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30-10-2014 23:52:00 | by: Administrator | hits: 23876749 | Tags:

[Free Webinar] E-commerce Evolution: The Future of Finance with Digital Payments in Africa
15-05-2024 | 10:42:00
Master the skill of leveraging digital payment solutions to enhance transaction efficiency, cater to diverse payment preferences, and manage risks associated with foreign exchange and transaction security.
EIB’s Water Sector Fund invests €10 million to support innovative businesses in Africa and Asia
03-05-2024 | 13:05:16
W2AF is a “water-focused” blended finance impact fund targeting sustainable and scalable solutions that improve access to safe, affordable drinking water for underserved populations, mainly in Sub-Saharan Africa and South and Southeast Asia.
[Zoom Event, April 11 2024] Global Strategies for Success in Africa: Overcoming FX and Payment Hurdles
10-04-2024 | 19:33:00
This event explores the vast potential and unique challenges of expanding businesses in Africa, focusing on mastering international pitches, understanding cultural nuances, and crafting pitches that highlight unique value propositions.
[FINTECH EVENT] Verto Atlas Product Launch, Lagos Continental Hotel, 29 February
28-02-2024 | 17:50:00
Verto extends this invite to an exclusive, fireside gathering at the prestigious Intercontinental Hotel Lagos, as it unveils Verto Atlas, the financial powerhouse for large corporations and enterprises in Nigeria.
African healthtech shows resilience with mere 2% decline in funding while broader tech ecosystem plunges in 2023, report
22-02-2024 | 14:21:00
Healthcare consulting firm Salient Advisory has launched its latest Intelligence Report, presenting findings on funding activity, covering grant, equity, and debt investments for African healthtech startups in 2023
Ethiopian Airlines and Citi Sign a $450 million loan agreement for five new aircraft
20-02-2024 | 13:12:00
The loan will be secured against the value of the five planes and has been arranged exclusively by Citi’s Corporate Banking and Export Agency and Finance teams. It is guaranteed by the Export-Import Bank of the United States (EXIM).
Digital commerce in Africa to expand 25% per year by 2026, report
19-02-2024 | 07:28:00
Africa has emerged as a frontier for the new online consumer class, representing an estimated 10 million new consumers in 2024 and trailing only Asia as a region. This is according to the new annual Beyond Borders digital payments and commerce report by EBANX
Vodacom, Safaricom hit 200 million subscribers
05-02-2024 | 11:49:54
Vodacom Group’s subscriber base including Safaricom has now surpassed 200 million for the first time, having previously achieved 100 million customers in 2018.
15% of companies in the Middle East, Turkiye, Africa region do not train employees on IT
01-02-2024 | 09:45:00
According to Kaspersky’s Business Digitization survey, only 29% of companies surveyed in the Middle East, Turkiye, and Africa (META) region organised training on cybersecurity for their employees.
[Open Webinar, Feb 1 2024] Cross-Border Finances: Enhancing Commodity Trade Across Africa
29-01-2024 | 10:23:00
Tailored for CFOs, this event provides strategic knowledge to navigate international markets and enhance financial outcomes in the dynamic commodities sector. Don't miss this unique opportunity for CFOs to stay ahead in global commodity trading.
[South Africa] Ninety percent of CEOs are waiting for GenAI to move past the hype, report
15-01-2024 | 08:19:00
Seventy-one percent of global executives surveyed say they plan to increase tech investments in 2024—an 11-point jump from 2023—and even more (85%) plan to increase their spending on AI and GenAI.
23% of companies in the META region suffered from malicious actions by staff, report
11-01-2024 | 08:19:00
A Kaspersky study found that in the past two years, 78% of companies surveyed in the META region have faced cyber incidents in different forms, 23% of which were caused by deliberate malicious behaviour by employees
[Open Webinar] Cross-Border Finances: Enhancing Commodity Trade Across Africa, Navigating Int'l Markets
05-01-2024 | 10:27:00
Tailored for CFOs, this event provides strategic knowledge to navigate international markets and enhance financial outcomes in the dynamic commodities sector. Don't miss this unique opportunity for CFOs to stay ahead in global commodity trading.
