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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.

Examining the State of Hotel Development in Africa

Examining the State of Hotel Development in Africa

A total of 365 hotel chain development pipelines were reported in Africa in 2016, with 64,231 rooms.

M-Pesa

M-Pesa, Safaricom, Kenya regulators and Vodacom could be about to open up mobile money in Africa

M-Pesa, the mobile money system that is the pride and anchor of Kenya’s homegrown technology community, has had plenty of hype and excitement since its 2007 launch.

Jacob Zuma, President of South Africa

South Africa falls into second recession in a decade

South Africa has fallen into recession for the first time in eight years after economic growth shrank by 0.7% between January and March.

Addis Ababa, Ethiopia

Africa's economic growth in 2016 was driven by East Africa

While the continent’s major economies were hit by the fall in commodity prices in 2016, Africa retained its position as the second-fastest growing continent globally recording an average of 2.2% GDP growth.

Jes Staley, CEO, Barclays

Barclays to surrender control of Africa unit with £1.6bn sale

Barclays has been given regulatory approval for the sale of its remaining stake in its Barclays Africa Group, according to a unit of the business.

Ikoyi London

London's first high-end Nigerian restaurant, Ikoyi, is to debut at the St James's Market in the West End this summer

Ikoyi is to launch its first restaurant at The Crown Estate and Oxford Properties’ new £400m landmark destination, St James’s Market, bringing Central London its first taste of Jollof Cuisine.

Nairobi to Mombasa high-speed railway opens

Nairobi to Mombasa high-speed railway opens

East Africa is now more accessible than ever. After two years of construction, Kenya’s largest infrastructure project since independence, a $3.8 billion Chinese-built high speed railway, is up and running.

Helen Zille, Premier of the Western Cape

South African Opposition Suspends Ex-Leader Over Colonialism Tweets

South Africa’s main opposition party, the Democratic Alliance, suspended Helen Zille, its former leader and premier of the Western Cape province.

A family enjoying an injera meal at a restaurant in Addis Ababa. Photograph: Boaz Rottem/Alamy/The Guardian

From chefs to musicians, talented 're-pats' come back to build a modern Ethiopia

His dream is to show the world the glories of Ethiopian cuisine, to preserve its rich traditions and to make his fellow citizens eat better.

Invest in This Walmart of Africa?

Invest in This Walmart of Africa?

The Wall Street Journal recently featured Walmart’s operations in Africa. The article revealed that Walmart had a $2.4 billion stake in South African retailer Massmart going back to 2011.

Remi Sonaiya, 2015 Presidential Candidate, KOWA Party

Is this leading lady Nigeria's next president?

Oluremi Sonaiya doesn’t mind being called a political outsider. In fact, she embraces the term.

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.

Novare Lekki Mall (Illustration)

African Property Delivers for Private Equity Investors: Derrick Roper, CEO, Novare Equity Partners

In Sub-Saharan Africa, private equity funds offer investors access to competitively priced assets that have strong growth potential in a region where stock exchanges are still developing.

Strive Masiyiwa, Founder & Chairman, Econet Wireless Group

Zimbabwean billionaire Strive Masiyiwa's Econet appoints former Vodafone executive to run its Neotel unit

Zimbabwean billionaire Strive Masiyiwa’s Econet Wireless Global Ltd. unit Liquid Telecom has appointed former Vodafone Group Plc executive Kyle Whitehill to head up South African internet provider Neotel and oversee the company’s expansion plans.

Andile Ngcaba, Chairman, Convergence Partners

Convergence Partners, Google and the IFC commit $100 million to pan-African wholesale broadband provider CSquared

Convergence Partners recently signed an agreement with Google, the International Finance Corporation (IFC) and Mitsui & Co., Ltd. (Mitsui) to invest in CSquared, a broadband infrastructure company headquartered in Nairobi, Kenya.

XSML Capital announces final close of African Rivers Fund at $50 million

XSML Capital announces final close of African Rivers Fund at $50 million

XSML Capital, the fund manager active in Central & East Africa, last week announced its final close of the African Rivers Fund at $50 million.

Lagos, Nigeria

Uber and its rivals are struggling to keep both drivers and riders happy in Lagos

It was only a year ago that Uber declared that its Lagos market was potentially bigger than its London market.

A woman waved a portrait of Tedros Adhanom Ghebreyesus, the newly elected director general of the World Health Organization, in Geneva on Tuesday. Credit: Valentin Flauraud/European Pressphoto Agency

W.H.O. Elects Ethiopia's Tedros as First Director General From Africa

Tedros Adhanom Ghebreyesus of Ethiopia was voted director general of the World Health Organization on Tuesday, the first African ever to head the agency.

Wizkid

How Nigeria's Wizkid fashioned a new sound that won global appeal

He has a staggering seven nominations at the Billboard Music Awards and will come to the UK to headline festivals this summer.

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.

Scott Guthrie, Executive Vice President, Cloud and Enterprise Group, Microsoft

Microsoft to deliver Microsoft Cloud from datacenters in Africa from 2018: Scott Guthrie, Executive Vice President, Cloud and Enterprise Group, Microsoft

Microsoft will soon deliver cloud services from datacenters located in Cape Town and Johannesburg, South Africa.

The first three books Cassava is publishing in the US. Credit: Cassava/Quartz

Nigerian book publisher Cassava Republic is opening shop in the US

For eons, piracy in African book publishing has been something that booksellers lived with and factored in as part of the climate of doing business.

