Finance & Banking

Miss Africa receives Rwanda stamp of approval

Miss Africa goes to Rwanda

KIGALI – THE Government of Rwanda has endorsed the Miss Africa pageant, paving the way for the hosting of the pan-African event in the East African country. The beauty contest is scheduled for May 20 in Kigali. Government’s endorsement came through the Rwanda Development Board and Rwanda Convention Bureau. “Rwanda Development Board, through Rwanda Convention Bureau, is privileged to be ...

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Hello Group gives migrants peace of mind

PRETORIA , ( CAJ News ) – MILLIONS of migrants have over the years fled economic and political problems and sought sanctuary in South Africa. However, while most of the migrants, officially put at 1,7 percent of South Africa’s population of more than 51 million, secure employment, sending money to sustain their families or communicate with family members back home ...

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French tech firm announces Lagos expansion

LAGOS, (CAJ News) – ORANGE, the business-to-business division of the Orange Group, is reaffirming its commitment to support enterprises in Africa . The French-headquartered has established a new sales office in addition to the existing customer support activities in Nigeria . The objective is to support senior IT decision makers with strategies to grasp the market opportunities being brought by ...

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MasterCard funds Rwanda economic growth

KIGALI, (CAJ News) – THE MasterCard Centre for Inclusive Growth has committed up to US$1 million (RWF779,3 million) over the next three years to advance economic growth and financial inclusion in Rwanda. Raghu Malhotra, MasterCard President for Middle East and Africa, confirmed the investment. “The Rwandan story is one of triumph over adversity, and the country stands as an example on how embracing technology ...

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Uber expansion eases congestion in Mombasa

NAIROBI, (CAJ News) – UBER, the multinational online transportation network, has launched in Mombasa, Kenya to bring its growing global network to 399 cities. With the launch of Uber, Mombasa joins the list of smart transportation hubs in Africa. The company expressed excitement to exoand to the coastal city. “We’re really excited to be launching Uber in Mombasa. Giving locals and visitors in Mombasa ...

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Money transfer service expands to Europe

By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – SIMBAPAY, a leading digital money transfer provider, has expanded its nstant Africa money transfer service to five new countries in Europe. The service has been expanded to France, Germany, Ireland, Italy and Spain following a pilot that has been running for three months in the countries. SimbaPay will be expanding to another six countries, not yet ...

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Firms expand regional broadband connectivity

LAGOS, (CAJ News) – SOME leading technology companies are involved in discussions poised to deepen broadband penetration in the Central African  region. Nigeria’s MainOne, leading Communications Services Company in West Africa , and Cameroon Telecommunications Corporation (CAMTEL), the national telecommunications and Internet service provider in Cameroon, confirmed this would culminate in a Joint Venture Agreement. This announcement builds on the ...

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Africa air connectivity in the spotlight

KIGALI, (CAJ News) – AviaDev Africa, which aims to determine the future of air connectivity in the continent, will be launched in Rwanda later this year. Scheduled for October, it is a unique platform bringing together airlines, airports, and hotel and hospitality investors for the first time. Leading airline, airport and hotel executives, alongside government representatives, will be able to ...

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‘MTN fine a ploy to diversify Nigeria revenue sources’

JOHANNESBURG, (CAJ News) – THE recent imposition of a hefty fine on MTN by the Nigeria Communications Commission (NCC) might be linked to plans by government to find alternative revenue sources amid plummeting oil prices. This is according to a consultant with the South African-based security think-tank following the visit to Nigeria by International Monetary Fund (IMF) Managing Director, Christine ...

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Tigo rated biggest Tanzanian company on Facebook

TiGo

DAR ES SALAAM, (CAJ News) – TIGO Tanzania has emerged the country’s most popular company on Facebook. Its Facebook followers recently clocked a staggering 1 million, effectively cementing Tigo’s position as the foremost digital lifestyle telecom in the East African country. According to Socialbakers, a social marketing company that analyses and monitors the use of social media and is also ...

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