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...
In Kenya, KFC has run out of imported potatoes but would not patronize local farmers
The disruptions in the global supply chain due to the pandemic has resulted in KFC suffering a shortage of imported...
[Year in Review] Meet the 5 African entrepreneurs who made headlines in 2021
Many African entrepreneurs are taking giant leaps to drive the continent’s economic growth story. In 2021, 11 African companies each...
Elon Musk: Cryptocurrencies Are Not Perfect But Are Better Than Anything Else We Have Seen
Tesla’s CEO – Elon Musk – opined that digital assets could reduce the error in the money database. In his...
How to mine cryptos such as bitcoin, ether, and doge: Your complete guide to the tech setups, potential profits, and risks involved
The cryptocurrency boom of 2021 attracted interest from people looking for how to profit from the nascent asset class. Staking...
Mark Zuckerberg snapped up more land in Hawaii for $17 million, adding to his controversial 1,500-acre estate on Kauai
Mark Zuckerberg has added to his massive Hawaii compound once again. The tech billionaire and CEO of Facebook’s parent company,...