January 22, 2019
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January 14, 2019

The former head of the Private Pharmacies Association, Dr Nasri Morgos, has reported a scarcity of medicines in Sudan. The ongoing shortage of foreign currency in the country means that especially life-saving chronic medicines and permanent eye drops are running short.

For the few medicines still available, Dr Morgos predicted further prices rises of about 400 per cent and predicted “a disaster” in the near future.

“The"...

 

January 21, 2019

Helios Towers has bought a majority stake in SA Towers, a network infrastructure company, with plans to build at least 500 urban cellphone towers across South Africa.

The London-based firm, which owns and leases out 6,560 cellphone masts in Africa, said it was entering the South African market through a joint venture with Vulatel. The company followed up the news of the joint venture by announcing it would buy 89.5 percent of SA Towers for an undisclosed"...

January 21, 2019

As a result of the anticipated hike in interest rate by the Federal Open Market Committee (FOMC) of the United State Federal Reserve, which is expected to have a negative impact on foreign capital inflows into Nigeria as well as on foreign exchange (FX) rate, the FSDH Merchant Bank has advised companies in Nigeria to limit their FX exposure.

The advice was highlighted in their macroeconomic and financial markets outlook report (2019 – 2021) titled:"...

January 21, 2019

M-Tiba, a Safariam-based healthcare app has received 150 million shillings from the French Development Agency (AFD) that will go towards growing the number of individuals and healthcare providers on the platform.

The investment will be used to acquire 500 new healthcare providers to the app as well as developing technology compatible with rural and offline areas. The M-Tiba app was developed in partnership with CarePay and PharmAccess.

The"...

January 21, 2019

Kenyan retailers and suppliers have signed a code of practice on what will see the country’s retail sector apply self-regulation in a bid to curtail late payment.

The East African nation’s State Department for Trade recently mediated the signing of the deal, known as the Harmonised Retail Trade Code of Practice. The Trade Ministry said the agreement will go a long way in fostering trust and promoting sanity in the important retail trade"...

January 21, 2019

Alibaba, a Chinese multinational conglomerate specializing in retail and e-commerce, has affirmed plans to empower businesses and entrepreneurs operating in Rwanda.

The company is set to launch an initiative dubbed the Alibaba Netpreneur Training program that will welcome entrepreneurs and business leaders who currently operate in the Rwandan market, as well as those in the process of expanding into the Rwandan market.

The"...

January 21, 2019

(AETOS Wire)-- More4Apps, the NZ-based software integration specialist known for its Excel based Oracle EBS integration tools, has confirmed it will be building product for Cloud ERP. “We're overwhelmed by the number of customers asking for our solutions to be migrated to the new ERP system, and that’s driven our strategic commitment to developing Cloud-based data entry tools,” said Bruce Doig, co-founder and Head of Innovation at More4Apps. “Already"...