Business
Nigeria’s Tax Reform Bill: A Path to Economic Growth or a Potential Burden?
The recently proposed Nigeria Tax Reform Bill 2024 has sparked widespread debate, with experts, businesses, and citizens evaluating its potential impact. Positioned as...
France Becomes Nigeria’s Leading Export Destination in 2024
France has solidified its position as Nigeria’s top net export destination, with trade volumes reaching unprecedented levels in the first half of 2024....
Standard Chartered Considers Exits from African
Standard Chartered, one of the world’s leading multinational banks, has announced that it is contemplating a strategic exit from its wealth management and...
African Diamond Producers Association to Introduce Sustainability Certification in 2025
The African Diamond Producers Association (ADPA) is set to launch a pioneering sustainability certification for African diamond producers in early 2025. This initiative,...
Dangote Refinery: Ghana Aims to Save $400 Million Monthly
Ghana has set its sights on sourcing petroleum products from Nigeria’s massive Dangote Oil Refinery, a strategic move expected to dramatically cut fuel...
Moniepoint Achieves Unicorn Status with $110 Million Series C Funding
Moniepoint Inc., Nigeria’s prominent business banking platform, has officially reached unicorn status following a successful $110 million Series C funding round. Founded in...
PetroSA CEO Suspended Amid Investigation
Xolile Sizani, the Chief Executive Officer of PetroSA Group, South Africa’s largest oil and gas company, has been suspended pending an investigation, as...
Octavia Carbon Secures $5 Million Seed Funding to Launch Direct Air Capture Plant
Kenyan cleantech startup Octavia Carbon has successfully raised $5 million in seed funding to develop its Direct Air Capture (DAC) storage plant. This...
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U.S. Pauses Assistance to Somalia After Dispute Over WFP Warehouse
Relations between Somalia and the United States have entered a period of sharp strain following Washington’s decision to pause further assistance that directly...
Deadly Election Violence Raises Alarms Over Policing in Tanzania
The nights following Tanzania’s October 29 elections were marked by a wave of violence that has left deep scars and raised troubling questions...
