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The Wedding Party: Nollywood’s highest-grossing movie to date

From Hollywood To Nollywood: Nigeria's Walk Of Fame

Africa’s largest economy, Nigeria, has embraced the challenges of creating a film industry – Nollywood – that is markedly authentic, undeniably bold, and unapologetically true to its roots.

Lagos, Nigeria

Fifty years of Lagos. But what about the next 50?

The Nigerian megacity of Lagos, with its 20 million inhabitants, is the biggest in sub-Saharan Africa and is celebrating its 50th anniversary.

Igho Sanomi, Founder & Chairman, Taleveras Group

How 42-year old Nigerian oilman Igho Sanomi built a commodities trading giant

Igho Sanomi, 41, is the founder of Taleveras, a $2 billion (revenues) international commodities trading company active over a wide spectrum of global energy markets including crude oil and refined petroleum products, natural gas and power.

Lamin Manjang, Chairman of the Kenya Bankers Association (KBA)

Kenya sets sights on green bonds after mobile phone issue

Kenya aims to issue its first ‘green’ bond this year, the initiative’s backers said on Friday, bolstering the nation’s reputation for financial innovation after the government launched the world’s first mobile phone bond earlier this month.

Orange Seeks Africa Deals as Wireless Carrier Eyes Expansion

Orange Seeks Africa Deals as Wireless Carrier Eyes Expansion

Orange SA is seeking deals in Africa as France’s biggest wireless carrier targets the continent as a source of additional revenue growth, according to a company official.

2017 Peugeot 3008

Peugeot to assemble vehicles in Kenya

France’s PSA Group, the maker of Peugeot and Citroen cars, said on Saturday it had signed a contract to assemble Peugeot brand vehicles in Kenya.

In front: South Africa's President Jacob Zuma (L) and AU Chair Nkosazana Dlamini-Zuma (R)

It's time South Africa tuned into Africa's views about its role on the continent

South Africa has variously styled itself as a “bridge” between the North, the global South and Africa as well as a “gateway” into the continent.

Africa's banker of tomorrow

Armed with fintech and fueled by data: Africa's banker of tomorrow

Markets in Shanghai closed up today on news that the Chinese bullet train manufacturer Fujian Corp won the contract to connect Casablanca to Abidjan.

Live music in Accra, Ghana

Why is Ghana 25 times more successful than Nigeria at attracting tourism revenues?

Tourism should be an easy win for emerging market (EM) and frontier market (FM) economies with weakened currencies, and cheap jet fuel; an opportunity that we think is being missed.

Tamassa Resort in Mauritius

Property fund Mara Delta agrees to buy Tamassa Resort in Mauritius

LUX* Resorts and Hotels sells Tamassa Resort for US$40 million in sale-and-leaseback deal.

Green White Green (Movie)

Nollywood: Nigeria stands out at the Toronto International Film Festival

Nigerian filmmakers, producers and actors are hoping a spotlight on Lagos at this year’s Toronto International Film Festival (TIFF) will open Nollywood up to the world.

Jason Njoku, Founder & CEO, iROKOtv

iROKOtv: From 'Netflix of Nigeria' to 'Nollywood' producer

When 36-year-old Nigerian entrepreneur Jason Njoku talks about em­bracing failure, he is speaking from experience.

Taste Holdings - Leading Starbucks' African Charge

Taste Holdings: Leading Starbucks' African Charge

Lattes were selling like hotcakes at the Starbucks in the Johannesburg suburb of Rosebank during the grand opening on April 21st.

Nollywood money is big money (Reuters/Akintunde Akinleye)

Nigeria's 'Netflix of Africa' iROKOtv made a 3,000% return for investors

As Nigeria’s tech space has matured over the last few years, it has drawn the attention—and money—of curious investors.

Stephane Richard, Chairman and CEO of Orange

French telco giant Orange to invest $85 million in Nigerian e-commerce group Africa Internet Group

French telecommunications company Orange is to invest 75 million euro ($85 million) in Nigerian e-commerce group Africa Internet Group (AIG) and become a shareholder, the two companies said on Tuesday.

