As growth in China slows after two decades of breakneck economic development, Western companies are increasingly turning towards India and Africa as the next great untapped opportunities.
Over the past two decades, Sub-Saharan Africa has caught the attention of an increasing number of investors who are looking for new and promising opportunities.
Nigeria’s stock market is becoming the most interesting one on the African continent to foreign investors after the country devalued its currency, emerging market veteran investor Mark Mobius said on Wednesday.
American eBay sellers will soon gain access to Africa’s biggest consumer markets.
In March 2015, Anambra was ranked the most transparent and accountable state in Nigeria, complying with all the set standards in public sector accounting, according to the International Public Sector Accounting Standards (IPSAS).
In 2010 the McKinsey Global Institute (MGI) described the potential and progress of African economies as “lions on the move”.
MTN’s new chief executive Rob Shuter has been brought in to boost profits at Africa’s biggest mobile phone group after a $1.7 billion fine in Nigeria, by persuading its 200 million clients to use their handsets to store money and pay bills.
When most people think of Nigeria having an ecosystem of innovation and technology they instinctively think of Lagos, and understandably so.
Harith General Partners (Harith) and Africa Finance Corporation (AFC), two preeminent institutional investors based in Africa, have merged their assets, expertise and experience to create a new energy entity combining both renewable and non-renewable power generating assets in Africa.
One of the big stories in Africa’s startup ecosystem this month was the announcement of Chan Zuckerberg Initiative’s $24 million investment in Nigeria-linked startup Andela. We saw it as a great moment for the African tech space.
Africa’s largest telecom is appointing a new CEO, and shaking up its board and top executives.
South African mobile phone operator MTN Group named the head of Vodafone Europe as its new CEO on Monday, bringing in an outsider with a risk-management background 10 days after it agreed to pay a $1.7 billion fine in Nigeria.
After the first day of trading following a currency float, the value of Nigeria’s naira dipped by 31%, selling at 288.85 naira as markets closed on Monday (June 20).
Another novel by acclaimed Nigerian author Chimamanda Ngozi Adichie is getting the film treatment.
Having nearly perfected the business of moving people around on the continent, Uber is set to diversify the core of its business in sub Saharan Africa with the introduction of UberEverything.
IHS Holding Limited (IHS), the largest mobile telecommunications infrastructure provider in Africa, Europe and the Middle East, has completed the acquisition of Helios Towers Nigeria Limited’s (HTN) 1,211 diversified tower sites throughout Nigeria.
CNN says Uber could be bigger in Lagos than it is in London. In its first 16 months, Uber provided 30% more rides in Lagos than it did during its first 16 months in London.
As a teenager growing up in Lomé, the capital of Togo, Faiçal Tchirou taught himself to code at a cybercafé. He wanted to help his mother manage the small pharmacy she owned.
In Africa, local taxi companies and startups have been working hard to compete with Uber but the ride hailing company has managed to outmaneuver most of them.
MTN Group has agreed to pay a reduced fine of 330 billion naira ($1.7 billion) in a settlement with the Nigerian government of a long-running dispute over unregistered SIM cards, sending shares in the South African telecoms group soaring.
At the start of the last century, just one in seven people worldwide lived in cities. Today, it’s half and the UN predicts that by 2050, another 2.5 billion people will be living in urban areas.
The former Nigeria and Togo manager, who died on Tuesday evening aged just 54, was, at the international level, the finest African coach of his generation.
While Uber continues its push into Africa the company is making allowances to local markets and testing unique service models users wouldn’t see in other parts of the globe.
Travelstart has just announced the hiring of Philip Akesson as Nigeria Country Manager, effective June 1st, 2016. Akesson will be based in Travelstart Nigeria’s office in Ikeja, Lagos.
Wherever there is a car, a decent road and a reliable GPS connection, there is Uber.
After three and a half decades in operation, the Dangote Group has grown from a small trading business in Nigeria to become sub-Saharan Africa’s largest manufacturing conglomerate, emerging as a net economic contributor to all the countries in which it operates.
At the centre of Elnathan John’s insightful debut novel about religious extremism in Nigeria is its eponymous protagonist, Dantala, whose name translates as Born on a Tuesday.
Chanzo Capital is an early stage micro-VC firm that provides capital and mentorship to high-tech startups in Kenya, the Ivory Coast, Nigeria, Ghana and South Africa (the so-called KINGS of Africa’s digital economy).
Alon Lits, General Manager, Sub-Saharan Africa, Uber Ride-hailing company Uber said Thursday that it plans to start operating in the capitals of…
The future looks bright for air travel across Africa. It’s predicted that by 2034, 190 million more flights segments will be flown across the continent.
For our family, it’s the homecoming routine. I pull up to the house and my son flies out of the car to inspect the box or two on our front stairs. Santa only delivers once a year, but Amazon leaves something on our door about every other day.
While Africa’s 2015 GDP is down 1.2% from 4.6% in 2014, it is still among the fastest growing regions in world.
RenCap’s Global Economist Charles Robertson discusses frontier markets and the economic outlook for various nations in Africa.
From Nigerian fintech to East African fiber, several exciting and diverse companies are emerging as IPO contenders in Africa’s rapidly growing Technology, Media & Telecommunications (TMT) sector, according to specialist news provider TMT Finance.