BUSINESS Archives - Page 4 of 17

Kenyan Shilling Holds Firm Against US Dollar Amid Stable Foreign Reserves

Eniola OladeleSeptember 17, 2024September 17, 2024

by Eniola OladeleSeptember 17, 2024September 17, 2024073

The Kenyan shilling has remained stable against the US dollar, providing much-needed confidence to businesses and consumers amid global currency fluctuations. As of mid-September 2024,...

Poultry Prices in Egypt Surge by Nearly 15% Since Early September

Eniola OladeleSeptember 17, 2024September 19, 2024

by Eniola OladeleSeptember 17, 2024September 19, 20240108

Poultry prices in Egypt have spiked by almost 15% since the beginning of September, putting pressure on consumers and raising concerns about food security in...

BUSINESS ECONOMY

African Businesses Embrace Digital Transformation to Drive Post-Pandemic Growth

Eniola OladeleSeptember 17, 2024September 19, 2024

by Eniola OladeleSeptember 17, 2024September 19, 2024072

As the global economy continues to stabilize following the disruptions caused by the COVID-19 pandemic, African businesses are increasingly turning to digital transformation as a...

Africa BUSINESS

Germany and Kenya Sign Landmark Labor Migration Agreement

Eniola OladeleSeptember 16, 2024

by Eniola OladeleSeptember 16, 2024081

Germany and Kenya have officially entered into a groundbreaking labor migration deal aimed at creating employment opportunities for Kenyan workers in Germany while addressing the...

Africa BUSINESS

Africa’s Economic Outlook 2024: Inflation, Growth, and Challenges on the Horizon

Eniola OladeleSeptember 16, 2024September 16, 2024

by Eniola OladeleSeptember 16, 2024September 16, 2024088

As Africa enters 2024, the continent’s economy is a mix of cautious optimism and lingering challenges. Many African nations are charting paths to recovery following...

Africa BUSINESS

Unlocking Africa’s Economic Potential: The Power of Regional Trade Agreements

Eniola OladeleSeptember 16, 2024September 16, 2024

by Eniola OladeleSeptember 16, 2024September 16, 2024057

Africa’s economic growth is closely tied to its ability to foster collaboration between nations. In recent years, regional trade agreements have emerged as powerful tools...

BUSINESS TECHNOLOGY

The Digital Revolution: How Technology is Transforming African Business

Eniola OladeleSeptember 16, 2024

by Eniola OladeleSeptember 16, 2024059

Africa is experiencing a digital transformation that is reshaping the way businesses operate and creating new opportunities across the continent. Technology is no longer just...

BUSINESS ECONOMY

Strike at Argentina’s Flagship Airline Disrupts Travel for 30,000 Passengers

Eniola OladeleSeptember 13, 2024September 14, 2024

by Eniola OladeleSeptember 13, 2024September 14, 2024099

A large-scale strike by workers at Aerolíneas Argentinas, Argentina’s national airline has caused major disruptions leaving 30,000 passengers stranded, The strike organized by airline staff...

Africa BUSINESS TECHNOLOGY

Global Markets Face Uncertainty Amid Inflation Worries and Tech Sector Slump

Eniola OladeleSeptember 13, 2024

by Eniola OladeleSeptember 13, 2024086

Global business markets are navigating turbulent waters as a combination of inflation concerns, a downturn in the tech sector, and rising geopolitical tensions shape the...

Africa BUSINESS Health

Tragedy at Food Lion: Worker Found Dead Inside North Carolina Store Freezer, Investigation Underway

Eniola OladeleSeptember 12, 2024

by Eniola OladeleSeptember 12, 20240103

In a tragic incident that has shocked the local community, a Food Lion employee was found dead inside a freezer at a store located in...

Africa BUSINESS

Chad Jenkins Calls on Entrepreneurs to Rethink Innovation and Leadership

Jide AdesinaSeptember 11, 2024September 11, 2024

by Jide AdesinaSeptember 11, 2024September 11, 2024059

Entrepreneur and business strategist Chad Jenkins is challenging entrepreneurs around the world to adopt a new mindset—one that moves beyond traditional strategies and embraces innovative,...

Africa BUSINESS STOCK MARKET

Stock Market Caution as Key Economic Data Approaches

Jide AdesinaSeptember 10, 2024

by Jide AdesinaSeptember 10, 20240119

Global stock markets are bracing for critical economic data to be released this week, especially in the U.S., where the labor market report is expected...

BUSINESS TECHNOLOGY Uncategorized

African Tech Startups Attract Record Investment Amid Global Slowdown

Jide AdesinaSeptember 9, 2024September 9, 2024

by Jide AdesinaSeptember 9, 2024September 9, 2024095

Despite a challenging global economic environment, African tech startups have continued to attract record levels of investment in 2024. In the first half of the...

BUSINESS STOCK MARKET The Afrika Market

Botswana Stock Exchange (BSE) Gains Amid Diamond Sector Recovery

Jide AdesinaSeptember 9, 2024

by Jide AdesinaSeptember 9, 2024088

The Botswana Stock Exchange (BSE) saw positive movement today, driven by a rebound in the diamond sector. Shares in Debswana, a joint venture between De...

BUSINESS The Afrika Market

Mixed Performances in African Stock Markets as Global Uncertainty Persists

Jide AdesinaSeptember 9, 2024

by Jide AdesinaSeptember 9, 2024086

African stock markets displayed mixed results as global economic uncertainty, fluctuating commodity prices, and regional political developments influenced trading activities. While some markets saw gains...

Africa BUSINESS Power

Ghana’s Parliament Approves $250M World Bank Loan for Energy Sector Recovery After Initial Rejection

Jide AdesinaSeptember 5, 2024

by Jide AdesinaSeptember 5, 2024089

Accra, Ghana – After initially rejecting the proposal in a surprise vote on July 30, the Parliament of Ghana has now approved a $250 million...

Africa BUSINESS ECONOMY

Dangote Refinery Unveils First Petrol Batch, Promises Market Availability Within 48 Hours

Jide AdesinaSeptember 3, 2024

by Jide AdesinaSeptember 3, 2024081

The Dangote Oil Refinery, with a capacity of 650,000 barrels per day (bpd), has unveiled its first petrol product to the Nigerian public. The presentation...

Africa Asia BUSINESS

Nigeria Poised to Expand Partnership with Indonesia.

Jide AdesinaSeptember 2, 2024

by Jide AdesinaSeptember 2, 2024092

Nigeria has expressed its readiness to strengthen relations with Indonesia. The Minister of Information and National Orientation, Mohammed Idris, said there is a lot of...

Africa BUSINESS

Meet Nigeria’s Top 10 Wealthiest Titans: The Business Moguls Shaping the Nation’s Economy.

Jide AdesinaAugust 30, 2024

by Jide AdesinaAugust 30, 20240104

Aliko Dangote Aliko Dangote, the wealthiest man in Africa, built his fortune through Dangote Group, a conglomerate with interests in cement, sugar, salt, and flour....

Africa BUSINESS TECHNOLOGY

“Starlink’s Multi-Million Dollar Investment: A Game Changer for Nigeria’s Growth”

Jide AdesinaAugust 28, 2024August 28, 2024

by Jide AdesinaAugust 28, 2024August 28, 2024068

Industry experts have praised Elon Musk’s Starlink for its substantial investment in Nigeria, highlighting the company’s dedication to enhancing telecommunications infrastructure across Africa. Reports indicate...

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