Africa is estimated to have a population of 1.4 billion people, making it the second-largest continent in the world. With the youngest population currently, the continent is projected to be the future of the global workforce in the next couple of decades. Unfortunately, Africa lacks a good healthcare system. While the region bears over 24% …
Admirals, a global fintech leader with 22 years of experience and expertise, is pleased to announce the establishment of its physical presence in Nigeria, aiming to further position itself as a major financial services provider in the African continent. With the latest launch, Admirals offers a wide range of financial products and services to Nigerian traders, including trading with Stocks, Forex and CFDs on indices, metals, energies, stocks, bonds and digital currencies, as well as boosting financial literacy in the region with …
Here are three major stories from Africa’s business landscape you should keep in mind this week: Billionaires battled for Transcorp Over the past few weeks, two of Nigeria’s wealthiest men battled for control of the Transnational Corporation of Nigeria (Transcorp) Plc, one of the country’s biggest conglomerates. It all started on April 12th when Femi …
A record-breaking number of applications is expected as 21,000 entries were received three weeks ahead of the deadline Africa’s Business Heroes (ABH) Prize Competition is calling for the participation of business professionals from across Africa as judges of its 2023 edition, as it is on course to be bigger and better this year. With less than three …
Today, there is a familiar narrative one encounters outside of Africa in which food issues on our continent tend to be framed mainly in terms of challenges. But the reality for many young Africans like ourselves is quite different. For us, food is the source of exciting business opportunities—especially for the growing number of small …
What if you could hold a piece of gold in your pocket without ever having to worry about its safety? Well, In Zimbabwe, that would soon be the norm. Zimbabwe’s Reserve Bank (RBZ) recently announced its plan to issue a gold-backed digital currency as a legal tender. It will enable people who have small amounts …
The entrepreneurial ecosystem in Africa is thriving, but it can be complex and challenging to navigate. Despite an abundance of brilliant business ideas, entrepreneurs often face obstacles such as infrastructure challenges, regulatory barriers, limited access to funding, and a lack of quality education and training, in addition to cultural factors. Innovative solutions and collaboration among …
In furtherance of Oando Clean Energy Limited’s (referred to as “Oando Clean Energy” or “OCEL”) commitment to the Lagos Metropolitan Area Transport Authority (referred to as “LAMATA”), as disclosed in Press Release 1 dated Monday, June 6, 2022, OCEL is pleased to announce that it has taken delivery of the electric mass transit buses that …
In any given society, once politicians and public servants start financially competing with the private business community, it compromises social-economic development and upward transformation of the society at large as they start using their positions to undermine all structures, systems and policies put in place to carry the nation forward. In March 2020, Ham Enterprises …
President Samia Suluhu Hassan is implementing strategic investment measures to revive Tanzania’s economy. As the first female President of Tanzania, she assumed office on March 19, 2021, following the passing of her controversial predecessor, President John Magufuli. Tanzania is a popular tourism destination in East Africa, with borders to eight other African countries and the …