Africa’s digital economy is expanding rapidly, highlighting the need for reliable and scalable IT infrastructure. Colocation plays a vital role in this expansion, allowing various clients to house their servers …
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AFRICA NEWS
- AfricaAFRICA NEWSEnergyOil & Gas
TotalEnergies says will quit South African offshore gas block
by Editorby EditorTotalEnergies (TTEF.PA), a major French oil company, announced on Monday its decision to exit an offshore natural gas block located off the southern coast of South Africa due to the …
MTN Nigeria confirmed yesterday that it has closed its offices across the country to protect its employees from further harm following incidents on Monday. The company is currently assessing the …
The International Monetary Fund (IMF) has approved a bailout of $3.4bn (£2.6bn) for Ethiopia to support its economic reforms over the next four years. The Horn of Africa nation has …
- AfricaAFRICA NEWSBusiness Policies
Africa’s Business Heroes Announces Top 50 Finalists for 2024 Prize Competition
by Editorby EditorAfter 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 …
- 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 …
- 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 …
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 …
- 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 …
- 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 …