Africa

Ebola in Conakry, Guinea

Ebola could drain billions of dollars from African economies: World Bank

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.

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Facebook logo

Facebook targets advertisers as 100 million log on in Africa

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.

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Bharti Airtel

Bharti Airtel to sell over 3,500 African mobile phone masts to Eaton Towers

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.

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Facebook founder Mark Zuckerberg

Facebook ready to spend billions to bring whole world online: Zuckerberg

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.

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Health workers wearing protective clothing prepare to carry an abandoned dead body presenting with Ebola symptoms at Duwala market in Monrovia August 17, 2014.

Ebola causing huge damage to West Africa economies: development bank

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.

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Ebola

British national contracts Ebola in Sierra Leone

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.

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African mineral exploration

Rebel-held mine collapses in Central African Republic, killing 25

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.

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BHP Billiton sign

BHP unveils spin-off but disappoints with no buyback

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.

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Nomanini PoS

Nomanini secures additional ZAR 4.8million investment for international expansion

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...

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U.S. President Barack Obama

Obama to announce $14 billion in U.S. corporate investments in Africa

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.

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General Electric

GE to invest $2 billion to boost African energy, infrastructure

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.

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Pesapal

Top 20 African tech startups, PesaPal, mobile services providers in the lead

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.

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Kuluya Games

Digital warriors battle to get African games on phones

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.

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Telkom

Two unions to take South Africa's Telkom to court over planned retrenchments

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.

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Sipho Maseko

South Africa's Telkom takes second shot at IT firm BCX, offers $256 million

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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