Airtel Africa reported on Thursday a net profit of $7 million for the first quarter of the current financial year (Q1FY25), a rebound from a net loss of $170 million …
AfricaAFRICA NEWSBusiness Policies
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Business Policies
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AfricaAFRICA NEWSBusiness Policies
Africa Re crosses $1bn revenue milestone for 2023
by Editorby EditorThe African Reinsurance Corporation (Africa Re), the leading pan-African reinsurance firm, has achieved a revenue surpassing $1 billion in 2023. During its 46th Annual Ordinary Meeting and General Assembly in …
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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 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 NEWSBusiness Policies
New Report Highlights Best Practices to Support African Businesses
by Editorby EditorNew Country Policy and Institutional Assessment Report for Africa Highlights Best Practices to Support African BusinessesThe annual Country Policy and Institutional Assessment (CPIA) for Africa confirms that countries in Sub-Saharan …
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AfricaAFRICA NEWSBusiness Policies
Economic integration: FG promotes unified business laws for Africa
by Editorby EditorThe Federal Government emphasizes the importance of African countries adopting unified business laws to boost investment and facilitate economic integration. Mr. Adegboyega Oyetola, the Minister of Marine and Blue Economy, …
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AfricaAFRICA NEWSBusiness Policies
Nigeria’s food importation policy could destroy agriculture sector – Adesina
by Editorby EditorAkinwumi Adesina, the president of the African Development Bank, has warned that Nigeria’s decision to permit large-scale food importation could harm the country’s agriculture sector. On July 10, Nigeria’s agriculture …
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AfricaAFRICA NEWSBusiness Policies
Tesla Cars Made it to Chinese government purchase list
by Editorby EditorTesla’s best-selling Model Y has been included in a list of electric and plug-in hybrid models that a local government in China can purchase as service cars. This marks the …
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AfricaAFRICA NEWSBusiness Policies
MTN to Construct West Africa’s Largest Data Centre
by Editorby EditorMTN Nigeria has announced plans to construct the largest data centre in West Africa, a state-of-the-art facility designed to significantly boost the region’s digital infrastructure. The new data centre will …