The African voice for everything business.
Africa’s tech company Andela has sacked about 420 staff across Nigeria, Kenya and Uganda. CEO Jeremy Johnson of Andela confirmed to TechCrunch that the staff being laid off are junior engineers across the three countries. The layoffs come as the tech startup released first-time earnings figures showing an annual revenue […]
1,960 total views, 1,039 views today
‘Daughters of Chibok,’ a Kachi Benson’s film, has won best Virtual Reality (VR) story at the 76th Venice International Film Festival. According to a report News Agency of Nigeria (NAN), the film is a depiction of the April 2014 abduction of 276 female students from Government Secondary School in Chibok, […]
29,666 total views, 1,037 views today
The advisory council would advise the President on economic policy matters and would report directly to his office. President Muhammadu Buhari has constituted an Economic Advisory Council (EAC) following the dissolution of the Economic Management Team. This was disclosed in a press release signed by the Special Adviser on Media and […]
1,707 total views, 692 views today
Nigerian fintech start-up Kuda has raised $1.6 million in pre-seed funding in preparation for its beta launch as a digital bank. The Lagos and London-based company recently launched the beta version of its online mobile finance platform. Kuda also received its banking license from the Nigerian Central Bank, giving it […]
5,081 total views, 1,037 views today
Nigeria cooking-gas usage hit a 78 metric tonnes peak for the month of July, the Petroleum Products Pricing Regulatory Agency (PPPRA) has said. Known as the Liquefied Petroleum Gas (LPG), the PPPRA noted that its utilisation f rose from 40,000 Metric Tonnes (MT) in April to 78,000 metric tonnes in […]
5,243 total views, 1,038 views today
The management of Popular Farms and Mills Limited, a subsidiary of the Stallion Group, has invested more than $70 million to boost the production of agricultural varieties, particularly paddy rice and sesame in Nigeria, as to strengthen the country’s economy. The Managing Director, Kano-based Popular Farms and Mills, Amit Kumar […]
2,757 total views, 346 views today
Tanzania’s World Bank aid embargo has been lifted. The East African country will now get a $450 million loan. The World Bank had put a ban on Tanzania last year owing to concern over government policies such as passing a law that made it illegal to question official statistics and […]
11,609 total views, 692 views today
‘Daughters of Chibok,’ a Kachi Benson’s film, has won best Virtual Reality (VR) story at the 76th Venice International Film Festival. According to a report News Agency of Nigeria (NAN), the film is a depiction of the April 2014 abduction of 276 female students from Government Secondary School in Chibok, […]
29,667 total views, 1,038 views today
Nollywood actor Kunle Afolayan revealed back in July that Netflix had acquired some of his films. Announcing the deal at the maiden edition of the French-Nigerian Cinema Days, the Nigerian actor, director and producer said, “I wish to inform you that Netflix has acquired Mokalik and some of my other films.” […]
43,330 total views, 692 views today
South Africa’s rapper, songwriter and record producer, Nsikayesizwe David Junior Ngcobo known professionally as Nasty C, has scored the most continental nominations for the 2019 All Africa Music Awards (AFRIMA). Also, the duo of Nigeria’s music Afropop icons, David ‘Davido’ Adeleke and Burna Boy followed with more nominations for 2019 […]
44,619 total views, 346 views today
Africa’s tech company Andela has sacked about 420 staff across Nigeria, Kenya and Uganda. CEO Jeremy Johnson of Andela confirmed to TechCrunch that the staff being laid off are junior engineers across the three countries. The layoffs come as the tech startup released first-time earnings figures showing an annual revenue […]
1,960 total views, 1,039 views today
The advisory council would advise the President on economic policy matters and would report directly to his office. President Muhammadu Buhari has constituted an Economic Advisory Council (EAC) following the dissolution of the Economic Management Team. This was disclosed in a press release signed by the Special Adviser on Media and […]
1,707 total views, 692 views today
At the end of the trading session on Thursday, September 12, 2019, the Ghana Stock Exchange had lost approximately ¢4.56 billion of equity since the beginning of the year due to the downward market performance. On Thursday, the Ghana Stock Exchange market closed with a total market capitalisation of GH¢56.95 […]
868 total views, 346 views today
The Nigerian government has said it will set up 37 MSME clusters across the country. Vice President Yemi Osinbajo’s spokesman, Laolu Akande, in a statement in Abuja said the Federal Government has commenced the process of establishing clusters for small businesses in the 36 states of the federation and the FCT. […]
6,052 total views, 1,384 views today
