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UNESCO highlights economic, cultural potential of Africa's book industry
Africa’s book industry faces a significant trade deficit. In 2023, the continent imported books worth an estimated $597 ...
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Mobile industry emissions cut must double to hit net zero
The acceleration in decarbonisation is driven by operator actions to improve network energy efficiency and transition to clean ...
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Valor Hospitality announces two deals in Nigeria, Senegal
The agreements are to manage the new Holiday Inn SD City in Dakar, Senegal and a new Crowne Plaza hotel in Lagos, Nigeria.
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AWIEF opens nominations for 2025 awards for Africa’s women entrepreneurs
“The AWIEF Awards are not just about recognition – they are about empowering and amplifying the voices of women who ...
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African Development Bank elects Sidi Ould Tah ninth president
Addressing the Bank Group’s governors and the media shortly after the announcement, Tah said, “Let’s go to ...
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GenAI to mostly transform and not replace 25% of exposed jobs
In high-income countries, jobs at the highest risk of automation make up 9.6 per cent of female employment - a stark contrast to ...
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Global space economy market to surpass $511 billion in 2029
Issues that may restrict growth include a continuation of the currently challenging global economic environment, Russia’s ...
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Nigerian digital lender pioneering new model attracts $4.2m seed investment
Launched in late 2023 by Bolu Aiki-Raji, Carrot lets retail investors borrow against stocks, ETFs, bonds or crypto without ...
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Uganda Secures $800 million from IsDB to fund development through 2027
This resource mobilisation will primarily be used to build climate-resilient infrastructure, particularly in the transport and ...
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Wärtsilä chosen for 30 MW power plant project in Victoria Island, Lagos
Institutional investors and funding partners for the project include ARM Harith Infrastructure Fund LP, Nigerian Sovereign ...
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Lower-income countries commit record $250m to immunisation – Gavi
Gavi said this underscores the increasing prioritisation of immunisation in national budgets, country ownership of immunisation, ...
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Dual conference in Cairo promotes innovation and asset integrity in Africa
Delegates from across the continent and beyond experienced firsthand the tools and innovations redefining Africa’s ...
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News analysis: The US-China trade war, was it all just a bad dream?
A rollback of tariffs and truce in the US-China trade conflict ignited a fierce risk rally yesterday, as havens slumped, ahead ...
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User account leaks fall in Nigeria, globally
Globally, the latest data by Surfshark shows a 93% drop from 973.7 million to 68.3 million leaked accounts in Q1 2025. The ...
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Finnfund issues EUR 200 mn multi-tranche green and sustainable bonds
Finnfund’s investments, commitments, and investment decisions total about 1.22 billion euros, half of them in Africa. The ...
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AWIEF 2025 mobilising stakeholders to recommit to gender equity
AWIEF2025 will convene a vibrant community of entrepreneurs, corporate executives, investors, policymakers, development ...
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New report offers insights for successful private equity exits in Africa
The increasing prevalence of secondary deals (PE to PE transactions) have steadily risen over the last decade from 15% to 30% of ...
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Global financial stability risk high after success against inflation – IMF
IMF said a likely further tightening of global financial conditions could adversely impact currencies, asset prices, and capital ...
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Egypt and Marriott boost hotel development booms in Africa
Over the past five years, the hotel development pipeline has grown at an annualised rate of 4% in sub-Saharan Africa, 12% in ...
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Dangote, other business leaders join World Bank private sector lab
Apart from Dangote, the new members of the lab are Bill Anderson, CEO, Bayer AG; Sunil Bharti Mittal, Chair, Bharti Enterprises; ...
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Global IPOs grow 17 pct to $26.2 billion in Q1, despite economic strains
The U.S. IPO deal activity hit $8.1 billion in Q1, marking a 58% annual increase.
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