NIGERIA
Alhaji Aliko Dangote still maintains his spot as Africa’s richest man according to Forbes Magazine. The magazine disclosed that as at January 11, 2019, the 61-year-old was worth $9.9 billion.
IRAN
By Abdul Sadiq
Iran’s central bank has proposed slashing four zeros from the rial, following the plunging of the currency’s value in the wake of an economic crisis fuelled by...
EGYPT
By Abdul Sadiq
Africa more independent in terms of Internet connectivity? Liquid Telecom aims to connect Egyptian companies to the rest of Africa.
Just over $400 million...
AFRICA
By Mumbere Peter
Africa’s economic growth in 2018 will continue in 2019 in sub-Saharan Africa, averaging 3.6% over the next two years, according to World Bank estimates.
EGYPT
By Abdul Sadiq
Egypt hopes to receive the fifth tranche of its $ 12 billion IMF loan program in January, President Abdel Fattah el-Sisi said Sunday.
In a statement,...
NIGERIA
By Alex Ebuka
South African telecoms operator MTN Group has finalised a settlement with the Nigerian government, worth $53 million to resolve a four-month multi-billion dollar dividend ...
DR CONGO
By Mumbere Peter
China’s Zhejiang Huayou Cobalt Co will invest $147.2 million to build a copper project in Democratic Republic of Congo (DRC),
as it extends the exploration of...
KENYA
The Blue Economy is an economic arena that depends on the benefits and values realized from the coastal and marine environment.
Experts define the ‘Sustainable Blue Economy’ as a marine-based economy that provides social and economic benefits for current and...
ETHIOPIAN
Ethiopian Airlines is accelerating its strategy of weaving a patchwork of new African routes to soak up traffic on the continent and fly customers towards its more lucrative flights to rapidly expanding Asian markets.
With a long-delayed African “open skies”...
NIGERIA
The Nigerian Communications Commission (NCC), has called on operators to review their governance practices to conform with the Code of Corporate Governance in the industry.
The Executive Commissioner, Stakeholders Management, NCC, Mr. Sunday Dare, made the call during the Annual...