2023 AFCON: CAF to hit $75m estimated revenue
This edition of AFCON lived up to expectations, fulfilling CAF President Patrice Motsepe’s optimism expressed during the opening ceremony that it would…
Africa
$20bn spent yearly by African countries on wheat import – TAAT
The Head of the Technologies for African Agricultural Transformation Clearinghouse, Dr. Solomon Gizaw, has stated that Africa spends about $20 billion a year on…
FG hails Dangote over efforts to diversify economy
The Federal Government has praised the Dangote Group for contributing to the government’s efforts to diversify the country’s economy, as well as…
Egypt leads Africa in foreign direct investment
Bisola David The United Nations Conference on Trade and Development World Investment Report 2023, has revealed that Egypt experienced a tremendous increase in FDI,…
Top ten best passports in Africa
Alex Omenye Nigerian passport has emerged the 50th strongest passport in world with regard to its relevance, access to countries and strength…
Amazon Prime video shifts focus, cuts funding in Africa, Middle East
Amazon Prime Video is reorganizing its global operations to concentrate on original European content, reducing staff and funding in Africa and the…
Top ten oil producing countries in Africa
It has been a turbulent year for Africa’s top oil producers, with global oil demand falling 11% in the first half of…
Top 10 biggest airports in Africa
Africa is a vast and diverse continent with variations in infrastructure and economic growth. Africa’s air travel is centered on large hubs…
Nigeria leads Africa’s booming beauty market — Report
Nigerians have always stood out when it comes to beauty and personal care. Little wonder the Nigerian market was reported to have imported more…
Seedstars Africa raises $30m to fund African startups
The European Investment Bank’s subsidiary, EIB Global, has committed $30 million in finance to Seedstars Africa Ventures. Following a $8 million investment,…
Cameroonian city ranked most expensive in Africa
Living in African cities can be a genuine financial burden these days, owing to the recent increase in inflation. Everything is getting…
Zanzibar to build first seven-star hotel in East Africa
Zanzibar hopes to raise the bar for African hospitality by constructing a seven-star hotel. According to a Tanzanian publication, The Citizen, this…