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    Safaricom’s earnings could hit 50% in new financial projection
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Africa DevelopmentEconomy

Ghana raises Cocoa price by almost 45% to boost farmers’ Incomes

Ghana has raised the fixed farmgate price paid to cocoa farmers by nearly 45% to help boost their incomes and curb smuggling.The new price raises the payment for a 64-kilogramme…

Oluwatobi Adebayo Oluwatobi Adebayo September 13, 2024
Africa DevelopmentEconomyTechnology

How to leverage social media for business growth in developing Economies

Social media is an online platform that allows people to create, share and exchange ideas, content, information, videos or images in computer-based interactive communities.Brands that successfully leverage social media have…

Christabel Airo Christabel Airo September 13, 2024
Africa DevelopmentTechnology

Liquid expands cyber security services, a game-changer for businesses in EA

Liquid Intelligence Technologies has announced the addition of new cybersecurity solutions to its Cybersecurity Convergence Center (CSFC) offerings.Liquid has significantly broadened its cybersecurity portfolio for businesses operating in East Africa.…

Christabel Airo Christabel Airo September 13, 2024
Africa DevelopmentEconomy

African Development Bank raises $2 billion in Bonds as it celebrates Diamond Jubilee

The African Development Bank (AfDB) has successfully launched and priced a new $2 billion five-year Social Benchmark bond, maturing on September 18, 2029.This issuance coincides with the bank's 60th anniversary…

Oluwatobi Adebayo Oluwatobi Adebayo September 13, 2024
Africa DevelopmentEconomy

Ivory Coast becomes Nigeria’s biggest trade partner in Africa

Ivory Coast has become Nigeria's biggest trade partner following the importation of crude oil worth N2.5 trillion in the first half of this year. This is according to the latest…

Oloruntoba Yusuf Oloruntoba Yusuf September 13, 2024
Africa DevelopmentEconomyTechnology

Nigeria unveils plan to generate $100 billion from creative industry

The Nigerian government has unveiled plans to generate an annual revenue of at least $100 billion through the creative industry. The plan was unveiled by the Minister of Arts, Culture…

Oloruntoba Yusuf Oloruntoba Yusuf September 12, 2024
Africa DevelopmentEconomy

Rwanda’s honey industry and Its emerging partnership with China

China has announced a new plantation agreement with Rwanda after signing a major deal during the recently concluded Forum on China-Africa Cooperation (FOCAC) summit.At the meeting, the two countries issued…

Christabel Airo Christabel Airo September 12, 2024
Africa DevelopmentEconomy

Nigeria partners with World Bank to unlock $300bn in untitled land parcels

Nigeria's Ministry of Housing and Urban Development has partnered with the World Bank to address the country's land registration challenges. With over 90% of land in Nigeria currently untitled, this…

Oluwatobi Adebayo Oluwatobi Adebayo September 12, 2024
Africa DevelopmentTechnology

Nigerian Government sues four unlicensed crypto traders

The Federal Government of Nigeria has filed criminal charges against four individuals and several firms for allegedly conducting cryptocurrency-related businesses without valid banking licenses.The defendants were also charged with violating…

Oluwatobi Adebayo Oluwatobi Adebayo September 12, 2024
Africa DevelopmentTechnology

Nigerian fintech Rise acquires Kenya’s Hisa

One of Nigeria’s leading global business startups has made its second acquisition in less than a year after acquiring Hisa, a Kenyan startup that promotes social justice.Erick Asuma, the Co-founder…

Christabel Airo Christabel Airo September 12, 2024
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Latest News

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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