VENTURES AFRICA – Dr. Donald Kaberuka, President of the African Development Bank (AfDB), and Prof. David Malone, Rector of United Nations University (UNU), have signed a Memorandum of Understanding (MOU) to foster research and knowledge exchange on sustainable development in Africa. According to an official statement, the MOU was signed on June 5 after the [...]

VENTURES AFRICA – Semiconductor giant, Intel Corporation has kickstarted an investment boost in Kenya’s ICT sector that will help developers in the East African economic hub benefit directly from Intel® Software and Services Group (SSG), a global division of the company. With Kenya as the first African beneficiary of this investment, the project will include [...]

VENTURES AFRICA- American multinational conglomerate General Electric (GE) has signed a memorandum of understanding (MoU) with the Ghana government to build a 1000 megawatts power plant in Ghana. Information released by Ghana’s Energy Ministry disclosed that the power plant, which is expected to be completed over the next five years, will enhance the country’s current [...]

VENTURES AFRICA – South Africa and the rest of Africa’s middle classes now prefer fast-food eateries more than proper restaurants and home cooking. This emerged when Famous Brands, the JSE-listed food retailer, late on Wednesday said its franchise sales have surged 16.8 percent for the quarter March to May this year. This included a 16 [...]