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Africa DevelopmentEconomy

Nigeria, UK to promote economic ties with new partnership

Nigeria and the United Kingdom have established a partnership to promote economic growth, enhance security cooperation and strengthen self-reliance.Nigerian Foreign Minister Yusuf Tugal and British lawyer David Lamy spoke of…

Christabel Airo Christabel Airo November 5, 2024
Africa DevelopmentEconomy

Nairobi Securities Exchange to increase investor wealth by KSh420 billion

Investor wealth on the Nairobi Securities Exchange (NSE) increased by Ksh419.5 billion in the 10 months to October 2024, as confidence in investors, particularly domestically, returned and the economy continued…

Christabel Airo Christabel Airo November 5, 2024
Africa DevelopmentEconomy

CIB becomes first bank to accept electronic checks under Egypt’s new tax law

Minister of Finance for Public Policy, Sharif Al-Kilani, expressed the determination of the Minister of Finance to maintain an open line of communication with the successful partners of the Ministry…

Christabel Airo Christabel Airo November 4, 2024
Africa DevelopmentEconomy

Kenyan company loses bid to buy back property from NSSF

The Kampala High Court has dismissed a suit filed by Kenyan company Alcon International against the National Social Security Fund (NSSF) seeking the recovery of plant, machinery, equipment and construction…

Christabel Airo Christabel Airo November 4, 2024
Africa DevelopmentEconomyTechnology

Nigeria to advance domestic manufacturing of Electric Vehicles

The Federal Government of Nigeria, through the National Automotive Design and Development Council (NADDC), has embarked on an initiative to foster local manufacturing and assembly of electric vehicles (EVs). According…

Oluwatobi Adebayo Oluwatobi Adebayo November 4, 2024
Africa DevelopmentEconomy

Nigerian Startups to get support from Japanese Companies

The Japan External Trade Organisation (JETRO), led by Managing Director and Trade Commissioner Takashi Oku, has been actively facilitating more partnerships to drive mutual trade and investment between Japan and…

Oluwatobi Adebayo Oluwatobi Adebayo November 4, 2024
Africa DevelopmentEconomy

US 2024 Election: What does a Trump or Harris win mean for the Naira?

The year 2024 is a pivotal one in the political history of the United States as its citizens decide who will pilot the country for the next four years. This…

Oloruntoba Yusuf Oloruntoba Yusuf November 4, 2024
Africa DevelopmentEconomy

Nigeria targets improved power supply with EU’s €17 million

The Federal Government of Nigeria is targeting an improvement in the country's power sector through a new €17 million agreement signed with the European Union. This is comAs part of…

Oloruntoba Yusuf Oloruntoba Yusuf November 1, 2024
Africa DevelopmentEconomyTechnology

Niger grants license to Starlink for improved internet service

Niger has granted a license to Starlink, SpaceX’s satellite internet provider, to operate within the country. This marks a significant step toward expanding internet access across its vast and often…

Oluwatobi Adebayo Oluwatobi Adebayo November 1, 2024
Africa DevelopmentEconomy

National Bank of Ethiopia to increase bank liquidity with new Interbank market platform

The National Bank of Ethiopia (NBE) has launched an electronic financial market that will allow bank loans.The system will be managed by the Ethiopian Stock Exchange (ESX) to ensure security…

Christabel Airo Christabel Airo November 1, 2024
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Safaricom’s earnings could hit 50% in new financial projection
Africa Development Economy Technology May 9, 2025
Afreximbank unveils new $1bn fund to boost film industry
Africa Development Economy May 8, 2025
Ponzi Schemes: How to spot them before It’s too late
Africa Development Economy May 8, 2025
Ghana’s inflation slows for 4th consecutive month, now 21.2%
Africa Development Economy May 7, 2025
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