News from across Africa covering business, markets, policy and development in North, West, East, Central and Southern Africa.
Xend Finance, a global crypto bank, has announced the launch of XendBridge, a digital payment API, and SwitchWallet, a free public wallet infrastructure. The launch of XendBridge and SwitchWallet add …
The President of the Democratic Republic of Congo, Félix Tshilombo, has invited international investors to tender bids for the country’s oil and gas blocs as the government moves to diversify …
Shelter Afrique, a Pan African housing development financier has posted an operating profit of $1.04 million up from an operating loss of $ 0.58 million the Company recorded in 2020, …
President Muhammadu Buhari has approved the designation of Lekki Deep Seaport, Nigeria’s deepest Seaport as a Customs Port and Approved Wharf. The Nigerian Port Authority (NPA) disclosed this in a statement posted …
Peter Obi, the presidential candidate of the Labour Party, has criticised the Federal Government of Nigeria over sending public officeholders on training abroad which he has described as misplaced priorities …
FCMB Group Plc recorded a profit before tax of N15.4 billion, a 73.2 per cent year-on-year growth compared to N8.9 billion in 2021 and double-digit growth across its business segments. …
Seplat Energy on Thursday in a filing to the capital market, Nigerian Exchange Limited (NGX), announced the resignation of Arunma Oteh as a non-executive Director in the company. Arunma Oteh, …
The federal government of Nigeria says it will start implementing a five percent inclusive excise duty on telecommunications services in Nigeria. The development is coming months after President Muhammadu Buhari approved excise …
Ethiopian Airlines has already ordered 22 A350-900s, of which 16 aircraft have been delivered. With the A350-1000 upsizing, Ethiopian Airlines’ backlog consists of four A350-1000s and two A350-900s. The A350-1000 …
Addax Petroleum Development Nigeria workers have embarked on strike over anti-labor practices. Nigeria’s oil production may suffer a further decline of 22,000 barrels of oil per day as a result …
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