After receiving ~20,000 applications from all 54 African countries, Africa’s Business Heroes (ABH) Prize Competition has revealed the Top 50 Finalists for its 2024 edition. The competition is a philanthropic …
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AfricaAFRICA NEWSBusiness Policies
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AfricaAFRICA NEWSEntrepreneurship
Startup funding declines to $780m in H1 – Report
by Editorby EditorStartup funding for the African continent decreased in the first half of 2024, dropping to $780 million from $1.8 billion during the same period in 2023. Despite this decline, Nigeria …
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AfricaAFRICA NEWSBusiness Policies
Africa cashless payment systems confab to focus on building safer economy
by Editorby EditorForeign Investment Network (FIN) will host the 3rd Africa Cashless Payment Systems Conference, Exhibition & Award on September 11-12, 2024, in Lagos. Under the theme “Building a Safer Cashless Economy …
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In response to widespread dissatisfaction regarding the deactivation of SIM cards due to unresolved NIN-SIM verification issues, the Nigerian Communications Commission (NCC) issued an urgent directive on Monday, instructing telecommunications …
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AfricaAFRICA NEWSPolitics
FG directs NNPC to sell crude to Dangote Refinery, others in naira
by Editorby EditorPresident Bola Tinubu has instructed the Nigerian National Petroleum Company Limited to sell crude oil to Dangote Refinery and other new refineries in Naira. Bayo Onanuga, the Special Adviser to …
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AfricaAFRICA NEWSEconomy
Casablanca Financial Centre Leads Africa for Eighth Year in a Row
by Editorby EditorThe Casablanca Financial Centre in Morocco has maintained its top position on the African continent for eight consecutive years. This achievement is attributed to the establishment of an appealing business …
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AfricaAFRICA NEWSSouth AfricaSouthern Africa
Harnessing AI’s Potential in South Africa, its Opportunities
by Editorby EditorAs artificial intelligence (AI) continues to supercharge every aspect of business and society, South Africa stands at a critical juncture. Rather than fearing job displacement, we can harness AI to …
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AfricaAFRICA NEWSBusiness Policies
The Harsh Reality of Minimum Wage Increases, Impact on Business
by Editorby EditorAs the Managing Director of a national contract and specialised cleaning company operating across various sectors including healthcare, industrial, and retail, Johan Gerber is acutely aware of the challenges posed …
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AfricaAFRICA NEWSBusiness Policies
Airtel Africa’s net profit down to $7 million in first quarter of FY25
by Editorby EditorAirtel Africa reported on Thursday a net profit of $7 million for the first quarter of the current financial year (Q1FY25), a rebound from a net loss of $170 million …
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Indonesia, the largest economy in Southeast Asia, is warmly welcoming African business, economic, and political leaders to participate in two significant events in its stunning cities of Bali and BSD …