Safaricom is one of 30 global corporate heavyweights that will work together to free up trillions of dollars of private sector funds for sustainable development, in conjunction with the United Nations. The Kenyan telecoms giant's leader will join the Global Investors...

Kenya’s President Uhuru Kenyatta yesterday opened the second phase of Standard Gauge Railway (SGR) project – Kenya’s largest infrastructure project since independence. The US$1.5 billion railway, funded and built by Chinese companies, comprises a stretch of track running from capital city...

South Africa’s President Cyril Ramaphosa has revealed that embattled state-run airline South African Airways (SAA) is open to outside investment and in talks with a number of potential private partners. The airline has been heavily saddled with debt for the best...

The African Export-Import Bank (Afreximbank) is considering an initial public offering (IPO) of global depositary receipts on the London Stock Exchange (LSE). The Cairo-headquartered bank said it is considering the London listing to fund its expanding operations and take advantage of...

Rwanda’s Mara Group has officially opened Africa’s first smartphone manufacturing facility in capital city Kigali and launched two smartphones that have been called the first ‘made in Africa’ models. Located in Kigali’s special economic zone, the factory employees over 200...