Major Rwandan high-tech IT firm and now technology manufacturer Mara just announced it is manufacturing the African continent's first fully made-in-Africa smartphone with high-tech specs.
Tender and Business News
The Arab Bank for Economic Development in Africa (BADEA), based in Khartoum, Sudan, has purchased an equity stake in the Eastern and Southern African Trade and Development Bank.
In a review held at the Africa Investment Forum 2018, the African Development Bank unveiled a new pipeline of over US $5 billion in private sector and public-private partnership projects for Lusophone countries on the continent.
The Democratic Republic of Congo and the Republic of Congo have signed a major agreement for the development and financing of the first road-rail bridge projects connecting the two country's capitals of Kinshasa and Brazzaville.
According to consulting group PwC's just-released annual Africa Oil & Gas Review, the outlook for the continent's oil and gas industry is favorable over the near term. The reason is the industry has been aggressively cost-cutting as price pressures grew tighter.
DP World Limited of the United Arab Emirates -- and its subsidiaries -- sued China for numerous damages for building an international trade zone on a terminal currently under dispute in Djibouti.
Work is already under way at the new $1.6 million housing project authorized under the country’s Beitbridge Redevelopment Program (BRP).
Danish wind power firm Vestas has received an order from Enel Green Power of Italy for the 148 MW South African Oyster Bay project, representing a major re-start of the entire South African wind market.
The Alibaba Group has selected Rwanda as the first location for a potentially groundbreaking alliance in the development of Alibaba's first African eWTP (electronic world trade platform), designed to drive major growth in Rwanda's cross-border trade and digital economy.
One of the bigger success stories for the African Development Fund was the construction of a group of alternative learning and skills development centers in Tanzania, for $32.7 million.
Oranto Petroleum, headquartered in Abuja, Nigeria, just signed off on a Memorandum of Understanding with the Republic of Niger, with the goal of soon signing production sharing contracts in Blocks R5, R6, Dibella and Dallol on the Tenere and Agadem Basins in Niger.
EDF, a diversified French energy firm, and BBOXX, a UK-based venture-based company focused on off-grid energy solutions in developing countries, have a strategic partnership initially aimed at a new program in Togo.
Malawi has received a US $15 million grant from the African Development Fund (ADF) for a major water supply and sanitation project.
A new ruling by the Executive Committee of the African Union greatly restricts the authority of the ACHPR in its fight to stop human rights abuses across Africa.
An October 25 ruling by the South African Constitutional Court over land mineral rights is about to change the balance of power between mining companies and the people forever.
For the last two months, EU NAVFOR's Italian warship Federico Martinengo hs been helping curtail piracy operations around the Horn of Africa, as part of a major cooperative counter-piracy venture which involved Somalia, the country of Djibouti and China.
The European Union just awarded the Government of Uganda a grant of $23.8 million to rebuild a once very important 375 kilometer stretch of railway known as the Tororo-Gulu line.
The African Development Bank has launched a new global program to turn the African Savannah from its current status as "Sleeping Giant" to becoming the cradle of the continent's green revolution.
In a just-published paper, researchers say that areas set aside to protect African lions are failing because of lack of funds.
Impala Platinum announced on October 18 that it was launching a major restructuring of its platinum mining business.
Prime Minister Abiy Ahmed is about to make a major mark on the country again, this time through the selection of a cabinet of 50% women.
Nigeria's Fidelity Bank Plc just received a US $50 million line of credit from the African Development Bank (AfDB) to help develop small-to-medium-sized and women-owned enterprises in certain targeted business sectors.
On October 15, the Gambia launched its much-awaited Truth, Reconciliation and Reparations Commission (TRRC).
Egypt will be receiving €214 million in funding from the European Investment Bank (EIB) to support the Kitchener Drain depollution project.
The African Development Bank (AfDB) has approved funding of US $500 million to help fund improvements and expansion of the power grids in both Rwanda and South Africa.