Ethiopia plans to begin exporting renewable energy to a broader range of neighboring nations by 2018 as part of a cross-border effort to meet regional energy...
South Africa is considering either partially privatizing state-owned utility Eskom or putting up some of its assets for sale in order to secure funding for the...
(PRNewswire) – BLACK ENTERPRISE will kick off the 20th annual Entrepreneurs Summit hosted by Nationwide on Wednesday, May 13 through Saturday, May 16, at the Hyatt...
It is not usual to associate Africa with the high-tech sphere of “space”. However, in recent years, many countries on the continent have woken up to...
The Jamaica Stock Exchange (JSE) launched its online trading platform late last week in a bid to attract greater interest from investors as well as the...
It is almost certain that highly acclaimed architect David Adjaye will be selected to design U.S. President Barack Obama’s presidential library. Adjaye, who was named the...
Over the past few months, Africa has become a hot spot for investors. Africa’s recent economic growth and its size in both land area and population...
Barbados has lifted the temporary ban on the importation of poultry products from some countries, but said restrictions remain in place for the United States and...
Serial entrepreneur and billionaire, Aliko Dangote has indicated that he still wants to buy English Premier League soccer team Arsenal even after he was rebuffed by...
Dangote Cement said it will begin production in Tanzania in August, as sub-Saharan Africa’s leading cement producer eyes new markets on the continent. A US$500 million...
The African Entrepreneurship Award has been launched in Namibia. The award is worth US$1 million and seeks to mentor African entrepreneurs. It is the brainchild of...
Rating agency Standard & Poor’s (S&P) has downgraded Bermuda’s ratings based on weak economic performance and weak public finances. S&P downgraded Bermuda’s long-term issuer credit and...
(The Financial) – Private equity (PE) exits in Africa reached an 8-year high in 2014, and strong activity should continue as more companies enter the period...
As streaming services continue to gain millions of listeners, and paying subscribers, there is only one thing standing in the way of total industry domination: The...
Serial entrepreneur Aliko Dangote plans to invest US$2.2-2.5 billion in two 550 kilometer (342 miles) undersea pipelines running from Nigeria’s Niger River delta to the commercial...
A new World Bank-Gallup poll has revealed that the countries of sub-Saharan Africa are the world’s leaders in sending, spending, and saving money via mobile phone....
Kenyan operator Safaricom has revealed that it has finalized the transfer of its mobile money M-Pesa platform servers to Kenya. According to the company, service outages...
(Reuters) – Nigeria’s Dangote Sugar Refinery said on Monday its full-year pretax profit fell 6 percent year-on-year to 15.27 billion naira (US$77 million). Turnover at the...
Kenya Airways, one of Africa’s leading airlines, is in the process of selling some older planes and land and is negotiating a bridging loan to help...
Inflation in Jamaica has hit its lowest point in 48 years at 4 percent, prompting the country’s central bank – the Bank of Jamaica to cut...
Jaki Kweka is that rare breed of gourmet chocolatier. She makes fine chocolate in Africa using local African ingredients. Other African companies such as Ghana’s Golden...
iROKOtv, an Africa-based online video-on-demand and movie platform, has partnered with pay TV platform StarTimes to launch two new linear TV channels in Africa. The new...
The Governor of the Bank of Barbados DeLisle Worrell has revealed that new challenges such as the Foreign Account Tax Compliance Act (FATCA) are affecting the...
A study undertaken by the Bank of Barbados is supporting arguments that devaluation of currencies will not improve price competitiveness in very small open economies like...
For many budding African American entrepreneurs there is a major detour on the road to building a successful business: access to capital. Though the percentage of...
Investment in African mega-projects was up 46 percent to US$326 billion in 2014, led by increases in investment in energy and power, according to Deloitte’s latest...
Axa SA, the largest external insurer active in Nigeria, sees the peaceful manner in which the country is handling its first transition in political power in...
