Vodafone, British telecom group has announced plan to sell its 70% stake in Vodafone Ghana to Telecel Group. The transaction, which is still subject to “certain conditions”, will allow the …
WEST AFRICA
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AfricaBusinessGlobal NewsNewsTechnologyTelecommunicationsWestern Africa
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AfricaBusinessDangote IndustriesNewsNigeriaWestern Africa
Dangote Sugar records N29.73bn profit before tax in H1
Dangote Sugar Refinery Plc has declared a Profit Before Tax of N29.73 billion for the half year ended June 30, 2022. It said this on Tuesday in a report by …
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AfricaAgricultureBusinessFood ProductionNewsNigeriaWestern Africa
Federal Government of Nigeria sets up Committee to boost Cocoa production
The Federal Government of Nigeria, on Tuesday, launched the National Cocoa Management Committee (NCMC), to tackle some of the challenges in the cocoa sector. Speaking at the inauguration of the …
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AfricaBusinessFinance & ServicesNewsNigeriaTechnologyWestern Africa
Bank of Ghana probes Flutterwaves’ operations
The Bank of Ghana (BoG) is conducting a review on the activities of Flutterwave in the country. This is coming after the Central Bank of Kenya ordered banks and microfinance …
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AfricaBusinessGlobal NewsNewsReal EstateSouth AfricaSouthern AfricaTechnology
Digital Realty acquires South Africa’s Teraco
Digital Realty, a global real estate investment trust focused on cloud- and carrier-neutral data centres, colocation and interconnection solutions has completed acquisition of South Africa’s Teraco. In a similar field, …
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AfricaBusinessInsuranceNewsNigeriaWestern Africa
AXA Mansard Reports Revenue Increase of 33.87% in Q2
AXA Mansard Insurance Plc, a member of the AXA Group and a global insurance and asset management firm, has recorded revenue growth of 33.87% in the second quarter. The firm said that …
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AfricaBusinessEnergyNewsNigeriaOil & GasWestern Africa
Seplat Energy begins commercial injection of crude oil through Amukpe-Escravos pipeline
Seplat Energy, Nigeria’s leading energy supplier has commenced the commercial injection of crude oil through the new Amukpe-Escravos Pipeline located in Niger Delta. The company previously depended on the Trans …
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The new Changan CS15 Crossover has been launched into the Nigerian market, courtesy of Zahav Automobile Co., a subsidiary of Stallion group and Nigeria’s official representative of the brand. Unveiled …
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AfricaBusinessFinance & ServicesMobile Telecommunications Network (MTN)NigeriaTelecommunicationsWestern Africa
MoMo wallets records N2.4 active wallet, in less than two months
MoMo, MTN’s Payment Service Bank, has recorded 4.2 million wallets with 2.4 million being actively used in less than two months of its launch. The company disclosed this in its financial result …
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AfricaAgricultureBusinessFood ProductionNigeriaWestern Africa
Notore records N26bn Revenue, N2.6bn PBT
Notore Chemical Industries Plc, a vertically integrated agro-allied and chemicals business has recorded group revenue of N26.28 billion for the six-month period ended 30th June 2022. This translates to a …