Important Tasks for Entrepreneurs to Complete Before the End of the Year

Jessica Thiefels As 2019 lurks around the corner, entrepreneurs everywhere are scrambling to address tasks that have been on the back burner for longer than we’d like to admit. From website updates and filing restructures to customer outreach and expense tracking, many tasks are often sidelined in the...

Girma Wake, Tadesse Tilahun join Ethiopian Airlines board

Former CEO of Ethiopian Airlines, Girma Wake, has joined the board of directors of Ethiopian Airlines Group as of last week. Prime Minister Abiy Ahmed (PhD) last week appointed three new board members including Girma Wake, Tadesse Tilahun, CEO of National Oil Company (NOC) and Aklilu Hailemichael, state minister of the Ministry of...

IMF’s Lagarde Urges Angola to Do More to Cut Oil Dependence

Angola, Africa’s second-biggest oil producer, should lower the economy’s dependence on oil and its vulnerability to the commodity’s price fluctuations so that enough resources can be made available to improve living standards in the nation, International Monetary Fund Managing Director Christine Lagarde said. “Economic diversification in sectors other than oil is central to the...

Meet Bagarirayose, a customer care activist

In several occasions President Kagame never ceases to remind the public that the biggest challenge facing the country today is poor customer care that is still prevalent in both the private and public sectors. The head of state is often heard noting that despite the country registers major developments there is much more to...

Understanding Bitcoin in Kenya during the Festive Season

Paxful, a global peer-to-peer bitcoin marketplace, boasts more than 6 million trades in Africa for 2018 and reports that African users are leading on the website’s activityNAIROBI, Kenya, December 21, 2018/ -- Bitcoin concept was conceived barely a decade ago, and it remains as one of the most misunderstood yet widely known cryptocurrency. Reluctance to embrace this...

Ecobank, the Pan African Bank, appoints MFS Africa Ltd as Digital payment partner

The customers of Ecobank, the Pan-African Banking Group in 33 African countries, can now transact with over 170 million mobile wallets across the continentLOME, Togo, December 12, 2018/ -- Ecobank, The Pan-African bank announced today the appointment of MFS Africa  as Digital payment partner enabling cross-platform payment services for Ecobank account holders. The...

Equatorial Guinea Primed for Huge Growth as Host of 2019 ‘Year of Energy’

11 new oil and gas wells to be drilled in 2019, with $2.4 billion investmentMALABO, Equatorial Guinea, December 11, 2018/ -- 2019 to be bumper year for Equatorial Guinea’s oil and gas sector, with Year of Energy initiative providing impetus for intra-African cooperation; 11 new oil and gas wells to be drilled in 2019, with $2.4 billion investment; Emphasis...

Egypt pledges a number of initiatives to boost investment, integration and governance

A Guarantee Fund created to assist Egyptians companies to invest in the continentSHARM EL SHEIKH, Egypt, December 10, 2018/ -- Egypt sends a clear message of intent as it prepares to take over chairmanship of the African Union; A Guarantee Fund created to assist Egyptians companies to invest in the continent; Governance and the fight against...

Djibouti port eyes Rwanda and Burundi, to resume services to South Sudan

Djibouti will resume providing port services to South Sudan following the restoration of peace in the latter, official said. The chief executive of Djibouti's Duraleh Multipurpose Port (DMP), Mr Wahib Daher Aden, said they would also provide services to Burundi and Rwanda. “Just before the war in South Sudan broke, we were serving the country. Unfortunately, the war broke and we...

AEC2018: Moving the Africa Free Trade Area agreement ahead with quick win solutions

The African Continental Free Trade (AfCFTA) area aims to create a single continental market for goods and services, with free movement of business persons and investments KIGALI, Rwanda, December 5, 2018/ -- A total of 44 African nations signed the landmark African Continental Free Trade agreement earlier this year, with only 12 out of the required 22 countries ratifying the...

FACTS about TOPAFRICANEWS and why you need to advertise with this website

The website www.topafricanews.com was created in May 2018. Since the official launch of its activities, a number of people started congratulating us on the establishment of this website. Others have promised to advertise with us as they are keeping an eye on what we are doing. We took this time to let you know that we are very well placed to...

