Multinationals to benefit from Africa’s free trade area

The African continental free trade agreement ACFTA has opened up opportunities for multinationals to diversify into unchartered markets especially emerging economies like Angola, Ethiopia, Kenya, Nigeria, South Africa, and Rwanda. According to the International Monetary Fund, Angola’s economy will contract for a fourth straight year in 2019 yet investors are happy with the reforms by […]

Rwanda launches first ‘Made in Africa’ Smartphone

Reuters, Kigali. Rwanda’s Mara Group launched two smartphones on Monday, describing them as the first “Made in Africa” models and giving a boost to the country’s ambitions to become a regional technology hub. The Mara X and Mara Z will use Google’s Android operating system and cost 175,750 Rwandan francs ($190) and 120,250 Rwandan francs […]