Business
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Business
Cameroon’s Separatist Group Launches New Cryptocurrency AmbaCoin
Cameroon’s separatist group fighting for the independence of the state of Ambazonia is reportedly selling its own cryptocurrency called the…
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Business
Rain CEO Confirms eSIM Devices Are Working Well On Rain’s Mobile Network
Rain, one of South Africa’s leading mobile network operator, has confirmed that the eSIM devices currently running on its mobile…
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Business
NCC Assures Disconnection Notice Won’t Affect Any Telecom Subscriber
The Nigerian Communications Commission, NCC’s Executive Commissioner for Stakeholder Management, Mr. Sunday Dare, has announced that NCC’s recent order to…
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Business
Air Peace To Begin Long-Haul Flights By 2019
Private Nigerian Airline Air Peace will reportedly begin its long-haul flights to Dubai, Guangzhou-China, Houston, Johannesburg, London, Mumbai, and Sharjah…
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Business
NCAA Fined Four Airlines For Not Meeting Civil Aviation Regulations
The Nigerian Civil Aviation Authority (NCAA) has reportedly sanctioned four scheduled and non-scheduled airlines for violating regulations as outlined by…
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Business
CBN Deploys Automated Consumer Complaint Management System To Address Consumer Grievances
The Central Bank of Nigeria (CBN), on Friday, announced that it has deployed an automated Consumer Complaint Management System (CCMS)…
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Business
Nairobi Commuter Railway System Up For Up-gradation
Nairobi Public Transport system is getting a major overhaul with a fleet of commuter trains coming in the next few…
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Business
Minimum Wage: NECA Warns Muhammadu Buhari Against Further Delay
The Nigeria Employers’ Consultative Association (NECA) on Thursday expressed its disappointment over delay in implementation of the new national minimum…
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Business
Nigeria Faced A Total Of 12 Power Grid Collapses In 2018
Latest data coming from the Ministry of Power, Works and Housing suggest Nigeria faced a total of 12 power grid…
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Business
Starbucks Abandons Expansion Plans In South Africa Due To High Operating Costs
US coffee giant Starbucks has reportedly abandoned its expansion plans in South Africa owing to high operating costs and tight…
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Business
China’s Zhejiang Huayou Cobalt Co To Build A New Copper Project In Democratic Republic Of Congo
China-based Zhejiang Huayou Cobalt Co confirmed in a filing to the Shanghai stock exchange on Tuesday that it is going…
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Business
MTN Group Finally Resolves On Going Dispute With Central Bank of Nigeria
The MTN Group, which is South Africa’s largest mobile telecommunications company, has reportedly resolved an ongoing dispute with Nigeria’s central…
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Business
African Civil Aviation Alliance Likely To Get A Launch Before March 2019
Four African airlines are reportedly planning to launch the first African Civil Aviation Alliance early next year. The move is…
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Business
South African Power Utility Eskom Announces Major Top Management Reshuffle
South African electricity power utility Eskom has decided to lay off several of its top executives bringing the number to…
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Business
Eranove Group Signs Concession Agreement For Construction Of New Power Plant In Côte d’Ivoir
The Eranove Group, which is a Pan-African industrial group, on Wednesday, signed a concession agreement with the Ivorian government for…
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Business
Oragroup Announces Success Of Its Initial Public Offering
The Pan-African banking group Oragroup on Wednesday announced the success of its initial public offering. The company’s IPO, which was…
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Business
ECP Acquires Major Stake In Kenyan Restaurant Chain Artcaffe Group
Africa-focussed investment firm Emerging Capital Partners on Wednesday announced that it has acquired a majority stake in Kenyan restaurant chain…
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Business
Siemens To Invest 500 Million Euros For Infrastructure Expansion Of African Countries
German engineering company, Siemens, has announced that it is going to invest an additional 500 million euro ($569 million) in…
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Business
Naspers Invests Huge In India-Based Ed-Tech Compnay Byju’s
Africa’s tech giant Naspers and Canada’s state pension fund have reportedly pumped in a total of $540 million as an…
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Business
Donald Trump Says General Motors Will Not Be Treated Well
President Donald Trump has already expressed his disappointment and anger over General Motors’ announcement of closing factories in Michigan, Ohio,…
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Business
Donald Trump Threatens To Cease Federal Subsidies To General Motors
The United States President Donald Trump has threatened to cut all federal subsidies provided to General Motors for making electric…
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Business
US-China Trade War To Slow Down Global Economy Growth, Predicts IMF
The escalating trade war between China and the United States is doing nothing good for either of the countries. The…
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Business
Google CEO Sundar Pichai Paid A Rare Visit To White House On Friday
Google chief executive Sundar Pichai on Friday paid a visit to the White House where he met with Larry Kudlow,…
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Business
SEC Files Lawsuit Against Tesla CEO Elon Musk
The US Securities and Exchange Commission on Thursday filed a lawsuit against Tesla CEO Elon Musk accusing him of securities…
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Business
China Is Hoping US Will Take Necessary Steps To Correct Its Behavior
The China Commerce Ministry on Thursday said that it is hoping the United States will show sincerity and take necessary…
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