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Why Bill Gates Overtook Jeff Bezos As World’s Richest Person

Billionaire philanthropist and Microsoft co-founder Bill Gates (pictured above) regained his status as the world's richest person for the first time in two years on Friday, topping Amazon CEO Jeff Bezos, Bloomberg reported. The Bloomberg Billionaire Index that tracks the wealth of the richest 500 people is updated after US

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Safaricom, Huawei Receive Prestigious “Most Innovative Service” Award

Safaricom and Huawei have jointly received the prestigious Most Innovative Service “the Business of Tomorrow” award at AfricaCom 2019 in Cape Town. This Award recognizes the two companies for offering the new revolutionary Mobile Money Overdraft service, known as “Fuliza”. This service enables users with insufficient funds in their M-PESA

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European Investment Bank Announces Shs4 Trillion Lending Programme For African Female Entrepreneurs

The European Investment Bank (EIB) has announced a $1.1 billion (Shs4 trillion) lending programme to help women entrepreneurs on the African continent. EIB Vice President, Ambroise Fayolle, also revealed that the bank has signed three further agreements to boost sustainable development on the continent. But the major deal is what

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Halima Dangote Takes Charge Of Dangote Group Commercial Operations

Halima Aliko Dangote (pictured) has been appointed as the Group Executive Director, Commercial Operations of Dangote Industries Limited (DIL), one of Africa's largest and most diversified business conglomerates. According to a release by the company, Halima Aliko Dangote, a Nigerian businesswoman and daughter to Africa’s richest man, Aliko Dangote,  is

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Are You An EdTech Entrepreneur? Here’s An Opportunity To Grow Your Business

The Mastercard Foundation Centre for Innovative Teaching and Learning in ICT has issued a Request for Proposals (RFP) inviting growth-stage, educational technology (EdTech) innovators to apply for an opportunity to grow their ventures while contributing to improving the quality of education in Africa. The deadline for submissions is November 21,

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URSB, Financial Sector Deepening Sign MoU To Explore Joint Opportunities

Uganda Registration Services Bureau (URSB) and Financial Sector Deepening Uganda on Friday signed a Memorandum of Understanding (MoU) that aims at fostering partnership in mutual areas of interest, such as positioning the Security Interest in Movable Property Registry System (SIMPO) to Uganda’s under-capitalized business ventures. The MoU will provide a

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