Rwanda and European Investment Bank agree new critical raw materials investment partnership
19-12-2023 | 13:06:40
The agreement will strengthen technical and financial cooperation to identify critical raw material sector investment that creates skilled jobs, supports economic development, and ensure environmentally and socially responsible development of critical raw material resources.
[Free Webinar] Accelerating FX Success: Expansion Strategies for Marketing Agencies in Eastern, Western Africa
19-12-2023 | 12:17:00
This event is tailored for marketing executives and CFOs looking to gain actionable insights into international expansion, building a global clientele and establishing strong online presence.
[Free Webinar] Accelerating FX Success: Expansion Strategies for Marketing Agencies in Eastern, Western Africa
19-12-2023 | 10:37:00
This event is tailored for marketing executives and CFOs looking to gain actionable insights into international expansion, building a global clientele and establishing strong online presence.
[Column] Margaret Soi: The rise of the mass affluent in Africa and how banks can best respond to their needs
14-12-2023 | 13:31:00
The purchasing power of Africa’s middle class is expected to grow significantly in the coming years: the continent’s middle class is expected to spend US$2.1 trillion by 2025 and US$2.5 trillion by 2030, thus creating a further upward momentum in the demand for goods and services.
47% of companies in the Middle East, Turkiye, Africa region plan to outsource cybersecurity, report
30-11-2023 | 13:07:00
Company bosses are boosting their cybersecurity following an alarming increase in cyberattacks, a new study commissioned by Kaspersky has found.
Africa urges a spotlight on climate finance as the world heads to COP 28
30-11-2023 | 11:42:08
The African Development Bank will mobilize financing for climate action at this year’s UN Climate Change Conference, COP28, and amplify Africa’s calls for robust commitments by wealthy countries to meet the continent’s urgent needs in addressing climate change.
[Kenya] AfDB commits over €101 million to boost access to electricity
30-11-2023 | 11:32:52
The project will also benefit from a $13.17 million (€12.12 million) loan from the Canada-African Development Bank Climate Fund (CACF), administered by the Bank, providing long-term concessional loans for climate change adaptation and mitigation projects.
[Free Webinar] Unlocking Success in New Markets: Cross-Border Payments Strategies for South African Businesses
23-11-2023 | 21:45:00
Embark on a journey through the dynamic realm of international finance with our upcoming webinar, where we unravel the intricacies of global payment strategies essential for triumph in the finance sector.
[EVENT] Verto FX partners with UBA Kenya to launch Verto Atlas
15-11-2023 | 15:52:00
Join us for an exclusive event launch, as we unveil Verto Atlas, the financial powerhouse for large corporations and enterprises in Kenya, hosted by Verto on Thursday 23rd November.
[Column] Michael Muhangi: Africa’s continental integration offers opportunities for cross-border expansion
15-11-2023 | 11:00:00
With the gradual elimination of political, economic, and regulatory barriers has come a need for financial institutions to adopt a strong trans-regional focus.
Generative AI skills gap slowing down AI adoption EMEA region, report
13-11-2023 | 10:56:00
Organisations in the EMEA region plan to embrace AI solutions but are slowed by a generative AI skills gap. This is according to a new report released by hybrid multi-cloud computing provider Nutanix.
Retailers are struggling to deal with ransomware attacks, Sophos report
09-11-2023 | 14:52:00
After surveying 3,000 IT/cybersecurity leaders in organizations with between 100 and 5,000 employees (including 355 from the retail sector), across 14 countries in the Americas, EMEA and Asia Pacific Sophos found that only 26% of retail organizations this past year were able to disrupt a ransomware attack.
75% of healthcare organisations lose data to ransomware attacks, Sophos report
06-11-2023 | 07:18:00
Cybercriminals successfully encrypted data in nearly 75% of ransomware attacks on healthcare organisations. This is according to the The State of Ransomware in Healthcare 2023 report released by cybersecurity firm Sophos.
Kenyan consumers remain optimistic, but financial worries weigh heavy, report
30-10-2023 | 14:59:00
According to TransUnion’s Consumer Pulse Study, one of the significant factors contributing to the decrease in household income was job loss, with 30% of consumers reporting that someone in their household lost their job over the past month.
