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Hifikepunye Pohamba

Pohamba calls on foreign firms to invest in Namibia's infrastructure development

During the inauguration of the Keemanshoop Old Mutual Retail Centre yesterday, Namibia President Hifikepunye Pohamba called on foreign firms to invest in the country's infrastructure development to help the improve its economy.

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Kenyan startup CladLight creates Smart Jacket to reduce motorbike accidents

Kenya-based wearable tech startup CladLight created the Smart Jacket, a wearable jacket with modified reflector and transmitter, to make motorbike driving more stable and help reduce the number of accidents in the country.

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Catalyst scoops up majority stake in Tanzanian logistics company EFFCO

Nairobi, Kenya-based private equity firm Catalyst Principal Partners acquired Dar es Salaam, Tanzania-based heavy equipment rental and logistics firm EFFCO for an undisclosed amount as part of its strategy to invest in high-growth companies in eastern Africa.

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