Dangote Cement continues to record significant strides in its African expansion with the commissioning of new plants in Senegal and Cameroon which have commenced operation. The...
The Fair Trading Commission of Barbados (FTC) has given conditional approval for Cable and Wireless Communications (CWC) to acquire Columbus International. The FTC said that CWC...
Shares in music streamer Aspiro, which was bought earlier this year by hip-hop star Jay-Z, soared on Tuesday to as much as 11 times the price...
By Kenneth D. Miller In 2012, Nielsen conducted a study that concluded that African American purchasing power would reach US$1 Trillion by 2015. While African Americans...
Antigua & bARBUDA’s Prime Minister Gaston Browne says he will not support plans to establish a rival airline to the financially troubled Leeward Islands Air Transport...
Jamaica has saved up to US$26 million in energy costs since the 38.7 MW Wigton wind farm started operations in 2004, the government said early this...
Dangote Cement’s pretax profit fell 3.2 percent to 184.68 billion naira (US$928 million) last year due to a gas shortage to fire its plant and low...
East African businesses can now breath a sigh of relief after a key bill on eliminating regional non-tariff barriers sailed through its third reading Tuesday pending...
After 2 years of planning and development, Bitt – the Caribbean’s first bitcoin and digital exchange company, will be launched on March 30. This means that...
Nigerian businesses from small operations to the huge Dangote Group, run by Africa’s richest man, Aliko Dangote, are being battered by a weak naira and low...
Some of Africa’s top business schools have formed a partnership to accelerate entrepreneurship, job creation and economic development on the continent. The African Academic Association on...
At an African Leadership Academy event in Johannesburg last year, I asked a young Ghanaian entrepreneur, Winifred Selby, what motivated her to co-start Ghana Bamboo Bikes...
Across Africa, where many nations show high economic growth rates but with little benefit to their populations, the notion of social and economic “emergence” is taking...
Last September, “Shark Tank” investor Daymond John flew his mentee Moziah Bridges, the 13-year-old founder and CEO of bow tie company Mo’s Bows, to New York...
The slump in oil prices is expected to further buoy Tanzania’s economy in 2015 following a gross domestic product expansion of more than 7 percent in...
The Simpson-Miller administration in Jamaica announced Thursday immediate restrictions on imports of poultry and poultry by-products from various regions in the United States and Canada recently...
A new US$9 billion oil refinery producing 500,000 barrels per day being developed by serial entrepreneur Aliko Dangote, is expected to come onstream in Nigeria by...
The Antigua & Barbuda government says it will resist efforts to shift the base of the financially-strapped regional airline, Leeward Islands Air Transport (LIAT), to Barbados....
NBA legend, two-time Hall of Famer and entrepreneur Earvin “Magic” Johnson has lived by the premise of over-delivery, having successfully built a business empire as chairman...
Africa, once off the radar of many investors, continues to rise as a destination for private equity firms. Private Equity funds invested US$8.1 billion in African...
The Freudel Stuart administration in Barbados government says the economy is showing signs of growth and that the sacrifices made by nationals over the past months...
Mining company African Rainbow Minerals (ARM) is looking to cut costs given the tough economic conditions resulting from a slump in global prices. According to chairman...
Wider smartphone and Internet access has allowed technology firms to reach remote African farmers with apps providing veterinary diagnoses, crop planting guidance and virtual marketplaces. Human...
A minority-owned New Orleans bank has bought First Tuskegee Bank, which originated in 1894 as a building and loan association housed in a classroom at Tuskegee...
Jamaica is in talks with financial institutions on a plan to pay off debt it owes Venezuela for oil it received through the Petrocaribe energy program,...
The Dangote Group has revealed that the US$400 million cement plant in Masaiti district, in the Zambian Copperbelt will be commissioned by the end this month....
The Jamaica Investment Forum commenced Wednesday in the resort town of Montego Bay with an inaugural address by the island-nation’s Prime Minister, Portia Simpson-Miller. “The Jamaica...
