Business
Rwanda Accuses Tanzania of Blocking Its Milk Exports
Tensions between Rwanda and Tanzania have escalated over trade, as Rwanda accuses its East African neighbor of blocking its milk exports. The dispute...
Nigeria Partners with Ericsson to Launch 5G Innovation Lab
Nigeria has signed a Memorandum of Understanding (MoU) with Swedish telecommunications giant, Ericsson, to establish a 5G Innovation Lab. This collaborative effort aims...
MTN Nigeria Introduces Eco-Friendly Biodegradable SIM Cards
MTN Nigeria has unveiled a groundbreaking initiative in its efforts to reduce environmental impact by launching paper-based biodegradable SIM cards. This move aligns...
Dangote’s fortune has soared more than 2x on Refinery Prospect
Aliko Dangote, Africa’s richest man, has reached a significant milestone with the successful launch of the Dangote Refinery, located on the outskirts of...
Chinese Firm to Invest $300 Million on Steel Plant in Nigeria
Inner Galaxy Steel Company Limited, a Chinese steel manufacturer, has announced plans to invest $300 million in establishing a new steel plant in...
Flour Mills of Nigeria Unveils $1 Billion Expansion Plan
Flour Mills of Nigeria (FMN), the country’s largest miller, has announced an ambitious $1 billion expansion plan set to unfold over the next...
Nigerian Oil Regulator Rejects Shell’s $1.3 Billion Asset Sale to Local Consortium
Nigeria’s oil industry regulator has rejected Shell’s proposed $1.3 billion divestiture of its onshore assets to a local consortium, Renaissance Africa Energy Company...
Jumia to Exit South Africa and Tunisia
Africa-focused e-commerce giant Jumia Technologies is set to shut down its South African fashion retailer Zando and cease its operations in Tunisia by...
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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...
