Business

Nippon Steel to start making low-carbon ingredients for green steel

Japan’s Nippon Steel Corp (5401.T) plans to start making low-carbon raw materials, such as “reduced iron” produced using…

Japan, Saudi Aramco extend Okinawa crude storage deal

Japan Organization for Metals and Energy Security (JOGMEC) has renewed a deal with Saudi Aramco for crude oil…

Sony considers $5.8 billion smartphone sensor factory in Japan

Sony group corp considering an investment of about 800 billion yen ($5.83 billion) to build a factory to…

Top 10 best-selling cars in 2022 – with the top car selling close to 30,000 units

Data from the National Association of Automobile Manufacturers of South Africa (Naamsa) shows that South Africa’s new-vehicle market…

Small Town Female Entrepreneur Goes National with Her Fermented Food Brands

A decade ago, Cori Deans was told by doctors that she’d likely have to be on meds for…

Tesla Stock Surges in Pre-Market After Musk Offers to Step Down as Twitter CEO

Tesla shares rose sharply in pre-market trading on Monday after a majority of Twitter users polled by Elon…

KCB finalises acquisition of DRC bank after regulatory approval

KCB Group will officially begin operations in the Democratic Republic of Congo (DRC) after its acquisition of a…

AngoCasa Launch Prestige Properties: Angola Property Report 2023

In 2021, Angola emerged from five years of recession. The business environment in Angola records significant improvements since…

 Coca-Cola Company announces new President for Africa Operating Unit

Coca-Cola Company has declared Luisa Ortega as the president of the company’s Africa operating unit. President Luisa Ortega…

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Russia’s Trust Bank sells property firm Inteko for $600 mln

Russia’s Trust Bank has sold Moscow-based luxury real estate developer Inteko to another property firm for 38 billion…

Kenya’s treasury seeks cheaper loans, rejects ‘expensive’ bids

Kenya’s National Treasury’s plan to secure cheaper loans from commercial banks and pension funds has started playing out…

IBASS Implementation: JAMB trains Varsity, Provost, Rectors, other administrative staff on full automation processes

 The Joint Admissions and Matriculation Board (JAMB) has commenced training for all administrative staff of tertiary institutions to…

New app promises to bridge online payment, trust gap

A newly unveiled app, PayConfidence (PayC), promises to address trust issues in the e-commerce space and raise the…

Don’t take loans from these 19 unlicensed firms – BoG warns

The Bank of Ghana (BoG) has warned the public to desist from receiving loans from unlicensed loan providers…

800,000 square metres of new shopping malls in South Africa – with more to come

South Africa added over 800,000 square metres of new regional shopping mall space in 2022, showing an incredibly…

Boosting private sector development in Uganda

Private sector players have asked government to walk the talk while promising to boost private sector activities that…

Nigeria set to stop importation of refined oil and refine its own oil by 2023

Nigeria is one of the world’s largest oil producers, yet, has failed to develop an oil refinery sector.…

Nigeria, others recorded $95.6b diaspora remittances in 2021, says AfDB

As Nigeria and other African countries continue to explore alternative sources of revenues to meet developmental challenges, President…