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Japan

Japan and African Development Bank announce $3.5 billion to support Africa’s private sector development

On 30 August 2019, Japan and the African Development Bank announced a joint target of $3.5 billion under the Enhanced Private Sector Assistance for Africa initiative (EPSA4). The announcement was made at the 7th Tokyo International Conference on African...

Rwanda collaborates with Japan to launch satellite

In 2018, the Rwanda Utility and Regulatory Authority’s (RURA) Director General, Patrick Nyirishema, confirmed plans to launch the country’ inaugural satellite in 2019. Rwanda has collaborated with the Japan International Cooperation Agency (JICA) and the Japan Aerospace Exploration Agency (JAXA)...

Rwanda set to launch telecom satellite sooner than expected

Two years ago in 2017, Rwanda announced for 2020, the launch in space of its first telecommunications satellite. But it is finally this year that the telecom equipment will be propelled into orbit from the international space station, the Ecofin Agency...

Sony reveals Xperia Z tablet

Having recently launched the Xperia Z mobile phone, Sony Electronics revealed that they will be introducing an Xperia Z tablet. The company said in a statement that the tablet will feature the same waterproof and dustproof characteristics which are present in the mobile...

Nintendo to merge handheld and console divisions

Shortly after the launch of Nintendo’s latest console, the Wii U, reports have surfaced stating that the Japanese video games giant is to merge its handheld and console development divisions. According to Nikkei.com, the aim is to create better synergy between the divisions, particularly as Nintendo...

Panasonic posts record annual loss

After electronics maker Sony posted a $5-billion loss yesterday, another Japanese electronics maker has revealed that they operated at a loss. Panasonic posted a record annual loss of Y772.2 billion ($9.68-billion), which also caused their share price to fall...

Sony Electronics $5-billion in the red – again

Japanese -based electronics manufacturer Sony announced that the company has suffered a record full-year loss of $5.7-billion, but have an aggressive strategy to recoup the losses. The company said that the majority of the loss of profit stemmed from...

Japanese electronics manufacturers to fully recover by September

The recent earthquake, tsunami and nuclear disaster in Japan have caused some problems in the manufacture and distribution of many electronics, but it seems as though things should start to return to normal pretty soon. A report released by IHS...
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African Fintech Giant Ranked as Fastest-Growing

The world’s leading financial publication confirmed Moniepoint’s accolade in its annual “Africa’s Fastest Growing Companies” survey, released yesterday. It...
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