Forbes’ latest report reveals that Africa’s billionaires have amassed a combined wealth of $105 billion, a significant Increase from $82.4 billion the previous year. This marks the first time their …
Cassava Technologies has partnered with Nvidia to launch Africa’s first artificial intelligence (AI) factory, a move set to transform digital infrastructure on the continent. The company, founded by Zimbabwean entrepreneur …
The Federal High Court in Lagos has indefinitely adjourned the case involving an alleged $225.8 million debt owed to First Bank of Nigeria Ltd and FBNQuest Trustees Ltd by General …
Nigeria has emerged as a leading force in the fight against cybercrime in Africa, with Interpol reporting the arrest of 306 suspects across the continent. This achievement is part of …
A recent report has revealed that digital payments across Africa are expected to reach a staggering $1.5 trillion by the year 2030. This growth is largely driven by the increasing …
The Federal Ministry of Industry, Trade and Investment has called an emergency meeting to address the growing concerns over a new levy introduced by the Financial Reporting Council of Nigeria …
Policymakers are calling for sweeping tax reforms aimed at removing regulatory bottlenecks that have long stifled business expansion. The push for reform comes as industry players warn that cumbersome tax …
Demonstrating a steadfast commitment to fostering entrepreneurship across Africa, the Tony Elumelu Foundation (TEF) has unveiled a $15 million grant to support 3,000 emerging entrepreneurs from 52 African countries. Each …
In a landmark development for Ethiopia’s financial sector, the Ethiopian Capital Market Authority (ECMA) has granted licenses to five new capital market service providers, including the country’s inaugural investment banks. …
The International Monetary Fund (IMF) has approved a $1.2 billion disbursement to Egypt following the completion of the fourth review of the country’s economic reform program. This decision underscores the …
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