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May 2, 2018

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Startup snapshot: Angolan payments company getting in early ahead of the big banks

Companies & Markets, NewsBy adminMay 2, 2018

UseKamba, or Kamba for short, is an Angola-based fintech startup. Its mobile wallet application allows users to transfer funds between each other, buy airtime and pay bills. “The main reason behind the existence of Kamba is the need to revolutionise, boost, democratise and innovate financial and payment services in the Angolan market. Currently, there is…

Senegal selects Wärtsilä tech to boost its power supply

Infrastructure, NewsBy adminMay 2, 2018

Wärtsilä is set to engineer, manufacture and deliver a 130MW Flexicycle power plant, which will form an integral part of Senegal’s energy future. The Flexicycle solution is based on a gas, multi-fuel, or liquid fuel power plant combined with a steam turbine. The power solutions provider claims that its Flexicycle power plants can operate both…

Donald Kaberuka: Reforming AU is not a choice of the few, but an imperative for all

Infrastructure, NewsBy adminMay 2, 2018

The African Union last year embarked on a series of reformswith an aim to improve efficiency and impact of the organ on the continental population. The reforms cover multiple aspects, including self-financing, among others. The New Times’Collins Mwai caught up with Dr Donald Kaberuka, former president of African Development Bank, who is a member of the AU reform…

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