Rand Merchant Bank’s ninth edition of Where to Invest in Africa has returned to their roots, the sectors they believe are key to unlocking the continent’s growth potential. For 2019, co-authors Celeste Fauconnier, Neville Mandimika and Nema Ramkhelawan-Bhana delve deeper…
The annual Africa Startup Summit took place in Kigali last week, with six of the continent’s most prolific investors taking to the stage for the keynote panel discussion around creating a generation of funded African startups. Here are seven things…
In several news reports, World Bank President David Malpass was recently quoted as saying some Multilateral Development Banks, including the African Development Bank, have a tendency to lend too quickly and in the process, add to the continent’s debt problems.…
The African Development Bank’s 2020 African Economic Outlook (AEO) has said that the economy of Africa is on course to pick up to 3.9 percent in 2020 and 4.1 percent in 2021. The bank also said that though the economic…
By Ijeoma Ukazu | In a bid to expand telecommunication services to boost U-Report communities’ engagement, the United Nations Children’s Fund (UNICEF) has signed an agreement with AIRTEL Nigeria to support young people. The U-Report is UNICEF’s unique social media…
Rapper, entrepreneur, and all-around ambitious dude Akon has finally officially signed off on the creation of his own city. Yes, you read that right. He’s creating his own city in the African nation of Senegal. The rapper, famous for hits such as Smack That and Lonely, has…
The newly appointed Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, has launched a veiled criticism of his predecessor in office, Babatunde Fowler, accusing his management of superintending a steady decline in revenue collection by the service since…
The Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank President Akinwumi Adesina for a second term at the helm of the institution. The decision was announced at the end of the fifty-sixth ordinary…
Stepping Down of the Managing Director of the Nigerian Bulk Electricity Trading Company – Dr. Marilyn Amobi. In continuation of the reorganization/sanitation in the Federal Ministry of Power, the Honourable Minister, Engr. Sale Mamman has directed the Managing Director of…
Chief Executive Officer, Boeing, Dennis Muilenburg has been fired. Muilenburg who until few months ago served as the chairman of the aircraft manufacturing company was fired due to different disastrous years the aerospace giant has had that include two deadly…