Bharti Airtel to sell 1,350 towers in Tanzania to American Tower Corp

Bharti Airtel to sell 1,350 towers in Tanzania to American Tower Corp

Bharti Airtel Ltd, the world’s third largest communications services provider, has signed an agreement with American Tower Corp., to sell approximately 1,350 towers in Tanzania.

Aliko Dangote, President and Chief Executive Officer of Dangote Group and Co-Chair of the World Economic Forum (WEF) Annual Meeting 2014, speaks during a session at the WEF in Davos January 22, 2014.

Africa's richest man Dangote makes bid to acquire controlling stake of Peugeot Nigeria

Aliko Dangote, Africa’s richest man, has teamed up with two Nigerian states to bid for a majority stake in Peugeot Automobile Nigeria (PAN) Limited, a local joint venture with the French automaker, the governor of Kaduna State said on Thursday.

iROKOtv is the world's largest online distributor of African content and Africa's largest internet TV operator.

Nollywood's French kiss

Romance has blossomed between Nigeria’s iROKO and France’s Canal+, who have signed a multi-million-euro deal to distribute Nollywood hits in French via an app.

Bob Diamond, CEO of Atlas Mara and former CEO of Barclays. Credit: altassets.net

Barclays' former CEO Bob Diamond reportedly wants to buy the bank's African assets

Bob Diamond, the American executive who was forced out as Barclays’ CEO in 2012, is reportedly interested in buying the British bank’s African operations.

AIG is the company behind Africa's largest e-commerce company Jumia

Goldman Sachs & MTN to invest $245M in Nigerian e-commerce firm Africa Internet Group (AIG)

Africa Internet Group (AIG) has secured €225 million ($245 million) in funding from investors including US bank Goldman Sachs, South African telecoms giant MTN and German startup incubator Rocket Internet.

iROKOtv hopes to chill Netflix Africa plans (Infographic)

When Netflix announced its launch in Africa earlier this year, many assumed the $30 billion streaming juggernaut would steamroller local competitors on its path to global domination.

Orange Strikes $160M Deal for Tigo DRC

Orange Strikes $160M Deal for Tigo DRC

Orange is set to continue its acquisition spree in Africa with a $160 million takeover of Millicom’s Tigo-branded mobile phone business in the Democratic Republic of Congo.

Nairobi is the most attractive city in Africa for foreign investment, says PwC.

Africa's big cities are investment bright spots, says private equity firms Abraaj and Actis

Like most emerging and frontier markets around the world, Africa’s largest economies have been affected by the drop in commodity prices over the past 18 months.

Mitchell Elegbe, Founder & CEO, Interswitch

Helios said to be working with Citigroup to sell Nigeria's Interswitch

Helios Investment Partners, an Africa-focused private equity firm, is preparing to sell Nigerian payments-processing group Interswitch Ltd. in a deal that could value the company at more than $1 billion, people with knowledge of the matter said.

Jason Njoku, Founder & CEO, iROKOtv

Making money in Nollywood: Jason Njoku, Founder & CEO, iROKOtv (Audio)

Nigeria‘s film and television industry, affectionately known as “Nollywood“, is booming. Now foreign investors are getting interested in funding locally-made content.

Newly-elected AU chairman, Chadian President Idriss Déby. Photograph: Xinhua/Barcroft Media

African Union members back Kenyan plan to leave International Criminal Court

Leaders at Addis Ababa summit support pullout of international criminal court in protest at perceived unfair targeting.

Video editors work at the headquarters of iROKOtv in Lagos on March 27, 2014. iROKOtv announced $19 million worth of deals on Monday to triple its content production, which focuses on Nollywood films and TV series. Pius Utomi Ekpei/AFP/Getty Images

Nollywood's biggest streaming service isn't afraid of Netflix

Following its expansion into 130 new countries earlier in January, content-streaming service Netflix is now available in all 54 African nations.

Nigerian businesses target 100% mobile-first market

Nigerian businesses target '100% mobile-first market' (Infographics)

In Nigeria, success for both tech start-ups and more conventional businesses such as banks and fast food restaurants means adapting to the age of what entrepreneurs have dubbed the “100 per cent mobile-first market”.

