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Digital technologies provide fertile ground for Africa, European Union
April 19, 2018

European Union Commissioner Mariya Gabriel has reiterated Europe’s commitment to help Africa build a single digital market, so that e-commerce can pave the way to better jobs and greater equality on the continent.

Mindful of its own experience in building a single digital market, the European Union is dedicated to helping Africa do likewise and help unleash the transformative power of e-commerce on the continent, the EU’s digital economy and society commissioner, Mariya Gabriel, has said.

Information and communications technologies (ICTs) have boosted economic development worldwide, with estimates showing that, for example, a 10% increase in internet access gives a 1.2% push to per capita gross domestic product (GDP).

Getting more people affordable and reliable connections in Africa, where broadband penetration is as low as 16% in some parts of the continent, is therefore key to growing the economy and fighting poverty.

Better connectivity will also be an important step to"...

March 20, 2018

Algerian Army Chief of Staff on Sunday warned that Algeria's sovereignty, security and stability is a red line that no one can cross.

Lieutenant-General Ahmed Gaid Salah said there is 'no room' to harm the country's 'security,"...


April 19, 2018

Music thumped throughout the room as strobe lights dispersed rainbow hued beams around the space as the audience shuffled to fill chairs that outlined the perimeter of the makeshift runway.

Nerves coiled in Designer Odunuyi’s stomach as she stood with baited breath waiting for the first model of her Spring Fashion show to emerge onto the stage.

This"...

April 19, 2018

Morocco’s largest telecom operator “Maroc Telecom” completed the acquisition of a 10% stake in ONATEL on the Abidjan Regional Stock Exchange for €41 million, bringing its shareholding in the Burkina Faso subsidiary to 61%.

This transaction, at a price of CFAF 8,000 per share, allows Maroc Telecom to strengthen its stake in the leading operator in Burkina Faso, said Maroc Telecom"...

April 19, 2018

Boeing predicts that African carriers will need 1 220 new airliners to meet 5.9% annual commercial airline growth between 2017 and 2036. African airlines currently have a total of 74 Boeing aircraft on order at the moment and Boeing aircraft comprise nearly 70 percent of African airlines’ in-service fleets.

Today, more than 40 airlines operate over 400 aircraft throughout Africa and almost 70 percent of those in-service fleets are made up of Boeing aircraft."...

April 19, 2018

First National Bank has today announced eWallet eXtra, a digital bank account that can be opened from a mobile device for unbanked South Africans.

According to FNB, the mobile bank account is intended to plug the gap between its eWallet offering and traditional bank accounts that “do not meet the unique needs of irregular income earners such as seasonal workers.”

FNB"...

April 19, 2018
It’s been four months since Algeria launched its first communication satellite programme in Orbit in cooperation with China. The Alcomsat-1 satellite was carried into orbit by a Chinese Long March 3B rocket from Xichang Satellite Launch Center in Sichuan Province. It has since begun operation this month, according to China Great Wall Industry Corp, the project’s chief contractor. An in-orbit delivery ceremony for the Alcomsat-1 was held at the Algerian Space Agency’s headquarters in Algiers this month, news site, Xinhua reports. As it was mainly designed for telecommunications purposes, the Alcomsat-1 satellite will be used by Algeria for broadcast and television, emergency communication, e-governance, enterprise communication, distance education, broadband access and satellite-based navigation. Algeria’s......

April 19, 2018

The 4th IBFD Africa Tax Symposium draws together tax professionals from industry, practice, government, civil society and the judiciary to explore important developments in international taxation affecting Africa. This year’s symposium will be held from 9-11 May at the SarovaWhitesands Beach Resort in Mombasa, Kenya.

In just three years, the ...