NAICOM, Nigeria’s National Insurance Commission on Tuesday announced the withdrawal of the operational licenses issued to Standard Alliance Insurance Plc and Niger Insurance Plc. The regulator also announced the appointment …
Kenyans running online businesses and the increasingly ubiquitous payment portals, are the latest target for cybercriminals. This revelation emerged during the inaugural Africa Cybersecurity Congress held in Nairobi, a development …
Following an Equality Court ruling, Nedbank has said it will continue to offer banking services to businessman Iqbal Survé’s Sekunjalo Group Last week the court granted Survé, Sekunjalo and its subsidiaries …
The First ever rice symposium organized by the Korea-Africa Food and Agriculture Cooperation Initiative (KAFACI) is being held in Kenya, under the Kenya Agricultural Livestock Research Organization (KALRO). The symposium …
The 6th edition of Vivatech, a major international event for innovation and digital technology, has just opened in Paris. More than 400 startups from all over the world are here to showcase their latest …
Crossboundary, (CBEA) a Kenya-based Energy Access has raised $25 million to finance solar-powered minigrids across Africa. The funding was raised from ARCH Emerging Markets Partners limited, Bank of America, and Microsoft Climate …
Capital Town-headquartered venture capital (VC) firm HAVAÍC has announced the completion of its first investment in ShopEx, a Nigeria retailer. HAVAÍC says it is investing US$400,000 from its US$20 million …
The Spar group reported a 5% increase in group sales to R67.6 billion, with operating profit increasing by 7% to R1.8 billion in the six months to end-March. Its diluted …
Developing and investing in the Africa’s education sector is more crucial than ever. Strengthening Africa’s educational system to facilitate participation of young people in the development of African countries has …
The top five Nigerian banks by market capitalization FUGAZ (FBN Holdings, UBA Plc, Guaranty Trust Bank, Access Bank and Zenith Bank) paid N8 billion as an information technology tax in …