Business

Saudi billionaire, Al-Amoudi picks one of Africa’s fastest-growing destinations for a $116 million hotel expansion

Saudi billionaire Mohammed Al-Amoudi is backing a $116 million hotel expansion in Addis Ababa, Ethiopia, with IFC providing $80 million…

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REWRITING AFRICA’S BEAUTY STORY: HOW BEATRICE ENEH IS BUILDING A $100B CONNECTIVE ECOSYSTEM FOR THE MOTHERLAND

Africa has never lacked beauty. From its indigenous botanicals and shea butter to its diverse skin tones, hair textures, and…

Accra Circuit Court Remands Nigerian Accused Of Labone Bank Robbery Plot

A Nigerian national, Maazi Okechuku Augustine, has been denied bail and remanded in police custody in Ghana over his alleged…

Insurance Reform: NAICOM Clears 43 Insurers, Reviews Eight

The National Insurance Commission, NAICOM has officially announced the successful completion of the country’s 12-month insurance sector recapitalisation exercise, describing…

Tony Elumelu to step down as UBA chair, bank names successor

United Bank for Africa (UBA) Plc has announced that its Group Chairman, Tony O. Elumelu, will retire from the Board…

Globacom Targets Streamers, Gamers With New Data Bundle

Nigeria’s digital and telecommunications services company, Globacom, has launched a new data initiative aimed at heavy internet users, introducing enhanced…

Westpaq International Opens State-of-the-Art Energy Industry Training Facility in Lagos

Westpaq International, in partnership with Subsurface Consultants and Associates (SCA), has opened a cutting-edge Energy Industry Training Facility at Eko…