Business

Forbes: These Are the Richest People In Nigeria, 2021

According to this year's Forbes Richest Billionaires Ranking, Aliko Dangote is Nigeria's richest man. His networth is estimated at $12.1 billion.

Nigeria’s Ngozi Okonjo-Iweala Becomes First Female Head of World Trade Organization

Nigeria's Ngozi Okonjo-Iweala has been appointed to head the World Trade Organization as it seeks to to resolve disagreements over how it decides cases involving billions in sales and thousands of jobs.

Billionaires in Africa: These are the Youngest Billionaires in Africa (Forbes, 2021)

According to Forbes' 2021 World Billionaires rankings, Tanzania's Mohammed Dewji is the Youngest Billionaire in Africa. The youngest billionaire in Africa comes in at just 45 years old, with the seventh youngest being 58 years old. "Africa's youngest billionaire title is...

Sub-Saharan Africa Named Riskiest Investment Region Due to Violence and Abuses by Security Forces

Militant violence and abuses by security forces have made sub-Saharan Africa the riskiest region in the world for business and investors, a new report says.

Misery Index: South Africa Has The Third Most ‘Miserable Economy’ In The World

South Africa has been ranked as the world's most miserable economy after Venezuela and Argentina. Bloomberg's Misery Index, which ranks major economies by inflation and unemployment expectations, has ranked South Africa as the third most miserable economy in the world. Venezuela,...

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...
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Ethiopia’s Meskel Festival in Pictures

The Meskel festival is the first big festival of the Ethiopian religious year and marks the finding of the cross that Jesus was crucified on, according to Orthodox Christian tradition.
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