Tech giant Amazon’s cloud computing unit AWS will invest 15.7 billion euros ($17.02 billion) in data centres in Spain’s northeastern Aragon region, it said on Wednesday, significantly boosting its expansion plan in the country. The Aragon government said in a separate statement the investment would be carried out over 10 years in the region that is...
Day: <span>23 May 2024</span>
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Africa Day: Building businesses that improve African lives writes Fhulu Badugela
As we mark Africa Day, people and organisations commit themselves to making a positive difference for the continent. Building a business model that improves lives is the most effective way to achieve this! As the continent celebrates Africa Day on 25 May, two business priorities come into sharp relief; Businesses must remain profitable to survive,...
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TymeBank partners with Flash to allows cash withdrawals at 172 000 spaza shops nationwide
TymeBank, Africa’s fast growing digital bank has partnered with Flash, Mzansi’s fintech provider to enable customers to withdraw cash at over 172 000 spaza shops in townships and merchants nationwide. The move by TymeBank bridges the gap between the bank, and the unbank and ultimately it brings financial inclusion to the informal economy and townships. “While TymeBank supports the country’s shift to...
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Afreximbank and MobiHealth sign Project Preparation Facility to Drive Digital Healthcare Solutions Across Africa
The African Export-Import Bank (Afreximbank) and MobiHealthCare Limited (MobiHealth) have signed a project preparation facility agreement that is expected to bolster the expansion of Mobihealth’s telemedicine services in Nigeria, and also assess the feasibility of establishing similar services in Egypt, Ghana, Kenya and Cote d’ Ivoire. Under the terms of the agreement, Afreximbank will part-finance project...
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CLG appoints Cosby Manuel Oliveira Toichoa as MD for Equatorial Guinea
Pan-African legal and business advisory firm CLG has appointed Mr. Cosby Manuel Oliveira Toichoa as Managing Director for Equatorial Guinea. Oliveira will undertake the strategic oversight of CLG’s operations in the country, leading efforts to provide specialized legal counsel and strategic support to clients engaged in oil and gas activities. Prior to his appointment as...