Kenya among top countries receiving most DDOS attacks amid ongoing geopolitical unrest
30-10-2023 | 08:13:49
Kenya has been listed among the top five countries hit by distributed denial-of-service (DDoS) attacks in the first half of 2023. Other countries include France, Germany, Italy, and Saudi Arabia
[South Africa] Companies acknowledge inadequate budgets to address the root cause of breaches, J2 Software survey
23-10-2023 | 15:08:00
A recent survey revealed that 58% of organisations believe their budgets allocated to manage insider risks are insufficient to effectively mitigate the increasing costs and frequency of security incidents instigated by individuals within the organisation.
AfDB commits over $23 million to Rwanda’s new Aviation Centre of Excellence
20-10-2023 | 15:06:00
The proposed Centre of Excellence for Aviation Skills (CEAS), including an aircraft hangar, will partner with higher learning institutions to produce a skilled workforce to meet global aviation training standards and industry demands.
The Eastern and Southern African Trade and Development Bank and ITFC sign MoU to promote trade between common member states in Africa
18-10-2023 | 13:02:17
Under the MoU, TDB and ITFC will harmonize their efforts to provide robust trade finance solutions to better serve their respective Member Countries in Africa.
[Free Webinar] Global Payment Strategies for Shipping & Logistics: Empowering Seamless Trade
10-10-2023 | 10:35:00
Join this insightful webinar that delves into the world of global payment strategies tailored to empower seamless trade within the shipping and logistics industry.
[Free Webinar] Global Payment Strategies for Shipping & Logistics: Empowering Seamless Trade
03-10-2023 | 21:53:00
In the rapidly evolving landscape of shipping and logistics, effective cross-border payment strategies have emerged as a critical driver of success. Join this insightful webinar that delves into the world of global payment strategies.
80% of SMEs in South Africa project similar or increased revenue in 2023, Mastercard report
02-10-2023 | 08:25:00
From surviving to thriving in the post-COVID world, small and medium enterprises (SMEs) in South Africa are projecting similar or increased revenues in 2023.
Mobile threats in the Middle East, Turkiye, Africa region rise in Q2 2023
28-09-2023 | 15:10:00
The number of mobile threat detections particularly in the Middle East, Turkiye, and Africa region increased by 5% in Q2 2023 compared to Q2 2022.
[Column] Patrick Mweheire: Major investment drive sparks East African trade and development
15-09-2023 | 15:13:00
East Africa is poised to unlock new pathways for trade, development and growth.
43% of employees in META region afraid of losing job due to lack of digital skills, report
14-09-2023 | 13:56:00
Among those who think they are most likely to lose their job because of the lack of digital skills within the next 5 years are department heads (29%) and top managers (15%).
[South Africa] Financial Sector surpasses the National Average as Data Breach Costs Reach R73.1 Million
31-07-2023 | 08:09:57
The average data breach cost for South African organizations reached R49.45 million in 2023 – an all-time high according to the IBM Security annual Cost of a Data Breach Report.
Nigeria trails South Africa and Kenya in Africa’s B2B payment revolution
31-07-2023 | 07:59:00
Nigeria trails South Africa and Kenya in the development of key B2B payment processes across Africa, including the adoption of electronic bank transfers, speed of processing invoices and payment automation.
Afreximbank lends$155 million strategic facility to Djibouti Ports and Free Zone Authority
20-07-2023 | 13:00:09
The African Export-Import Bank (Afreximbank) has announced the disbursement of a $120-million financing facility to Djibouti’s Great Horn Investment Holding (GHIH) for the execution of a series of development projects in the country’s Damerjog Industrial Development Free Trade Zone.
GIM-UEMOA joins Nexo Standards to simplify cross-border payments across West Africa
13-07-2023 | 08:36:46
GIM-UEMOA brings together 145 members including banks, financial and postal institutions, microfinance structures, electronic money institutions and promotes electronic payment systems and means of payment to the banking and financial sectors.
Nigeria, Ethiopia swap $100m blocked airline funds
11-07-2023 | 12:17:00
The Ethiopian and Nigerian central banks have agreed to swap funds trapped in their respective states, which will see Ethiopian Airlines (ET) recover up to $100 million trapped in Nigeria.
