The Egyptian Supreme Cybersecurity Council (ESCC), presided by the country’s ministry of communication, officially launched the 2017-2021 national cybersecurity strategy. The aim of this strategy is to create a safe and secure environment for integrated electronic services in various sectors vital to Egypt’s economic development.   The main cyber threats and challenges that Egypt wants...

In a release published December 10, 2018, the Irish information services firm Experian announced that it would acquire Compuscan and Scoresharp, two credit information bureaus that operate in many Subsaharan African countries such as South Africa, Namibia, Botswana, Ethiopia and Uganda. "By combining the best of both Experian and of Compuscan, significant opportunities for further growth,...

Kenyan central bank and Kenyan Deposit Insurance Corporation (KDIC) announced in a statement published December 11, 2018, that they approved the acquisition of Imperial Bank by Kenya Commercial Bank. "KDIC and CBK are pleased to announce the acceptance of the Binding Offer from KCB", the two institutions indicated. The leading bank in Kenya in terms of equity, Kenya Commercial Bank...

La Guinéenne de Large Bande, the first telecommunications infrastructure operator in Guinea, launches new efficient and diversified services dedicated to telecommunication operators. Through its International Private Leased Circuit service, GUILAB offers point-to-point leased lines between the different landing points of the ACE submarine cable to telecommunication operators, thus providing...

Tunisia’s tourism revenues was TND3.7 billion ($1.23 billion) during the first eleven months of 2018, representing a 40.5% rise on a year to year basis, according to the ministry of tourism. The number of tourists increased by 17.2% between January 1 and July 30, 2018, to reach 7.5 million, the same source reveals. During the period under review, a strong rise in the arrival of tourists from...

Every year, 1.35 million citizens are killed on roads in the world, the World Health Organisation (WHO) indicated in a report published last week. Paradoxically, while it has the least developed road network in the world, Africa has the highest number of yearly road deaths. According to the WHO, the average death by road accident is 27.5 deaths for 100,000 residents, far ahead of America and...

Since mid-2017 the Millennium Challenge Corporation (MCC) off-grid electrification effort has been made to support the development of clean and efficient energy solutions where traditional distribution channels do not exist in Benin. To this end, the Off Grid Clean Energy Facility (OCEF), a challenge fund which provides grant financing to proven, sustainable off-grid clean energy projects has...

While East African countries such as Kenya, Tanzania and Uganda have been at the forefront of the use of mobile money services since their launch a decade ago, in West Africa, Ghana stands out by the number of registered mobile transactions, whose value now represents 75% of GDP. With an estimated penetration rate of 45%, according to the GSMA Mobile Economy 2018 study, the success of mobile...

Mauritius is currently the country which is most prepared for E-commerce in Africa, the United Nations Conference on Trade and Development (UNCTAD) revealed during the first day of Africa E-commerce week being held in Nairobi, Kenya (December 10-14, 2018). Leader in Africa and 55th  in the world, Mauritius shows a good performance thanks to the percentage of its internet users and the...

Tunis stock exchange experienced its most important drop since May 2018 yesterday Monday 10, December 2018. This black Monday on the stock exchange was due to the decline of the value of listed banks' shares. Banque Internationale Arabe de Tunisie dropped  6.09% to 121.430 dinars, Banque de Tunisie dropped 6% to 7,520 dinars, UIB (Société Générale Tunisie) has seen the value of its...