Africa Prudential Plc Declares N1 Billion Dividend For Shareholders
Africa Prudential Plc— A digital Technology and Investor Services firm listed on the Nigerian Stock Exchange—held its Annual General Meeting…
Category: Africa
Africa Is Ripe With Enough Innovation To Finance Its Future
If anything would increase a country’s chances of attaining economic independence, it is financial inclusion. With access to financial products and…
Nigeria: Devastating Floods Loom, NIHSA Warns Govt, Citizens
The Nigeria Hydrological Services Agency on Wednesday advised the three tiers of government and citizens across the country to prepare…
Elumelu: Entrepreneurship Key To Africa’s Sustainable Growth
The Founder of the Tony Elumelu Foundation (TEF), Mr. Tony O. Elumelu, has reiterated that equipping young people to succeed…
Flourish Ventures Opens Up New Office In Nairobi, Kenya To Support African Fintech Startups
The African fintech startup scene is set for a boost after Flourish Ventures, a global fintech venture capital firm, announced…
FMO Renews Commitment To Emerging Africa Infrastructure Fund
The Emerging Africa Infrastructure Fund (EAIF), managed by Investec Asset Management (IAM), today announced that it has successfully completed its…
Valar Ventures Makes First Investment In Africa With Neo Bank Kuda
Launched in 2016 as lending platform Kudimoney, Kuda rebranded in June of 2019 and received a banking licence from the…
First Green Energy Project In Burkina Faso For EAIF
The West African country of Burkina Faso is to get a new large-scale renewable energy plant, it was announced today,…
Rise Fund To Invest $200 Mln In Airtel Africa’s Mobile Money Business At $2.65 Bln Valuation
Telecommunications and mobile money services provider Airtel Africa said it signed an agreement under which The Rise Fund, the global…
RisCura Launches Impact Fund-Of-Funds For South Africa
Purpose-driven investment firm RisCura is applying its institutional investment experience to impact investing and has launched the country’s first Impact…
South Africa Sells Its AstraZeneca Vaccine Doses To AU
South Africa has sold a million doses of the AstraZeneca coronavirus vaccine for distribution in 14 fellow African nations, the…
COVID-19 Has Opened New Opportunities In Digital Economy In Africa — ECA
A new report launched by the Economic Commission for Africa (ECA) on the impact of COVID-19 on e-commerce in the…
Elumelu: Foreign Investors Need Long-Term Plan For Africa
Foreign investors should have long-term investment plans for Africa, because it boasts of huge returns on investment, Chairman, Heirs Holdings,…
Stakeholders To Explore Africa Commodity Ecosystem At Investment Summit
Following the impacts of the COVID-19 pandemic on African economies, stakeholders are to meet to review solutions to the continent’s…
Harnessing The Power Of Mobile Marketing To Drive The Growth Of Fintech Across Africa
Although relatively new, fintech has become a hit with Africa’s mobile-first population. While traditional financial services institutions have been unable…
Nigeria, Largest Economy In Africa – UAE
The United Arab Emirates (UAE) on Wednesday, said Nigeria remained the largest economy in Africa. This was contained in a statement…
UBA Launches Mobile Banking App For 20 African Countries
United Bank for Africa (UBA) yesterday launched a new mobile banking for Nigeria and 19 other African countries. The app,…
Cash Crunch Reduces National Assembly’s Sittings To Once A Week
The two chambers of the National Assembly may not meet the mandatory constitutional requirement of 181 sittings yearly because of…
The Pains Of Doing Business Online In Africa
With an estimated population of 1.216 billion people, you will agree with me that Africa is a great continent. But,…
The African Union Claims 300m Africans Live 50km Away From Broadband Connections
The African Union (AU) has noted that though there has been a huge expansion of fibre optic networks on the…
Africa Prudential appoints new Director
Africa Prudential Plc has appointed Mrs Zubaida Rasheed as an independent non-executive director. The firm in a regulatory filing with…
Old Mutual Raises Its Stake In Namibia’s Renewable Energy Market
An infrastructure investment fund managed by Old Mutual Investment Group (Namibia) has acquired a majority stake in a 5MW solar…
Oil Majors’ Green Energy Pivot Hammers Africa’s Largest Economies
The decline of Angola, from being Africa’s top crude producer five years ago to barely pumping more than war-torn Libya…
Brazil, Nigeria Are Most At Risk Of Oil-Induced Rate Hikes
After an epic collapse last year, oil prices have tripled since April, raising inflationary pressures in emerging markets. Some central…
N2.2bn Fraud: Fayose Gets Permission For Foreign Medical Trip
Justice C.J. Aneke of the Federal High Court in Lagos has granted permission to a former governor of Ekiti State,…
African Union Receives Sputnik V Vaccines From Russia
The Africa Vaccine Acquisition TaskTeam (AVATT), set up by the African Union to acquire additional vaccine doses so that Africa can attain…
COVID-19 Infection Rate Slows In Nigeria, Major Slump In Cases
COVID-19 infection rate in Nigeria appears slowing down as another major slump in confirmed cases was reported on Friday. The…
Department of Petroleum Resources Woos Investors For Modular Refineries
The Department of Petroleum Resources has said it is willing to license more modular refineries to come on stream, saying…
African Union To Set Up Infrastructure Fund For The Continent
The African Union is setting up a fund to finance the construction of much-needed roads, railways and power plants on…
Nigerian Marketers Raise Petrol Price To N170, Depots Suffer Shortage
Fuel marketers have started adjusting their petrol pump prices amid the supply shortage facing private depots in Apapa. Our correspondent…