Claude Kameni is a fashion designer from Cameroon who makes expensive clothes that are inspired by African culture. She hasn’t released a “2026 collection” yet, but she has been working on a prom couture raffle that was announced in early 2026. The winners will be chosen by February 7. These unique items are made for […]
The Suzuki Across is Suzuki’s premium plug-in hybrid SUV designed to combine efficiency, advanced technology, and strong performance. The 2026 model represents an updated generation of the SUV and continues Suzuki’s collaboration with Toyota RAV4, as the Across shares its platform and hybrid system with Toyota’s popular model. With refreshed styling, upgraded technology, and a […]
Presidents of Economic Community of West African States (ECOWAS) are to meet on December 21 in Abuja to consider recommendations on the proposed single currency regime for the sub-regiom Nigeria Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed disclosed this on Saturday in Abuja at the end of the meeting of Ministerial Committee […]
Donors of the African Development Fund (ADF) on Thursday agreed to commit $7.6 billion to speed up growth in Africa’s poorest nations and help lift millions out of poverty. This fifteenth replenishment of the ADF (ADF-15), up 32% from the previous cycle, sends a strong signal of trust in the Fund, which is the concessional […]
Ghana’s President Akufo-Addo is billed to intervene in the dispute between Nigerian traders and the Ghana Union of Traders Association (GUTA). GUTA said Nigerian traders should keep off retail business and has moved in several cities to shut down shops owned by Nigerians. GUTA accuses the Ghanaian government of failing to enforce Section 27 (1) […]
In spite of the clean bill of prosperity in the economy, Nigeria is seeking the approval of the National Assembly to obtain external loan of $29.96 billion for the implementation of 39 key infrastructure embarked upon from 2016 to 2018.President Muhammadu Buhari, who had reported that economy was gathering momentum, addressed the loan request letters […]
The Netherlands will offer over 11.6 million euros (12.7million U.S. dollars) in grants to Rwanda in the next fiscal year to build four ports on Lake Kivu (West) as a move intended to develop trade, maritime transport and tourism around the lake, an official source revealed Saturday in Kigali.This grant represent 40 percent of the […]
South African retailer Pepkor Holdings has today announced that it will be leaving Zimbabwe citing poor performance due to the deteriorating economy. The company’s statement comes when Zimbabwe is submerged in severe shortages of foreign currency, fuel and electricity which have caused inflation to rise risking reviving memories of 2008 when it reached a 231 […]
The Ghana Stock Exchange (GSE), in its aspirations to transform into an efficient, world class platform for investments and raising capital, has signed and exchanged a Memorandum of Understanding with the Singapore Cooperation Enterprise (SCE). SCE, an agency of the Ministry of Trade and Industry and the Ministry of Foreign Affairs of Singapore, works closely […]
LThe founder and CEO of one of Nigeria’s largest airlines, Air Peace, has been indicted by the U.S. Department of Justice on charges of bank fraud and money laundering for the alleged illegal movement of more than $20 million, the department said. Allen Onyema was accused of transferring the money from Nigeria through U.S. bank […]
The Debt Management Office (DMO) says that Nigerian’s total debt profile is N25.7 trillion. The Director-General of the office, Patience Oniha, announced this while addressing House of Representatives Committee on Public Account on Friday in Abuja. “As at June 2019, our debt profile is at N25.7 trillion; this includes the federal, states governments and the […]
Amb. Tijani Muhammad-Bande The President of the UN General Assembly, Prof. Tijani Muhammad-Bande, has said that Africa needs to look inward to be able to overcome the negative effects of the trade war between the U.S. and China. Muhammad-Bande gave the advice in an interview with the News Agency of Nigeria (NAN) in Abuja when […]
The Minister of Transport, Rotimi Amaechi, said on Thursday that the Federal Government and its Chinese counterpart are holding talks on the Port Harcourt-Maiduguri rail project. The minister disclosed this in a statement issued by his media aide, Israel Ibeleme. He also said the federal government would continue its negotiations with a Russian company for […]
President Emmerson Mnangagwa said that Zimbabwe has had no lines of credit from international institutions for the past 20 years due to sanctions. President Mnangagwa was speaking on Monday at the Global Business Forum Africa 2019 in Dubai. He said: Up until now, we have had no support from international institutions – we’ve had no […]
Jack Ma founder of Chinese conglomerate Alibaba says if Africa wants to build a sustainable economic growth each African must have the spirit of entrepreneurship. The Chinese billionaire was speaking at the Africa Netpreneur conference in Accra on Saturday 16th November 2019. He noted that “If Africa wants to develop if Africa wants to have […]
Mr. John Mahama, Former President of Ghana, on Tuesday, appealed to the Nigeria Government to open up her border so that economic activities can resume in West Africa. Mahama made the plea while delivering the 7th Anniversary Lecture, Investiture into The Realnews Hall of Fame and The unveiling of the Book: Pathways to Political and […]
Online retailer Jumia Technologies, often called “the Amazon of Africa”, said it suspended its e-commerce platform activities in Cameroon on Monday because it is not suitable for the country. Its shares have tumbled from its Wall Street initial public offering price of 14.50 dollars in April, hitting a record low of 5.10 dollars on Monday […]
The Minister of Finance speaking at the Zimpapers breakfast meeting on Friday said it would take time to reach the de-dollarisation target as very few economies had successfully de-dollarised, the Herald reports. The treasury boss according to the publication said: We are in a transition but the trick to de-link from the United States dollar […]
DRC’s $10 billion draft budget for 2020 An ambitious draft budget presented to the National Assembly of the Democratic Republic of Congo. More than US$10 billion is needed for the various projects to be carried out in the 2020. This is an increase of 63.2% compared to 2019. A historic budget that the authorities are […]
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya said that investigations are already underway to ascertain the source of new notes that have flooded the black market. Mangudya said the banks responsible for channelling the notes onto the streets will be severely dealt with once they are known. He said: We have launched an investigation […]