Lami Technologies expanding in Africa after US$3.7M seed funding

Photo credit: DiasporaEngager (www.DiasporaEngager.com). The US$3.7m extension brings the total raised by the insurtech to the US$5.5m; It follows a US$1.8 million round led by...

CIC Insurance’s gross profit rise by 38% as premiums surge

Photo credit: DiasporaEngager (www.DiasporaEngager.com). CIC Insurance’s gross profit hit KSh 464 million in the first six months of 2022, compared to a pre-tax profit of...

Adopting sustainable agriculture for food security and economic growth.

Photo credit: DiasporaEngager (www.DiasporaEngager.com). Africa’s food crisis Conflict, climatic shocks such as droughts in East Africa and low average rainfalls in West Africa, a massive increase...

Algeria oil and gas discoveries boost Algeria as Europe shuns Russia

Photo credit: DiasporaEngager (www.DiasporaEngager.com). Algeria has been carrying out a significant amount of drilling in order to ramp up its production of oil and gas...

First fresh avocados cargo to China opens doors for Kenya

Photo credit: DiasporaEngager (www.DiasporaEngager.com). The first shipment of fresh avocados from Sunripe Vertical Agro , destined for China has been sent out On July 31, the...

Popular island destination: Emirates Airline is promoting Seychelles on its network, says senior VP

Photo credit: DiasporaEngager (www.DiasporaEngager.com). Emirates Airline divisional senior vice president, Sheikh Majid Al Mualla, met with Seychelles' President Wavel Ramkalawan on Thursday. (Seychelles Nation)Photo license...

Kenya, Ghana leading globally in mobile money market

Photo credit: DiasporaEngager (www.DiasporaEngager.com). A new report by Global System for Mobile Communications (GSMA) reveals that Africa now accounts for 70 per cent of the...

Tanzania cements position as it signs oil and gas MoU with Nigeria

Photo credit: DiasporaEngager (www.DiasporaEngager.com). Nigeria is Africa’s main leading oil producer with production increased to an average of 1.16 million barrels per day (bpd) in...

Namibia’s Benguela Gem vessel pushes diamond production up

Photo credit: DiasporaEngager (www.DiasporaEngager.com). Diamonds recovered for the second quarter of 2022 by Namibia stood at 565 000 carats, a 67.2% increase from the 338...

Kenya launches agency for ensuring ethical use of human cells, tissues

Photo credit: DiasporaEngager (www.DiasporaEngager.com). President Uhuru Kenyatta has established a government agency whose work will be to ensure access to the safe and ethical use...

Several oil & gas investment opportunities at Tanzania Energy Congress

Photo credit: DiasporaEngager (www.DiasporaEngager.com). Mega oil projects in East Africa such as EACOP are transforming the way local content is executed Pan African Energy Tanzania (PAET)...

Rural women in Nimba benefit LRD5 million

Photo credit: DiasporaEngager (www.DiasporaEngager.com). By Thomas Domah/ Nimba County Nimba County District#4 Representative Gonpu Kargon has donated five Million Liberians dollars to over five thousand rural...

Crypsense Digital qualifies for Draper VeChain accelerator programme

Photo credit: DiasporaEngager (www.DiasporaEngager.com). Crypsense Digital Group, a Kenyan-based Digital Assets Capacity Building and Management Platform, is one of the first African Web 3 firms...

Min. Brunson: Focus on the important and impactful interventions for the 2023 National Budget’’

Photo credit: DiasporaEngager (www.DiasporaEngager.com). The Deputy Minister for Budget and Development Planning Tanneh G. Brunson says participating Ministries and Agencies should focus on the most...

SilverLeaf cannabis fund launches initial public offering on EasyEquities

Photo credit: DiasporaEngager (www.DiasporaEngager.com). South Africa’s first cannabis fund has launched its initial public offering (IPO) through the EasyEquities investment platform. SilverLeaf fund, the cannabis fund,...

New Data Shows Migrants Changing Behaviours to Maintain Financial Obligations to Family Overseas as...

Photo credit: DiasporaEngager (www.DiasporaEngager.com). Globally, 78% of remittance senders agree that the cost of living has increased for themselves  75% of respondents said that the costs...

Kenya: Thousands to get jobs at the Kisumu Shipyard

Photo credit: DiasporaEngager (www.DiasporaEngager.com). Thousands of young people in Kenya’s Nyanza region will get jobs at the Kisumu Shipyard   President Uhuru Kenyatta said the shipyard would...

Telkom revenues down, subscriber base up – CAJ News Africa

Photo credit: DiasporaEngager (www.DiasporaEngager.com). ...

Trends shaping the future of logistics in African markets

Photo credit: DiasporaEngager (www.DiasporaEngager.com). Digitization of logistics and compliance with sustainability policies will shape the future of logistics in African markets. Digitalization involves the development of...

Machine Learning and AI changing the face of Africa’s Airports

Photo credit: DiasporaEngager (www.DiasporaEngager.com).  Rising passenger expectations have put pressure on major transport hubs to bolster throughput, cut queues and make the journey from entrance...

Airlines within East Africa to fly across region without restrictions

Photo credit: DiasporaEngager (www.DiasporaEngager.com). The open skies policy will allow foreign airlines to easily access national airports to boost tourism In early July, aviation stakeholders resorted to...

General Insurers pay claims worth $142 million in three months

Photo credit: DiasporaEngager (www.DiasporaEngager.com). The Insurance Regulatory Authority has revealed that claims paid in the general insurance business hit KSh 16.85 billion ($142 million) in...

BURN Cookstoves awarded ISO 9001:2015 Certification

Photo credit: DiasporaEngager (www.DiasporaEngager.com). BURN Manufacturing was awarded the ISO: 9001:2015 quality management system certification, the most widely recognised quality management system certification in the...

US Chamber, CCA partner to support Africa Business Forum

Photo credit: DiasporaEngager (www.DiasporaEngager.com). The partnership comes ahead of US president Joe Biden’s upcoming US-Africa leaders’ summit in Washington DC scheduled for December 13-15, 2022 The...