Nigeria’s Dangote plans more investment in Zambia

Africa’s richest person, Aliko Dangote, has expressed the desire to further consolidate his existing investments in Zambia and other African countries by exploring opportunities in the energy and agricultural sectors. Dangote was speaking when he paid a courtesy call on the Zambian President, Edgar Lungu, to express his gratitude for the enabling More...

by Punch | Published 9 months ago
By Earl Nurse and Katy Scott On Sunday, November 6th, 2016
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Ivory Coast: Powering Africa’s fastest growing economy

Following many years of political turmoil and civil conflict, business is back – and booming – in the Ivory Coast. This prosperous West African country is Africa’s fastest growing economy in More...

By VOA On Thursday, September 8th, 2016
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Nigeria’s Startups Get Boost from Buhari, Zuckerberg

Nigeria has a growing technology scene full of ambitious young entrepreneurs who are seeking out solutions to various social challenges. There is Angel Adelaja, the CEO of Fresh Direct Nigeria, which specializes More...

By VOA On Thursday, September 8th, 2016
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With Trains of Cattle, Nigeria Eyes Railroad Revival

Exactly 36 hours after it left a northern Nigerian town, a freight train brimming with cattle and sheep rumbled into the Oko-Oba slaughterhouse in Nigeria’s economic hub, Lagos. Nothing like it had been seen in More...

By VOA On Saturday, August 27th, 2016
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African-Japanese Trade Deals Expected From Summit

  African heads of state and VIPs from around the world have converged in this Kenyan capital for the sixth Tokyo International Conference on African Development, expected to foster a host of new trade and investment More...

By Sulaimon Salau On Monday, August 8th, 2016
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Increase in customs duty in Nigeria threatens three million jobs

Operators want N197 per dollar benchmark Loss of about three million jobs is real as government’s implementation of the 43 per cent increase in customs duty in the country takes its toll. Agents and freight forwarders More...

By Jacopo Prisco and Heather Long On Monday, August 8th, 2016
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Nigeria clamps down on money transfers to the country

The Central Bank of Nigeria has suddenly changed its policy toward money transfer operators, effectively blocking many services used by Nigerians to send money to and from the country. The decision to revoke the More...

By Phoebe Parke, On Thursday, July 7th, 2016
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How one 26-year-old African turned $500 into $2 million online

What started with a compliment turned one young woman’s idea into a million dollar business. When Kelechi Anyadiegwu started her online African clothing store Zuvaa with $500 two years ago, her idea was More...

By Trefis Team On Thursday, June 30th, 2016
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Here’s How eBay Can Benefit From Its African Expansion

eBay recently entered into a partnership with an African online shopping start-up MailforAfrica.com, which will allow American eBay sellers to sell their merchandise to African consumers. The new arrangement, which More...

By Tonye Bakare On Thursday, June 16th, 2016
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Nigerian Central Bank announces a new forex regime

The Central Bank of Nigeria (CBN) has announced a market-driven forex regime aimed at boosting the supply of foreign currency in the country. The announcement was made on Wednesday by the CBN governor, Godwin Emefiele. More...