The Nigeria Sovereign Investment Authority (NSIA) has awarded a total of $220,000 in cash prizes to some of Nigeria’s most promising startups during the third edition of its flagship innovation …
Finance & Services
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EconomyFinance & ServicesInnovationStartupsTechnology
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AFRICA NEWSEconomyFinance & ServicesGovernanceGOVERNMENTInternational AffairsNigeriaPolicies
Nigeria’s Shamseldeen Ogunjimi Elected Deputy Chairperson
Nigeria’s Accountant General of the Federation, Mr. Shamseldeen Babatunde Ogunjimi, has been elected as the Deputy Chairperson of the Executive Committee of the African Association of Accountants General (AAAG). His …
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AgricultureEconomyFinance & ServicesPoliciesRural DevelopmentTrade & Investment,
Ghana Hikes Cocoa Price to $5,040 Per Tonne for 2025/2026 Season
The Government of Ghana has approved a major increase in the producer price of cocoa, raising it from US$3,100 to US$5,040 per tonne for the upcoming 2025/2026 season. This is …
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BusinessFinance & ServicesHospitality, Travel & TourismPartnershipsTechnologyUGANDA
MoMo, UHOA Partner to Digitise Uganda’s Hotel Sector
MoMo, the financial technology arm of MTN Uganda, has signed a strategic partnership with the Uganda Hotel Owners Association (UHOA) to help digitise the hospitality industry through the use of …
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EnergyFinance & ServicesGovernanceKenyaOil & GasRegulation
Auditor General Questions Fuel Subsidy Payments and G-to-G Oil Deal in Kenya
The Auditor General of Kenya has raised serious concerns over the fuel price stabilization program and the Government-to-Government (G-to-G) petroleum importation scheme carried out during the 2023/2024 financial year. In …
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BankingEastern AfricaFinance & ServicesHousingReal EstateUrban Development
Absa Bank Pledges KShs 4 Billion to Support Affordable Housing in Kenya
Absa Bank Kenya has increased its financial commitment to the affordable housing sector with a new pledge of KShs 4 billion to support home loans for individuals. This represents a …
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CrimeCryptocurrencyFinance & ServicesNigeriaRegulation
West Africa Lost $2.1 Billion to Crypto Crimes in 2024
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has raised alarm over rising cases of fraud linked to cryptocurrency and digital assets across West Africa, saying …
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Eastern AfricaEconomyEmploymentFinance & ServicesPolicies
Kenya’s Economy Growing Fast, But Youth Unemployment Remains a Major Challenge
Chief Executive Officer of Equity Group Holdings, Dr. James Mwangi, has said that Kenya’s economic growth is not creating enough jobs for the country’s growing number of university graduates. In …
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BusinessCorporate NewsEnergyFinance & ServicesNigeria
Eterna Plc Posts N1.6bn Profit in First Half of 2025
Eterna Plc, one of Nigeria’s leading integrated energy companies, has maintained a strong financial position by posting a profit before tax of N1.6 billion for the first half of 2025. …
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BusinessEventsFinance & ServicesHospitalNigeria
Interswitch Pushes Tech Innovation in Nigerian Hospitality Sector
Interswitch, a top African tech company, has restated its commitment to transforming the hospitality sector across the continent using technology. This was made clear during its participation as an exhibitor …