The African voice for everything business.
South Africa-based telecoms giant, MTN Group is reportedly planning to sell, in part or all, of its $243 million interest in Jumia Technologies, Africa’s biggest eCommerce company. Bloomberg, citing inside sources, said MTN intends to use part of the money for debt settlement and the rest to enter new markets. […]
The newly appointed Chief Executive Officer (CEO) of Seplat Petroleum Development Company Plc, Roger Brown has expressed commitment to take the company to its next phase of growth despite inevitable challenges. Brown, who joined Seplat in 2013 as the Chief Financial Officer (CFO), resumed work on August 1. He took […]
Following the sack of about 170 pilots and engineers by two Nigerian airlines, Air Peace and Bristow Helicopters, the National Association of Aircraft Pilots and Engineers (NAAPE) has demanded that the action be rescinded within two weeks. In a separate statement this week, Air Peace and Bristow had announced that […]
A large number of African startups are not incorporated on the continent and this includes some of the fastest-growing African startups like Paga, Paystack, Andela and Flutterwave which are incorporated in San Francisco, Delaware, or other non-African countries. A recent report by the African Private Equity and Venture Capital Association […]
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