January 28, 2020
By Staff Writer 3
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.
December 26, 2019
By Staff Writer 3
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?”
October 16, 2019
By Staff Writer 3
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.
August 10, 2019
By Staff Writer 3
Nigerian trade consultant Bamidele Ayemibo says it’s easier to sell his bean cake snacks to China than to neighboring Benin.
August 5, 2019
By Staff Writer 3
Nigerian fintech firm Carbon — an early-stage financial services startup based in Lagos — has posted on its website financials audited by KPMG.
July 31, 2019
By Staff Writer 3
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.
July 10, 2019
By Staff Writer 3
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.
July 5, 2019
By Staff Writer 3
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.
June 28, 2019
By Staff Writer 3
Nigerian motorcycle transit startup MAX.ng has raised a $7 million funding round led by Novastar Ventures, with participation from Japanese manufacturer Yamaha.
June 10, 2019
By Staff Writer 3
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.
March 26, 2019
By Staff Writer 3
Lagos based online lending startup OneFi is buying Nigerian payment solutions company Amplify for an undisclosed amount.
March 16, 2019
By Staff Writer 3
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.
February 17, 2019
By Staff Writer
Check out the top 6 largest stock exchanges by market capitalization in Sub-Saharan Africa.
January 7, 2019
By Staff Writer 3
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.
December 31, 2018
By Staff Writer 3
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.
December 12, 2018
By Staff Writer 3
Nigerian trucking logistics startup Kobo360 has raised $6 million to upgrade its platform and expand operations to Ghana, Togo and Cote D’Ivoire.
November 23, 2018
By Staff Writer 3
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
October 26, 2018
By Staff Writer 3
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.
October 22, 2018
By Staff Writer 3
Ride-hailing company Taxify is taking the fight for market share in Africa with Uber to places where Uber isn’t.
September 11, 2018
By Staff Writer 3
Leading connectivity and data centre solutions provider in West Africa, MainOne, constructed West Africa’s largest Tier III+ Data centre company (MDXi) in 2015.
August 24, 2018
By Staff Writer 3
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.
July 31, 2018
By Staff Writer 3
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.
July 23, 2018
By Staff Writer 3
After nearly two decades of decline and existential threat, the global music business is growing.
July 9, 2018
By Staff Writer 3
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.
June 13, 2018
By Staff Writer 3
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.
June 4, 2018
By Staff Writer 3
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.
May 5, 2018
By Staff Writer 3
Rapid mobile adoption in West Africa since the turn of the decade has been a boon for the local mobile money industry.
April 21, 2018
By Staff Writer 3
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.
March 21, 2018
By Staff Writer 3
Africa is the global leader in mobile money, which has become an important component of Africa’s financial services landscape.
March 5, 2018
By Staff Writer 3
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.
February 14, 2018
By Staff Writer 3
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.
February 9, 2018
By Staff Writer 3
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.
February 6, 2018
By Staff Writer 3
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.
January 27, 2018
By Staff Writer 3
Former international football star George Weah has been sworn in as president of Liberia.
January 10, 2018
By Staff Writer 3
African tech in 2017 was about the normalization of market events mostly absent even a decade ago.
January 4, 2018
By Staff Writer 3
After success in Africa, the profiles of the Nigerian stars are soaring internationally.
December 8, 2017
By Staff Writer 3
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.
November 7, 2017
By Staff Writer 3
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.
November 7, 2017
By Staff Writer 3
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.
October 19, 2017
By Staff Writer 3
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.
October 19, 2017
By Staff Writer 3
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.
October 4, 2017
By Staff Writer 3
Hyatt Regency Johannesburg Hyatt Hotels & Resorts announced on Tuesday that Hyatt expects to double the number of Hyatt hotels in Africa,…