The Chairman of United Bank for Africa Plc, Mr Tony Elumelu, has said a well-regulated capital market will help to…

There are indications in the African insurance market that the access rate has dropped from 2.78 per cent in 2019…

AFEX one of Nigeria’s commodity players seeks to raise $175 million in its bid to provide low-cost financing to…

Bamboo, a Nigerian brokerage app that lets Africans buy and trade US stocks in real-time has secured a $15 million…

Wamly a one-way video interview software startup based in South Africa secures funding from local venture capital…

Africa-focused venture capital firm TLcom Capital, known to have made bets on Andela and Twiga, is raising $150…

A new initiative will soon be launched in Africa to increase financing for renewable energy. It is a mechanism that…

Goodwell Investments has led a $50m Series C equity round in Copia Global, a B2C e-commerce platform with a…

Ghana secured $7.33 billion dollars in revenue since it started commercial oil production in 2011. From the…

Airtel Africa, a multinational telecommunications company, has surpassed Dangote Cement to become the most…

Forbes has listed BUA chairman Abdul Samad Rabiu as the fifth African richest man and second richest man in…

The International Air Transport Association says African airlines’ passenger traffic has fallen by 65% due to the…

Ethos Mezzanine Partners and BluePeak Private Capital Fund have co-invested $31.5m in Grit Real Estate Income Group…

Verizon Chief Revenue Officer Frank Boulben has written to the board of Orange withdrawing from the race to head…

In 2020, Africa50, an infrastructure financier backed by the Africa Development Bank (AfDB) Group and a good number…

Adiwale Partners, a private equity firm focused on Francophone West Africa, picked up a minority stake in…

QED an investment firm based in Alexandra, Virginia in the United States of America announced that it has recruited…

The Federal Government has called on the Nigerian private sector to maximize the African Continental Free Trade…

The International Monetary Fund is set to launch a $50bn trust fund for low-income and vulnerable middle-income…

The Federal Government has announced plans to partner Egypt in the areas of technical support in the transmission…

The African Petroleum Producers Organisation (APPO) has said that Dangote Oil Refinery would reduce importation of…

Oracle, a cloud infrastructure firm, says it has opened a data centre in South Africa — its first cloud region in…

Orda, a Nigerian food-tech startup, says it has raised a pre-seed round capital of $1.1 million to expand its…

Oil jumped to a seven-year high early on Tuesday, a day after Yemeni Houthis attacked targets in the United Arab…

Twitter Inc said on Monday it will expand its test feature which allows users to flag misleading content on its…

Hybrid Fund initially has $36 million of committed capital Support for micro, small and medium-sized enterprises…

Twitter Spaces, a feature that allows users to host or take part in live audio conversations on the platform, will…

Bfree, a credit management fintech, has raised $1.7m in a pre-Series A round to embark on expansion in emerging…

Standard Chartered Plc is closing about half its Nigerian branches in a pivot to digital banking, according to…

Total number of Gmail app installations has surpassed 10 billion on android, emerging the fourth app on Google play…