Business
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...
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...
Don't Miss
First Group of Migrants Deported from US Arrive in Rwanda Under Controversial Deal
Seven migrants deported from the United States have arrived in Rwanda, marking the beginning of a controversial deportation agreement between President Donald Trump’s...
Africa Faces Severe Shortage of Life-Saving Food for Malnourished Children Amid Global Aid Cuts
At least four African countries Nigeria, Kenya, Somalia, and South Sudan are on the brink of running out of life-saving therapeutic food for...
