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Lidya SMEs

Nigeria’s Lidya Wants To Become the Biggest Non-Bank Lender to SMEs

Nigerian fintech startup Lidya is on a drive to become the world’s biggest non-bank lender to small and medium-sized enterprises (SMEs) in the world. “The idea is to more or less become the biggest non-bank financier to SMEs, in the world. That’s what we’re building towards,” Lidya’s Co-founder, Tunde Kehinde told Ventureburn […]

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Somalia’s Oil Minister Abdirashid Mohamed Ahmed, has said that the country will announce its first-ever oil licensing round in December.

Somalia to Announce Sales of 1st Oil Blocks in December

Somalia’s Oil Minister Abdirashid Mohamed Ahmed, has said that the country will announce its first-ever oil licensing round in December. Ahmed made this known in an interview with Reuters on Tuesday, November 5. The Minister explained on the sidelines of an African oil and gas conference in Cape Town, South […]

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Dangote Sugar Savannah Sugar

Dangote Sugar Announces Merger Plans With Savannah Sugar Company

The program will involve the transfer of all assets, liabilities, and undertakings of Savannah Sugar Company Limited to the Dangote Sugar Refinery. Savannah Sugar is currently a private entity with processing capacity to produce 50,000 tonnes of sugar per year. Aliko Dangote, the richest man in Africa, is merging his […]

675 total views, 361 views today