Business Africa

PepsiCo Pioneer Foods

US Food Giant, PepsiCo Offers $1.7bn To Buy South Africa’s Pioneer Foods

PepsiCo has made a $1.7 billion (€1.5 billion) offer to buy South Africa’s Pioneer Foods Group, the companies said on Friday, boosting the target’s shares by nearly 30%. In a joint statement, PepsiCo said the deal made sense as Africa “is a key market for future growth”. “Acquiring Pioneer Foods […]

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Lagos Uber

Lagos State to Partner Uber on Water Transportation

The Deputy Governor of Lagos state, Obafemi Hamzat on Thursday disclosed that the government is negotiating a partnership with Uber on water transportation. Hamzat, who represented the governor Babajide Sanwo-Olu, made the disclosure at the 4th Traffic Radio Lecture Series themed ‘Lagos beyond roads; The intermodal transport option’ in Ikeja. […]

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18,000 Nigerian Youths to Benefit from ITF Skills Training

18,000 Nigerian Youths to Benefit from ITF Skills Training

18,000 Nigerians youths will be trained under the 2019 skill intervention programme of Industrial Training Fund (ITF). During a media briefing by the Director-General/Chief Executive Mr. Joseph Ari, on Thursday, July 18, he explained that the training was under the federal government’s efforts to get Nigerians engaged in meaningful economic […]

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