(Bloomberg) – Investors skittish about Nigerian assets as plunging oil prices pummel the West African nation’s economy are casting their eyes across the continent to Kenya....
Do not be surprised if you come across news that says e-commerce is dramatically spreading its wings in Africa. There is no doubt digital commerce is...
In a surprise move, Swiss banking giant Credit Suisse announced Tuesday its longtime chief Brady Dougan will step down and pass the torch to the current...
By Matt Wade As rags to riches stories go, Dennis Makori’s is a doozy. He didn’t flick a light switch until he was 13 or touch...
By Mohammed Momoh Capital markets in Economic Community Of West African States (ECOWAS) region are working towards integration by the first quarter of 2016. The rationale...
Oprah Winfrey will close Harpo Studios in Chicago, where she filmed “The Oprah Winfrey Show” for more than 20 years, this December, and will transition production...
There are well over 100 runners in the race to succeed as Africa’s best and biggest online and mobile music platform. Even now there are new...
Kenya’s Central Bank Governor, Njuguna Ndung’u is stepping down after 8 years of running East Africa’s largest financial sector. His term expired on Monday. Ndung’u, a...
RLJ Entertainment, a studio and distributor run by BET founder Robert L. Johnson, has made some changes to its executive team, promoting Mark Ward to chief...
Emerging black television network Bounce TV has announced that is has inked a multi-year deal to televise live boxing events of the new Premier Boxing Champions (PBC)...
At a cost of US$4.8 billion, it is an audacious project undertaken by one of the fastest growing countries in Africa. At the construction site in...
“Countries in the Caribbean Community (CARICOM) are marginalized in the international community, with no voice or vote in international financial institutions, and are coerced into adopting...
Buni Media through its CEO and co-founder Marie Lora-Mungai and Tendeka Matatu -one of Africa’s most prolific film producers recently announced that have concluded the merger...
Mitzi Miller has announced that she will be stepping down as Editor-in-Chief of Ebony Magazine. She has served at this role since April last year. Miller,...
Uganda is offering 6 petroleum blocks in its first competitive licensing round for oil exploration in the Albertine Graben area, a region where oil has already...
The board of Trustees of the Tony Elumelu Foundation last week announced the appointment of Reid E. Whitlock as Chief Executive of the Foundation. The appointment is...
Young Ghanaian entrepreneur Nana Tamakloe could hardly have a simpler business plan. When people order clothes from his website, he buys the items from stalls and...
The Organization of Eastern Caribbean States (OECS) says it is working towards the establishment of a regime for the free circulation of goods (FCG) during 2015....
The phrase “Black Power” has taken on a new meaning. In the late 1960s and early 1970s, the Black Power Movement inspired racial pride and self-esteem...
Caribbean countries recorded modest economic growth in 2014 as the region recorded its fourth consecutive year of economic recovery following the global crisis that had seriously...
Kenyan stocks rallied to a record high in the longest winning streak in almost 10 months as investors who pulled money from Nigeria bought into East...
Remittances from Africans in the diaspora are now estimated at around US$60 billion annually and are said to have surpassed traditional western aid. While these help...
Technology company Uber will explore the possibility of integrating the M-Pesa mobile payment service into its smartphone app service. However, the Company cannot disclose when this...
The financially strapped regional airline, Leeward Islands Air Transport (LIAT), has announced plans for a voluntary separation package that could result in more than 150 employees...
By Ritesh Anand Over the last decade, private equity has significantly grown in sub-Saharan Africa from less than US$1 billion in 2009 to over US$4 billion...
Top African investors have announced the creation of the continent’s first news syndication service, the African News Agency with an initial investment of US$20 million. The...
Milhouse Engineering & Construction, Inc., has announced that it has acquired Chicago-based Zroka Engineering, P.C., a woman-owned structural engineering consulting and design firm. With the acquisition,...