Multichoice City, Johannesburg, South Africa

MTN in talks to buy MultiChoice Africa, says report

MTN is in talks on a potential acquisition of pay-TV provider MultiChoice Africa, MyBroadband reports citing industry sources.

Christoffel Wiese is a South African businessman and billionaire who built Shoprite Holdings Ltd., a supermarket retailer, from the ground up. Credit: Waldo Swiegers/Bloomberg/Getty Images/The Africa Report

Monopoly Money: The successes and failures of South African billionaire Christoffel Wiese

One of South Africa’s richest business leaders talks about his commercial successes and failures, the debates about race and economics in South Africa and his criticism of the government.

Nairobi, Kenya

Private equity set to boom in Africa, says Baker McKenzie & the Economist Corporate Network

Africa looks set for a bright future on the private equity front with activity on the rise, according to a new report which predicts that around a billion dollars could be invested in the next five years.

Nigerians would rather have a .com web address than .ng—and not just because it’s cheaper. Credit: AP/George Osodi/qz.com

Nigerians would rather have a .com web address than .ng - and not just because it's cheaper

On the internet, Nigerians are opting for more global identities through web addresses.

Shameel Joosub, CEO, Vodacom

South Africa's Vodacom to buy 35% Of Kenya's Safaricom from parent Vodafone

Southern African telecoms giant Vodacom Group will buy a 34.94% stake in Kenyan operator Safaricom – known for its ground-breaking M-Pesa mobile money system.

afaricom hopes to spread across Africa. Credit: Reuters/Noor Khamis

Safaricom is planning to expand M-Pesa mobile money across Africa

Safaricom is planning to take its successful mobile money service M-Pesa across Africa after building a dominant home base in Kenya and presence in its East African neighbors.

Mmusi Maimane, Leader of South Africa's Democratic Alliance (DA)

South African opposition leader says coalition will beat ANC in 2019

The leader of South Africa’s opposition Democratic Alliance, Mmusi Maimane, said on Friday it could win the 2019 election with the help of other parties as the African National Congress becomes increasingly divided under President Jacob Zuma.

Lake Victoria

Britain's Equinox to invest $250 million in Kenya biogas power project

Britain’s Equinox Energy Capital is close to concluding a $250 million (£194 million) fundraising round to invest in a project in western Kenya to produce electricity from invasive lake weed water hyacinth.

Gerald Gondo, Business Development Executive, RisCura Africa. Credit: afsic.net

African fixed income investments coming into their own: Gerald Gondo, Business Development Executive, RisCura Africa

Given the continued global search for yield and growth in an increasingly low-yield world, debt markets in Africa should and will attract increasing attention from institutional investors.

Hadi Sirika, Nigeria's Minister of State on Aviation

Nigeria plans to set up national airline, develop aviation capacity

Nigeria has appointed advisers to help it set up a national airline and develop its aviation infrastructure — currently seen as a barrier to economic growth — to create a hub for West Africa, junior aviation minister Hadi Sirika said earlier this month.

Rate cuts & healthy FX reserves pave way for next bull run in Africa's markets

Rate cuts & healthy FX reserves pave way for next bull run in Africa's markets: Ryan Hoover, Portfolio Manager, Africa Capital Group

The sorry state of South African governance may be dominating headlines, but a closer inspection of Africa’s financial news reveals a heartening trend in the continent’s frontier economies.

FIFA confirms nine places for Africa at 2026 World Cup

FIFA confirms nine places for Africa at 2026 World Cup

Africa could have as many as 10 teams competing at the 2026 World Cup after the allocation for places at the expanded 48-nation competition was ratified by the FIFA Council during their meeting in Bahrain.

Malusi Gigaba, Minister of Finance, South Africa

'No chance in hell' opposition will remove Zuma, Finance Minister says (Video)

South Africa finance minister says only ANC can decide on Zuma. Opposition parties have called for no-confidence motion.

Media Eghbal, Head of Countries' Analysis, Euromonitor International. Credit: LinkedIn

Top 3 Largest Markets in Sub-Saharan Africa (Audio): Media Eghbal, Head of Countries' Analysis, Euromonitor International

Sub-Saharan African economic growth is expected to pick up in 2017 after reaching the lowest level in 22 years in 2016.

African private equity exits hit record high in 2016

African private equity exits hit record high in 2016 (Report): EY & AVCA

The number of exits achieved by PE firms in Africa is trending upwards, evidenced by a record number of exits in 2016.

Chevrolet Volt

Chevy Volt's designer, Jelani Aliyu, has been appointed boss of Nigeria's automobile agency (Infographic)

Nigeria’s government has long talked about diversifying its oil-dependent economy but it’s actions have not always matched the bluster.

Anthony Joshua

Anthony Joshua: Fighting for Britain but fueled by Nigeria (by Chibundu Onuzo)

The champion’s origins are spelt out in his tattoo and his liking for pounded yam and egusi. But while he’s on the rise, the British press probably won’t report it.

Nigeria's Cars45 closes $5M round to digitize Africa's used autos markets

Nigeria's Cars45 closes $5M round to digitize Africa's used autos markets

Africa’s startup boom is moving into the used-vehicle space. Nigeria based Cars45.com raised a $5 million Series A round from the Frontier Cars Group, a holding company whose backers include Balderton Capital, EchoVC, TPG Growth, and NEA.

Rob Shuter, CEO, MTN Group

MTN's new CEO starts job committing to investment in largest markets of Nigeria and South Africa

First-quarter sales rose 7.1 percent boosted by Nigeria and Iran. Carrier still has ‘work to do’ to meet full-year targets