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Editorial Staff

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GE Oil & Gas expands global footprint with new facility in...

GE Oil & Gas has opened a new facility in Takoradi Port in Ghana, expanding its global footprint and supporting local investment. The company...

Landmark 80MW peat to power project in Rwanda reaches financial close

A $350 million deal to finance an 80 megawatt (MW) peat to power project in Rwanda, which will improve access to electricity for the...

Africa to hit 1bn in mobile subscriptions soon

DESPITE on-going economic challenges and some tricky regulatory issues, Africa is fast approaching the 1 billion mobile subscriptions landmark. The continued rollout of 3G...

Orange launches its brand in Burkina Faso and strengthens its positions...

ORANGE, one of the world’s leading telecommunications operators, has launched its brand in Burkina Faso. Less than one year after the closing of the...

Africa’s intelligentsia must get rid of its ‘Bad Smell’

Sylvie Aboa-Bradwell takes on some of Africa's intelligentsia for burying their heads in the sand Among certain segments of the African intelligentsia, blaming Western colonisation...

DFID’s £9.4m green energy project for Africa fails to light up

A UK government-funded project to help bring renewable energy to Africa has failed to deliver a single gigawatt of power after five years of...

Supporting basic education through diaspora remittances: Joseph’s story

NIGERIA is the most populous country in Africa, with estimates ranging from 180 to 190 million people. Youth make up the majority of this...

N2.2trn undisclosed debt increases Nigeria’s risk profile

EARLIER this month, the Nigerian government announced, via its Twitter page (@AsoRock), that it had found NGN2.2trn ($7bn) of previously unrecorded debt on its...

How high interest rates impact SMEs in East Africa

SMALL and medium businesses in East Africa should be looking at ways to maximise their efficiency and improve debt management to navigate the risks...

AfDB approves $75m for Kenyan bank’s funding to enterprises in East...

THE African Development Bank (AfDB) has approved a $75 million financial package comprising $50 million line of credit (LoC) and $25-million Subordinated Debt to...