The economy of Mozambique grew by an estimated 9.6 percent in 2014, higher than an earlier forecast of 7.7 percent, the government said on Wednesday. Inflation...
Ken Washington has been appointed the new head of research and advanced engineering of Ford Motor Corporation. Washington is one of the most prominent African Americans...
When U.S. first lady Michelle Obama and mega star Beyoncé Knowles attended high-profile events in clothes made by African designers, it was a sure sign that...
The civil rights drama “Selma” won top honors at the NAACP Image Awards in a ceremony that took sharp notice of snubs of African American artists...
Miami entrepreneur Felecia Hatcher and her husband husband, Derick Pearson, have organized Black Tech Week, a series of events that will highlight black entrepreneurs as well...
The most talented and ambitious entrepreneurs in West Africa are being urged to join a new hackathon program this month in Accra, Ghana, which hopes to...
The Nigerian naira slid to a record low on Monday after a 6-week delay to the February 14 presidential election and due to the impact of...
Gigawatt Global has committed to spending US$2 billion to generate 1,000 megawatts of solar power in Africa by 2020 after launching the largest photovoltaic field in...
Two entrepreneurs from Botswana’s technology center, the Botswana Innovation Hub (BIH) have developed a software solution for livestock farmers. Thuto Gaotingwe and Tebogo Dichabeng, working under...
Bounce TV roared into the new year as the nation’s first-ever and rapidly-expanding broadcast television network for African Americans delivered its most-watched month in network history...
The St. Lucia-based Organization of Eastern Caribbean States (OECS) Commission is calling for the removal of roaming charges attached to mobile calls between the 9-member sub-regional...
Pre-revenue testing of the Addis Ababa light rail transit was launched on Monday February 2. The ceremony, which inaugurated the system – the first of its...
Africa is projected to remain one of the fastest growing regions in the world – with an annual growth of about 5 percent due mainly to...
Serial entrepreneur and musician, Jay-Z is expanding in music streaming to take on Spotify Ltd. and Apple Inc.’s Beats. According to sources, Jay-Z’s holding company S....
Taofick Okoya the founder and creator of the Queens of Africa dolls brand was frustrated a few years ago, by the lack of variation for dolls...
A new ranking by the Intelligent Community Forum has positioned Nairobi as one of the Smart21 intelligent communities in the world for the year 2015. The...
Online retailer Jumia Kenya is giving its customers a chance to earn some money by simply referring people to the website. The offer does not have...
McDonald’s Corporation Chief Executive Officer Don Thompson is stepping down from the helm of the world’s largest restaurant chain on March 1. Thompson, the 51-year-old former...
Vodafone is partnering iROKOtv, an online movie platform, to introduce the first ever video on demand (VoD) service in Ghana, offering unlimited access to over 6,000...
A climate-controlled archive in Chicago holds 5 million images of what could be called the African American experience since 1942, including exceptional, intimate photographs of civil...
Plans by the Zimbabwe Stock Exchange to set up a secondary stock exchange for black-owned businesses is gathering pace with the bourse setting a US$250,000 minimum...
Jamaica-based food company, The GraceKennedy Group will now directly manage its own distribution in the Metro New York City, Atlanta and Florida markets through the newly...
African entrepreneurs and leaders including (Tony Elumelu, Aliko Dangote, Donald Kaberuka – the President of the African Development Bank and John Mahama – the President of...
Jamaica’s credit rating is forecasted to improve in 2015 as the country cements its credibility in the international investment community. According to the Managing Director of...
Nineteen-year-old Tom Osborn, is the founder and CEO of GreenChar – a social enterprise that provides affordable, high energy solutions that in turn protect the environment....
Bank of Jamaica Governor Brian Wynter on Wednesday disclosed that to date, depreciation in the foreign exchange rate has slowed significantly for the 2014/15 fiscal year,...
MTN, Africa’s largest wireless carrier, plans to cut a number of its 578-strong business-unit workforce as part of a reorganization designed to boost profitability from corporate...
