Africa
MTN Nigeria shuts down all facilities in Nigeria
Following increasing protest and attacks of South African companies in Nigeria, MTN Nigeria has closed down all of its shops...
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Uganda airlines revived 18 years after grounding, begins with a Kenya trip
The inaugural of Uganda airlines flight on a Bombardier CRJ900 to Jomo Kenyatta International Airport in neighbouring Kenya lasted about...
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Top 5 billionaires in Africa and how they made their money
Billionaires in Africa - In January this year, Forbes released a list of the wealthiest people on the African continent. Altogether, the...
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Nigerian government ordered to pay $9bn to private gas firm
A British judge has ordered the Nigerian government to pay $9bn in assets to a small private company. The firm,...
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What Africa’s Key Central Banks Will Discuss in the Next 10 Days
Central banks in sub-Saharan Africa’s key economies will take direction from U.S. Federal Reserve Chairman Jerome Powell when they make...
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Zimbabwe’s inflation hits 175% in June
Zimbabwe’s annual inflation almost doubled to a new 10-year high of 175.66% in June, data showed on Monday, stirring memories...
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Get into Africa to seize opportunity
The African Continent seems to be bustling with opportunity. The greatest of which is its large and increasing young population....
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Nigeria orders banks to increase loans to spur an anaemic economy
Nigeria’s central bank set a minimum loan-to-deposit ratio for commercial banks as it seeks to spur lending to stimulate the...
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ECOWAS finally adopts ECO as a single currency
Beginning in January 2020, countries within the West African sub-region will be able to use a single currency called ECO....
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African VC funds in for a bonanza, with Germany’s €1bn Africa fund
African venture capital (VC) funds are in for a bonanza. VC funds in at least 12 African states, will be...
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