MOROCCO is an emerging automotive manufacturing hub, while South Africa has a history of carmaking. But multinational vehicle manufacturers are also setting up production plants in Angola, Ethiopia, Ghana, Kenya, Namibia, Nigeria and Rwanda, and locally owned African producers are starting…
CHINESE companies like Huawei and the Transsion group are responsible for much of the digital infrastructure and smartphones used in Africa. Chinese phones built in Africa come with already installed apps for mobile money transfer services that increase the reach…
HUNDREDS of workers from Democratic Republic of Congo’s (DRC’s) state-owned ports company stormed its headquarters on Friday, breaking windows, burning furniture and clashing with police over what they say are more than three years of unpaid wages. The police fired…
THE Edo State High Court sitting in Benin City has restrained Amagba village from meddling with Pastor Osagie Ize-Iyamu’s farmland in the community. Justice P.A. Akhihiero gave the interim injunction on 21-10-21, in a motion ex-parte filed by Pastor Ize-Iyamu…
THE Economic and Financial Crimes Commission EFCC today, Thursday, October 21, 2021 arraigned a former Board Chairman of Nigeria Social Insurance Trust Fund (NSITF) Dr. Ngozi Olejeme before Justice Maryam Hassan Aliyu of the Federal Capital Territory High Court, Jabi…
Business magnate and investor, Mr. Femi Otedola, has acquired a material shareholding in Nigeria’s oldest banking group, FBN Holdings (FBNH) Plc. Otedola in a series of secondary market transactions and negotiated deals was confirmed to have acquired more than five…
Sub-Saharan Africa is projected to grow by 3.7 percent in 2021 and 3.8 percent in 2022 – a welcome but relatively modest recovery, suggesting that divergence with the rest of the world will persist over the medium term · As…
USAID Administrator Samantha Power has launched the agency’s new Africa Trade and Investment programme at the African Growth and Opportunity Act (AGOA) Ministerial. The continent-wide programme is USAID’s flagship effort under the Prosper Africa initiative and will expand and accelerate…
Chinese President Xi Jinping has said his country will use the occasion of the 50th anniversary of the establishment of diplomatic relations with Nigeria to promote strategic partnership to new heights. According to Special Adviser to the President Buhari on…
By ABDULLAHI RABIU, Kano The Independent Petroleum Marketers Association of Nigeria (IPMAN), Kano branch has alerted the Federal Government over the decision by some unpatriotic Private Depot Owners to raise Prices of the product in order to cause fuel crisis…