The Zambian kwacha gained 1.4 percent on Wednesday, a sign of investor confidence following a tight but smooth presidential elections in the southern African economy, where...
Trinidad & Tobago has reiterated its position that the drop in oil prices on the global market is not a signal for a sudden change in...
(NNPA) – After three consecutive months of the U.S. economy adding more than jobs, the black unemployment rate could dip below 10 percent by mid-2015 if...
(Business Wire) – More locations have joined the growing movement led by African American business leaders to raise funds for students across the United States to...
Kenyan-based start-up accelerator Nailab, has unveiled the five startups selected for its fifth cohort, to participate in the 5-month program ending in June. Nailab works to...
The Nigeria Stock Exchange said its target to reach a US$1 trillion market capitalization by 2016 was scuppered by the world’s biggest equities decline this year....
(PRNewswire) – RLJ Equity Partners, LLC, an affiliate of The RLJ Companies, earlier this week announced its acquisition of Phase One Consulting Group, LLC, a premier...
Dangote Cement has received the first cargoes of raw materials for its new cement works at Douala, Cameroon. The delivery consists of clinker, gypsum and pozzolan,...
Barbados has announced a temporary ban on poultry from the Canadian province of British Columbia “with immediate effect” following the confirmation of outbreaks of Highly Pathogenic...
(Businesswire) – The U.S.-Africa Clean Energy Finance (ACEF) initiative has reached a key milestone in deploying millions of dollars for renewable energy in Africa. In December,...
Leeward Islands Air Transport (LIAT) has announced that the airline will be reducing its fuel surcharge on tickets. According to a statement by the company CEO...
By Jeffrey Cavanaugh Early last month Ethiopia marked a remarkable milestone in its history. Thirty years ago the country was in the grip of a deadly,...
Kenya’s leading wireless operator, Safaricom, has cut roaming charges for subscribers travelling to 21 countries across the world, giving them much needed relief from the usually...
Trinidad & Tobago will cut its US$10.2 billion budget for this year as the drop in oil prices hits the world’s sixth-biggest exporter of liquefied natural...
Thirty seven-year old Paul Orajiaka, is the founder of Auldon Limited, a manufacturer of African-themed toys. The company manufactures dolls and other toys which depict, promote...
(BlackPRWire) – Charles King, long-time partner at William Morris Endeavor (WME), has announced that he has formed a new media holding company MACRO. MACRO is a...
Nigerian billionare, Tony Elumelu has officially launched his US$100 million pan-African entrepreneurship initiative. The initiative known as the Tony Elumelu Foundation Entrepreneurship Program (TEEP) went live...
Nigerian President Goodluck Jonathan has said that the West African nation will keep its currency strong and its economy stable in 2015 as it seeks to...
From the coffee plantations of Uganda to the maize (corn) fields of Zambia, the collapse in world oil prices has so far brought few benefits for...
At the Mid-Atlantic Jazz Festival in February, one couldn’t help but notice the striking new grand piano on the main stage, emblazoned with the name...
By Kizito Sikuka Africa’s long-standing vision is an integrated, prosperous and united continent. This vision will come closer to reality this December when the largest integrated...
Ava DuVernay, has been nominated for a best director Golden Globe. DuVernay, 42, who directed the Martin Luther King Jr. biopic Selma, is the first black...
The most useful tech innovations are coming from Kenya’s young entrepreneurs, according to Bob Collymore, chief executive officer (CEO) of Kenya’s dominant mobile operator Safaricom. According...
Carver Bancorp, the nation’s largest bank founded and run by African Americans has announced that CEO Deborah Wright, who has run the bank since 1999, is...
Kenya’s delayed Lake Turkana Wind Power project is expected to start generating power by 2017 after the African Development Bank backed financing to build a transmission...
(PRNewswore) – Black Enterprise (BE) President and CEO Earl “Butch” Graves Jr. and Film Life Inc. Founder and CEO Jeff Friday last week announced a new...