Kenya experiences 82% increase in cyber-attacks, Liquid C2 Cybersecurity Report
29-06-2023 | 15:31:00
Cyber-attacks on Kenyan businesses increased by 82 percent according to a cybersecurity report released by Liquid C2, a business unit of Liquid Intelligent Technologies.
Africa to become the second-fastest growing region after Asia AfDB report
26-05-2023 | 09:53:15
But the projected growth will depend on global conditions and the continent’s ability to bolster its economic resilience, the African Development Bank’s 2023 African Economic Outlook report has found.
2023 AFRICA CEO FORUM to be held in Abidjan, Cote d’Ivoire
10-05-2023 | 09:42:00
2023 AFRICA CEO FORUM to be held June 5-6 in Abidjan, Cote d’Ivoire to help shape Africa’s response to global crises
The driving forces: Major industries impacting the African economy
10-05-2023 | 06:45:00
Despite the challenges it's facing, Africa is home to some of the world’s fastest economies. With a fast-growing population and a wealth of natural resources, it has become an attractive destination for investors to capitalize on its untapped potential.
AfDB, European Union and France invest $300 million in Tanzania’s hydropower project
19-04-2023 | 11:10:04
The funds will finance the construction of the 87.8-megawatt Kakono Hydropower Plant located in Kagera region in the northern part of Tanzania. The project also received a grant of EURO 36 million from the European Union.
Kenya lost Ksh 3.6 billion to cyber criminals in 2022, report
17-04-2023 | 07:58:00
Kenya’s losses to cyber criminals reached Ksh 3.6 billion (USD 36 million) in 2022, compared to Nigeria and South Africa where they are nearly tenfold at Ksh 50 billion (USD 500 million) and Ksh 57 billion (USD 570 million) respectively.
AfDB, COMESA launch $1.5 million project to improve electricity regulation in the region
12-04-2023 | 11:22:51
The African Development Bank (AfDB) and the Common Market for Eastern and Southern Africa (COMESA) have launched a new regional initiative to enhance the sustainability of the electricity sector in Eastern and Southern Africa through harmonized regulatory frameworks.
AfDB approves $28.49 million grant to enhance Ghana’s universal electrification goal
28-03-2023 | 12:16:10
The financing, which will come from the Climate Investment Funds (CIF)– Scaling Up Renewable Energy Program in Low Income Countries (SREP), will support construction of mini-grids, stand-alone solar photovoltaic systems and solar-based battery facilities for storing excess power, a practise known as net metering.
[Nigeria Business Week] Andrea Ayemoba: Investors bet on fintechs, startups
14-03-2023 | 14:57:02
The past couple of weeks have seen a flurry of activities in several sectors of the Nigerian economy. Startups are receiving increasing financial backing from VCs for the growith of SMEs.
[ChatGPT Biography] Isabel dos Santos, Founder of Banco BIC
14-03-2023 | 14:56:58
Artificial Intelligence is taking the world by storm. As an experiment, Africa Business Communities is publishing a series of 100 biographies of the most successful entrepreneurs in Africa. We only ask the questions and let ChatGPT write.
[Interview] Fedir Ted Martynov, CEO, CARMACHAIN, Nigeria
14-03-2023 | 14:56:56
Ted Martynov leads CARMACHAIN, a fintech outfit operating in Nigeria that enables credit data for lenders in markets underserved by credit bureaus.
[East Africa Business Week] Bob Koigi: What the entry of Somalia to the EAC means for region
14-03-2023 | 14:56:54
This week, The East African Community (EAC) officially launched the verification mission to assess the Federal Republic of Somalia’s readiness to join the Community.
[East Africa Business Week] Bob Koigi: Improving business competitiveness in the region: The case of TradeMark Africa
14-03-2023 | 14:56:54
As it rebrands to TradeMark Africa, TMA, in its bid to grow its continental footprint, aid for trade institution formerly known as TradeMark East, boasts of having made a lasting mark in East Africa where it has operated for over ten years.
[Nigeria Business Week] Andrea Ayemoba: 2022 statistics outline Nigeria's economic status quo
14-03-2023 | 14:56:53
Despite all the setbacks plaguing economies the world over, Nigeria’s GDP for 2022 is projected to be north of $500billion, the largest in Africa. All eyes are now turned to what these next 12 months could bring Africa’s largest economy.
