Ghana accuses Moody’s and Fitch Ratings of ‘bias’ after its credit rating was downgraded by the agencies
The Ministry of Finance in Ghana has accused Moody’s Investors Service of bias, following the ratings agency’s decision to downgrade...
Meta warns it could pull Instagram and Facebook in Europe if it loses a data-sharing ruling
The tech giant said in its annual report Thursday that it may choose to pull some of its products in...
Nigeria Focus on ambitious plan to curb crude oil theft and plug revenue losses
Nigeria finally has an ambitious plan that will not only put an end to the lingering problem of crude oil...
Globacom Limited, owned by Nigerian billionaire Mike Adenuga signs network extension deal with Ceragon Networks to launch 5G in Nigeria
Globacom Limited (Glo) has entered into an agreement with Israeli network equipment supplier Ceragon Networks Limited to expand its nationwide...
The Kenyan Government will inject $176 million in heavily-indebted Kenya Airways
Amid the news that Kenya Airways is in the process of restructuring its debts, Business Insider Africa has gathered that...
Aliko Dangote’s auto company, Dangote Peugeot Automobile, begins assembly in Nigeria
Dangote Peugeot Automobiles Nigeria Limited (DPAN) has started assembling vehicles in Nigeria, beginning with the Land Trek, 3008, 5008 and...
Led by Target Global, African insurtech Casava secures $4 million pre-seed funding to provide microinsurance for millions of Nigerians
Casava, a Nigerian digital insurance company, has secured $4 million in pre-seed funding to provide affordable and accessible insurance products...
Egypt’s wealthiest man Naseef Sawiris loses $230 million as Adidas shares drop by 6%
Ikeanumba gathered that his net worth fell from $6.5 billion at the start of 2022 to $6.4 billion. Less than...
Nigeria’s foreign reserves lost $481.4 million this past January 2022
In the first month of 2022, Nigeria’s foreign reserves declined by 1.2% and shed $481.4 million in the process. According...