The newly appointed chief executive officer of UBA UK, Loknath Mishra, has unveiled an ambitious strategy to position the bank at the centre of efforts to close Africa’s estimated $100 …
AfricaAFRICA NEWSBusiness Policies
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The Governor of the Central Bank of Nigeria, Mr. Yemi Cardoso, has stressed that Africa must accelerate growth, industrialisation and job creation while simultaneously tackling climate challenges and strengthening resilience …
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Despite recent commendations from the World Bank for Nigeria’s macroeconomic reforms under President Bola Tinubu, experts warn that the country’s approach risks prioritising optics over real change. Kingsley Moghalu, former …
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AfricaAFRICA NEWSEconomy
Nigeria Probes Temu Over Alleged Data Breaches, Platform Pledges Cooperation
Nigeria has opened a formal investigation into fast-rising e-commerce platform Temu over suspected violations of national data-protection regulations, in a move signalling intensifying scrutiny of foreign digital platforms operating in …
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AfricaAFRICA NEWSBusiness Policies
Dangote signs $400 mln equipment deal with China’s XCMG to speed up refinery expansion
Africa’s industrial conglomerate, Dangote Group, has sealed a $400 million equipment procurement pact with Chinese manufacturer Xuzhou Construction Machinery Group as part of an aggressive push to scale up its …
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Telecommunications giant MTN Group has announced that the board of IHS Towers has accepted an offer of $8.50 per share in a deal that could see the operator raise its …
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AfricaAFRICA NEWSSouth AfricaSouth Africa EconomySouthern Africa
Swiss Private Bank Pictet Opens First African Office in South Africa
Swiss private bank, Banque Pictet & Cie SA, has officially launched its first office on the African continent, marking a historic expansion for the 220-year-old wealth manager as the number …
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South AfricaSouth Africa EconomySouthern Africa
NiDCOM Condemns Killing of Nigerian in South Africa, Demands Justice
The Chairman/Chief Executive Officer of the Nigerians in Diaspora Commission, Abike Dabiri‑Erewa, has condemned the killing of a 22-year-old Nigerian e-hailing driver, Isaac Satlet, in Pretoria, South Africa, calling for …
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AfricaAFRICA NEWSEducation
African students win global prize for AI education system without internet
Two students of Texas Christian University, Happy Niyorurema and Mame Niang, have developed a technology that delivers educational content through ordinary voice calls, a breakthrough designed to tackle learning barriers …
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PalmPay has unveiled a new feature that allows users to request AfriGO payment cards directly within its mobile application, in a move aimed at widening access to card-based financial services …