Business

On Wednesday, 10th November 2021, Econet Group announced the launch of Cassava Technologies as its new parent company.

DP World, a renowned trade enabler, has announced the launch of its global wholesale e-commerce platform DUBUY.com in Kenya, this latest expansion follows its successful launch in Rwanda earlier this year.

In a pop-up notification on its website, DHL Africa stated that it is shutting down its pan-African online retail platform, Africa e-Shop, on 30th October 2021.

AutoChek, an automotive technology company using technology to re-create the buying, maintenance, and selling experience of automobiles in Africa, has officially launched in Kenya.

The Central Bank of Nigeria has issued a revised regulatory framework for Bank Verification Number operations in line with its overall strategy to promote financial system stability in Nigeria.

Zimbabwe’s leading industrialists have warned that the country’s currency is in danger of collapsing as businesses are resorting to United States dollar transactions.

South African food and beverage maker Pioneer Foods has recalled its Ceres apple juice brands sold in seven Comesa markets, including Kenya and Uganda, reportedly because of high Patulin levels.

Air Tanzania recently acquired 2 Airbus A220-300 and is set to launch direct flights to Nairobi, Bujumbura, and Lubumbashi in November, stepping up competition for neighbouring airways.

Access Bank Plc has completed the acquisition of a majority stake of 78.15 percent in African Banking Corporation of Botswana Limited, BancABC Botswana.

Klasha, a San Francisco and Lagos-based cross-border company that provides technology infrastructure services for cross-border commerce in Africa, has expanded to Ghana.