Ivory Coast News

A boy rides his bike past a mural by Barbara Siebenlist decorating the side of a building on Brazil Lane in Jamestown. Credit: Andrew Esiebo/Panos Pictures/The Guardian

Ghana have a good time: Top tips for visiting the country

There’s a burgeoning arts scene in our capital, on the Atlantic coast in West Africa. Head to Jamestown, the oldest district, and walk through the old port and along the beaches scattered with graffiti, studios and boxing gyms.

How Africa's entrepreneurs can innovate and invest to put African cuisine on the world stage

How Africa's entrepreneurs can innovate and invest to put African cuisine on the world stage: Ndidi Okonkwo Nwuneli, Co-Founder, Sahel Consulting

Over the past six months, I have engaged in a simple experiment. In packed rooms in Europe and the United States, I have asked, “What is your favorite African dish?”

Lagos, Nigeria-based OneFi is a fully-online fintech firm via its Carbon Mobile app.

Digital banking is transforming African finance

Digital financial-service platforms are expanding in Africa. From branchless banking and digital wallets to transacting over mobile gadgets, banks are transforming how customers use their services, riding the continent’s rapidly growing youthful and tech-savvy population.

ECOWAS Countries

The Dollar, the Euro, the Yen — and Now the West African Eco: Infographic

Nigerian trade consultant Bamidele Ayemibo says it’s easier to sell his bean cake snacks to China than to neighboring Benin.

Why this Nigerian fintech startup is volunteering audited financials

Why this Nigerian fintech startup is volunteering audited financials

Nigerian fintech firm Carbon — an early-stage financial services startup based in Lagos — has posted on its website financials audited by KPMG.

The explosion of tech hubs across Africa is showing no signs of slowing down

Check out the 400+ tech hubs across Africa: Infographic

As startup and innovation culture deepens across the continent with success stories ranging from big-ticket funding rounds to a billion-dollar IPO, tech hubs are sprouting across the continent.

Mark Zuckerberg visits Co-Creation Hub in Lagos. Credit: Co-Creation Hub/Bloomberg

Africa's Technology Hub Rises in a Congested Lagos Neighborhood

The fading facades of century-old buildings in a neighborhood of the Nigerian megacity of Lagos house a vibrant technology cluster that’s caught the eye of Facebook Inc. and Alphabet Inc.’s Google.

West African countries choose new 'ECO' single trade currency

West African countries choose new 'ECO' single trade currency

As part of its plans to make Africa a more integrated continent, leaders of the Economic Community of West African States (ECOWAS) have adopted the name ‘ECO’ for a planned single currency to be used in the region.

MAX.ng raises $7M round backed by Yamaha

MAX.ng raises $7M round backed by Yamaha

Nigerian motorcycle transit startup MAX.ng has raised a $7 million funding round led by Novastar Ventures, with participation from Japanese manufacturer Yamaha.

DHL brings Africa eShop to 20 countries in a competitive nod to Jumia

DHL brings Africa eShop to 20 countries in a competitive nod to Jumia

DHL is expanding its DHL Africa eShop business to 9 additional markets, upping the presence of the global shipping company’s e-commerce platform to 20 African countries.

Chijioke Dozie, Co-Founder & CEO, OneFi

Nigerian fintech startup OneFi acquires payment company Amplify

Lagos based online lending startup OneFi is buying Nigerian payment solutions company Amplify for an undisclosed amount.

Mansa Musa - The richest man who ever lived

Mansa Musa: The richest man who ever lived

Amazon founder Jeff Bezos is the richest man in the world, according to the 2019 Forbes billionaires’ list released this week. With an estimated fortune of $131bn (£99bn) he is the wealthiest man in modern history. But he is by no means the richest man of all time.

Top 6 largest stock exchanges in Sub-Saharan Africa

Top 6 largest stock exchanges in Sub-Saharan Africa (Video)

Check out the top 6 largest stock exchanges by market capitalization in Sub-Saharan Africa.

