Business

Top 20 Richest People in Africa 2020: Their Age, Business and Net Worth

According to this year’s Forbes ranking, Aliko Dangote of Nigeria is Africa’s richest person (for the 9th year in a row). His networth is estimated at $10.1 billion. The second richest in Africa is Egyptian billionaire Nassef Sawiris. He runs...

Isabel Dos Santos: How Africa’s Richest Woman Stole from her Country to Build an Empire

Luanda Leaks, a new investigation by the International Consortium of Investigative Journalists and 36 media partners, exposes two decades of unscrupulous deals that made dos Santos Africa's wealthiest woman and left oil- and diamond-rich Angola one of the poorest...

World Bank Report: Kenya Leads in Mobile Money Transactions in Sub-Saharan Africa

A new report by World Bank has ranked Kenya as the highest user of Mobile Money Transactions in Sub-Saharan Africa. Image source The World Bank report also indicated that two-thirds of adults worldwide without an account cite lack of money as...

Is Nigeria A Truly Wealthy Nation? See What Economic Facts Say

In 2003, Dangote set out to build his first cement plant with a budget of about $480 million. On completion of the project in 2007, he had borrowed an extra $175 million, built a dam, a gas pipeline (92km...

World Richest Black Man Aliko Dangote Ends 2019 $4.3 Billion Richer

Nigerian business mogul Aliko Dangote consolidated his place as the richest black man in the world, according to Bloomberg, after finishing 2019 with $4.3 billion more in wealth. In the last decade overall, Dangote made almost $15 billion, according to...

Nigeria, Sierra Leone Plan Currency Swap

The Chairman, Economic Community of West African States (ECOWAS) Committee of Governors of Central Banks, Prof. Kelfala Kallon, has disclosed a plan for currency swap between Nigeria and Sierra Leone. Kallon, who is presently the Governor, Bank of Sierra Leone,...

Top 10 African Countries With the Highest Percentage of Women Entrepreneurs

According to the latest global ranking conducted by the Mastercard Index of Women Entrepreneurs (MIWE), the highest number of women entrepreneurs globally are found in Uganda. The Mastercard Index of Women Entrepreneurs (MIWE) is an annual ranking that highlights the...

Nigeria Unseats South Africa As The Most Valuable Brand In Africa (2019)

Brand Finance, the world’s leading independent brand valuation consultancy, has named Nigeria the most valuable nation brands in Africa. Last year, South Africa was the world’s 49th most valuable national brand, while Nigeria was the 50th. This year, Nigeria leaps...

These are the Best Countries to Move to if you Want to Work in Africa

Morocco should be in your workers' radars if you ever decide to relocate to Africa. The coastal country in North-western Africa was named the best country for expats to work in Africa, according to the Expat Insider 2019 Survey. To compile...

Nigerian Entrepreneur Temie Giwa-Tubosun Wins Jack Ma’s African business Hero Award

A Nigerian entrepreneur has taken home the top prize at the Jack Ma Foundation's first annual prize for African businesses. Temie Giwa-Tubosun walked away with the top $250,000 cash prize from the $1 million available from the Africa Netpreneur Prize...

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...