Rwanda appoints top marketing firm to capture North American market

Rwanda Development Board has appointed Myriad Marketing, an MMGY Global company as their North American representative. Myriad will manage the marketing, travel trade relations and public relations efforts in the United States and Canada. With service out of New York and Los Angeles, the Rwanda Development Board seeks to increase the US and Canadian visitation to the destination. “Myriad is proud to...

DUHUGURANE MU IHEREKANYAMAKURU

Ukabona ukora mu kigo runaka wenda murategura igikorwa runaka cg muragiteganya nyamara abafatanyabikorwa banyu cyangwa Abanyarwanda ntibabizi nyamara wifuza kubibagezaho. Ikibabaje hari benshi birengagiza Akamaro k'Ibinyamakuru mukubatambukiriza Itangazo rigenewe Abanyamakuru rimenyesha ibyakozwe cyangwa ibiteganya gukorwa kugira ngo nabo barigeze kuri rubanda. Hari n'abahura n'Ikibazo cyo kubura amafaranga bishyura ngo itangazo ritambuke ngo barahendwa. Ngamije kukubwira ko udakwiye kongera guhangayika...

Angela Merkel calls for more private investments in Africa

On October 30, German Chancellor Angela Merkel welcomed twelve African leaders in Berlin to take part in the “Compact with Africa” summit. An initiative to tackle unemployment in Africa as well as mass migration. Pledging for more private investments in Africa After announcing that she would retire from politics in 2021, Angela Merkel hosted a summit of African leaders to...

Now South Sudan eyes increased oil production

Following the recent peace agreement between the government and Riek Machar-led rebels, South Sudan hopes to restore oil production to 350,000 barrels a day as was the case before fighting erupted in December 2013. Oil is the major export revenue in South Sudan fell between 130,000 to 150,000 barrels after the country was plunged into bloody chaos in December 2013. "The...

Morocco’s Attijariwafa bank to eye new Africa acquisitions from late 2019

JOHANNESBURG: Morocco’s Attijariwafa Bank plans to launch a new acquisition push in Africa late next year, starting with Rwanda, Kenya and Ethiopia, a bank executive said on Thursday. Attijariwafa, one of Morocco’s biggest banks that is controlled by the royal family through its Al Mada holding company, already has subsidiaries in Cameroon, Congo Republic, Egypt, Gabon, Ivory Coast, Mali, Mauritania,...

Doing Business: Rwanda promises to improve construction Permits Reforms

Rwanda has promised to do whatever possible to erase all obstacles that have led the World Bank Doing Business report to rank it in three digits category regarding the process of dealing with construction permits. The World Bank Doing Business report, released Wednesday, ranked Rwanda at 106th position in terms of dealing with the construction Permits. Currently, it takes 113 days...

Rwanda, Alibaba Group Enter into Agreements to Promote Economic Development

Rwandan President Paul Kagame and Alibaba Group Executive Chairman Jack Ma witnessed the signing of three Memoranda of Understanding (MoU) between the Rwandan Government and Alibaba establishing an eWTP (electronic world trade platform) hub in Rwanda. The agreements are intended to strengthen cooperation in support of Rwanda's economic development by promoting policy innovation, enabling cross-border trade of Rwandan products to Chinese...

Rwanda to host African Economic Conference in December

"The 2018 African Economic Conference (AEC) will present practical solutions from experts in regional integration and the private sector," said a senior official at the African Development Bank, during a preparatory meeting of the next ACS, on Thursday 25 October 2018 in Abidjan. This edition of the ACS, the thirteenth, to be held in Kigali, Rwanda, from 3 to 5...

Preparations in High Gear for the 9th East African Petroelum Conference and Exhibition 2019

The 9th East African Petroleum Conference and Exhibition 2019 (EAPCE’19) will be held from 8th to 10th May, 2019 at the PrideInn Paradise Beach Resort, Convention Center and Spa in Mombasa, Kenya. The conference organized by the East African Community (EAC) Secretariat and the EAC Partner States is expected to attract more than 1,000 participants. The 2019 edition of the biennial conference under...

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Somalia recalls its Geneva envoy over abstaining from vote

MOGADISHU (Halbeeg News)-Somali ambassador to Switzerland, Faduma Abdullahi Mohamed was Saturday summoned by the country’s Foreign ministry over abstaining from UN Human...