African journalists, experts tour Gazprom’s facilities |
By Emmanuella Anokam Thank you for reading this post, don’t forget to subscribe! Moscow, July 18, 2023 Some energy experts and journalists from different African countries have arrived in Moscow, Russia to participate in a tour of facilities of Gazprom, the Russian energy company. Naija247news reports that the press tour for African journalists and experts,
AVANTI Communications Cements Market-Leading Position in Sub-Saharan Africa
Avanti Communications (Avanti) has been named the market-leading high-throughput satellite capacity partner in sub-Saharan Africa for the second year running. The results, from the 20th edition of the NSR Satellite Capacity Supply & Demand Analysis says Avanti’s market share is now more than two times that of its nearest competitor. NSR’s annual report is one
Africa: one in two companies on the continent is exposed to the risk of cyber attack
0 52% of businesses in Africa are not prepared to handle a large-scale cyber attack. Dell Technologies reveals this in a report it shared at a forum in Lagos, Nigeria, where it partnered with Cwg and Mitsumi to share insights into ways businesses can mitigate the rising tide of cyberattacks, most of which go unreported.
Airstrike kills 5 al-Shabab militants in central Somalia
airstrike Somalia and the United States said Thursday that their forces killed five al-Shabab militants in an airstrike conducted in a remote area near Hareeri Kalle, central Somalia. The Somali government and the U.S. Africa Command (AFRICOM) said in a statement that the self-defense strike which was carried out Wednesday at the request of the
Nigerian designer tapping into Africa’s leather potential
A bag produced by Femi Olayebi’s company By Gbemisola Esho, bird story agency While pregnant, Nigerian entrepreneur Femi Olayebi made a baby bag for herself. That led to her founding her own brands – My World of Bags and FemiHandbags – which have clients across Africa, Europe, the US, and Canada. Now she wants buyers
Research shows that 90% of Nigerian businesses are using AI to increase output
Nigeria, a rapidly growing economy in Africa, is witnessing a strong interest among businesses in leveraging cutting-edge technologies to propel their growth strategies. As per Equinix’s 2023 Global Tech Trends Survey findings, 47% of Nigerian businesses are actively adopting interconnection solutions. Moreover, more than 90% of these businesses recognize the advantages of artificial intelligence (AI)
World Bank Ranks Nigeria as Africa’s Largest Economy For Fifth Year in a Row, Egypt Fast Catching up
Nigeria is still Africa’s largest economy for five consecutive years, World Bank Data revealsNigeria’s economy grew by 8.3% in 2022, with a GDP of 447.4 billion, accounting for 17,4% Africa’s GDPEgypt, however is fast catching up with Nigeria with a GDP of $476.7 billion, placing second on the continent Nigeria retained its position as Africa’s
African gaming market continues to grow driven by mobile game revenues
New data released from Newzoo and Carry1st reveals that the African gaming market is set for continued growth, driven by increased mobile gaming revenues. According to this latest report commissioned by African company Carry1st, the Sub-Saharan Africa gaming market is projected to reach over $1 billion by 2024 and will continue to grow in the following
Ramaphosa Relies on the Companies His ANC Derides – Bloomberg.com
In South Africa, 62% of respondents said they trust business while 22% … Nigeria and Lesotho interest-rate decisions, South African central …
Ghana: What to expect from the mid-year budget review
Ghana is set to announce its mid-year budget review next week. The review will need to outline how the government plans to stick to recommendations laid out by the International Monetary Fund (IMF) to secure continued payments from its agreed support package. In May, Ghana received its first payment from the IMF of about $600m.