The largest-ever outbreak of Ebola could drain billions of dollars from economies in West Africa by the end of next year if the epidemic is not contained, the World Bank said in an analysis on Wednesday.
One in 10 Africans are logging on to Facebook every month, the world's No.1 online social network said on Monday, presenting a new target audience for advertisers.
India's Bharti Airtel Ltd (BRTI.NS) has agreed to sell more than 3,500 of its mobile phone masts in six African countries to telecommunications tower company Eaton Towers in a bid to cut costs, the companies said on Monday.
Facebook Inc (FB.O) is prepared to spend billions of dollars to reach its goal of bringing the Internet to everyone on the planet, Chief Executive Mark Zuckerberg said on Friday.
Ebola is causing enormous damage to West African economies, draining budgetary resources and slashing economic growth by up to 4 percent as foreign businessmen leave and projects are canceled, the African Development Bank president said.
A British national living in Sierra Leone has tested positive for Ebola, the first Briton to fall victim to the deadly disease that has spread across the West African region since March, the Department of Health said on Saturday.
At least 25 people died when a gold mine collapsed near the Central African Republic town of Bambari, a spokesman for the mainly Muslim Seleka rebels which run the mine said on Friday.
The world's biggest mining company, BHP Billiton BHP.AX BLT.L, announced plans to spin off businesses worth an estimated $16 billion, most of them acquired in a 2001 merger, to focus on its most profitable activities.
Nomanini was able to secure an additional investment of ZAR 4.8 million ($449,000) from the Industrial Development Corporation (IDC). The company provides a unique and colorful mobile Point-of-Sales (Pos) terminal to mobile operators...
President Barack Obama will announce on Tuesday that U.S. businesses have committed to investing $14 billion in construction, clean energy, banking, and information technology projects across Africa, a White House official said.
General Electric Co (GE.N) on Monday pledged to invest $2 billion in Africa by 2018 to boost infrastructure, worker skills and access to energy, an announcement timed to coincide with a U.S. summit meeting of nearly 50 African leaders.
Technology startups in Africa help mobile and internet usage increase and continually grow in the future. Currently, about 16 percent of the continent’s population has access to the internet and is increasing. This makes Africa a transformative potential in the digital world. Listed below are promising tech startup companies that show impressive development since its operation.
Safari the warrior crouches in the bush - a digitized heroine from the new mobile phone game "Afro Fighters" that its Nigerian creator hopes will soon rival the likes of Clash of Clans or Angry Birds on the world's handsets.
Two unions representing some of Telkom SA's workers said on Tuesday they would take the South African landline provider to court over possible retrenchments.
South African telecommunications company Telkom (TKGJ.J) made a second stab at buying IT infrastructure firmBusiness Connexion (BCXJ.J) with a 2.7 billion rand ($256 million) offer, seven years after competition concerns scuppered its first bid.
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