Mastercard partner with Boost to strengthen SMES in Africa

Posted by - February 5, 2024

Global payments technology company, Mastercard has announced a strategic partnership with Boost, to provide digital payment wallets and embedded supply chain finance to empower and expand small businesses in the Fast-Moving Consumer Goods (FMCG) sector in Africa. This collaboration aims to provide support to distributors, wholesalers, and retailers in the FMCG sector, all of whom

Jumia to distribute Elon Musk’s Starlink equipment in Africa

Posted by - October 3, 2023

Elon Musk’s satellite internet firm Starlink has appointed e-commerce platform Jumia Technologies as its first distributor of satellite terminals and connectivity kits in Africa. Jumia said the agreement will see it start selling the kits on its sites and through agents, using Nigeria and Kenya as a launch pad before rolling out the distributorship to

Perenco Chief Executive Officer (CEO) to Showcase Sustainable African Energy Investment at Invest in African Energy Forum Paris

Posted by - April 13, 2023

Benoît de la Fouchardière, CEO of independent Anglo-French oil and gas company Perenco will join African policymakers and energy companies at the Invest in African Energy Forum Paris, providing insight into the independent’s African exploration agenda and connecting with new opportunities emerging across the continent. Scheduled for June 1 at the Westin Paris Vendome, the

Africa to adopt smart investment policy in critical situations – Bawumia

Posted by - January 27, 2023

Vice president of the republic, Mahamudu Bawumia says there is a need for smart investment in Africa in critical situations. At the official opening of the Africa Prosperity Dialogues at the Safari Valley Resort at Adukrom, he said Africans need to produce and find their way out of poverty and underdevelopment investing in smart infrastructure

AngoCasa Launch Prestige Properties: Angola Property Report 2023

Posted by - December 15, 2022

In 2021, Angola emerged from five years of recession. The business environment in Angola records significant improvements since 2018, becoming a key factor to attract new investments and the return of big multinational companies. Furthermore, earlier this year Nigeria lost its crown as Africa’s largest crude producer as Angola surpassed the country for the first

The Egyptian Banking Institute (EBI) unveils first round executive programme for the African banking sector

Posted by - November 14, 2022

In an effort to develop human capital in the African banking sector, the training arm of the Central Bank of Egypt, the Egyptian Banking Institute (EBI) has successfully launched the first round of its EBI executive programme for the African banking sector. The programme aims at developing the executive leadership talents and competencies as well

Yabx announces entry into Nigeria, aims to double its growth in Africa

Posted by - November 9, 2022

Yabx, a fintech venture headquartered at Netherlands, has announced plans to commence business operations in Nigeria, with a mission to democratise credit across the country with its digital lending offerings. According to a World Bank Report, the private credit bureau coverage in Nigeria was 13.9% in 2019. The numbers must have improved post pandemic but

Top 5 Richest Men in Africa in October 2022, Dangote tops the chart

Posted by - October 26, 2022

Dangote tops the chart as Africa’s richest man in October,2022, and he is the only African on the list not below the 200th position. According to Bloomberg, Africa’s wealthiest men remain unchanged while there has been a change in their fortunes in October 2022. For context, the world’s richest man has been reported to have

Agric Insurance Market Value In Africa Hits $390m

Posted by - October 20, 2022

The total agriculture insurance market value in Africa in 2021 was $390 million even as the total agric insurance market value climbed to $45.5 billion, the Agric manager, Africa Reinsurance Corporation (Africa Re), Mr. Isaac Magina, said recently. This is even as the insurance companies underwriting risks in the agricultural sector of the nation’s economy