BUSINESS

U.S.A. remains Africa’s biggest investor as FDI rises on the continent, latest data show

The United States remains the single biggest investor in Africa, while Western Europe is by far the biggest regional investor, the latest Africa Attractiveness report by EY shows.

New Protea Hotel by Marriott opens in Pretoria, South Africa

Pretoria, the administrative capital of South Africa in northern Gauteng province now has a new Protea Hotel. The new Protea Hotel by Marriott International is located in...

Influential Nigerian activist Femi Falana urges African NGOs to rise against China, corruption, western media, Transparency International

Influential Nigerian human rights lawyer and activist, Mr. Femi Falana, has called on African NGOs to reject Chinese loans, challenge Transparency International and western media propaganda in Africa...

Declining funding: 25 civil society organizations issue stern warning over spread of polio in Africa

At least 25 civil society organizations have issued a stern warning on the renewed spread of polio in developing countries at a time funding was declining.

Buhari boasts: Nigeria is too big to blindly sign Africa’s free trade agreement endorsed by world’s best economists

‘‘Nigeria is too big and too diverse to blindly sign agreements without understanding the consequences of such actions,’’ President Muhammadu Buhari said, Friday, in Abuja.   

Nigeria’s Buhari calls on U.S. and EU to save Lake Chad, as millions face starvation in West Africa

The Nigerian President on Friday called on the United States and Europe to save Lake Chad from extinction, saying that millions of people were at risk of starvation...

IFC signs deal with Moroccan bank to boost financial inclusion in Africa

The International Finance Corporation has signed an agreement with a bank in Morocco to boost financial inclusion in Africa with emphasis on microfinance programs.  A...

First in East Africa: Latest technology on early cancer detection now in Kenya, thanks to GE Healthcare

The latest technology on early cancer diagnosis and detection is now in the East African country of Kenya. The PET CT machine, a molecular imaging...

Why corporate content should be part of your DNA in business

Business decisions are often made on the basis of brand image or brand story. In the B2B space, corporate content is a means of reinforcing company culture, ensuring...

Africa should clean up corruption to attract American investors, says Tibor Nagy, U.S. Assistant Secretary of State for Africa

African countries need to put in place "the correct environment" to attract American investors and other honest business leaders around the world, U.S. Assistant Secretary of State for...

Latest News

African Development Bank approves new five-year strategy for Nigeria amidst COVID-19 concerns

The Board of Directors of the African Development Bank has approved Nigeria’s Country Strategy Paper (CSP) 2020-2024, which builds on the...

African Development Bank authorizes an independent review of the investigation clearing Akinwumi Adesina of allegations of corruption

The Bureau of the Boards of Governors of the African Development Bank has authorized an independent review of the investigation that...

UNPRECEDENTED: IMF disburses $10 billion to 27 countries in Sub-Saharan Africa to respond to COVID-19

The International Monetary Fund (IMF) has disbursed US$10 billion to 27 countries in Sub-Saharan Africa to respond to the COVID-19 pandemic,...

IMF approves disbursement of $143 million to Sierra Leone to respond to COVID‑19

· The COVID‑19 pandemic is taking a heavy toll on Sierra Leone’s economy, jeopardizing hard-won gains since the Ebola health crisis.
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