BUSINESS

Marriott International announces massive expansion across Africa, acquires Protea and Starwood hotels

Marriott International on Monday announced that it had acquired Protea Hotels followed by the acquisition of Starwood Hotels and Resorts worldwide.The company also announced five new...

Merck Foundation launches “Men-too” campaign to break stigma around female infertility in Africa

Merck Foundation, the philanthropic arm of Merck KGaA Germany has launched “Life is Bigger” song to break the stigma around infertility in Africa and beyond. It is part...

Fitch Solutions foresees Angolan GDP to drop to 1.5%

The GDP growth in Angola has been reviewed downward by the consulting company Fitch Solutions.From the expected 2.8% growth, the country is now expected...

Africa’s health challenges and investment opportunities under spotlight at United Nations General Assembly

The United Nations Economic Commission for Africa (UNECA), in partnership with GBCHealth and the Aliko Dangote Foundation is bringing together African leaders and other high profile personalities to...

Breaking: African Development Bank debars Cameroon firm, GEO SCIENCES, for 4 years over massive fraud

The African Development Bank Group on Thursday announced the debarment of GEO SCIENCES INTERNATIONAL SARL, a consulting firm based in Yaoundé, Cameroon, for a minimum period of 48 months.

TE SubCom, MainOne sign major undersea communications deal to extend submarine cable system to francophone Africa

TE SubCom, a TE Connectivity Ltd company and an industry pioneer in undersea communications technology, on Thursday, announced it had secured a contract from leading connectivity and data center...

Africa’s rapidly expanding entertainment and media industry

By 2022, total E&M revenue in South Africa is expected to reach R177.2 billion, up from R129.2 billion in 2017PwC

Blockchain in Africa: The next frontier

An interview with John Kamara, Director for Global Gaming Africa, on how Africa has embraced Blockchain technology, by Katy Micallef

Landmark $1 billion impact securitization between African Development Bank, Mariner Investment Group and Africa50

The African Development Bank (AfDB), the European Commission, Mariner Investment Group, LLC (Mariner), Africa50, and Mizuho International on Tuesday announced the pricing of Room2Run, a $1 billion synthetic securitization corresponding to a...

Latest News

Sub-Saharan Africa faces difficult road to recovery amid COVID-19 economic fallout, IMF says in latest economic outlook

Sub-Saharan Africa is facing a difficult road to recovery amid COVID-19 economic fallout, the International Monetary...

Sub-Saharan Africa faces difficult road to recovery amid COVID-19 economic fallout, IMF says in latest economic outlook

Sub-Saharan Africa is facing a difficult road to recovery amid COVID-19 economic fallout, the International Monetary Fund (IMF) said in its...

IMF approves additional $156 million disbursement to Cameroon to respond to COVID-19 economic fallout

The International Monetary Fund (IMF) on Wednesday approved an additional $156 million disbursement to Cameroon to respond to COVID-19 economic fallout.

Half of women in the world are jobless, UN says in shocking new report

Less than 50% of working-age women are in the labour market, a figure that has barely changed over the last quarter...

South Africa launches $6 billion COVID-19 employment stimulus

South Africa has launched a $6 billion (R100 billion) COVID-19 employment stimulus to be implemented over the next three years.

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