Wednesday, March 12, 2025

News

Former NSE boss Geoffrey Odundo Appointed as Nation Media Group CEO

Nation Media Group (NMG), East Africa's largest independent media house, has announced the appointment of Geoffrey Odundo as its new Group Managing Director and Chief Executive Officer (CEO). The...

Ghana’s Inflation Eases for Second Consecutive Month

The recent easing of inflation in Ghana marks a significant development in the country's economic landscape. After experiencing...

South Africa Unveils Bold Logistics and Rail Investment Plan to Revive Economy

In a major push to overhaul South Africa’s struggling logistics and rail infrastructure, Transport Minister Barbara Creecy has...

Angola’s Public Debt in 2025: A Deep Dive into Loan Defaults and Financial Challenges

As of 2025, Angola's public debt has risen sharply to 57.4 trillion kwanzas (approximately 58.61 billion U.S. dollars),...

SASSA Announces February 2025 Grant Payment Dates: What Beneficiaries Need to Know

The South African Social Security Agency (SASSA) has released the payment schedule for various social grants for February...

Transnet gets financial impetus to improve South Africa’s freight and rail sector

The New Development Bank (NDB) signed a  R5 billion loan agreement with Transnet, South Africa’s leading freight transport and...

naamsa releases august 2024 new vehicle sales statistics

Reflecting on the new vehicle sales statistics naamsa | The Automotive Business Council said that the positive July 2024...

South Africa seeks to bolster logistics investment amid challenges

South Africa remains confident that the implementation of the Freight Logistics Roadmap will enable investment in South Africa’s ports...

GCCA issues call to action on food supply chain resilience and boosting trade in...

African policy leaders must support robust growth in the cold chain for the success of the African Continental Free...

Kenya Airways posts first half-year profit after decade of losses

Kenya Airways PLC has announced a significant milestone in its journey towards profitability, marking the first time the airline...

Qatar Airways acquires 25% stake in South Africa’s Airlink

Qatar Airways Group has acquired a 25% stake in Southern Africa’s premier independent regional carrier, Airlink. The announcement is...

Tanzania’s East Africa Commercial and Logistics Center opens in October

The East Africa Commercial and Logistics Center is located in UBUNGO District in Dar es Salaam will be opened...

Bankrupt Kenya’s Mobius Motors gets New lease of life

An unidentified buyer has come to the rescue of Mobius  Motors, a Kenyan car maker that was set for...

Ethiopian Airlines seeks to revolutionize air travel with $6 billion airport

Ethiopian Airlines has signed a technical advisory and consultancy contract with Dar Al-Handasah Consultants (Shair and Partners), a partner...

boatica Cape Town showcases the thriving South African boatbuilding sector

Cape Town, South Africa, is reaping the rewards of its burgeoning blue economy, a sector that injects billions of...

AfDB boosts Transnet business recovery plan

The African Development Bank Group has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa’s...

Zero Carbon Logistics, SANY Global partner for South Africa’s first electric truck highway

Zero Carbon Logistics has signed a Memorandum of Understanding with Chinese multinational company SANY as their official technology providers...

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