Rural electricity is set to unlock the potential of Ethiopias economy, according to a report by Rocky Mountain Institute
Finance
Nigeria's inflation inches up in March 2020
Nigeria’s inflation rate rose to 12.26 per cent in March 2020 from 12.20 per cent in February and 12.3 per cent and January 2020, maintaining a consistent rise for eight months
Chinese investment in Africa to boost power sector
South Africa-China Economic and Trade Association (SACETA) has entered into a partnership with Africa Oil & Power (AOP), Africa’s one of the leading energy event organiser, to introduce Chinese corporations in Africa
Cloud-computing to reduce banking costs in Africa
More than 700mn Africans lack access to a bank or mobile money account and only 41 per cent of Africans are financially included, according to the report Cloud Banking in Africa: The Regulatory Opportunity by Genesis Analytics and Orange Business Services
AfDB places Zhongmei Engineering Group on conditional non-debarment
The African Development Bank (AfDB) has announced a 12-month conditional non-debarment of Zhongmei Engineering Group Limited, an engineering company registered in Uganda