[Column] Givemore T. Chiwanza: How has the Russia-Ukraine crisis affected Africa?
14-03-2023 | 14:56:52
This Ukraine crisis escalated on 24 February 2022 and has tremendously impacted the global socio-economic terrain. The situation has and will continue to affect the African continent's financial system and food and energy security.
[East Africa Business Week] Bob Koigi: Enhancing regional digital integration
14-03-2023 | 14:56:52
As East Africa seeks to become a more deeply integrated and dynamic digital investment, innovation, and growth hub, it is exploring initiatives and partners to help it drive that agenda as it seeks to boost its competitiveness as an investment hub.
[East Africa Business Week] Growing the region’s investment portfolio
14-03-2023 | 14:56:51
In the last week, a series of investments across East Africa have been unveiled by corporates, banks, multinationals and development partners as the region continues to position itself as an investment hub in the continent.
[East Africa Business Week] Bob Koigi: Scaling startups’ investment in the region
14-03-2023 | 14:56:50
As startups successfully raise funding, they are boosting their product and service portfolio while setting sight on the East African region for expansion. This
[East Africa Business Week] Bob Koigi: Accelerating sustainable and clean transport solutions
14-03-2023 | 14:56:49
A bulk of East African countries’ electricity comes from renewables. Yet the region’s transport sector relies entirely on imported petroleum fuels.
[Nigeria Business Week] Andrea Ayemoba: Local fintech spreads to East Africa, oil and gas find major milestone
14-03-2023 | 14:56:47
Nigeria, like other countries of the world, is going through some economically turbulent times. Inflation is on the rise (recently pegged at 21.9%) and local startups are directly impacted by financial crises on the other side of the world.
[East Africa Business Week] Bob Koigi: Boosting small businesses’ competitivity in the region
14-03-2023 | 14:56:47
Small businesses are the engine of the East African economic growth, employing millions and opening up the member states to interact with each other through seamless trade.
[East Africa Business Week] Bob Koigi: Region warms up to the hospitality industry’s expansion binge
14-03-2023 | 14:56:45
Global respected hotel brands are expanding their footprint and have identified Africa as a key investment destination with the East African region catching their attention for its MICE, business and leisure growth potential.
[Column] Goodie M. Ibru: What the AfCFTA brings to the table in Africa
14-03-2023 | 14:56:43
The trade and investment layout of the African Continent is a story of both promise and missed opportunities. With a population of over 1.2 billion, Africa promises a huge and promising market.
[East Africa Business Week] Bob Koigi: Deepening diaspora remittances, driving regional investment
14-03-2023 | 14:56:43
In a first of its kind move, The East African Community (EAC) has announced setting up a Diaspora desk that will focus on facilitating East Africans living in the diaspora to invest and trade in the region.
[East Africa Business Week] Bob Koigi: Partnerships bolster cross-border remittances and trade
14-03-2023 | 14:56:43
This will also accelerate financial inclusion and remove the barriers around cross-border money transfers.
[East Africa Business Week] Bob Koigi: Investing in women-led businesses
14-03-2023 | 14:56:42
Small and medium-sized enterprises (SMEs) account for an estimated 90% of all businesses in Africa and women own about a third of all registered African SMEs.
[East Africa Business Week] Bob Koigi: Banking on innovations, partnerships to grow financial services sector
14-03-2023 | 14:56:39
These developments have led to improved services and a robust sector that is shaping the region’s financial services industry dynamics.
L'African Business Roundtable et Afreximbank organisent un séminaire en ligne gratuit le 28 septembre
14-03-2023 | 14:56:39
Dans la continuité de la série de webinaires qui s'est déroulée tout au long de l'année, l'African Business Roundtable et la Banque Africaine d'Import-Export (Afreximbank) vont organiser un autre webinaire sur le renforcement des capacités et la préparation des investisseurs.
[East Africa Business Week] Bob Koigi: Cushioning food systems from shocks
14-03-2023 | 14:56:37
This week, thousands of delegates across the continent and beyond are gathered in Kigali, Rwanda for the African Green Revolution Forum, AGRF, an annual event bringing governments and partners together around food security and making safe, nutritious foods produced in a sustainable way available to all Africans.
