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Flutterwave acquires license for digital payment services in Senegal
Senegal represents a significant portion of the 28% of adults using mobile money in Sub-Saharan Africa, driving the growth of ...
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NDIC pledges support towards financial system stability
Central Bank of Nigeria Governor, Olayemi Cardoso, expresses optimism about deepening collaboration between the CBN and NDIC ...
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FIRS onboards MTN Nigeria on new e-invoicing platform, others to follow
The system is being rolled out in phases, beginning with large taxpayers and with those in the medium and emerging groups to ...
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Equatorial Guinea mandates Afreximbank as advisor on $4.5bn LNG project
The project is expected to receive 360 million standard cubic feet per day of feed gas and to produce approximately 7,055 tons ...
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Dangote retires as chairman of Dangote Cement
Emmanuel Ikazoboh, former group chairman of Ecobank Transnational Inc., will fill the role vacated by Dangote, whose daughter, ...
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Uganda launches NDC 3.0 development process
Quality NDCs will foster credibility and transparency in raising ambition on climate finance and other means of implementation, ...
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Sun King raises $156 million to provide solar for over a million Kenyans
Sun King said the deal builds on its $130 million securitisation completed in 2023.
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Gita Gopinath leaves IMF to return to Harvard
Ms. Gopinath joined the IMF in January 2019 as Chief Economist – the first woman in the position – and was promoted ...
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UK borrowing blow makes tax hikes ‘inevitable’ – Nigel Green
"The UK is headed toward a fiscal squeeze, and the Chancellor has limited room to manoeuvre," Green sounds the alarm.
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Open Society announces fellowships for four Nigerian public intellectuals
The Open Society Fellowship will support critical thinkers in seven cities across Africa, Asia, Latin America, and the Middle ...
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Nigeria’s GDP climbs to $243 billion after rebasing
According to the official statistics agency, this revision represents a 41.7% increase in nominal estimates compared to a 59.7% ...
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Renewable energy boom highlights growing regional divide
Over 70% of renewable energy capacity growth occurred in Asia, while other regions, particularly Africa, lagged behind, ...
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IMF commends reform at Federal Inland Revenue Service
FIRS said the IMF has been a critical stakeholder in its journey towards tax system reforms targeted at improving domestic ...
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Global foreign direct investment falls for second consecutive year – UNCTAD
“Too many economies are being left behind not for a lack of potential – but because the system still sends capital ...
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Global carbon pricing mobilises over $100 billion for public budgets
Over half of this revenue generated for public budgets was earmarked for environment, infrastructure, and development projects.
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Allianz identifies wildfires as a growing global threat
The report says the rapid spread of wildfires poses substantial risks across various sectors and regions around the globe.
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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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