Category: African Business
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Ethiopia celebrates Sovereignty Day, urging unity and hard work for national independence
In Ethiopia, Pagume, the 13th month in the Ethiopian calendar, which lasts five days or six days in a leap year (September 6 to 11/12), is marked with nationwide celebrations. Sunday, Pagume 3 (September 8), has been celebrated as “Sovereignty Day” to highlight the importance of national independence in all aspects of the country’s life.…
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The number of countries investing in Zimbabwe rose by 35% to 46 last year, the government says
The Zimbabwean government also issued licenses to 615 new foreign investors, a 130% increase from 2022, said Willard Manungo, deputy chief secretary in the Office of the President and Cabinet, at a recent Zimbabwe Investment and Development Agency (ZIDA) stakeholder forum. According to him, China remains Zimbabwe’s largest investor, with new investments coming from South…
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Symbolic destruction of weapons in the Central African Republic marks the launch of the “Silencing the Guns” campaign
The African Union launched its “Silencing the Guns” campaign in Bangui, Central African Republic (CAR), with a symbolic destruction of illicit weapons collected from civilians. The event, attended by high-level officials, aimed to raise awareness about the importance of voluntary disarmament for achieving peace and development. Churchill Ewumbue-Monono, Chairperson of the African Union’s Peace and…
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Chinese bus manufacturer Yutong eyes Tanzania assembly plant amidst growing market presence
The decision, announced by Kellen Zou, CEO of Yutong Bus Tanzania, during the inauguration of Yutong’s new offices and service center in Tanzania, is driven by the company’s positive market performance in the African country, according to local media. Zou highlighted the rapid growth of the Tanzanian and East African markets, which he described as…
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Strike at Kenya’s main airport causing flight delays, cancellations, Kenya Airways says
A strike by workers at Kenya’s main international airport in Nairobi has caused flight delays and cancellations for incoming and outgoing passengers, Kenya Airways said on Wednesday. The biggest union of Kenya’s aviation workers said they would take industrial action over a proposed deal for India’s Adani Group to lease Jomo Kenyatta International Airport (JKIA)…
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Why are gas prices in the EU several times higher than in the US?
EU gas prices are 4-5 times higher than those in the US, the report on the future of European competitiveness says. “Even though energy prices have fallen considerably from their peaks, EU companies still face electricity prices that are 2-3 times those in the US. Natural gas prices paid are 4-5 times higher. This price…
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BRICS astronomy: South Africa leads collaborative efforts to advance space science
Speaking to Sputnik Africa on the sidelines of the 10th meeting of the BRICS Working Group on Astronomy, held in Kazan, Russia , from September 9-13, Takalani Nemaungani, Chief Director of the Astronomy Portfolio at the South African Department of Science and Innovation, highlighted the leading role his country, as the secretariat of the working…
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The African Union has been awarded with the Leo Tolstoy Peace Prize
The inaugural awarding ceremony took place on September 9, the birthday of iconic Russian writer Leo Tolstoy, author of War and Peace. The prize recognizes organizations and individuals for their achievements in: ▫️Peacekeeping;▫️Fight for freedoms;▫️Human rights;▫️Activities aimed at countering the threat of World War III or nuclear catastrophe. The winners are selected by an international…
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Some of the leading mobile money services in Africa
Disclaimer: While panafrican.email can provide a general overview of the leading mobile money services in Africa, it’s important to note that real-time revenue data can be difficult to obtain for all countries due to various factors, including: That said, based on market research and industry trends, here are some of the leading mobile money services…
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