The Council of Governors (CoG) in Kenya has issued a stern 14-day ultimatum to the National Treasury, demanding the immediate disbursement of Sh78.03 billion in delayed County Equitable Share funds …
Africa
- AfricaEastern AfricaEconomyKenyaKenya NewsPolitics
- AfricaAFRICA NEWSInformation & TechnologyTechnology
Google’s Taara: Africa’s Contribution to Starlink’s Rival Technology
In what appears to be a major technological leap in internet infrastructure, Google’s parent company, Alphabet, is pushing forward with Taara, an innovative project expected to rival Elon Musk’s Starlink …
Amidst rising living costs, Nigerians are increasingly turning to local markets as a practical solution to manage expenses without compromising quality. These markets offer fresh produce, essential goods, and services …
- AfricaBanking, Finance & InvestmentBusinessFinance & ServicesMarketsNigeriaWestern Africa
First HoldCo Rights Issue Records 25% Oversubscription, Signals Investor Confidence
In a major show of investor confidence, First Bank Holdings Plc (First HoldCo) has announced a 25% oversubscription in its recently concluded rights issue, underscoring strong market appetite for its …
Africa’s transition to a green economy is projected to generate substantial employment opportunities across the continent by 2030. A report by FSD Africa and Shortlist forecasts the creation of up …
- AfricaBusiness and EconomyEconomyEnergyNigeriaOil & GasWestern Africa
FG Panel Reconvenes Monday Over Naira-for-Crude Oil Controversy
Abuja — The Federal Government’s investigative panel set up to unravel the controversial “naira-for-crude oil” swap deal is expected to reconvene on Monday, March 25, amid growing public concern over …
- AfricaBusinessBusiness and EconomyEconomyGlobal NewsMarkets
Global Gold Prices Hit Record High Amid Economic Uncertainty
In a striking turn of events, gold prices have soared to an all-time high globally, as investors seek refuge amid rising economic uncertainties, inflation fears, and fluctuating interest rates. The …
- AfricaAFRICA NEWSBusinessBusiness and EconomyCryptocurrencyEconomyFinance & ServicesFintechNigeria
Africa Records 100 Million Crypto Users, Nigeria Tops Chart
Africa’s digital revolution is accelerating as cryptocurrency adoption surges across the continent, with a recent report revealing that over 100 million Africans are now using crypto assets—and Nigeria leads the …
- AfricaBanking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesFintechTANZANIATechnology
Tanzania’s E-Payment Boom Sparks Shift Toward a Cashless Economy
Tanzania’s payment landscape is rapidly evolving, with a significant surge in electronic transactions inspiring a national shift towards a cashless economy, according to recent reports from financial authorities and tech …
- AfricaAFRICA NEWSAviationBusinessBusiness and EconomyFinance & ServicesNigeriaWestern Africa
AMCON Moves to Recover Alleged N455bn Debt from Arik Air
The Asset Management Corporation of Nigeria (AMCON) has renewed its battle to recover a staggering N455 billion debt allegedly owed by Arik Air, one of Nigeria’s formerly leading domestic carriers. …