Business

Valentina Mintah: For the First Time in 100 Years, A Ghanaian Has Been Elected into the ICC Board

The International Chamber of Commerce (ICC), has for the first time in its hundred years of existence, elected a Ghanaian, Valentina Mintah, as a member of its Executive Board. The seven-member executive board was announced at the 2020 meeting of...

Nigeria Faces Worst Recession In 40 Years – World Bank

The collapse in crude oil prices, coupled with the COVID-19 pandemic, is expected to “plunge the Nigerian economy into a severe recession, the worst since the 1980s”, the World Bank said on Thursday. The World Bank, in a new report,...

Brand Africa 100: MTN, Dangote Ranked Most Admired Brands in Africa, 2020

Nigeria's giant mobile operator, Glo, and South Africa's MTN has retained their ranking as Africa’s most admired brands. This year's list of Africa's most admired brands is dominated by South African and Nigerian companies with MTN and DANGOTE occupying the...

Top 20 Fastest Growing Economies in Africa, 2020

Rwanda is Africa's fastest-growing economy, according to the 2020 African Economic Outlook report. Rwanda is closely followed by, Ethiopia (7.4 per cent), Côte d'Ivoire (7.4 per cent), Ghana (7.1 per cent) and Benin 6.7 per cent. East Africa maintained its lead...

South Africa Now Ranks 3rd in the World for Economic Crimes – PwC

South Africa is third in the world when it comes to economic crime, according to PwC’s 2020 Global and Economic Crime and Fraud Survey.At the launch of the survey in Johannesburg, the PwC forensic team and a panel which...

Nigeria Has 724 Billionaires, Ranked Second in Africa – Report

Nigeria has been ranked second in Knight Frank’s Wealth Report 2020 list of African countries with the highest numbers of ultra-rich individuals. Nigeria, according to the report has 724 ultra-high net worth individuals, worth over US$30 million each (N10.96 billion) According...

Nigeria Overtakes South africa as the Biggest Economy in Africa

The giant of Africa, 'Nigeria' has overtaken South Africa as the biggest economy in Africa as the latter slid into its second recession in two years, Bloomberg reports. South Africa’s economy slumped into a second recession in consecutive years, contracting...

Top 15 Best Countries To Invest In Africa 2020

Egypt is the best country to invest in Africa according to RMB’s 2020 Where to Invest in Africa report, the big size of the market and a sophisticated business sector relative to other countries made it the most attractive...

Nigeria’s Nosa Ehimwenman is the First Black Man to Head an Airport Project in Chicago

Nigerian-Born Nosa Ehimwenman, the founder of Bowa, one of the Fastest-growing construction companies in Chicago is the first African-American prime contractor to head an airport project in Chicago's history. Nosa Ehimwenman was selected as the primary contractor to construct a...

Ghana’s Cedi Ranked World’s Best Performing currency Against the U.S. Dollar

Ghana’s cedi has emerged as the world’s best-performing currency against the U.S. dollar so far this year, according to a Bloomberg report. The Bloomberg report says the currency extended its advance on Monday ahead of a $3 billion Eurobond sale...

Latest News

The Mbuti People Of Congo And Their Sister Exchange Form Of Marriage

In the Mbuti tribe, marriage is by sister exchange: Based on reciprocal exchange, men from other bands exchange sisters...

Slavery Abolition Act 1833: Slavery Was Abolished Throughout The British Empire On This Day

The Slavery Abolition Act of 1833 that abolished slavery in most British colonies, freeing more than 800,000 enslaved Africans in the Caribbean and South Africa and making the purchase or ownership of slaves illegal

According To Reputation Poll International (PI), These Are The 100 Most Reputable Africans In 2020

Reputation Poll International, a leading global reputation-management firm, has released the 2020 list of 100 Most Reputable Africans. The list features 47 women and 53...

Ndubisi Egbo — The Nigerian Coach Who Overcame Racism To Guide His Team To UEFA Champions League

The first African coach to take a team to the European Champions League, Ndubisi Egbo of Albanian side KF Tirana, has spoken of the...

Nigerian Born Author, Irenosen Okojie, Wins The Caine Prize For ‘Stunning’ Short Story

A Nigerian Born Author, Irenosen Okojie has won the AKO Caine prize for 'Stunning' short story Grace Jones. The Nigerian-British writer won the £10,000 award...