CBZ HOLDINGS SECURES 36% STAKE IN FIRST MUTUAL, VOWS TO DOUBLE VALUE

Zimbabwe's largest bank, Commercial Bank Of Zimbabwe (CBZ) Holdings, has pledged to provide double benefits to its shareholders and customers after acquiring a 36%...

USAID FACILITATES INVESTMENT IN NIGERIAN FARMING INDUSTRY

In the last 5 years, about $250 million in debt and equity has been made possible by the United States Government, through the United...

PRIVATE SECTOR BUSINESSES IN KENYA IMPROVES FOLLOWING TRUCE BETWEEN RAILA AND RUTO

In August, Kenya's business activities improved compared to July. This positive change came after political tensions eased following earlier demonstrations. According to the latest Stanbic...

NIGERIA-JAPAN ANNUAL TRADE VALUE HITS $10BN

The trade value between Nigeria and Japan has risen to $10 billion annually. The Japanese Ambassador and permanent representative to the Economic Community of...

NETFLIX POISED TO SECURE 42% SHARE OF AFRICAN SVOD MARKET

Netflix is strategically positioning itself to dominate the African on-demand streaming video market, with projections indicating a substantial 41.9% share by 2029. A recent...

NIGERIA TO GET INVESTMENTS FROM CHINA, MEXICO, INDIA AND INDONESIA

Four countries have pledged continued investment in the Nigeria's economy through their embassies. These countries are China, India, Mexico, and Indonesia. This was revealed...

EU’S $324B FUND TARGETS CLEAN JET FUEL PROJECTS IN AFRICA

The European Union (EU) is actively exploring prospects in Africa to back clean jet fuel projects through its Global Gateway infrastructure fund. This initiative...

OIL AND GAS SECTOR CONTRIBUTES JUST 5.34% TO NIGERIA’S Q2/2023 GDP

In Q2 2023, Nigeria's oil and gas sector saw a decline in contribution to GDP, accounting for just 5.34%, down from the previous quarter's...

NIGERIA TAKES 7TH PLACE IN GLOBAL MOBILE PHONE USAGE, ACCORDING TO NCC

The Nigerian Communications Commission (NCC) revealed that Nigeria has taken the 7th place in global mobile phone usage, and the 11th in internet usage. The...

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