The total investable wealth currently held on the African continent amounts to USD 2.5 trillion and its millionaire population is set to rise by 65% over the next 10 years, according to the 2024 Africa Wealth Report.
Business
Posted inBusiness
Sinotruck’s product launch event successfully held in Algeria
Sinotruck put 10 main selling models on display, including HOWO 6X4 tractor, 8X4 dump truck, sprinkler truck, cargo truck and special vehicle chassis.
Posted inBusiness / Kenya News
Toshiba receives order for power generation equipment for renovation of geothermal power plant in Kenya
Toshiba ESS has contributed to the promotion of geothermal power generation by signing MOU’s on geothermal power plant business with several partners in other East African nations.
Posted inBusiness
Conquering Southeast Asia: Farasis Energy to shine at Indonesian two-wheeler and automotive expos
During the exhibition, strategic cooperation agreements will be signed with customers to accelerate Farasis Energy’s expansion into Southeast Asia.
Posted inBanking / Crime
Soroti: “UMEME went off shortly after thieves accessed Equity bank”
Eromo said on Tuesday that the thugs used a ladder to gain access to the Equity bank’s first floor through the windows.
Posted inBusiness / Eastern News
Angry Serere locals protest revenue collection checkpoints
Ann Beatrice Abeja, Vice Chairperson LC5 of Serere, stated that the council decided to declare all revenue checkpoint operations illegal.
Posted inBanking / People
MP Apea provides additional shs100m to Amolatar village saving groups
According to Dr. Apea, the group members will use the money to pay medical bills and address other village-level issues.
Posted inBusiness
Fish factory executives attribute high yields to the protection unit
Rakesh stated that since the FPU declared an emergency in 2017, fish stocks had increased by the end of 2019.
Posted inBusiness
Calleo marks 14 years of providing transformative market intelligence solutions
Calleo now provides its services to clients throughout Africa, Europe and the Middle East, covering regional and global developments.
Posted inBusiness / Regional
Expedite your entry to custom union, Kadaga tells South Sudan
Beny Gideon Mabor, the Under Secretary in South Sudan’s Ministry of East Africa admits that there are gaps in the customs points both at the border in Elegu and Nimule.
Posted inBusiness
Lira chamber of commerce and industry to hold GM Friday
The meeting on Friday will be held at the Margaritha Palace Hotel in Lira City, with arrival at 1 p.m., according to Dr. Ongom.
Posted inBanking
Stanchion: Rethinking card issuing in an age of fintech disruption
Stanchion addresses the challenges of accommodating frequent changes in inflexible environments.