S’African billionaire dethrones Dangote as Africa’s richest man
Johann Rupert and family have emerged as the richest man in Africa, dislodging Aliko Dangote as the continent’s wealthiest man in a…
Africa
Airtel Africa CEO Ogunsanya retires, names Taldar successor
Airtel Africa stated on Tuesday that Chief Executive Officer Olusegun ‘Segun’ Ogunsanya will retire on July 1, 2024, and has thus, appointed Sunil…
Sony to invest $10m in African entertainment startups
The Sony Group on Wednesday announced the launch of Sony Innovation Fund: Africa (SIF: AF), a programme that will aid the expansion…
Africa faces growing demand for 54,000 aviation professionals by 2042- Expert
Nigeria and other African nations will need at least 54,000 technical workers in a variety of aviation-related sectors by 2042. According to…
Twiga fires 283 employees, cites tough business environment
African e-commerce food distribution company, Twiga will reduce one-third of its 850 staff as the company undergoes operational restructuring as a result…
UN, Lagos urge private sector to drive change in Africa
The United Nations and Lagos state have challenged the private sector to promote transformation in Africa. The Punch reported that they gave…
Top Russian companies, partners to visit Africa
Major Russian business organizations and Eurasian Economic Union members are planning business trips to several African countries. The Ounch reported that the Russian…
UN to help Africa with credit rating data
The United Nations Development Programme claims that in order to reduce borrowing costs in Africa, it will concentrate on increasing the openness…
US, Africa partner to strengthen trade
The US-African Business Summit, which drew more than 1300 participants and took place in mid-July in Gaborone, Botswana, has focused mainly on developing…
Crypto-Nigeria makes up 67% of Africa’s interest – Report
In comparison to other African nations, Nigeria has shown the greatest interest in digital currencies like Bitcoin and Ethereum, according to a…
Arab-African trade invests $1.5bn to tackle food security
The Executive Committee of the multi-donor, interregional Arab-Africa Trade Bridges Programme on Thursday unveiled a US$1.5 billion food security program to address…
Russia-Africa business synergy gains momentum – Report
Through the staging of bilateral and multilateral business conferences on both continents, there are signs that economic relations between Russia and Africa…