South African Airways (SAA) continues to slide down the ranks of the world’s best airlines, dropping for the fourth consecutive year to its worst place on record. Meanwhile, Ethiopian Airlines …
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The pound has fallen to a record low against the dollar as markets react to the UK’s biggest tax cuts in 50 years. The development is coming less than a …
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Apple begins manufacturing iPhone 14 in India three weeks after launch
Apple has begun manufacturing its new iPhone 14 in India, narrowing a technology gap with the device’s main manufacturing base of China. Apple made the announcement on Monday, less than …
The United Kingdom (UK) has announced plans to reintroduce tax-free shopping for overseas visitors to boost the country’s retail sector. Kwasi Kwarteng, UK finance minister and chancellor of the Exchequer, …
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As COP27 looms, Africa receives a 10th of climate financing it needs
As the international climate community prepares for COP27 in Sharm el-Sheikh, Egypt, new analysis shows just how far off their host continent is in terms of attracting the finance it …
- AfricaAgricultureBusinessGlobal NewsINVESTMENTSpotlightTechnologyWestern Africa
CommonWealth appoints Dozy Mmobuosi as a member of its Global Advisor Council
The Commonwealth Enterprise & Investment Council (CWEIC), which is the official Commonwealth’s business network, has appointed Nigeria’s Dozy Mmobuosi as a member of its Global Advisor Council. Mmobuosi’s appointment, which was announced by the …
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Binance creates a new global Advisory Board, appoints two Africans
Leading cryptocurrency exchange, Binance, has announced the creation of a new Global Advisory Board (GAB). The new board is composed of well-known 11 members who are experts in public policy, government, …
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Global recession looms amid broadest rate hikes in five decades, World Bank says
The global economy may face a recession next year caused by an aggressive wave of policy tightening that could yet prove inadequate to temper inflation, the World Bank said in …
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World Bank Warns of rising Global Recession Amidst Simultaneous Rate Hikes
The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates, the world bank warned Thursday, calling on governments to help boost supply …
- BusinessGlobal NewsNigeriaTechnologyWestern Africa
Nigerian government partners with France to improve electricity supply
The Nigerian government and the French Development Agency (AFD) in France has signed a grant agreement of €25 million for the Northern Corridor Project jointly funded by the European Union and …