Tida Jallow: Giving Gambians a Reason to Stay Home
With many young Gambian’s leaving home for a better life in Europe, it is up to local people, like Tida Jallow, to create jobs and training programs to entice their people to stay.
Military Base Expansion: an End to Japan Peace State
A Japanese military base in Djibouti, on the East African coast, is being expanded as part of a new militarized movement happening in Japan and as three Japanese government sources have revealed, to counter Chinese influence on the continent.
South Africa Leading the way in Renewable Energy
South Africa is currently planning to export its independent renewable energy program to an additional 11 countries on the African continent. The program, which has been heralded as a renewable energy success story, has seen South Africa procure over 6,000 MW of capacity over five years.
Alabbar’s plan to conquer e-commerce
A new online shopping platform, led by Dubai billionaire businessman Mohamed Alabbar, is set to dominate an industry worth $70 billion by the next decade with the launch of Noon.com.
The collapse of oil prices is forcing the UAE to reconsider a long-standing taboo on taxation
The collapse of oil prices is forcing the UAE to reconsider a long-standing taboo on taxation. The Gulf nation will impose levies as it seeks to broaden its revenue base.
LAGOS (Reuters) – Nigeria’s overnight lending rate rose as high as 100 percent this week after the central bank withdrew naira liquidity to offset dollar purchases, but it fell sharply on Friday as the government disbursed budget funds through the banking system. Overnight rates fell to 10 percent on Friday after the government passed 285...
BAMAKO (Reuters) – Mali forecasts cotton production for the upcoming 2017/18 season at 725,000 tonnes, up about 12 percent from the current season’s record yield of at least 645,000 tonnes, the agriculture minister said on Friday. The 2016/17 season ending in March will see the highest yield in more than a decade for the West...
CAIRO (Reuters) – Egypt doubled the price of tickets for millions of commuters on Cairo’s loss-making metro on Thursday, angering residents already hit by a sharp rise in living costs. Transport Minister Hisham Arafat said the increase to 2 Egyptian pounds (11 U.S. cents), effective from Friday, followed losses of 500 million pounds which put...
LAGOS (Reuters) – Nigeria’s debt office said on Thursday it raised 2.07 billion naira ($6.6 million) from a new two-year savings bond intended for retail investors. Nigeria forecasts a budget deficit of 2.36 trillion naira in 2017, half of which it aims to fund through domestic borrowing. The Debt Management Office (DMO) has said it...
Mark Shuttleworth is Africa’s first dot com millionaire, the first African in space, and arguably one of South Africa’s greatest entrepreneurs.
Andrew Mupuya is the 24 year old, award-winning businessman who began his company with only $14
Isaac Oboth was orphaned and impoverished, yet today he runs one of Africa’s most dynamic young companies.
South African pharmaceuticals billionaire, Stephen Saad, wins AABLA’s prestigious Entrepreneur of the Year Award.
Mohammed Al-Jadaan has replaced Ibrahim Al-Assaf as Minister of Finance for Saudi Arabia.
Claver Gatete has been recognized for his expert handling of Rwanda’s economy despite strong global headwinds.
The news of Britain’s decision to leave the European Union in June shocked the world, causing currency crises in a number of African countries. The UK’s departure from the EU will have serious consequences for Africa: the UK has been Africa’s biggest ally in the EU, and without their reputation the future of the continent is uncertain.
Nigerian government raid exposes corrupt Supreme Court judges and implicates senior officials.
When global brand Uber entered Africa, the local markets put their own take on the technology, with Kenya leading the way.
After only 7 years in business, Ibrahim Hissein Bourma is one of Chad’s most successful entrepreneurs, but he is hungry for more.
Vangsy Goma is only 31 years old, but his rapidly growing Africab service marks him out for big things.
Peter Njonjo is a Kenyan entrepreneur aiming to bring his homemade barbecue products to every household in Kenya.