[Interview] Dr. Mohamed El Sahili, CEO, Medland Hospital, Zambia
14-03-2023 | 14:56:36
Dr. Mohamed El Sahili is the Chief Executive Officer of Medland Hospital, Zambia. As a medical doctor and entrepreneur, Dr. Sahili also serves on the board of key economic international organizations like the African Business Roundtable, the American Chamber of Commerce, Zambia, Olympic Youth Development Center and the Africa CEO Forum.
[Interview] Dr. Mohamed El Sahili, PDG, Hôpital Medland, Zambie
14-03-2023 | 14:56:36
Le Dr Mohamed El Sahili est le directeur général de l'hôpital Medland, en Zambie. En tant que médecin et entrepreneur, le Dr Sahili siège également au conseil d'administration d'organisations économiques internationales clés, telles que l'African Business Roundtable et l'American Chamber of Commerce.
[East Africa Business Week] Bob Koigi: Bolstering integration with Tripartite Business Council
14-03-2023 | 14:56:35
In a historic move for the integration process, The East African Business Council, COMESA and SADC Business Council recently launched and formed the African Tripartite Business Council.
[East Africa Business Week] Bob Koigi: Boosting diaspora remittances through regional collaboration
14-03-2023 | 14:56:27
As the region bets on diaspora remittances to boost respective countries’ national purses and drive economic growth across East Africa, member states are looking at cementing regional partnerships.
[East Africa Business Week] Bob Koigi: Actualizing the Common Market Protocol
14-03-2023 | 14:56:25
The Summit discussed a raft of issues touching on the region from infrastructure development, energy transition, removing all restrictions on air transport services and strengthening the community.
[Nigeria Business Week] Andrea Ayemoba: Nigeria battles odds to maintain productive economy
14-03-2023 | 14:56:23
According to the International Monetary Fund, Nigeria is being pushed to the brink by inflation. Banks however, one of the pillars of the economy, have remained in good standing.
[East Africa Business Week] Bob Koigi: Region bets on bioeconomy to bolster growth
14-03-2023 | 14:56:21
Among the key interventions proposed in the strategy is the creation of new forms of sustainable bioenergy, and the conversion of waste materials to useful products.
[Nigeria Business Week] Andrea Ayemoba: Gas price triggers ripple effect across industries
14-03-2023 | 14:56:20
Nigeria’s inflation as of the month of May stood at 17.71%, but economists are now predicting just a month later a new figure we can expect at the end of this year.
La vision de l'African Business Roundtable pour l'Afrique en tant que centre d'investissement
14-03-2023 | 14:56:19
L'African Business Roundtable (ABR), un groupe de chefs d'entreprise visionnaires qui ont compris très tôt la nécessité pour l'Afrique de bien se positionner sur le marché mondial afin d'attirer les investissements sur le continent, fête cette année sa troisième décennie d'existence.
[Nigeria Business Week] Andrea Ayemoba: Nigeria scores big in budget transparency
14-03-2023 | 14:56:18
The infrastructure of Nigeria is such that for meaningful progress to be made, there must be give-and-take on the parts of the government and the people.
[East Africa Business Week] Bob Koigi: South Sudan remains a strategic player in the region’s petroleum industry
14-03-2023 | 14:56:17
Owing to its strategic position at the heart of a wider Nile Basin-East Africa hydrocarbons-rich area, South Sudan is emerging as the hub for petroleum industry services and exploration in the region.
[Nigeria Business Week] Andrea Ayemoba: Government, Industries move to expand women enterprise
14-03-2023 | 14:56:16
With plunging profits in its prized sector, oil and gas, and an ever-climbing inflation, Nigeria is increasingly turning to what most of the world has been blind to – the potential of women in business.
[Nigeria Business Week] Andrea Ayemoba: Banks move into East Africa, telecom pushes NSE profit
14-03-2023 | 14:56:15
The telecom industry this week recorded a peculiar development – the massive registration of Nigerian SIM card holders.
