Brazil’s state-owned oil company, Petrobras, has marked a strategic return to the African oil and gas sector with the acquisition of a 42.5 per cent stake in an offshore oil …
AfricaAFRICA NEWSEnergyEnergy SectorOil & Gas
- AfricaAfrica EconomyAFRICA NEWSEconomy
Africa’s growth hinges on execution, not ambition, say stakeholders at Business Convention
Growth dominated conversations at the 2026 Africa Business Convention (ABC), but speakers were quick to move away from lofty rhetoric, insisting that Africa’s next phase of economic expansion will depend …
- AFRICA NEWSNewsTechnologyTelecommunications
Ethio telecom, Djibouti Telecom, and Sudatel Group Sign Tripartite Agreement
In a historic move set to transform digital connectivity across East Africa, Ethio Telecom, Djibouti Telecom, and Sudatel Group yesterday signed a tripartite agreement under the Horizon Fiber Initiative, establishing …
- AfricaAFRICA NEWSEntrepreneurshipNews
Alakija’s Flourish Africa Provides N300m Grants for Women Entrepreneurs
Flourish Africa, a women-focused empowerment initiative founded by Apostle Folorunsho Alakija, has disbursed N300 million in grants to women entrepreneurs across Nigeria following a nationwide training and business pitch programme. …
- AfricaAFRICA NEWSEntrepreneurship
Apply Now: $5,000 Seed Grants for African Startup Technology Entrepreneurs
African startups raised only $2.2 billion in 2024, representing just 0.6% of global startup funding, highlighting a massive financing gap that leaves promising tech entrepreneurs without the capital needed to …
- AfricaAFRICA NEWSNewsTechnologyTelecommunications
North Africa’s 5G connectivity spikes as rest of continent lags behind
North African countries are rapidly pulling ahead in the race for fifth-generation (5G) connectivity, creating a Mediterranean digital corridor that is setting the pace for the rest of the continent. …
Thousands of users of ChatGPT, the artificial intelligence chatbot developed by OpenAI, were left stranded yesterday after the platform experienced a widespread service outage that disrupted conversations and access across …
- AfricaAFRICA NEWSGhanaGhana EconomyWestern Africa
Persistent delays at Ghana’s ports undermine trade flows – World Bank
The World Bank has raised concerns over persistent delays at Ghana’s ports, warning that prolonged cargo clearance timelines are weakening trade flows and limiting private-sector expansion, particularly for importers and …
Bitcoin, Ethereum and other major cryptocurrencies have extended their sharp decline, with market watchers cautioning that the turbulence may not be over yet. Bitcoin, the world’s largest cryptocurrency by market …
Nearly half a trillion dollars has been erased from the global cryptocurrency market in less than a week, as an aggressive selloff led by Bitcoin rattles digital asset investors. Data …