Jason Njoku, Founder & CEO, iROKOtv

Jason Njoku's iROKOtv raises $19M in series D financing

iROKOtv, an online entertainment platform that targets audiences in Sub-Saharan African countries, plans to strike more deals in Nigeria’s booming movie industry after securing $19 million in funding from French premium cable company Canal+ and Kinnevik, a returning investor.

Orange buys Bharti Airtel operations in Burkina Faso and Sierra Leone

Orange buys Bharti Airtel operations in Burkina Faso and Sierra Leone

French telecom incumbent Orange has agreed to acquire Bharti Airtel’s businesses in Burkina Faso and Sierra Leone in a continuation of its expansion strategy in West Africa.

France's Orange acquires Liberia's largest cell phone company Cellcom in Africa expansion move

France's Orange acquires Liberia's largest cell phone company Cellcom in Africa expansion move

France’s Orange has agreed to buy Cellcom Liberia from privately held Cellcom Telecommunications Ltd. for an undisclosed sum as part of its expansion strategy in West Africa.

Grand Ethiopian Renaissance Dam (GERD)

Egypt, Ethiopia and Sudan sign new Grand Renaissance Dam agreement

Egypt, Ethiopia, and Sudan signed an agreement on Tuesday finalizing the two firms tasked with carrying out studies on the potential impact of Ethiopia’s Grand Renaissance Dam on the flow of the Nile.

Media companies finally understand: The future of African TV is mobile. Credit: qz.com

Media companies finally understand: The future of African TV is mobile

For a while now, media companies in Africa have been betting that the continent’s growing consumer class will pay for their premium pay-TV services.

A makeup booth at Carrefour in Abidjan

CFAO plans 80 malls across Africa, opens $66M mall in Abidjan

French distribution group CFAO opened its first shopping mall in Africa on Friday, a $66 million centre in Ivory Coast’s commercial capital Abidjan, as part of a major drive to tap into the growth of Africa’s middle classes.

Aita Ighodaro, Director, Idaro

Dynamic Nigerian diaspora chases glittering ambitions

In her debut novel Sin Tropez, Aita Ighodaro drew on her experience as a fashion model to explore the complex consequences that await three young women lured aboard a playboy’s super yacht by the intoxicating promise of easy money and wild excess.

Koeberg Nuclear Power Station in South Africa is the only nuclear power plant on the African continent.

Nuclear and renewables: South Africa's ambitious new energy mix (Video)

Heavily reliant on coal-fired electricity, South Africa is launching ambitious new projects aimed at diversifying its energy sources and avoiding power cuts.

Afrobeat king Tony Allen. Credit: cnn.com

"I still want to play something impossible": Afrobeat king Tony Allen (Photos)

“The first thing he asked was ‘Are you the one who said that you are the best drummer in this country?’ I laughed and told him, ‘I never said so.’ He asked me if I could play jazz and I said yes. He asked me if I could take solos and I said yes again.”

Orange to sell 70% stake in Telkom Kenya to Helios

Orange to sell 70% stake in Telkom Kenya to Helios

Orange confirmed an agreement to sell its 70 per cent stake in Telkom Kenya to Helios Investment Partners for an undisclosed sum.

Wellington Jighere beat 129 competitors to become first Nigerian to win World Scrabble Championship.

Wellington Jighere beats 129 competitors to become first Nigerian to win World Scrabble Championship

Nigerians have been congratulating countryman Wellington Jighere, who has become the first African to win the English-language World Scrabble Championship.

South Africa's MTN is the most admired brand in Africa

MTN, Samsung and Coca-Cola top list of most admired brands in Africa

Brand Africa has announced that MTN is the overall best brand in Africa and reclaimed the #1 spot as the Most Admired Brand in Africa at a gala launch of the 4th Annual Brand Africa 100: Africa’s Best Brands at Sandton Convention Center.

Africa expansion drives SABMiller, AB InBev mega-merger

Africa expansion drives SABMiller, AB InBev mega-merger

Access to African markets is a key driver in the planned mega-merger of brewing giants SAB Miller and AB InBev, according to industry insiders.

Kenya's Lake Turkana Wind Power Project

Google to Buy Into Africa's Largest Wind Farm in Northern Kenya

Google Inc. will acquire a stake in Africa’s largest wind farm once the facility is completed in Kenya in 2017.