Africa’s richest man, Aliko Dangote, adds $950 million to his personal worth as shares of Dangote Cement continues to rise
Aliko Dangote got off to a great start in 2022, adding about $950 million to his fortune since the year...
African airlines lost a collective $8.6 billion in 2021 due to travel restrictions caused by COVID-19
According to an updated report by the African Airlines Association (Afraa), the COVID-19 pandemic continued to hammer Africa’s aviation industry...
Oil price uncertainty, insecurity, threaten Nigeria’s economic outlook – International Monetary Fund (IMF)
Nigeria’s economic outlook faces significant risks from the covid-19 pandemic trajectory, oil price uncertainty, and security challenges, the International Monetary...
Remove fuel subsidy and official exchange rate, International Monetary Fund urges Nigeria Federal Government
Two weeks after the Federal Government suspended the removal of petrol subsidy, the International Monetary Fund has again urged the...
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...
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...