The Cinema Exhibitors Association of Nigeria (CEAN), the country’s premier Film Trade Association Body, has announced good news for cinema lovers on the occasion of the International Cinema Day. Opeyemi Ajayi, the chairman of the Cinema Exhibitors Association of Nigeria (CEAN), said in a statement on Tuesday in Lagos that cinema lovers would enjoy discounted […]
Gold is heading for its seventh weekly acquire as it advantages from a especially weak dollar and inflation expectations globally. Bullion, valued by way of traders in instances of crisis as a secure haven and additionally a hedge in opposition to inflation, has experienced a surge in demand and buying and selling nearer to $1,900 […]
Top Nigerian act, Oluwatosin Ajibade popularly known as Mr Eazi is raising $20 million to invest in African music creatives. The singer told CNN how he plans to create a new funding model for the music business on the continent through the Africa Music Fund (AMF). According to Mr. Eazi one of his primary motivations […]
Despite the effects of COVID-19, Africa’s young creative industries remain ripe for investment opportunities. African music, film, and fashion continue to gain global popularity, with companies like Netflix and Universal Music Group expanding their presence on the continent. Nigeria’s film industry, Nollywood, accounted for $7.2bn or 1.42 percent of Nigeria’s GDP in 2016, and South […]
Ride-hailing firm Bolt has raised Sh11 billion worth of investment capital from Naya Capital Management to boost its growth and development strategy. The funds will go into upgrading its mobility services and food delivery services in Europe and Africa. This will include investments into scooters, bikes and delivery services across its markets for its on-demand […]
A son of President Paul Kagame has been appointed to the board of the Rwanda Development Board, RDB. 30-year-old Ivan Kagame is the eldest son of his parents. The Kagames have four children – three sons and a daughter. The RDB is government machinery tasked with fast tracking the country’s economic development by enabling private […]
A Maltese company has invested in a pharmaceutical laboratory in Ghana that will be able to produce medicines in line with European standards. Chief Executive Officer of Evolve, Chris Busuttil was part of the latest Maltese trade mission to visit the West African country. The delegation was led by Economy Minister Silvio Schembri. “Ghana was […]
The 2020 Africa Energy Forum (aef) (Africa-Energy-Forum.com) will welcome Chairwoman Damilola Ogunbiyi, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All (SEforALL) and Co-Chair of UN-Energy, to officiate the opening sessions. Mrs. Ogunbiyi said: “Africa is a region full of promise and economic opportunity. Yet as we begin the final decade […]