U.S. president Barack Obama, Michelle Obama and their daughters Malia and Sasha stand at the “Door of No Return” during their visit to the Cape Coast Castle, Ghana, July 11, 2009

African Americans, Caribbean diaspora's return to Africa is Ghana

In a recently released music video, Fuse ODG and Damian Marley (Bob Marley’s youngest son) explore the themes of slavery, colonialism, black pride and modern day police brutality.

Fintech seen contributing $150 billion to Africa's GDP by 2022

Fintech seen contributing $150 billion to Africa's GDP by 2022

The contribution of the financial-technology industry to sub-Saharan Africa’s economic output will increase by at least $40 billion to $150 billion by 2022.

Nigerian logistics startup Kobo360 accepted into Y Combinator, raises $1.2 million

Nigerian logistics startup Kobo360 raises $6M, expands in Africa

Nigerian trucking logistics startup Kobo360 has raised $6 million to upgrade its platform and expand operations to Ghana, Togo and Cote D’Ivoire.

Charles Kie, Co-Founder, New African Capital Partners (NACP)

Two African banking heavyweights launch investment platform for the continent

Charles Kie, formerly of Ecobank, and co-founder Paulo Gomes, formerly of the World Bank, earlier this month announced their launch of pan-African investment platform NACP

FinTech to contribute $150 billion to Africa's GDP by 2022

FinTech to contribute $150 billion to Africa's GDP by 2022

The contribution of the financial-technology industry to sub-Saharan Africa’s economic output will increase by at least $40 billion to $150 billion by 2022.

Taxify now operates in more African cities than Uber

Taxify now operates in more African cities than Uber

Ride-hailing company Taxify is taking the fight for market share in Africa with Uber to places where Uber isn’t.

Funke Opeke, CEO, MainOne

MainOne Announces Expansion of West Africa’s Largest Tier III+ Data Centre Company (MDXi)

Leading connectivity and data centre solutions provider in West Africa, MainOne, constructed West Africa’s largest Tier III+ Data centre company (MDXi) in 2015.

Standard Chartered to launch its first ever digital-only bank in Côte d'Ivoire

Standard Chartered to launch its first ever digital-only bank in Ivory Coast

The success story of mobile money and payments in several African countries has been a boon for financial inclusion and a significant victory for telecoms companies like Safaricom and MTN.

Segmenting Africa into meaningful markets

Segmenting Africa into meaningful markets: RisCura

It is important to recognise that Africa is not a single investment destination with a single set of standardised risk factors and homogenous potential for reward.

Universal Music Africa artists: Top L-R Toofan, DJ Arafat, Tekno; Bottom: Vanessa Mdee

The world's biggest music company sets its sights on Africa

After nearly two decades of decline and existential threat, the global music business is growing.

Nigerian logistics startup Kobo360 accepted into Y Combinator, raises $1.2 million

Nigerian logistics startup Kobo360 accepted into Y Combinator, raises $1.2 million

Kobo360 was accepted into YC’s 2018 class and gained some working capital in the form of $1.2 million in pre-seed funding led by Western Technology Investment announced recently.

An Ethiopian Airlines Dreamliner jet

Ethiopian Air Seeks Africa Dominance With New Carriers, Jet Deal

Ethiopian Airlines Enterprise plans to establish half a dozen international offshoots before the end of the year as Africa’s biggest carrier steps up efforts to dominate markets across the continent.

The logo of the Nigerian Stock Exchange

Barclays Africa to join the Nigerian Stock Exchange as a broker

Barclays Africa plans to join the Nigerian Stock Exchange as a broker in July and is exploring opportunities in three other African countries, in a move to create access for foreign investors looking to tap into markets on the continent.

Mobile money in West Africa reaches 13x more people than do local banks

Mobile money in West Africa reaches 13x more people than do local banks

Rapid mobile adoption in West Africa since the turn of the decade has been a boon for the local mobile money industry.

