After 10 years of being CEO at Deloitte Africa, On Tuesday 31st May Lwazi Bam finally retires. “It’s been a big run for ten years, 28 years at the same …
Africa
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Shoprite and Checkers have recalled a specific batch of canned tuna products owing to possible defects in the cans. Some 170g cans of Cape Point light meat shredded tuna in …
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Dangote Industries Ltd. (DIL), has emerged the most admired brand in Africa for the year 2022, making it the fifth consecutive time. According to Mr. Tony Chiejina, Group Head, Corporate …
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A Ghanaian cancer research and diagnostic startup Yemaachi Biotech plans to expand the world’s knowledge of how cancer affects people of African descent. Yemaachi Biotech is a home grown research …
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AfricaEnergyWestern Africa
Africa needs an annual investment of $40 billion on energy for electricity, AFDB says
The African Development Bank (AFDB) says Africa needs an annual investment of $32 billion to $40 billion along the energy value chain to achieve universal access for electricity by 2030. …
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African Bank has bought Grindrod Bank to cement its recent entry into business banking. The bank announced on Thursday that it has acquired 100% of Grindrod Bank, a subsidiary of …
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AfricaBusinessEntrepreneurshipPress ReleasesTechnology
Paystack Partners with Xero; Integrates features into its platform.
Modern online payment platform Paystack on the Tuesday announced its new partnership scheme with Xero. Xero is an accounting software app that helps business owners to optimize numbers, receipts, banks …
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South Africa’s rand was little changed on Friday, holding on to most of the gains made in the previous session after the central bank announced its biggest rise to the …
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BusinessManufacturing & Consumer GoodsPress OfficePress ReleasesTransportation & LogisiticsWestern Africa
Innoson soon to launch tricycle production in Nigeria
The company says it has produced 100 prototypes to get feedback from users in Nigeria. Innoson Vehicle Manufacturing Comapany (IVM) says it is diversifying into the production of tricycles, in …
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Banking, Finance & InvestmentBusinessInformation & TechnologyPress ReleasesWestern Africa
MTN’s MoMo Payment Service Bank sets to begin operations in Nigeria
MoMo Payment Service Bank (PSB), the fintech subsidiary of MTN Nigeria Plc has commenced commercial operations in Nigeria. The telecom giant notified its shareholders and the investing public of the …