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Category: Business

Experts Urge Action for Africa’s Economic Independence at CEO Forum
Business

Experts Urge Action for Africa’s Economic Independence at CEO Forum

Aisha AdedunmolaMay 17, 2024May 17, 2024

African leaders must turn their commitments into concrete actions to spur economic development, experts said Thursday at the opening of…

MTN Rwanda Pioneers the Introduction of Paper-Based Biodegradable SIM Cards in the Country
Business

MTN Rwanda Pioneers the Introduction of Paper-Based Biodegradable SIM Cards in the Country

Aisha AdedunmolaMay 15, 2024May 15, 2024

In a significant move towards sustainability, MTN Rwandacell PLC (MTN Rwanda) has introduced the country’s first paper-based biodegradable SIM cards,…

New ChatGPT Version: Math Tutor and Flirt Rolled into One
Business

New ChatGPT Version: Math Tutor and Flirt Rolled into One

Aisha AdedunmolaMay 14, 2024May 14, 2024

OpenAI has introduced the latest iteration of its AI chatbot ChatGPT, dubbed GPT-4o, set to be available to all users,…

High Cocoa Prices Squeeze Cameroon Chocolate-Makers
Business

High Cocoa Prices Squeeze Cameroon Chocolate-Makers

Aisha AdedunmolaMay 6, 2024May 6, 2024

In the lush cocoa plantations of Muyuka in south-west Cameroon, Chief Orok John inspects his young cocoa plants, grappling with…

Rwanda’s Green Coffee Finds Market in South Korea
Business

Rwanda’s Green Coffee Finds Market in South Korea

Aisha AdedunmolaMay 6, 2024May 7, 2024

Rwanda is set to export 20 containers, equivalent to 384 tonnes, of green coffee valued at Rwf2.5 billion to Seoul,…

Urgent Appeals for Innovative Financing and International Financial System Reform to Attain SDGs in Africa
Business

Urgent Appeals for Innovative Financing and International Financial System Reform to Attain SDGs in Africa

Aisha AdedunmolaApril 24, 2024April 24, 2024

In a resolute address at the outset of the tenth Africa Regional Forum on Sustainable Development (ARFSD-10) in Addis Ababa,…

Nigeria Seeks $2.25 Billion in World Bank Loans
Business

Nigeria Seeks $2.25 Billion in World Bank Loans

Aisha AdedunmolaApril 24, 2024April 24, 2024

Nigeria is pursuing $2.25 billion in loans from the World Bank, announced Finance Minister Wale Edun. The request, discussed after…

Norrsken East Africa Empowers Female Entrepreneurs in Rwanda with Second Women in Business Initiative Cohort
Business

Norrsken East Africa Empowers Female Entrepreneurs in Rwanda with Second Women in Business Initiative Cohort

Aisha AdedunmolaApril 23, 2024April 23, 2024

Norrsken East Africa has launched its second round of the Women in Business Initiative in Rwanda, aiming to support female…

Explainer: Why the US government is trying to ban TikTok
Business

Explainer: Why the US government is trying to ban TikTok

Aisha AdedunmolaApril 23, 2024April 23, 2024

The US House of Representatives passed a bill on Saturday that would give TikTok’s Chinese owner, ByteDance, about a year to…

Vivendi’s Canal+ Offers $1.9 Billion to Acquire MultiChoice
Business

Vivendi’s Canal+ Offers $1.9 Billion to Acquire MultiChoice

EditorApril 9, 2024April 9, 2024

In a significant move in the media industry, Vivendi’s French media division, Canal+, has put forward a mandatory all-cash offer…

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,…

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