Office buildings stand beyond the Addis Ababa light rail track in Addis Ababa, Ethiopia

IMF Sees Ethiopia Beating Ghana as Fastest-Growing Africa Economy

Ghana has lost its mantle as the African economy likely to grow the quickest this year to Ethiopia, which has held the position for most of the past decade, International Monetary Fund data showed.

Mobile financial services in Africa: Winning the battle for the customer - McKinsey & Company

Mobile financial services in Africa: Winning the battle for the customer - McKinsey & Company

Africa is the global leader in mobile money, which has become an important component of Africa’s financial services landscape.

Lagos, Nigeria

African retail banking's next growth frontier: McKinsey & Company (Infographic)

Globally, the banking industry is facing disappointing returns and sluggish growth. For seven consecutive years, its return on equity (ROE) has stayed in a narrowly defined range, between 8 and 10 percent—a level that most consider the industry’s cost of equity.

Olusegun Obasanjo, former President of Nigeria

We must not make democracy a liability, says Nigeria's former President Obasanjo

He is the walking contradiction to the aphorism that there are no second acts in politics. A spritely 80 years old, Nigeria’s former president Olusegun Obasanjo has had second, third, fourth and fifth acts.

Akinwumi Adesina, President of the African Development Bank

The state of African economies: According to AfDB's African Economic Outlook 2018

The more than 180 pages indepth report provides short-to-medium term forecasts on the evolution of key macroeconomic indicators for all its 54-member African countries.

Zola Off Grid Electric agent installs solar roof

Helios leads Off Grid Electric Series D funding to expand Africa footprint

Off Grid Electric – a leading rooftop solar provider in Africa, where it’s known by its consumer brand Zola – today announced major growth initiatives for the company.

George Weah sworn in as President of Liberia

George Weah sworn in as President of Liberia

Former international football star George Weah has been sworn in as president of Liberia.

A look back at the year that the Sub-Saharan African startup scene found its stride

A look back at the year that the Sub-Saharan African startup scene found its stride

African tech in 2017 was about the normalization of market events mostly absent even a decade ago.

Nigerian pop star Davido performing in Austin, Texas. Credit: FT/Getty

Davido, Mr Eazi and how Afrofusion went mainstream in the West

After success in Africa, the profiles of the Nigerian stars are soaring internationally.

Atiku Abubakar, former Vice President of Nigeria

Power Brokers Start to Gear Up for Nigeria's Elections in 2019

As Nigeria begins to gear up for general elections in February 2019, five senior politicians appear to be key players in Africa’s top oil producer.

Uzoma Dozie, MD & CEO, Diamond Bank

Diamond Bank to sell West Africa units to focus on Nigeria

Nigeria’s Diamond Bank is quitting other West African markets to focus efforts at home and deploy its resources on personal banking business in Africa’s biggest economy, it said on Friday.

Arif Naqvi, Founder & Group CEO, Abraaj Group

African private equity managers ride out the storm

When one of the biggest names in African private equity snaps up a fast-growing chain of coffee shops, it’s a clear sign that investors are focusing more on Africa’s growing middle class and consumers.

Ade Adeyemi, CEO, Ecobank Group

Ecobank's Ade Adeyemi: 'I believe a pan-African institution is good for the continent'

As CEO of the pan-African Ecobank, Ade Adeyemi is used to the logistical nightmare of criss-crossing the continent. It’s no simple matter getting from Lomé, Togo, where Ecobank is headquartered, to sit down with Euromoney Africa in Kigali, Rwanda.

Bob Diamond, Chairman, Atlas Mara

Bob Diamond is back on the offensive

It was classic Bob Diamond. Never one to pass up a deal, he emerged as a possible buyer of Barclays Africa when Barclays announced its exit from the continent last year.

Hyatt Regency Johannesburg

Hyatt to double its Africa presence and open six hotels by 2020

Hyatt Regency Johannesburg Hyatt Hotels & Resorts announced on Tuesday that Hyatt expects to double the number of Hyatt hotels in Africa,…