News around Africa
Bola Tinubu: 5 African Countries That Can Serve as a Model for Nigeria’s President-Elect
Bola Ahmed Tinubu is a prominent Nigerian politician and one of the most influential figures in Nigerian politics. Several African Countries have skyrocketed their economies through different strategies that Tinubu can emulate. Nigeria is a vibrant country with diversity, and potential. Its rich culture and traditions, diverse populations, natural resources, and…
Read More »5 African Presidents Forced to Step Down
Africa is a continent that has witnessed several cases of presidents that have been forced to step down from power. These forced resignations have often come as a result of pressure from the public, opposition parties, civil society organizations, or even from within their own parties. While some of these…
Read More »5 Most Important Import Partners of Nigeria in 2023
Nigeria is the most populous country in Africa with its economy heavily dependent on international trade. Nigeria relies on a handful of key trading partners who play a crucial role in shaping the country’s economic growth and development. The West African country is a major player in international trade whose…
Read More »Gbenga Agboola’s Flutterwave denies losing $6.3 million to hackers
Gbenga Agboola, the CEO and co-founder of Flutterwave has denied losing the sum of $6.3 million to hackers. On Sunday, there was numerous reports stating that hackers had stolen N2.9 billion ($6.3 million) from the accounts of the San Francisco and Lagos-based fintech unicorn, On Sunday afternoon, numerous media reports…
Read More »Billionaire Advice: 5 Lesson in Taking Action in Africa
Africa’s billionaires over the years have amassed their wealth through various means such as investment, ecommerce, banking, real-estate and so on. Many of these billionaires have shared their success stories, give valuable insights and advice to anyone looking to take action and attain success in Africa’s business space. These billionaires…
Read More »Late Kenyan Naushad Merali’s Family, rakes in $2.33 million from Sasini Tea in a day
Today’s trading session on the Nairobi Securities Exchange, saw the family of the late Kenyan tycoon Naushad Merali witness a remarkable surge in the market value of their stake in Sasini Tea. The shares of the Agricultural firm, according to Billionaires Africa, surged by 9 percent on the Nairobi Securities…
Read More »South African Billionaire, Stephen Saad Set to Revive his COVID-19 Vaccine Production Lines
Stephen Saad, South African billionaire businessman and the owner of the renowned pharmaceutical company, Aspen Pharmacare Holdings is set to revive its idle COVID-19 vaccine production lines through his upcoming deals. According to a recent report by Reuters, it reveals that the company is close to signing four partnerships that…
Read More »IFC and Viva Tech Open Application For AfricaTech Awards
International Finance Corporation (IFC) and Viva Technology have announced the second edition of the AfricaTech Awards. The awards come as part of IFC’s strategy to support tech ecosystems in emerging markets by providing startups with the capital, market expertise, and networks they need to scale. The application is open to…
Read More »Aliko Dangote’s Sugar Business Surpasses it’s $110 million in 2022
Dangote Sugar Refinery Plc, a subsidiary of Dangote group, a leading integrated sugar business owned by Africa’s richest man and Africa richest black man, Aliko Dangote reached another milestone by recording an outstanding performance in its 2022 fiscal year, with profits surpassing the N50 billion ($110 million) milestone The company…
Read More »Most Controversial Presidential Wins in Africa
There have been many controversial elections in Africa over the years. In many African countries, the election process is marred by allegations of fraud, vote rigging, and other forms of violence. Some African countries have tried to be transparent while many still face significant challenges. Many of these elections held…
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