AFRICA

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Women entrepreneurs in Kenya cash in on selling popular Maasai blankets

A women's group in Kenya is promoting use of the cultural Maasai blanket, a hand woven fabric done in bright colours that's associated with the pastoralist Maasai community. The Maasai blanket has done so well...

Senegal economy hoping for takeoff with new flagship airport

Senegal opens a flagship new airport on Thursday seven years later than originally planned but with ambitions to become a West African regional hub with a capacity for three million passengers. President Macky Sall will...

Uganda Central Bank cuts rate for second time as inflation outlook improves

Borrowers in Uganda are anticipating cheaper loans after the Central Bank cut its prime lending rates for the second time this year. Bank of Uganda has reduced the benchmark-lending rate to 15 per cent responding...

Senegal launches online portal to boost SMEs sales

Baobab powder, palm oil are just some of the natural and locally processed products that the government of Senegal wants to promote through the platform "Made in Senegal". Senegalese SMEs will now be able to...

South Africa moves closer to finalising nuclear power program

South Africa is edging closer to announcing the final details of its new nuclear power program. The government is planning to offer a $100 billion contract for the construction of up to 8 nuclear power...

South African startup using digital technology for cattle investments

Take a look at this concept of "Livestock Wealth" in South Africa! It is a new investment opportunity for the South African market - where you invest your money in cows rather than unit trusts...

Kenya Airways woes: Uganda protests high fares on Entebbe-Nairobi route

Uganda has written to Kenya Airways protesting high fares on its Entebbe-Nairobi route. An air-ticket costs on average over 300 dollars. Ugandan authorities say this is too high for the flight, which normally takes between...

Authorities in Nigeria’s Lagos city plant trees to mitigate impact

As negotiations on a deal on climate change continue in Paris, African cities are already taking the initiative to reduce their Green gas emissions and the effects of global warming. One of such cities is...

Global Business 12th December 2014

CCTV Africa launched Global Business Africa a daily show that focuses on in-depth business reporting. https://www.youtube.com/watch?v=ArAn2_1AyeM

Turning plastic bottles Into the building blocks of education

A small company in the east of Gauteng has figured out a way to turn recycled plastic into functional building material that can be used to build classrooms countrywide. Bottles2Build turns plastic waste into square-shaped...