LULA, a ride-sharing platform based in South Africa, has announced its acquisition of the South African operations of the UK firm Zeelo, marking a significant expansion for the company. Established …
Africa
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AfricaAFRICA NEWSEntrepreneurship
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AfricaAFRICA NEWSSpotlight
African Farmers Blame Soil Degradation on Chemical Fertilizers
by Editorby EditorWhen Benson Wanjala began farming in his western Kenya village 25 years ago, his 10-acre farm yielded a robust harvest of 200 bags of maize. This output has now plummeted …
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AfricaAFRICA NEWSBusiness Policies
Zimbabwe to Host Canada-Africa Business Conference
by Editorby EditorHarare is set to host the prestigious Canada-Africa Business Conference this October, marking a significant event aimed at boosting trade and investment between Canada and Africa. Organized by The Canada-Africa …
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AfricaAFRICA NEWSBusiness Policies
CBN Hikes Rate Further to Cool Inflation, Halt Naira Fall
by Editorby EditorThe Central Bank of Nigeria (CBN) has announced another increase in the benchmark interest rate, raising it by 150 basis points to 26.25% in a bid to tackle rising inflation …
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AfricaAFRICA NEWSSpotlight
No need for protests in Nigeria, says Tinubu as ministers meet today
by Editorby EditorPresident Bola Tinubu has called on Nigerians to avoid protests while his administration addresses the country’s urgent economic challenges. This appeal coincides with a crucial meeting the President is holding …
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AfricaAFRICA NEWSBusiness Policies
Dangote-Regulator Rift Threatens Jobs and Investments
by Editorby EditorThe ongoing clash between Dangote Group and Nigerian regulators raises concerns about possible job losses and decreased investment in the nation. The disagreement mainly centres on operational standards and compliance …
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AfricaAFRICA NEWSRWANDARwanda Daily
Residents in Musanze District pleased with Paul Kagame’s victory
by Editorby EditorIn the recent elections, Kagame received overwhelming support and won with a significant margin of 99.15%. However, Residents of Musanze District, are questioning the expectations set by certain groups that …
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AfricaAFRICA NEWSRWANDARwanda Daily
Paul Kagame’s vote share grew by 0.3 percent
by Editorby EditorPaul Kagame’s vote share grew by 0.3% according to the National Electoral Commission (NEC). The NEC revealed that Kagame maintained his lead in the presidential election with 99.18% of the …
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AfricaAFRICA NEWSEnergyOil & Gas
Court Rules Oando Minority Shareholders Cannot Be Forced to Sell Their Shares
by Editorby EditorThe Federal High Court, Lagos Division, has ruled that minority shareholders of Oando Plc cannot be compelled to sell their shares against their will. The verdict was delivered by Justice …
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AfricaAFRICA NEWSSouth AfricaSouthern Africa
Electrolux to Divest Its Water Heater Business in South Africa
by Editorby EditorSwedish appliance giant Electrolux announced on Thursday its decision to divest its water heater business in South Africa. The transaction, valued at approximately 1.4 billion crowns ($132.69 million), marks a …