Factors to consider in Zimbabwe’s economy

Zimbabwe has rebased its gross domestic production, including the informal sector in its calculations for the first time. By Alisa Strobel, senior economist: sub-Saharan Africa at IHS Markit Zimbabwe’s nominal size of the economy has increased by around 40%...

PayJoy and Baobab+ offer new device finance

In an effort to expand access to high-quality solar home system solutions and smartphone technology to 1-billion people worldwide, Baobab+ is licensing PayJoy’s Checkout platform including its proprietary Lock technology. This will allow consumers to purchase a...

Oracle names new VP: sub-Saharan Africa

Oracle has announced the appointment of Andrew Sordam as vice-president for sub-Saharan Africa with immediate effect. Sordam takes over from Cherian Varghese who has been named as the regional MD and vice-president for the Association of Southeast Asian Nations and...

Fitch revises Angolan growth down

Angola’s GDP growth was reviewed on 20 September, below expected, by the consulting company Fitch Solutions. From the expected 2,8% growth, the country is now expected to have a 1,5% GDP growth this year given the growing tendency for the declining trend...

Asteroid and NAPAfrica sign MoU for Africa

Asteroid and NAPAfrica have entered into a Memorandum of Understanding (MoU) to strengthen the friendship and cooperation between the two organisations, and to collaborate on developing African Internet interconnection. The cooperation focuses on promoting peering and...

MTN partners on new payment service

MTN Uganda, in partnership with Mastercard and United Bank for Africa (UBA), has announced a new service that will enable quicker, safer and more convenient online payments globally. Through this partnership, MTN MoMo customers will use a virtual card to shop or make...