Nigeria-South Africa: A complex relationship at a crossroads
On 18 September, Nigeria’s President Bola Tinubu met with his South African counterpart, Cyril Ramaphosa, on the sidelines of the United Nations General Assembly (UNGA) in New York. There’s more to this story Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African
Kenya, Tanzania and Uganda to Jointly Host 2027 Africa Cup of Nations – Ethiopian Monitor
ADDIS ABABA – Kenya, Tanzania, and Uganda have been awarded the right to jointly host the 2027 Africa Cup of Nations (Afcon). The decision was made by the Executive Committee of the Confederation of African Football (Caf) on Wednesday. The Executive Committee met in Cairo to decide not only the winner of the bid to
FLASHBACK: Food prices increase by 122%, Ghana ranks 1st in Sub-Saharan Africa – World Bank
Nigeria 106.5 4th. Kenya 104 5th. South Africa 102 6th. Angola 101.5 7th. Mozambique 101 8th. Zambia 100.5 9th. Congo 100 10th. Ghana’s leading …
Ghana: Protect Indigenous Business – Tanker Union Secretary
The Executive Secretary of the Tanker Owners Union, Ignatius Koku Doe, has called on the government to protect indigenous businesses since its collapse would spell doom for the country’s economic fortunes. He said Ghana’s economy was to a large extent dependent on the ability of local businesses to thrive, adding that allowing such businesses to
Africa-focused music streaming service Mdundo reaches 26.6m Monthly Active Users
Africa-focused music streaming service Mdundo has reported a 239% YoY jump in revenue from paid subscriptions, with the company recording a 23.2% YoY increase in monthly active users (MAUs). In the annual report for its fiscal year ended June 30, 2023, released on Tuesday (September 26), Mdundo reported a subscription revenue surge from DKK 7.2
Here are Nigeria’s biggest banks by assets in H1
Access Bank Plc has earned a spot as the largest bank in Nigeria by total assets in the first half of 2023, according to BusinessDay. The tier-one banks surveyed recorded an aggregate total asset value of N74.95 trillion in the first half of 2023, a 57.7 percent increase from N47.54 trillion in 2022. Their collective
Media company gamma. expands to Africa, makes Larry Gaaga Vice President, GM
Artiste-first multimedia platform, gamma. which provides creative and business services across all artistic and commercial formats, has announced an expansion of its commitment to Africa with the addition of two impactful music industry pioneers to the region’s executive team. The executive appointments include legendary Nigerian songwriter and recording artiste, Larry Gaaga, joining as Vice President/General
Ghanaian Music Executive Paul Azumah-Ayitey to head BoomPlay Comms & PR Operations in Africa
Africa’s premier music streaming and download platform, Boomplay, has promoted Ghanaian music executive, Paul Azumah-Ayitey, to the role of Communications and Public Relations Manager for Africa. Though the music executive assumed the role from July 2023, the news was first made public last week and shared online by Music Business Academy for Africa, where Paul
LCCI, experts highlight place of insurance in economic growth – The Sun Nigeria
By Merit Ibe The Lagos Chamber of Commerce and Industry (LCCI) alongside some economic experts have proffered the way forward for the Nigerian insurance sector as a contributor to the growth of the economy. Speaking at the 2023 Insurance Stakeholders’ Consultative Forum, yesterday, themed: “Rethinking insurance as a Critical Economic Growth Strategy”, President of
FLASHBACK: Ghana has highest interest, lending rates in Africa – GhanaWeb
Nigeria 5.50% 6.00% 5th. South Africa 5.63% 6.99% 6th. Namibia 7.11% 7.54% 7th. Kenya 8.95% 11.83% 8th. Uganda 9.31% 11.83% 10th. Zambia 9.94% 10.00 …