News around Africa

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…