News from across Africa covering business, markets, policy and development in North, West, East, Central and Southern Africa.
Twitter is pressing for a quick trial, and Elon Musk’s lawyers are making a case to slow things down. In the lawsuit Twitter filed against its would-be owner, the company argued …
The Executives of a United States fintech company, Ping Express, have pleaded guilty to breaching money laundering rules after sending $167 million to Africa unchecked in less than 3 years. …
The Nigerian Customs Services has deactivated Five Star Logistics Limited terminal from its portal at the Tin Can Island port over N97.3 million debt. This was disclosed by the Association …
Searcher Seismic is planning a survey looking for oil offshore South Africa, months after it called off an earlier search due to a court challenge. The company is applying for …
Kenya is set to receive Ksh 7.4 billion ($63M) loan from the African Development Bank (AfDB) to support food security efforts amid rising cost of inputs and prevailing drought. The loan …
Kenya’s e-mobility startup, BasiGo has won Ksh 3 million ($25,000) Keeling Curve Prize (KCP) for its efforts to reduce greenhouse emissions. Basi-Go is among 10 companies awarded the prize by …
Fintech company, Flutterwave, has said it will be shutting down its virtual dollar card service also known as Barter card, effective from July 17, 2022. The company disclosed this in …
The National Bureau of Statistics on Friday revealed that the nation’s headline inflation rate increased to 18.60 per cent in June, up from 17.71 per cent in the previous month. …
The United Bank for Africa (UBA) has officially launched a new branch in the United Arab Emirates (UAE). The Nigerian tier-1 bank is extending its operations to the oil-rich Middle East country …
The organisers of AKWAABA African Travel Market have announced a partnership with Turkish firm Turquaz Health Tourism as their Official Exclusive Partner for this year’s AKWAABA event. Turquaz Health is …
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