Silicon Valley CEOs look to Africa as the next tech frontier
Sundar Pichai, Google Chief Executive Officer recently visited Lagos, Nigeria’s commercial capital. During his visit, Pichai
China leads way in Africa’s rising technology industry
It’s a match made in business heaven: Chinese technology companies hungry for expansion are diving into the less-developed
Outlook for South African banks slightly negative on economic gloom, political upheaval
The gloom gripping South African economy appears to be spilling over into the banking industry as earnings report for quarter two of
Zimbabwe’s economy reacts positively to Internet payments
Zimbabwean companies including Delta Corp Ltd. and BAT Zimbabwe Ltd. have seen their fortunes turn as cash-strapped consumers start to
Nigerians getting poorer as wealth per capita declines 20% in 2016, says new AfrAsia Bank report
The average wealth per person (wealth per capita) in Nigeria declined 20 percent in 2016 from about $2000 to $1,600, according to
Tanzania hands mining company $190 billion tax bill
Tanzania sent Acacia Mining Plc a tax bill equal to almost two centuries worth of the gold producer’s revenue. The government issued
Ecowas studying ramifications of Morocco membership, Nigeria’s Foreign Affairs Minister says
Geoffrey Onyeama Nigeria’s Foreign Affairs Minister said the Economic Community of West African States (Ecowas) is studying the
Ghana central bank shaves 1.5% off key rate as inflation slows
As markets await what many expect to be a hold on rates by the Monetary Policy Committee of the Central Bank of Nigeria, neighbours,
Kenya’s latest mobile phone bond falls short of target
An innovative Kenyan bond which is bought via mobile phone had raised far less than the 1 billion shillings ($9.6 million) targeted on
Alibaba’s Jack Ma urges African govts to promote entrepreneurship
Chinese billionaire entrepreneur Jack Ma on Friday called on African governments to promote entrepreneurship to address high levels of