Business Africa

European Union Nigerians

European Union Threatens To Impose Strict Visa Policies on Nigerians

The European Union (EU)has threatened to impose restrictive visa implementation rules on Nigerians if her government failed to cooperate in the readmission of its nationals deported from EU member countries. The European Union spokesperson for Foreign Affairs and Security Policy, Ms Virginie Battu-Henriksson said this in a statement while explaining […]

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Dangote Fertiliser Plant

Dangote Begins Pre-testing of $2BN Fertiliser Plant

Before its planned inauguration, Dangote Fertiliser Limited has announced the commencement of pre-testing works on its $2 billion Granulated Urea Fertiliser plant within the Dangote free port in Ibeju Lekki, Lagos.  The Dangote fertiliser plant has a capacity of three million tonnes per year and is adjudged the most important […]

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Kenyan E-Commerce Startup Sokowatch Raises $14M, Eyes Expansion

Sokowatch, a Kenyan based B2B commerce startup that connects informal retailers directly to local and multinational suppliers, has just raised $14m in a Series A round. The Series A funding round was led by Quona Capital, with Vertex Ventures, 4DX Ventures, Timon Capital, Amplo, and Breyer Capital, also participating in Sokowatch’s USD 14 […]

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Nikolai Beckers

Algeria Deports German CEO Nikolai Beckers for Sacking 900 Workers

Algeria yesterday issued an order to deport the country head of the Qatari telecommunications company Ooredoo, Nikolai Beckers, for “sacking 900 Algerian workers” within seven months as a CEO. Nikolai Beckers, in August 2019, was appointed the CEO of the Algerian arm of Ooredoo, an international telecommunications company headquartered in Doha, Qatar. Nikolai […]

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