The exit of several multinational detergent companies from the Nigerian market has opened up a new opportunity for local manufacturers to meet the growing demand for premium detergents. The gap …
investment
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Business and EconomyINVESTMENTManufacturingNigeriaWestern Africa
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Business and EconomyFinance & ServicesINVESTMENTNigeriaPoliciesWestern Africa
Nigeria’s Interest Rate Among Top Five Globally, Says MPC Member
A member of the Central Bank of Nigeria’s Monetary Policy Committee (MPC), Mustapha Akinkunmi, has revealed that Nigeria’s interest rate ranks as the fifth highest in the world. This disclosure …
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EnvironmentInfrastructureINVESTMENTNigeriaTransportation & LogisiticsTravel & TourismWestern Africa
Lagos State Launches Omi Eko Project to Attract £410 Million Investment
The Lagos State Government has initiated the Omi Eko project, a comprehensive plan aimed at revitalizing the state’s waterways and attracting £410 million in investments. The project seeks to enhance …
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EconomyEnergyGOVERNMENTINVESTMENTOil & GasPolicies
NNPC Limited to Sell Shares in Landmark Move Towards Privatization
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced plans to sell shares to the public as part of its transition into a fully commercial entity. This move is …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessBusiness and EconomyINVESTMENTSouth Africa
South African Rand Rises as Gold Prices Hit Record High
The South African rand edged higher today, March 18, 2025, gaining 0.4% to trade at 18.0175 per U.S. dollar, following a strong rally in gold prices. Gold soared to an …
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AfricaAFRICA NEWSBusiness and EconomyEconomyINVESTMENTNigeriaReal Estate
West Africa Property Investment Summit 2023: Industry Leaders Chart Course for Resilient Future
In a significant gathering of real estate influencers, the West Africa Property Investment Summit 2023, which took place on Wednesday, 23rd November, brought together leading figures from Kenya, Ghana, South …
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AfricaAFRICA NEWSSouthern Africa
Zambia now good for investment, Kanyama tells ‘diasporans’
by Editorby EditorZAMBIA’S Ambassador to the United States of America (USA), Chibamba Kanyama, has called on Zambians living in the diaspora to leverage the stable macro-economic environment prevailing in the country and …
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AfricaAFRICA NEWSBusinessINVESTMENTNewsTechnologyTelecommunications
Wiocc Group secures $30M equity investment to support Africa’s Digital infrastructure expansion
Wiocc Group, a leading digital connectivity and infrastructure provider in Africa, has secured a US$30-million (R540-million) equity investment from the International Finance Corporation (IFC). The new investment will support WIOCC …
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AfricaBanking, Finance & InvestmentBusinessINVESTMENTNewsSouth AfricaSouthern Africa
SA’s Fedgroup adds hemp to its impact farming investment options
South Africa’s financial services provider Fedgroup has added alternative asset cannabinoid hemp to its impact farming investment options, allowing investors to tap into an emerging market projected to be worth …
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Investors gained Sh42.1 billion in paper wealth in the highest daily gain at the Nairobi Securities Exchange (NSE) in three weeks as markets welcomed the Supreme Court ruling upholding the …