A plan to build a Sh28 billion city has moved a notch higher after the Nairobi Metropolitan Service in partnership with Kenya Railways picked UK firm Atkins Global to design …
Business Policies
The seven-month shutdown of Twitter cost the Nigerian economy $26.1bn (N10.72trillion) the Lagos Chamber of Commerce (LCCI) and Industry has said. “In business terms, the cost of the seven-month shutdown …
CEO optimism around global economic factors is at its highest in a decade, with 77% of 4 446 CEOs surveyed predicting improving conditions while only 15% expect the economy to …
Having secured about $31 billion in funding in the third quarter of 2021 alone, the world’s more than 26 000 fintech companies have together pulled the industry out of the …
Owing to the global inflationary trend linked to COVID 19 Nigeria’s economic activity in 2022 will be similar to that of 2021, one of the nation’s foremost economists, Mr Bismarck …
Within the first seven days of its arrival as a quoted company on the Nigerian Exchange in Lagos, fast-moving consumer goods firm BUA Foods Plc surged 59.1 per cent in …
Kenya’s passport is now the eighth most powerful in Africa and 71 globally after its mobility score improved six places in the latest ranking. The Henley Passport Index Report released …
- Business PoliciesWestern Africa
Violence, low vaccination, inflation threaten Nigeria’s recovery, World Bank warns
The World Bank has listed security tension, low COVID-19 vaccination and inflation as major factors that could dampen investment and economic recovery in Nigeria and some other sub-Saharan African (SSA) …
India and Britain are launching talks on pursuing a free trade deal that is expected to boost bilateral trade by billions of dollars in one of the most ambitious negotiations …
- Business PoliciesNorthern Africa
Egypt’s mobile wallet transactions increased to 160 per cent in 2021
Mobile wallet use in Egypt climbed 160 per cent in 2021 with a total of 227 million completed transactions. The total value of such purchases stood at 233 billion Egyptian …