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The company targets the low-income population in remote areas through small shopkeepers who serve as order and delivery points.

E-commerce platform Copia raises $26 mn Series B funding led by LGT Lightstone

Our Correspondent3 Dec 2019 7:04 PM IST

A six-year-old Kenyan e-commerce platform Copia has raised $26 million (KSh2.6 billion) in a Series B funding round led by LGT Lightstone, with...

Ambassador Erastus Mwencha, TMEA board chair; and ambassador Albert Muchanga, commissioner for trade and industry, AU.

AU, TradeMark East Africa join hands to boost intra-African trade

Our Correspondent30 Nov 2019 10:31 PM IST

The African Union, a continental body consisting of the 55 member states and TradeMark East Africa (TMEA), one of the largest aid-for-trade...

Black Friday originated in the US and has fast become known as the start of the famous sales weekend following Thanksgiving Day, with brands offering unprecedented deals and discounts to shoppers.

DHL Africa eShop opens Black Friday sale on internationals brands

Our Correspondent27 Nov 2019 8:57 PM IST

Founded in 2012 by Sacha Poignonnec and Jeremy Hodara – former McKinsey consultants, the platform operates in 14 countries making it the leading e-commerce firm in the continent.

Jumia ends ecommerce operation in Cameroon

Our Correspondent25 Nov 2019 4:46 PM IST

Ghanaian president Nana Addo Dankwa Akufo-Addo, the president of the AfDB Akinwumi Adesina, senior officials from Credit Suisse and ICBC, oversaw the signing at a ceremony held at Africa Investment Forum in Johannesburg.

AfDB signs $600 mn loan agreement with partners to boost Ghana’s cocoa production

Our Correspondent13 Nov 2019 4:30 PM IST

Koffi Klousseh, Africa50’s project development director; and Richard Nelson, deputy coordinator

Power Africa, Africa50 ink pact for energy projects

Our Correspondent13 Nov 2019 4:11 PM IST

Ras Ghareb Wind Energy is the first wind farm tendered on BOO scheme and is part of the Egyptian government’s drive to increase the share of renewables in the energy mix with a target wind generation capacity of 7 GW by 2022.

ENGIE Africa consortium begins operation of Egypt’s first largest wind farm

Our Correspondent4 Nov 2019 9:17 PM IST

Kojo Oppong Nkrumah, Ghana information minister said the huge investment is to step up Ghana's production to 1.5 million tonnes by 2027.

Ghana's cocoa sector to receive $600 million to increase production

Our Correspondent4 Nov 2019 7:28 PM IST

The strategy supports the establishment of a dedicated AfCFTA committee to help the private sector to identify new markets on the African continent.

Togo sets seven strategic action points for implementing AfCFTA

Our Correspondent24 Oct 2019 6:07 PM IST

(L - R): Joohoon Kim, chargé d’ Affaires of the Republic of Korea in Angola; Moono Mupotola, AfDB director for regional development & regional integration; Joffre Van-Dúnem Júnior, minister of commerce; Sérgio dos Santos, secretary of state for economy; Joseph Ribeiro, AfDB country manager for Angola.

AfDB funds Angola to improve business environment, diversify exports

Our Correspondent24 Oct 2019 5:50 PM IST

FISH4ACP is set to kick off in early 2020 with value chain assessments aimed at pinpointing the main challenges. Photo: Food and Agriculture Organization

EU grants €40 mn to boost sustainable fisheries, aquaculture in Africa

Our Correspondent24 Oct 2019 5:35 PM IST

LUKOIL CEO Vagit Alekperov and minister of mines and hydrocarbons of Guinea Gabriel Mbaga Obiang Lima signing the MoU at Russia–Africa Summit in Sochi.

LUKOIL inks exploration pact with Guinea

Our Correspondent24 Oct 2019 4:32 PM IST