Top 7 Countries with the Weakest Currencies in Africa in 2021
Money, otherwise known as currencies, is the lifeblood of any nation. Its strength is a quick mirror of where a nation stands in terms of...
Category : Commerce
Morocco Farmers Mourn Loss of Date Palms in Border Standoff
Moroccan farmers protest after Algerian authorities expelled the date growers from a border area. (AFP) The oasis, a three-hour drive to the nearest towns of...
Goldman Sachs adds $500M to Fund for Minority-owned Businesses
Goldman Sachs is pledging an additional $500 million to fund minority-owned businesses through its initiative Launch with GS, the investment bank announced Thursday. The investment builds...
Nigeria’s Inflation at a Four-year Peak
Amid tepid growth, rising inflation and unemployment, the economy sits in a precarious position that requires urgent and strategic efforts day, the National Bureau of...
Nigeria’s Economy Drop as Value of Naira Depreciate to 70% to US$
The initial response by global oil producers to cut crude oil production heightened the problem, as the lack of storage facilities for the excess crude...
Nigeria’s Ikeja City Mall Sold to South African Property Companies
Ikeja City Mall in Lagos has been sold for an undisclosed amount to two South African property funds, Hyprop Investments Limited and Attacq Limited....
Moroccan Consumers Call to Boycott Cooking Oil Price Hikes
Moroccans online are calling for the renewal of the boycott campaign against all cooking companies to protest against the recent rise in the price of...
Marketing Tips For Early-Stage Startups
Every business needs a way to tell its customers about its products and services. Those marketing channels differ from one business to another and can...
Sale of Sadiola mine in Mali hits IAMGOLD’s Year-End Reserves and Resources
IAMGOLD (TSX: IMG) (NYSE: IAG) today announced its 2020 year-end Mineral Reserve and Resource statement. The company said that its total attributable Proven and Probable...
Arab Whale Khurram Shroff to Highlight Crypto and Blockchains’ potential to redefine African Finance Ecosystem at Africa Digital Finance Summit
FMary Njoki, organizer, Africa Digital Finance Summit seen here with Khurram Shroff, Chairman IBC GroupImage Credit: Supplied Africa Digital Finance Summit’s inaugural event themed “Decentralized...
MMG Gold Risks Termination of Contracts With Govt for Failure to Live Up to Concession Agreement
President George Manneh Weah has warned concession companies operating in the country to live up to their social development mandate or risk replacement. President Weah...
I’m Ready to Tackle WTO’s Challenges – Ngozi Okonjo-Iweala
African Union Commission (AUC) chairperson Moussa Faki Mahamat congratulated Ngozi Okonjo after the confirmation. • Ngozi Okonjo is now responsible for supervising and directing the...
Nigeria Senate tells Buhari to Issue Executive order Against The Criminal Herdsmen
The Senate has finally reacted to the menace of criminal herdsmen, with the upper legislative chamber mandating President Muhammadu Buhari to issue an executive order....
African banks may wait until 2024 to return to pre-crisis revenues – IFC
Sérgio Pimenta is the Vice President for the Middle East and Africa at the International Finance Corporation (IFC). He praises the resilience of Africa’s financial...
farmers struggle; Jamaica is Running Low on Ganja.
Jamaica is running low on ganja. Farmer Breezy shows off the distinctive leaves of a marijuana plant during a tour of his plantation in Jamaica’s...
Only 3 African Countries Have Committed To Pay For The COVAX Vaccine Facility – Report
According to the Economist Intelligence Unit (EIU), only 3 countries out of Africa’s 54 counties have made a commitment to pay for the COVAX Vaccination...
Samantha Power to Head USAID in Boost to Africa Projects
US President-elect Joe Biden is to appoint experienced ambassador Samantha Power as head of development agency USAID in a potential boost to its capabilities in...
The United States is a Committed Partner to the Congo DR
Nearly two years after the Democratic Republic of the Congo (DRC) saw a peaceful transfer of power to President Félix Tshisekedi following a nevertheless flawed...
Regina A. Harrison Named New CEO of African American Commerce of Pennsylvania, New Jeersy And Delware
The African American Chamber of Commerce (AACC) is welcoming new leadership to their team. In December 2020, the organization announced the appointment of Regina A. Hairston as the new...
A single market will enable Africa to transform into a supplier of manufactured goods
The African Continental Free Trade Area (ACFTA) is a potential game changer for the world’s poorest region. The pact — signed by 44 of the...