Kenyan roads are full of motorcycles taxis, known as boda bodas that are much cheaper rides to car taxis. Google, part of the U.S. firm Alphabet Inc, already provides the service in Asian nations, such as India. “For over a million Kenyans, boda bodas are a convenient and affordable way to...
Kenya’s telecommunication service provider, Safaricom, has been named as the best employer in Africa and 67th in the world by Forbes business magazine that ranked 500 publicly-traded companies from 60 countries. The ranking was based on analysis of more than 430,000 global recommendations in which employees were asked to rate...
An Ethiopian airline on Saturday made the first commercial flight between Addis Ababa and Mogadishu in 41 years, in yet another sign of warming ties between neighbouring Horn of Africa nations Ethiopia and Somalia. A plane from the private airline Ethiopia National Airways landed at Mogadishu's Aden Adde airport, and...
A recent World Bank report showed that Somalia has one of the most active mobile money markets in the world, outpacing most other countries in Africa. It’s even superseded the use of cash in the country of 14 million people. Victor Owuor asked Tim Kelly, an information and communications...
Around 90% of Ghana’s industrial fishing fleet is linked to Chinese ownership, an investigation by the Environmental Justice Foundation (EJF) has claimed. This is despite the fact that Ghana’s laws clearly forbid any foreign ownership or control of vessels flying its flag. "The Chinese and Ghanaian governments must now work together...
Kenya’s ability to generate higher revenue by introducing new taxes may have reached a peak, according to the World Bank. Tax revenue as a ratio of gross domestic product fell to the lowest more in a decade in the fiscal year through June 2018 and the only way to turn...
One month after attending the China-Africa Cooperation (FOCAC) in Beijing, Sierra Leone’s president wants the country to turn its back on a piece of China’s largesse. President Julius Maada Bio, who took office in April, has cancelled a loan deal signed by his predecessor for China to build a new $400...
Zimbabwean government has launched a transitional stabilisation programme in a bid to set the economy on a recovery path after years of stagnation. The programme, which runs from October 2018 to December 2020, was announced by Finance and Economic Development Minister Mthuli Ncube this afternoon. “The Transitional Sabilisation Programme seeks to...
An 18-month trial of tests by scientists researching the reproductive system of female African lions at the University of Pretoria has resulted in world’s first lion cubs born by artificial insemination. Born back in August, the two cubs are healthy according to the university’s head of mammal research. The breakthrough is...
Africa’s largest telecoms operator, MTN may be slowing on plans to launch an initial public offering (IPO) in West African country Nigeria. After agreeing to the IPO as part of a $1.7 billion settlement of a protracted SIM card dispute two years ago, the South Africa-headquartered MTN is considering scrapping those...