STANDARD BANK DEFENDS AFRICAN INVESTMENTS IN FOSSIL FUELS

Standard Bank, Africa's largest lender of assets, while defending its investment in fossil-fuel projects, stated that the continent's energy demands must be balanced with...

VOLUME OF PRIVATE CAPITAL DEALS IN AFRICA INCREASES BY 46%

According to the African Private Capital Association (AVCA), the number of agreements in the African private capital market reached a new high in 2022...

DANGOTE CEMENT RECORDS FIRST TIME DECREASE IN PATRONAGE IN 5 YEARS 

Africa's top cement producer, Dangote Cement, has related its results for the first quarter of 2023, which reveals a decrease in volumes. According to Nairametrics,...

DANGOTE SEEKS ENHANCED FREE TRADE IN AFRICA

The president of the Dangote Group, Aliko Dangote, has urged African countries to get rid of any economic obstacles to free trade. According to a...

UK-BASED HP KAPITAL IN PARTNERSHIP WITH NIGERIAN COMPANY, CIIBEX GROUP, TO DRIVE ECONOMIC DEVELOPMENT IN SUB-SAHARAN AFRICA

The Nigerian company, CIIBEX Group, is in partnership with the UK-based company, HP Kapital, to explore investment potential in Nigeria and other sub-Saharan African...

FINANCIAL SOLUTIONS OFFERED TO AFRICAN IMPORTERS BY STANBIC IBTC

Stanbic IBTC  has offered an across-the-border system tagged "Africa China Agent Proposition (ACAP)" for offering standard financial solutions to importers from Africa who exchange...

TARIFF HIKE MAY REDUCE THE SUBSCRIBERS OF MULTICHOICE NIGERIA

Subscribers in Nigeria have protested and called for a boycott of the country's DStv and GOtv services in response to the parent company, MultiChoice,...

CHINA AND NIGERIA INTEND TO EXPAND THEIR $12 BILLION YEARLY COMMERCE

China has been Nigeria's primary import supplier in the last five years, bringing about 38% of total imports. During these years, Nigeria had a...

SENEGALESE LOGISTIC COMPANY, CHARGEL, SECURES $2.5M FUND TO EXPAND LOGISTICS IN FRANCOPHONE AFRICAN COUNTRIES

In a round led by Logos Ventures, the Senegalese logistics business, Chargel, has raised $2.5 million in seed funding. Participants of the round include...

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