by Yinka Ibukun Loni Prinsloo Emirates Telecommunications Group Co is suing Nigeria competitor MTN Group Ltd. over plans by Africa’s biggest wireless company to buy local Internet provider Visafone Communications Ltd. The lawsuit centers on MTN’s potential use of Visafone’s 800 megahertz of spectrum, Abu Dhabi-based Etisalat’s Nigeria unit said in an e-mailed statement on […]
Feb 14 2016 | Posted in
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There are no computers, TVs or smartphones in many schools in rural Ghana. In the classroom, teachers talk while students listen. There’s very little engagement and virtually no interaction, because many teachers themselves were not formally trained. The private, nonprofit Varkey Foundation — together with co-donor Dubai Cares and the Ghanaian Ministry of Education — […]
Feb 14 2016 | Posted in
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French insurance giant AXA announced today it is investing €75-million to take a 8% stake in Africa Internet Group (AIG), one of the continent’s largest e-commerce operations. Jumia is AIG’s main subsidiary and operates in 11 African markets. Transactions grew 265% during the first nine months of 2015 to reach €206-million, AIG said. AXA will […]
Feb 14 2016 | Posted in
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by Anna Hirtenstein More than a quarter of the African nations south of the Sahara Desert have presidential elections this year, and renewable energy developers could stand to benefit. The region has the world’s biggest concentration of people — more than 620 million according to the International Energy Agency– living without reliable electricity supplies. From […]
Feb 14 2016 | Posted in
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By: Dr. Peter Ikre The August edition marked the commencement of a series of articles on financial planning tailored toward furthering the empowerment and emancipation of immigrant communities particularly those of African origin from the menace of financial subjugation. In case you missed the previous publication, I highlighted the need for individuals and families to […]
Sep 16 2015 | Posted in
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Dangote Cement has applied for a licence to build a 75 megawatt coal-fired plant in Tanzania that would power a $500 million cement factory now under construction, Tanzania’s energy watchdog said. Sub-Saharan Africa’s leading cement producer plans to roll out plants across Africa to reach an annual capacity of 62 million tonnes by 2017, up […]
Nov 16 2014 | Posted in
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NIGERIA is taking Coca-Cola to court for allegedly refusing to comply with orders from the Consumer Protection Council over two half-empty cans of Sprite. ATTORNEY General Mohammed Bello Adoke filed suit at the Federal High Court in Abuja on Monday against Coca-Cola Nigeria and its chief executive for criminal breach of the Consumer Protection Act. […]
Nov 16 2014 | Posted in
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By Eromosele Abiodun In a bid to give African graduates and undergraduates the exposure that will prepare them for better job opportunities in developed countries of Europe, Asia and the Americas, Bank of America Merrill Lynch has embarked on a search for undergraduates in Nigeria and Ghana. Tagged: “Global Growth – Developing Talent in Africa”, […]
May 17 2013 | Posted in
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By Naomi Conrad Is a new mindset and political awareness emerging among Africa’s youth? Or is the growth and glitter giving a false impression. Internet-savvy, smart phone-wielding entrepreneurs and activists look for answers. In a converted hall in Berlin’s Kreuzberg district that once housed a transformer substation, Ghana’s Minister for Youth and Sport, Elvis Afriyie-Ankrah […]
May 17 2013 | Posted in
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By Nathaniel Daygbor Former South African President Thabo Mbeki says Africa is losing billions each year to illicit capital outflows in development. Addressing members of the 53rd Liberian Legislature in a joint session Tuesday in Monrovia, he said that the rate at which Africa loses development money through illegal means is alarming. “We are losing […]
May 17 2013 | Posted in
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