Nigerian billionaire investor and philanthropist Tony Elumelu, early this month committed US$100 million to create 10,000 entrepreneurs across Africa over the next 10 years. Elumelu made...
Barbados is the least corrupt country in the Caribbean and among the top 20 cleanest countries in the world, according to Transparency International’s Corruption Perceptions Index...
Nigerian billionaire, Aliko Dangote has been named as Forbes Person of the Year 2014. With businesses spanning across the African continent Dangote has made a positive...
When Chioma Achebe wanted to buy shares on the Nigerian Stock Exchange, she did not want to open an account with a local broker because the...
(Business Wire) – Hero Ventures, a Los Angeles-based entertainment company, announced today that Los Angeles Lakers legend and NBA 2-Time Hall of Famer Earvin “Magic” Johnson...
Telecommunications ministers from the Organization of Eastern Caribbean States (OECS) are due to meet in St. Lucia, Thursday, to discuss ramifications of the planned merger of...
The current chairman of the share holder member states of the financially troubled regional airline (Leeward Islands Air Transport) LIAT, Prime Minister Ralph Gonsalves has indicated...
While in Cape Town, South Afica last year, U.S. President Barack Obama announced that a US$7 billion plan to “Power Africa” would double electricity output on...
Citizens of the member states of the Organization of Eastern Caribbean States (OECS) are no longer required to obtain work permits to be employed in Antigua...
THN: From your standpoint, what should be done to enhance or increase the sheer volume of business between the U.S. and Africa? VS: First, this has...
THN: Thank you for taking the time to discuss the ideal trade and investment partnership between the U.S. and Africa. So, what would Stephen Hayes call...
Editor’s Note: One of the best things about Katrin is how much heart she has. Not only does she care deeply about the things she does;...
By Dennis Matanda You could say that Vicky McPherson and I are friends. We finally met in Addis Ababa many AGOA-Civil-Society-conference-calls later. She is so much...
The impact of the Ebola epidemic on Africa’s economy is predicted to be much less that previously expected. According to the World Bank’s chief economist for...
Herman J. Russell, an entrepreneur and philanthropist and also the founder and chairman of H. J. Russell & Company, has died after a brief illness. He...
Aliko Dangote has donated US$3 million to a fund established by the African Union, to contain the Ebola virus in West Africa. Dangote had previously contributed...
U.S. President Barack Obama voiced support on Monday for “free and open Internet” rules to protect against putting online services that do not pay extra fees...
RLJ Entertainment – a subsiduary company of the The RLJ Companies, on November 5 announced the launch of UMC (Urban Movie Channel), a subscription streaming video...
Haiti’s government announced it was postponing long-delayed legislative and municipal elections that had been due to be held Sunday. The move triggered protests by thousands of...
The IMF’s latest World Economic Outlook makes sobering reading for most of the world – that the world economy may never return to the pace of...
Senegal announced Tuesday a significant discovery of oil, with at least 250 million barrels in place. Oil explorer Cairn Energy and its joint venture partners indicated...
Aliko Dangote Aliko Dangote, has announced new plans to invest an undisclosed sum in the development of a major coal mine in Tanzania, even as he...
Comer Cottrell Jr., Screengrab/Fox4 Comer Cottrell Jr., the entrepreneur who founded Pro-Line Corporation hair care products in 1970, died late last week on Friday at age...
Alain Nteff Cameroonian entrepreneur, Alain Nteff has been named the winner of the 2014 US$25,000 grand prize Anzisha Prize Award. Nteff is the founder Gifted Mom...
Aliko Dangote, Founder and Chairman of the Dangote Group The Dangote Group and the Investment Corporation of Dubai (ICD) are exploring further investment opportunities, according to...
Terrance Amen, founder of 3ufirst.com and author of Black Unity: The Total Solution to Financial Independence and Happiness, says we can bring billions of dollars to...
