000 New Sites, Sh23B Investment

EditorDecember 27, 2023December 27, 2023

Airtel Kenya is set to boost its investment in network infrastructure with the aim of expanding its customer base nationwide.…

TotalEnergies Pledges $6 Billion In Nigeria Oil, Gas Investments
Business

TotalEnergies Pledges $6 Billion In Nigeria Oil, Gas Investments

Staff WriterDecember 19, 2023December 19, 2023

TotalEnergies (TTEF.PA) reaffirmed its commitment to business interests in Nigeria, the French company said, adding that its head Patrick Pouyanne had met…

Spotify to Cut Staff by 17% in Cost-Cutting Move
Business

Spotify to Cut Staff by 17% in Cost-Cutting Move

EditorDecember 4, 2023December 4, 2023

Spotify, the music streaming giant, announced on Monday that it will be laying off around 17% of its workforce as…

Kenya Begins Privatisation Drive, Offers Stakes In 11 Companies
Business

Kenya Begins Privatisation Drive, Offers Stakes In 11 Companies

Staff WriterNovember 27, 2023November 27, 2023

Kenya will start its privatisation drive by offering stakes in 11 companies including the state oil pipeline, the finance ministry…

Tanzanian Fintech, NALA Money To Establish Rwanda As Settlement Hub
Business

Tanzanian Fintech, NALA Money To Establish Rwanda As Settlement Hub

Staff WriterNovember 20, 2023November 20, 2023

In a strategic move to enhance its East African remittance operations, NALA Money, the Tanzanian fintech specializing in cross-border payments…

G20 Summit Spotlights Growing Interest in Africa
Business

G20 Summit Spotlights Growing Interest in Africa

Frank NtarindwaNovember 19, 2023November 19, 2023

Leaders from more than a dozen African countries are heading to Germany for the G20 Compact with Africa conference, which…

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