Nigeria Marketing Communications Industry Has Lost A Rare Gem—Adelusi

By Adedapo Adesanya Research and credit ratings firm, Agusto & Co. has identified strategies for more improvement in the country’s electric power production. In a research note shared with Business Post, the agency noted that Nigeria’s electric power consumption per capita of 145KwH falls behind those of select peers, South Africa (4,198) and Ghana (351KwH),

‘Acquisitions position Autochek for aggressive growth in Africa’s auto market’

Johan Van Der Merwe, CEO of Autochek Financial Services, in this interview with BusinessDay’s Frank Eleanya, speaks on the number of acquisitions the company has made in recent times across the continent. He also shares how the company is addressing car affordability for consumers facing rising inflation, currency fluctuations, and unfriendly policies the automotive industry

Unpacking Africa’s fastest growing company list

Yesterday, the Financial Times, and research company, Statista released a report on Africa’s fastest growing companies 2023. The list highlights how the top 100 African businesses from across different sectors—fintech, renewable energy, healthcare, commodities and agriculture—kept their businesses afloat while most of the world’s businesses shut down.  Topping the list is Nigerian-based startup Afex Commodities

Toyota to set up two new factories in Africa

(Ecofin Agency) – The two plants should make 100,000 cars per year, each. Egypt, which already has a well-established automotive ecosystem, is a favorite candidate to host one of them.   Japanese carmaker Toyota Tsusho is planning to set up two new plants in Africa, the group’s senior executive adviser Jun Karube announced on May

Africa In The 21st Century And The Role Of Nigerians In Diaspora In Its Trajectory

The millennium saw the emergence of Africans in diaspora as a force with which to be reckoned. Some diasporans serve in the highest levels of government and many returned to Africa, particularly in Kenya, Ghana and Nigeria. Dr Ngozi Okonjo-Iweala, the current Director General of the World Trade Organisation; Dr Akinwunmi Adesina, the current President

Airtel Africa appoints Carl Cruz as CEO/MD of Nigerian subsidiary

Carl Cruz has been appointed as the new managing director and chief executive officer of Airtel Nigeria,  a subsidiary of Airtel Africa Plc. In a statement on Thursday,  the telecom giant said Cruz’s appointment takes effect from May 5. According to the statement, Cruz who is taking over from C Surendran, will also join the

Here are SA’s top 10 fastest-growing companies for 2023, according to new report

FT/Statista released its annual ranking of Africa’s 100 fastest-growing companies for 2023. According to the report, these companies have managed to grow when most of the world shut down due to the pandemic.Over 30 South African companies across various sectors made it onto the list and we compiled a list of the top 10.   For more