Nigeria emerges as Africa’s investment hub with 30% of all of Africa’s FDIs

He claims that the Nigerian tech sector drew $4.4 billion in investments in 2015, 2019, and 2020 combined and that ICT made up around 18.5% of the nation’s GDP. Inuwa made this statement at the 2023 Leaders Without Borders Annual Business Summit and International Honours, which had the theme “Business Beyond Borders, Global Partnerships and

East African central banks mull digital currency to ease payments

By JAMES ANYANZWA East African central banks are considering adopting a digital currency to hasten cross-border payments and reduce costs as a digital revolution sweeps across Africa’s banking sector. The region has been pushing for integration to bolster intra-regional trade and investments, which are running into headwinds from tariff and non-tariff barriers (NTBs). The East

Low Adoption Keeps Africa’s First CBDC In Distress

In April 2021, Nigeria became the first country in Africa, and second in the world after the Bahamas, to roll out a central bank-backed digital currency (CBDC). The country’s government was convinced it would boost financial inclusion, secure digital transactions and promote trade.  Ever since its rather tricky takeoff, the CBDC has been beset with challenges.

The Citizen: Dubai is a major hub for international travel

v + T – normal size An article published in the South African newspaper, The Citizen, described Dubai as a successful exhibition city, pointing to the role of the emirate’s exhibitions in increasing the number of visitors from the African continent, and in promoting tourism in Africa, which helps in promoting tourism in both directions.

World’s toughest job awaits Tinubu

“Whoever wins this election, loses.” Those were the words a foreign diplomat who has lived in Nigeria for 20 years used in depicting the arduous task ahead of Nigeria’s next leader and it is the reason many believe President-elect Bola Tinubu must hit the ground running from day one. Tinubu, whose victory is still being

Reviewing Ghana’s Economic Policies Within The Context Of Geopolitical Changes

By Professor Maurice Okoli The Executive Board of the International Monetary Fund (IMF), after several stages of negotiations, has finally approved a 36-month arrangement under the Extended Credit Facility (ECF) in an amount equivalent to SDR 2.242 billion (around $3 billion or 304 per cent of quota) for the Republic of Ghana. While this Credit

Henley Business School is top in Africa for Executive Education

HENLEY Business School’s executive education programmes have remained in the top 20 in the world and are ranked first in Africa and top in the world for faculty diversity, according to the Financial Times annual review released on Monday 22 May, 2023. An international institution with campuses in Africa, Europe, and Asia, Henley is one