Business

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.

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...

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.

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,...

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...

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,...

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...

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 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 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...