The United Arab Emirates (UAE) has always been considered an important player in the international business environment. But beyond the economic powerhouse, the UAE is increasingly becoming a role model in tolerance and a reliable…
Africa’s Geothermal Industry Could Be Bigger Than Europe’s…
Africa's geothermal power capacity is set to more than double in the next 7 years, according to Rystad Energy, with the consulting firm expecting the figure to reach 13 GW by 2050, up from just…
Impala Platinum Starts Job Cuts At South Africa…
Impala Platinum Holdings Limited, a South African holding company that owns several companies, has started offering voluntary job cuts to its workers at some of the world's deepest platinum mining shafts in the country. Impala…
World Mobile Closing The “Last Mile” Gap In…
In a social media post, World Mobile has announced the launch of its first aerostat in Massingir, Mozambique, following regulatory hurdles encountered in Tanzania. Chief Executive Officer Micky Watkins said World Mobile had initially planned…
Paving the Way for Stronger US-Africa Trade: AGOA…
In a significant step toward bolstering economic partnerships with Africa, U.S. Trade Representative Katherine Tai has announced ambitious plans to reinvigorate the African Growth and Opportunity Act (AGOA). This two-decade-old duty-free initiative, set to expire…
4 West African Entrepreneurs Revolutionising Baby Food Business
According to the International Trade Centre, the local production of infant foods in Africa is no less than an underexploited opportunity. The continent imports an estimated $607 million of baby food a year, with the…
Nigeria secures partnership with Afrexim, Access worth $1.35…
Lagos state in southwestern Nigeria has secured a partnership with African Export-Import Bank or Afrexim and Access Bank for an investment of $1.35 billion for infrastructure projects. Babajide Sanwo-Olu, the Governor of Lagos, confirmed that…
Africa Boasts Huge Growth Potential. Explore Five Small…
Africa is becoming an attractive destination for investors and venture capitalists across the globe. The region boasts huge potential to become a notable player in key sectors such as technology, automobile, healthcare, renewable and telecommunication.…
Germany willing to invest in Nigeria’s gas and…
Olaf Scholz, Chancellor of Germany, has said that his country is willing to invest in gas and minerals in Nigeria, an African country on the Gulf of Guinea. The investment is aimed at strengthening bilateral…
Why The 2023 Africa’s Business Heroes Summit And…
Jack Ma, the visionary founder of Alibaba Group, was inspired by the entrepreneurial spirit he encountered during his first trip to Africa in 2017. This led to the creation of the ABH programme, a commitment…
Nigeria to cut number of taxes to fewer…
Nigeria, a country in West Africa, is set to cut the number of taxes levied by federal and state governments from 62 to fewer than 10. The Nigerian federal government, through the Presidential Committee on…
Algeria Sonatrach’s $1 billion project for natural carbon…
Sonatrach, the national state-owned oil company of Algeria, has planned a $1 billion project for natural carbon storage. Mohamed Arkab, the Minister of Energy and Mining of Algeria, has confirmed that 420 million trees will…
Top 5 Economies in the World will now…
In a narrative so extraordinary, it could be whispered by the wind in tales passed down through generations, Nigeria is dancing its way to stardom on the grand global stage. Known affectionately as the "Heartbeat…
Naira Gets A Boost Against Dollar As Nigeria…
The Central Bank of Nigeria (CBN) just lifted the ban on importing 43 items like toothpicks and cement. Before this, if you wanted to import these, you couldn't use official foreign money routes. Now, you…
PepsiCo-Owned Futurelife Aims To Change How You Shop…
Futurelife is the brand that started out in KwaZulu-Natal back in 2007. The guy behind it, Paul Saad, wanted to make food that's packed with nutrients. In 2009, they launched their first cereal. It was…
South African ‘Big Four’ Banks Contribute R18.6 Billion…
South Africa's top four banks, Standard Bank, Absa, FirstRand, and Nedbank are also known as the 'Big Four' banks. These 4 banks collaboratively paid a total of R18.6 billion in taxes during the first half…
What to expect from the US 5-day investor…
The United States is set to host a 5-day investor roadshow in Nigeria. The United States Agency for International Development (USAID) Mission in Nigeria and the United States government’s Prosper Africa and Power Africa initiatives…
Nigeria to invest $5 billion in tech startups;…
Nigeria, a country in West Africa, aims to invest $5 billion in tech startups for the next four years. The Nigerian authorities have developed strategies for $5 billion in annual tech startup investments in order…
New Cannabis Laws Navigating Path Between Prosperity And…
New cannabis laws are being considered in South Africa, and there's a chance for people to share their thoughts on these laws. The people in charge of this, called the Portfolio Committee on Justice and…
