Nigerian exchange activities began the week on a negative note due to the sell-offs of MTNN, Eternal, Guaranty Trust Bank Company and International Breweries stocks. More…
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French ride-hailing app Heetch recently launched in Senegal – the second app to do so recently to assess an untapped market. The firm is also set…
Standard Chartered Bank Kenya said on Monday that its pretax profit rose 70% to a five-year high last year, but that surging energy prices stemming from…
Shell has been ordered not to sell any assets in Nigeria until a decision is made on the company’s appeal of a nearly $2 billion fine…
MTN Nigeria Communications Plc (MTNN) and Nigerian Exchange Ltd. (NGX) signed an MoU on Monday to promote financial literacy and enhance retail participation in the Nigerian…
Ghana’s Revenue Authority has launched a new policy that seeks to tax non-residential digital companies such as Netflix, Amazon, Alibaba etc. The E-Commerce and Digital Service…
Mobility fintech, Moove Africa, which provides revenue-based financing to mobility entrepreneurs across Africa, has raised $105 million in an oversubscribed Series A2 round consisting of equity…
https://www.youtube.com/embed/L1jypBWqvo0 With the combination of pandemics, inflation and now conflict; there are causes to worry about looming stagflation, not only in Africa but in global economies…
The South African government is launching a new loan scheme that will run for three years and cost R721 billion. This is aimed at supporting South…
Millers in Zimbabwe have raised the prices of maize and flour as the ongoing Russia-Ukraine conflict has driven up global grain and fertilizer costs. The Grain…