Industry players say a fragmented and tough regulatory environment is holding the mobile money industry back.
Ebola has been blamed for 672 deaths in Liberia, Guinea and Sierra Leone.
The flight crashed in the West African state of Mali killing all 118 people on board.
The majority of high net worth business owners prefer consulting lawyers and accountants over their private banks for planning their wealth transfer to their successors, a new study finds.
DP World owns one-third of Djibouti’s Doraleh Container Terminal.
The joint venture will invest in direct private equity opportunities in African firms with a focus on consumer driven sectors.
Abu Dhabi Fund for Development will provide finance to construct a 6 MW solar power plant in the city of Freetown in Sierra Leone.
More than 700 people in Saudi Arabia have contracted the virus and 292 of them have died from it.
The service is expected to carry large quantities of electronics and textiles to the Ugandan city.
Etisalat paid 4.14 billion euros ($5.7 billion) for Paris-listed Vivendi’s stake in Maroc Telecom.
The franchise agreement includes plans to setup 15 restaurants in the UAE over the next four years.
Bidders include Australia’s WorleyParsons, consulting firm McKinsey & Co and Japan’s Oriental Consultants.
The firm will undertake the civil construction portion of the mixed use development in Algiers, it said in a statement.
A sudanese official declined to disclose the total value of aid that Qatar had agreed to offer Sudan.
A total of 3.45 million units were shipped to the region during the final quarter of 2013, according to IDC.
The 91 per cent acceptance means Al-Futtaim will hold 533 million shares in CMC, which distributes Ford, Suzuki and Volkswagen vehicles among other brands in the region.
Ghana is one of Africa’s newest crude exporters after starting production from its offshore Jubilee field in late 2010.
The flight signals the first direct link between Congo and the Middle East.
Emirates will soon serve three cities in oil-rich Nigeria
Hussein Hachem, CEO of Aramex, says Africa-Middle East trade corridors have expanded alongside the growth of Africa’s economy.
The 2013 deal value saw the highest rise in the last six years with all the quarters posting values above $12 billion, the report found.
Compliance teams face an increasing array of rules due to failings exposed by the financial crisis.
The deal, valued at $2.9 million, is Hayaat Group’s first investment in East African oil exploration.
Mining companies have announced plans to shutter mines or reduce operations after gold’s 25 per cent drop this year.
Over 100,000 Ethiopians repatriated from Saudi Arabia since the Kingdom began deporting illegal migrants in November.
South Africa’s first black president and anti-aparthied icon, Mandela, 95, passed away in his Johannesburg home.
Prior negotiations between the two telcos collapsed around the start of 2013, according to sources.
The refinery will have a capacity of two million tonnes per annum.
The soft loans will be granted through the Kuwait Fund for Arab Economic Development, said emir Sheikh Sabah al-Ahmed al-Jaber al-Sabah
Ivory Coast announced plans in March to build a regasification and storage unit.