[East Africa Business Week] Bob Koigi: West meets East
14-03-2023 | 14:56:13
West African companies have particularly been keen to expand their operations in the East African region. This has been through mergers, partnerships or takeovers.
[Nigeria Business Week] Andrea Ayemoba: Banks rally behind women-led SMEs
14-03-2023 | 14:56:13
The NNPC has an approximated value of 50 trillion naira. With oil and gas infrastructure in Nigeria constantly plagued by mischief and vandalism, an ECOWAS expert has profferred a very interesting solution to this persisting problem
[East Africa Business Week] Bob Koigi: Region bets on $91.5 million budget to drive economic integration
14-03-2023 | 14:56:13
This week, the East African Community has tabled before the East African Legislative Assembly (EALA) the budget estimates for the 2022/2023 Financial Year totaling $91.5 million.
[Nigeria Business Week] Andrea Ayemoba: Telecoms slide into banking, Central Bank ups interest rates
14-03-2023 | 14:56:12
The last few days have shown us developments and setbacks, statistics that show growth on the one hand and room for improvement on the other.
The African Business Roundtable's vision for Africa as an investment center
14-03-2023 | 14:56:12
The African Business Roundtable (ABR), a group of visionary business leaders who saw very early the need for Africa to position itself well in the global market to attract investments to the continent, this year marks its third decade of existence.
[Nigeria Business Week] Andrea Ayemoba: Clean energy gets funding amid inflation and trade deficits
14-03-2023 | 14:56:11
Oil and Gas has been a pillar supporting the Nigerian economy for a very long time. Rich in this natural resource, Nigeria may be guilty of neglecting other promising sectors, like Agriculture and even Insurance.
[East Africa Business Week] Bob Koigi: Harnessing the potential of African intermediary cities
14-03-2023 | 14:56:11
Africa’s urbanization rate has reached a record high with the continent being the most urbanized globally.
[East Africa Business Week] Bob Koigi: DR Congo’s factor in the integration agenda
14-03-2023 | 14:56:10
The recent entry of the Democratic Republic of Congo to the East African Community has heralded a new economic dispensation expanding the regional market.
[Nigeria Business Week] Andrea Ayemoba: Digitization set to penetrate capital market, investment
14-03-2023 | 14:56:09
Given the economic situation spreading across the globe in the last couple of years, it is with some optimism we can take the modest increase in Nigeria’s GDP.
[Nigeria Business Week] Andrea Ayemoba: An economic overview for Q1
14-03-2023 | 14:56:06
As we have seen over time, when one sectors hits a low point, another is seen hitting high notes. Such is the situation as we’ve seen it lately.
[Nigeria Business Week] Andrea Ayemoba: FG targets unidentified sim cards, CBN targets non-compliant banks
14-03-2023 | 14:56:05
Events this week have taken an interesting turn – investors have in the last few days demonstrated a lack of confidence in the banking sector, otherwise known for its resilience in the face of economic instability.
[Nigeria Business Week] Andrea Ayemoba: Telcos break new ground, digital loans gain momentum
14-03-2023 | 14:56:05
Instant loans, sometimes called digital loans, are gaining speed in the country and the telecom sector took some giant steps forward this week.
[Nigeria Business Week] Andrea Ayemoba: Crude industry facts underlining the Nigerian economy
14-03-2023 | 14:56:04
The Nigerian stock market indicators have shown lately a typical pattern in stock markets – investors stay loyal to the resilient stocks.
[Nigeria Business Week] Andrea Ayemoba: Persistent shortages and inflation call for new measures
14-03-2023 | 14:56:04
Africa has in the past decade positioned itself as a knowledge economy, with one of the most robust startup ecosystems in the world.
[Nigeria Business Week] Andrea Ayemoba: Experts point toward startup management for local productivity
14-03-2023 | 14:56:03
Nigeria’s crown jewel, oil and gas, has been in a state of mild disrepair for several months now. There’s an ongoing fuel scarcity situation that is intensifying by the day and causing a ripple effect in every aspect of daily life.
[Nigeria Business Week] Andrea Ayemoba: Government, experts look to non-oil exports for economic recovery
14-03-2023 | 14:56:03
The math is really simple – a rise in fuel prices leads to a rise in price in everything on the market because it costs more to transport it.

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