Following the TICAD in Abidjan, the Japanese government has embarked on its African Business Education Initiative for Youth. It is a $30 million part public, part private initiative set to boost health and infrastructure in the continent. [...]
A presidential order to bring in 1,500 school buses to Angola from Austrian company GOTRANS Gmbh Vienna for $306 million has been issued. This is set to follow the guidelines set by the Public Investment Programme (PIP), that is intended to bring in social and economic investment to the country. [...]
Quartz takes a look at the results of private equities deeper involvement in African society. Taking particular focus on the Côte d’Ivoire hosted African Private Equity and Venture Capital Association (AVCA) conference, Quartz looked at how private equities in Africa are undertaking a larger [...]
After previously deciding to exempt them from caps to oil output due to civil unrest, OPEC has elected to cap Nigeria’s oil output. This series of caps in production are expected to last until March 2018 by which time OPEC hopes that oil prices will have recovered. [...]
Africa is seeing a rise in “smart cities” as evidenced by Accra’s Hope City, Nigeria’s Eko Atlantic and Kigali’s Vision City. What the creation of these cities means for the future of the landscape of the continent is explored by Quartz Africa’s Lily Kuo. [...]
After failing to renegotiate the terms of a loan agreement with its various bank donors, Etisalat has lost the Mubadala fund. Although details of the pullout are unclear, this remains significant as Mubadala owns up to 40% of Etisalat Nigeria. It is only the latest in a series of [...]
Ahead of their upcoming launch Air Senegal SA has purchased two aircraft from ATR. The airline will be Senegal’s first since Senegal Airlines ceased operations last year. The airline intends to serve as a conduit for West Africa in its immediate future, while harboring plans for an eventually [...]
Three eco-friendly airports are being built around South Africa to add to the three already in operation. The standout of these the George Airport is being used as a case study, throughout the continent, on how environmentally friendly airports can work on the continent. While the model for all [...]
The British electronic money operator WorldRemit has projected their revenue in Africa to double by 2020 due to the proliferation of mobile payments in the continent. As a sign of their confidence in their operations in Africa they plan to open an office in (their largest market), South Africa, [...]
Akinyi Ochieng profiles various West African based chocolatiers in this Quartz Africa piece. A rising African middle class is leading to a larger demand for chocolate, which should increase the continent’s paltry 4 percent share of global consumption, a figure which is more stark when [...]