The Nigerian equities market dipped further on Thursday with the market capitalization losing N265 billion within seven hours of trading due to price loses by blue chips. Specifically, the market capitalization closed lower at N13.993…
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DAR ES SALAAM (Reuters) – Tanzanian authorities on Wednesday charged the managing director of Vodacom Tanzania and other telecom executives with economic crimes, court documents seen by Reuters showed. Egyptian Hisham Hendi and other telecom…
KIGALI (Reuters) – Rwandans enjoy eating beetroot but entrepreneur Uwamariya Assumpta has found a novel use for the vegetable – turning it into a red wine that has proven popular with customers in several African…
Jim Ovia, entrepreneur, philanthropist, and founder and chairman of Zenith Bank has announced the publication of his book titled Africa, Rise, and Shine. The book is published with ForbesBooks, the exclusive business book publishing imprint…
In Kenya, a new taxi-hailing app developed by local taxi drivers is in its fourth month of operation in Nairobi. Dubbed BebaBeba by the Drivers and Partners Association of Kenya (DPAK), it was created to…
DAKAR, Senegal — German Chancellor Angela Merkel arrived in Senegal late Wednesday on a three-nation West African visit focusing on economic development and migration. Merkel is meeting with the presidents of Senegal, Ghana and then…
The Industrial Policy and Competitiveness Advisory Council are taking steps to address issues affecting businesses in Nigeria. Minister of Industry, Trade and Investment, Okechukwu Enelamah, stated this on Friday while speaking with State House correspondents…
NEW YORK — A group of investors in U.S. conglomerate General Electric (GE) has publicly opposed its plans to buy a stake in a Kenyan coal-fired plant, claiming the project would damage the environment and…
Nigeria is set to hold the first edition of the 2018 social media summit in Abuja, Nigeria’s capital. Details of the summit, which is scheduled to hold from 12-14 August, were made known at a…
POLO, ILLINOIS — Since 1980 when he began farming in Illinois, Brent Scholl’s mornings have consisted of a similar routine … waking early to head out to one of several buildings to check in on…