Kenya´s economic growth is expected to strengthen to 5.5 per cent already this year, supported by resilient performance in tourism and recovery in the agricultural sector. Lower inflationary pressure and robust remittances to Kenyan households will also bolster consumer spending, representing a key driver for growth over the next few years. “Overall, we believe that […]
Read MoreAMA PRESS RELEASE A new groundbreaking report reveals that everyday perceptions of Africa in the UK and the US are still largely shaped by outdated and negative stereotypes-with profound consequences for how people engage with the continent culturally and economically. Titled Stereotypes About Africa in Britain and the United States: A Social-Psychological Study of Their Impact […]
Read MoreIn what appears to be respite for bank customers who are burdened by bank deductions from their accounts, the Nigerian Communications Commission (NCC) rejigs her End User Billing (EUB) policy for USSD banking in Nigeria. Before now it had been bundles of cries by bank customers over such deductions as in most cases customers are […]
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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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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 […]
Read More4DX 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 […]
Read MoreAMA 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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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 […]
Read MoreMTN 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 […]
Read MoreAXIAN 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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