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East Africa economic news

Transaction banking is dead: Econet Wireless founder Says

East Africa economic news, Economic news, Southern Africa economic news /

Follow us on Twitter: @GoAfricaNetwork As the evolution of mobile banking continues to disrupt the financial services sector, the founder and executive chairman of privately held telecoms conglomerate Econet Wireless Group sounded the death knell for traditional transaction banking. “The transactional side of banking is gone,” Strive Masiyiwa tells This Is Africa on the side […]

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South Korean bank partners to support growing Africa ties

East Africa economic news, Economic news, North Africa economic news, Southern Africa economic news, West Africa economic news /

Follow us on Twitter: @GoAfricaNetwork Although it is the most talked about, China is not the only Asian economy looking to Africa – and bankers are moving to facilitate the flow of capital. A case in point: South Africa’s Standard Bank announced a partnership on 23 April with the largest bank in South Korea to

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Chinese rail firm signs $5.5 bn worth of deals in Africa

East Africa economic news, Economic news, North Africa economic news, Southern Africa economic news, West Africa economic news /

Follow us on Twitter: @GoAfricaNetwork China Railway Construction Corp Ltd (CRCC) has signed two deals worth a combined $5.5 billion for construction projects in Africa, Xinhua reported late on Monday, as the country’s railway firms increasingly flex their muscle overseas. CRCC’s China Civil Engineering Construction Corporation (CCECC) unit will work on a $3.5 billion intercity

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What are the biggest challenges facing start-ups in Africa?

East Africa economic news, East Africa technology news, Economic news, North Africa economic news, North Africa technology news, Southern Africa economic news, Southern Africa technology news, Technology News, West Africa economic news, West Africa technology news /

Follow us on Twitter: @GoAfricaNetwork Starting a new business within the continent of Africa can be as terrifying as it is exciting. At any given time, a fledgling company can come up against a number of common challenges. From hiring the right people to defining your brand… start-ups must overcome these obstacles to ensure success.

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About Kenya’s Open data Project

East Africa economic news, Economic news /

Introducing the Kenya Open Data Initiative: The bigger picture This site makes public government data accessible to the people of Kenya. High quality national census data, government expenditure, parliamentary proceedings and public service locations are just a taste of what’s to come. Our information is a national asset, and it’s time it was shared: this

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Uber for Business takes off in Nairobi (Kenya)

East Africa economic news, East Africa technology news, Economic news, Technology News /

Follow us on Twitter: @GoAfricaNetwork Cab hailing technology platform Uber Nairobi has announced the kickoff of Uber for Business, its exciting corporate offering to allow business travelers to get around with ease and as well help companies save money and manage their travel budgets. Just like the personal Uber account, firms create an Uber corporate

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Gilat Satcom unveils satellite service for rural Africa

East Africa economic news, East Africa technology news, Southern Africa economic news, Southern Africa technology news /

Follow us on Twitter: @GoAfricaNetwork Gilat Satcom has unveiled the launch of its ‘Village Island’ portfolio, which according to the company enables rural villages and remote communities in Africa where ARPUs are low to take control of their digital futures. According to the company, the Village Island will be launched at the Innovation Access Digital

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Mobility device maker ZTE selects Mitsumi as distribution partner for Africa

East Africa economic news, East Africa technology news, Technology News, West Africa economic news, West Africa technology news /

Follow us on Twitter: @GoAfricaNetwork ZTE Corporation has selected Mitsumi Distribution as its strategic distribution partner for the continent. The agreement is expected to cover Nigeria, Kenya, Zambia, Ethiopia, Tanzania, Uganda, Ghana, Democratic Republic of Congo, Rwanda, Ivory Coast, Mauritius, Namibia, Tunisia, Cameroon, Madagascar, Burundi, Zimbabwe, Botswana. The companies have agreed to co-invest in technical

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Research survey set to track FTTH/B penetration in Africa

East Africa economic news, East Africa technology news, Economic news, North Africa economic news, North Africa technology news, Southern Africa technology news, Technology News, West Africa economic news, West Africa technology news /

Follow Us on Twitter: @GoAfricaNetwork 52 African countries are now connected to submarine cables, either directly or by terrestrial cross-border fibre optic networks. 44% of Africans live within a 25-km reach of a fibre node. The key question now is which cities and suburbs are taking the lead in building access networks? In an attempt

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Cloud Lending Solutions & BDO partner to Power Non-Bank Lending Globally

East Africa economic news, East Africa technology news, Economic news, Technology News, West Africa economic news, West Africa technology news /

Follow Us on Twitter: @GoAfricaNetwork Cloud Lending Solutions, the only end-to-end lending platform built natively on salesforce.com, today announced a strategic agreement with BDO Solutions to bring the company’s non-bank online lending platform to East Africa and the Indian Ocean. Nearly three billion individuals, entrepreneurs and small businesses worldwide are often shut out from traditional

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