Alphabet's Loon said its balloon-powered internet service will initially cover 50,000 square kilometers in western and central parts of Kenya. It aims to take a fleet of 35 balloons to the skies above eastern Africa "in the coming weeks." The news represents a significant milestone after years of publicity about the Alphabet-owned venture.
US-Nigerian fintech company Flutterwave has created an e-commerce platform for small African businesses to set up online, to help them function during coronavirus lockdowns.
Uber is cutting 3,000 more jobs less than two weeks after an initial round of layoffs, CNBC confirmed Monday.
Already navigating the coronavirus pandemic and the worst invasion of desert locusts for more than 25 years, parts of East Africa are now being devastated by flooding.
"This situation makes me sick, because (it) is totally avoidable," Lucica Ditiu, executive director of the Stop TB Partnership, said.
Around four miles southwest of the center of Nairobi, residents in Africa's largest 'slum' — the sprawling, densely-populated informal settlement of Kibera — are bracing for the coronavirus pandemic.
As of Thursday morning, there were around 6,400 confirmed cases of the coronavirus in the whole of Africa, and governments across the continent are implementing robust measures in an effort to get out ahead of the pandemic.
Already being ravaged by the worst infestation of desert locusts in 70 years, East African economies are now staring down the barrel of the coronavirus pandemic.
The worst desert locust infestation in 70 years is ravaging East Africa, potentially endangering economies.
A majority of people think that the rich are getting richer while the rest of society struggles, according to consultancy Edelman's Trust Barometer.
Almost six in 10 people in some of the world's fastest-growing economies are expected to miss their retirement goals by at least 50%.
The facility is located in the country of Senegal.
Kenya's new Chinese-built railway slices hours off the journey from the port city of Mombasa to the capital, Nairobi.
Companies in India are leading the way in developing employees' skills in the workplace, according to a global study.
Kenya's Parliament has repealed its cap on the lending rate for banks, a move that is anticipated to boost business activity and economic growth in the East African nation.
Halima Aden, the first hijab-wearing woman to be signed to a major modelling agency, tells young people "don't change yourself, change the game."
A number of large-scale renewable energy projects are being developed in Africa.
LAGOS, June 20- The Nigerian naira is seen trading broadly stable amid tepid offshore demand for Nigerian assets, while the Kenyan shilling could weaken on healthy dollar appetite from oil importers. NIGERIA The naira is seen broadly stable next week against the dollar, with offshore investors staying on the sidelines despite the U.S. Traders said volumes of...
NAIROBI, June 20- Kenya has cut its target for expanding its electricity output by 2030 by nearly 30% as demand is growing more slowly than expected, its energy minister was quoted as saying. Kenya had installed generation capacity of 2,712 MW as at end 2018.. The Energy Ministry said in December that 75 percent of Kenya's population had access to electricity, up...
NAIROBI, June 18- A Kenyan parliamentary committee on Tuesday recommended nationalizing Kenya Airways as part of an effort to turn around the loss-making airline. The transport, public works and housing committee also proposed setting up of an aviation holding company with four subsidiaries, one of which would run Kenya Airways, which is 48.9% owned by the...
