News

Seplat Energy Bags Award as First to Receive CIPS Procurement Excellence Standard Certificate in Nigeria

The Chartered Institute of Procurement and Supply (CIPS) has presented the Procurement Excellence Standard Certificate to Seplat Energy Plc, the foremost Nigerian independent energy company. The Global Chief Executive Officer, CIPS, Ben Farrell, made the presentation to Seplat Energy during a visit to the Seplat Energy team led by the Chief Operating Officer, Samson Ezugworie; […]

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Business

Dangote Group Pays N450bn Taxes in 2024, Says Aliko Dangote

The Dangote Group, Aliko Dangote, recently informed President Bola Tinubu has paid N450 billion in taxes to the Federal Government’s coffers in 2024. According the President of the Group, Aliko Dangote, this significant tax payment, makes it the highest tax-paying company in Nigeria adding that Dangote companies are contributing more in taxes than all the […]

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Business

Pan-Africa Tech Venture, 4DX Ventures Appoints New Senior Advisors

 4DX Ventures, a pan-Africa venture capital firm investing primarily in early-stage technology companies, announced today that Mimi Alemayehou and Kurankye Sekyi-Otu have joined the firm as Senior Advisors as 4DX continues to scale its platform and deepen its impact across the continent. Since its Managing Partners made their first investment in Africa in 2013, 4DX […]

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Business

Africa’s Investable Capital for Infrastructure Now Over $4trl of Domestic Savings, Says AFC Report

AMA PRESS RELEASE Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today publishes the most comprehensive and up-to-date picture of Africa’s investable capital landscape-revealing over $4 trillion of domestic savings in banking assets, institutional funds and reserves. The research in the 2025 edition of the State of Africa’s Infrastructure (SAI) Report underscores AFC’s conviction in […]

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Business

Bill Gates Pledges $7.5m  for Africa’s AI Future, Signs Agreement on Nigeria’s AI Scaling Hub

Microsoft founder and philanthropist Bill Gates has launched a $7.5 million Artificial Intelligence (AI) Scaling Hub in Nigeria, a major step in his broader vision to accelerate AI adoption across Africa. The announcement came just a day after Gates pledged to donate 99% of his estimated $200 billion fortune to the continent while speaking at […]

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Business

MTN Nigeria Launches 21 Days of Y’elloCare with Focuse on Grassroot Initiatives

MTN Nigeria today held the opening ceremony for the 2025 edition of 21Days of Y’ello Care, the company’s annual employee volunteerism initiative. This year’s campaign, themed “Connecting at the Roots – Connecting Communities through Digital Tools,” will run from June 1 to June 21, 2025, and focuses on supporting communities that continue to face barriers […]

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Business

AXIAN Telecom Picks 8% Stake in Jumia for Growth Trajectory

AXIAN Telecom has acquired an 8% stake in pan-African e-commerce company Jumia Technologies, citing the platform’s fintech and logistics strengths as key drivers of its backing. This marks the first major telecom investment in Jumia since MTN Group’s exit in 2020. AXIAN, a fast-growing telecom and digital services provider with operations across Africa, disclosed the […]

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Business

HR Technology Firm, SeamlessHR Reassures of Commitment to Ghanaian market 

SeamlessHR, Africa’s end-to-end HR technology company, has reiterated its long-term commitment to the Ghanaian market following its participation at two of the country’s notable business and human capital development events, the Ghana CEO Summit, and the HR Focus Fusion. As part of its broader African expansion strategy, SeamlessHR’s participation marks a significant step in deepening […]

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Business

Gates Foundation to Spend $200bn in Next 20 Years Through Partnership Projects

AMA PRESS RELEASE African leaders need to seize the moment to accelerate progress in health and development through innovation and partnership, despite current headwinds. Gates Foundation Chair, Bill Gates dropped the message in an address at the African Union, where he announced that the majority of his $200 billion spend over the next 20 years will […]

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Business

IHS Nigeria Supports Security Partner with 65 Patrol Vehicles to Enhance Site Patrols, Increase Operational Efficiency

IHS Nigeria, a subsidiary of IHS Holding Limited and one of the largest independent owners, operators, and developers of shared telecommunications infrastructure in the world by tower count, has formally commissioned 65 Response, Patrol, and Escort (RPE) vehicles to G4S Secure Solutions Nigeria Limited, its long-standing security partner. The commissioning ceremony which held in Ikeja […]

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