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 …
Category:
AFRICA NEWS
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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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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 …
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AfricaAFRICA NEWSBusiness Policies
Neimeth seeks patient capital, local patronage as profit hits N1.5 billion
Neimeth Pharmaceuticals Plc has called on the Federal Government to create pathways for pharmaceutical manufacturers to access long-term financing, saying the move is critical to sustaining investment in local drug …
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Nigeria is set to experience fresh power disruptions this week following a planned gas infrastructure maintenance that will temporarily shut down nearly 1,000 megawatts of electricity generation, tightening supply across …
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AfricaAFRICA NEWSAfrican EconomyEconomy
Africa Must Align Infrastructure, Policy and Capital to Achieve Energy Security – Ojulari
The Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, has identified shared infrastructure, policy alignment, coordinated investment frameworks, cross-border technology exchange and sustained regional diplomacy among National …
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