Business
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...
Kenya Revenue Authority Plans to Tax Cryptocurrency Transactions
The Kenya Revenue Authority (KRA) is taking a bold step to expand its tax base by integrating cryptocurrency transactions into its tax collection...
JPMorgan Chase Expands into Kenya and Côte d’Ivoire
JPMorgan Chase, the largest bank in the United States, is setting its sights on Africa as part of a strategic expansion into new...
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...
