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Global M&A deal value plummets by 29% in 2022, reveals GlobalData
All regions, except for the Middle East and Africa and Asia Ex-China, recorded a decline in deal value in 2022 compared to the ...
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EIB and Kenya strengthen cooperation on green hydrogen
“Kenya has some of the best renewable energy sources in the world if the storage components were equally developed,” ...
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Rise in labour and social upheavals to test business resilience – Allianz
Strikes, riots, and civil commotion racked up $12 billion of losses for businesses and institutions from just six major ...
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Ecobank Group announces Jeremy Awori as its new CEO
Jeremy Awori brings over 25 years of experience in the banking industry into his new role. -
Thabo Mbeki to lead Commonwealth observers for Nigerian elections
“This month’s elections hold immense significance not just for Nigeria, but for the entire African continent and the ...
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Europe’s leading football clubs embracing sustainability
English Premier League is perceived as the most sustainable football league among fans in Brand Finance’s research.
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Vantage Capital’s fourth mezzanine fund closes at $377 million
Since 2006, Vantage Capital’s Mezzanine division has made 33 investments across four funds into 11 African countries.
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Rand Merchant Bank establishes US representative office
RMD CEO Emrie Brown says the new office will link investors in the United States with Africa’s extensive business ...
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Cross-border B2B payments to surpass $40 trillion globally by 2024
Currently, instant payments are restricted to certain cross-border destinations, accounting for just 8 percent of cross-border ...
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African tech ecosystem raised $6.5 billion in 2022
The report's findings also show female-founded startups raised 22% of all equity rounds in 2022, up 2 percentage points from 20% ...
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IFC provides Union Bank $30 loan to support trade, SMEs
IFC has an active investment portfolio of $2.3 billion in Nigeria – the second largest in Africa after South Africa.
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China's population decline to affect its economy and geopolitical power
According to GlobalData, the population decline will impact the Chinese economy in the coming years and give the US an edge in ...
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Nigeria surpasses 30 percent Covid-19 vaccination milestone
Key drivers behind the success of this year’s drive include leadership and improved coordination at the local, state, and ...
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Central Bank of Nigeria raises interest rate to 17.5 percent
Addressing other issues, the CBN Governor Godwin Emefiele noted that the deadline for phasing out old naira notes would ... -
EU banks add €2.3 trillion to assets base despite geopolitical tension
The number of assets recorded a sharp drop between 2019 and 2020 in the wake of the pandemic.
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Touch and Pay deploys contactless fare payment for Lagos rail line
500,000 Lagos commuters to benefit as Nigerian startup becomes first local company to unify rail, bus, and ferry via contactless ...
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TotalEnergies showcases commitment to innovation with new lubricant ad
TotalEnergies says its Lubricants division has been innovating for 70 years, to offer Quartz lubricants adapted to all types of ...
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Companies embrace biodegradable packaging to achieve sustainability goals
Amidst a raft of new regulations and environmental laws, consumer-facing companies are adopting a slew of measures to switch to ...
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Renewables can provide 60 pct of Nigeria’s energy demand by 2050 - IRENA
Achieving this milestone in renewable energy adoption will save the country 40 percent in natural gas and 65 percent in oil ...
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U.S. inflation slows to 6.5 percent
The latest U.S. inflation data, according to deVere Group CEO Nigel Green, will keep the global stock market rally on track.
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Bolt releases data on how Nigerians used the ride-hailing service in 2022
Abuja, Lagos, and Port Harcourt were the cities with the highest record of rides.
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