Club Africa

High speed internet ‘by balloon’ in Kenya

In Kenya, a series of Alphabet Inc’s Loon balloons will be launched to beam high-speed Internet access to cover rural and suburban populations.

Uganda to refine its own oil

Uganda, that targets to start oil production from its western Lake Albert region in 2020, has plans to refine its own oil.

Uber expands in Africa: ‘Uber Eats’ to be launched in Kenya

Uber plans to launch its food delivering service Uber Eats in Nairobi, Kenya and Cairo, Egypt. It is already in Johannesburg, Cape Town, and Durban.

Saudi Arabia invests $10 billion in South African economy

The Saudi government will invest in South Africa’s energy sector, enabling the construction of new oil refineries, and in renewable energy.

Global Disrupt 100 Index includes four African startups

Four African tech startups Global Disrupt 100 Index ranking: Kenya’s Pawame and BRCK, Ghana’s AgroCenta, and South Africa’s Sun Exchange.

Nigeria to invest €1 billion to deal with electricity shortages

The Nigerian government successfully secured one billion dollars of credit from the World Bank to improve access to electricity.

2018 Cost of Living Survey: Luanda and N’Djamena expensive cities

Two African cities are among the world’s most expensive business locations. Luanda, Angola, ranks 6th. N’Djamena, Chad, is in 8th place.

Cocoa: Europe dominates the market, Africa produces

African countries produce and export over two-thirds of global cocoa, but Europe is the largest producer and exporter of chocolate in the world.

Camel milk for sale in refrigerated ATMs - Kenya

ATMs in Wajir town in northeast Kenya distribute fresh, cooled pints of camel milk. Demand is booming, as camel milk is healthy and nutritious.

African agri-tech industry is growing

The number of start-ups in Africa’s agri-tech industry has grown 110 per cent in two years. In Africa, 82 agri-tech start-ups are currently in operation.

Tunisia: great breeding ground for entrepreneurs

Tunisia is the best country in Africa for entrepreneurs, according to the 2018 Global Entrepreneurship Index (GEI).

Buy citizenship of Mauritius for $1 million

Mauritius sells its citizenship for $1 million. Applicants pay $100,000 for each dependent and spouse; applicants will also pay $50,000 per passport.