BUSINESS

Italian Finance Minister’s blunt message to Europe: Neglect Africa and perish

The Italian Minister of Finance, Giovanni Tria, on Friday, delivered a blunt message to Europe: neglect Africa and perish. “Africa is a continent of great change and opportunities....

OPEC cuts oil production by 1.2 million barrels a day

A deal has been reached after a stalemate. On Friday, OPEC and a coalition of oil producers led by Russia agreed to cut oil production by 1.2 million barrels a day...

Nigeria, Libya plead for special exemptions as OPEC agrees to cut oil production

Nigeria and Libya, two countries in West and North Africa, as well as Iran and Venezuela, are pleading with OPEC for special exceptions, as the world’s biggest oil suppliers attempt to reach a...

Marriott opens first hotel in Cape Town, South Africa, amidst massive data breach

Marriott has opened its first hotel in Cape Town, South Africa, amidst a massive data breach that may have compromised the personal information of many prominent Africans.  The...

Auditors deliver scathing verdict: EU’s €4.1 billion trust fund for Africa lacks focus, delivering little results

The verdict was clear: The European Union Emergency Trust Fund for Africa is a flexible tool for providing assistance in areas such as food, education, health, security and sustainable development, but...

Africa’s youngest trade minister is Bogolo Kenewendo from Botswana. She’s 30 and female

Botswana's political elite is dominated by men, most of them in their late 50s and 60s. Rarely do women rise to top positions in government.  But Bogolo Kenewendo...

These are Africa’s 7 top oil producers with their ranking

Several countries in Africa are described as oil producers and are members of OPEC, but how much oil do they really produce?  According to OPEC third quarter 2018...

World’s renowned economist: Africa’s “easy decade” of accelerated growth coming to an end

Professor Paul Collier, one of the world’s most influential development economists, warned on Monday that Africa’s “easy decade” of accelerated economic growth might be coming to an end, and the only...

South Africa’s Vantage Capital invests €19 million in Pétro Ivoire, leading distributor of oil & gas in Côte d’Ivoire

Vantage Capital, Africa’s largest mezzanine fund manager, has provided €19 million of mezzanine funding to Pétro Ivoire, a leading distributor of oil & gas products in Côte d’Ivoire.

Africa’s best innovators to compete at “TechCrunch Startup Battlefield 2018” sponsored by Facebook

Facebook is returning as the headline sponsor of TechCrunch Startup Battlefield Africa 2018. The event, taking place in Lagos, Nigeria — will search for Sub-Saharan Africa’s best innovators, makers and technical...
- Advertisement -

Latest News

SHOCKING: Uganda’s queen of Katwe star Nikita Pearl Waligwa dead at 15

Nikita Pearl Waligwa is dead. The teenage actress who starred in the popular chess prodigy movie...
- Advertisement -

BREAKING: Pompeo travels to Angola to deepen ties with oil rich African nation

U.S. Secretary of State Michael Pompeo will travel to Angola February 16-17 to meet with government officials, civil society representatives, and...

Full remarks as Pompeo and Senegalese Foreign Minister Amadou Ba discuss strengthened cooperation, including terrorism in Africa

The United States Secretary of State Michael Pompeo wrapped up his visit to Senegal on Sunday with a joint press briefing...

First case of coronavirus in Africa confirmed in Egypt

The first case of the deadly coronavirus in Africa described as a global threat by the World Health Organization was confirmed...

Nigeria National Assembly joins forces with President Buhari to crush Boko Haram

President of the Nigerian Senate, Ahmad Lawan, said on Sunday that the National Assembly will continue to work with President Muhammadu...
error: Support good journalism. Donate