Jamaica’s justice minister, Mark Golding, said Tuesday that legislation has been drafted to decriminalize marijuana on the island-nation where the drug has been pervasive but prohibited...
Antigua & Barbuda Prime Minister Gaston Browne has held talks with senior United States officials in a move aimed at ending their long standing Internet gaming...
Kenya’s gross domestic product was estimated to be 25 percent bigger after the authorities changed the base calculation year to 2009 from 2001, sending the east...
Jason Njoku, founder and CEO, iROKO Partners The Internet will be a key driver for the Nigerian economy – Africa’s largest economy, where the number of...
Haiti’s Finance and Economy minister, Marie Carmelle Jean-Marie, has announced the creation of a new investment fund, that will replace the Haiti Reconstruction Fund (HRF), set...
Transaction capacity on Safaricom Kenya’s mobile money platform, M-Pesa, is expected to double in early 2015, says the company’s CEO Bob Collymore. According to Collymore, the...
The Persad-Bissessar administration in Trinidad and Tobago has revealed that it will provide an estimated US$288 million into the financially troubled Caribbean Airlines during the period...
African American focused online shopping mall PurchaseBlack.com is the 2014 Innovation Whiteboard Challenge champion. PurchaseBlack.com competed against 9 other national semi-finalists in a preliminary round, where...
(BlackPRWire) – ASPiRE, the television network that celebrates the groundbreaking achievements of African Americans, announced last week, a partnership with the White House Initiative on Historically...
Zimbabwean farmers may produce its first grain surplus since 2000, the year President Robert Mugabe’s administration began backing a the land redistribution program of acquiring white-owned...
Aliko Dangote, Founder and Chairman of the Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town June...
The Barbados-based Caribbean Export Development Agency has committed to provide financial support towards the launch of “Start Up Jamaica”, an initiative through which tech companies can...
‘DRIVEN Global’, the First African American Owned Golf & Beverage Company Is Poised to Inspire Millions; The Ownership Duo Was Introduced by Visionary Billionaire Robert Johnson...
The Antigua & Barbuda-based regional airline, LIAT (Leeward Islands Air Transport), Tuesday announced the launch of its inaugural service to Haiti as part of a major...
Aliko Dangote – Founder and Chairman of the Dangote Group Sovereign fund Investment Corp of Dubai (ICD) has bought a 1.4 percent stake in Dangote Cement,...
Nigerian Economy 2014. IMAGE/Charles Robertson/Renaissance Capital Nigeria’s economy grew 6.54 percent in the second quarter, up from 5.40 percent in the same period of last year,...
Dominica is on the verge of becoming a cryptocurrency community and other Caribbean countries, like Antigua & Barbuda may want to get in on the action....
By Kent McDill African American affluent investors have a passionate interest in social media, and use it for a variety of purposes, including keeping an eye...
The estimate of Uganda’s petroleum resource base has almost doubled with the discovery of an additional 3 billion barrels in the Albertine region of the country,...
The Bahamas has regained control of the Bahamas Telecommunications Company (BTC) with the country’s Prime Minister Perry Christie indicating that the agreement with the British telecommunications...
Aliko Dangote – Founder and Chairman of the Dangote Group Construction work at the Dangote cement plant in Mtwara in southeastern Tanzania, which will produce 3...
Bank of Jamaica Governor, Brian Wynter. PHOTO/Jamaica Gleaner The Governor of the Bank of Jamaica, Brian Wynter, has praised the Simpson-Miller administration’s economic reform program (ERP)...
Environmental Damage caused by oil spill. PHOTO/File Royal Dutch Shell has sold some of 4 oil fields up for grabs in Nigeria, it said on Wednesday,...
Cash-rich Kenyan banks are increasingly looking at entering new markets outside East Africa and compete with Nigerian and South African lenders for control of the continent’s...
Karen Lawrence – CEO and Founder, It’s My Affair, LLC As the “great economic recession” recedes, women business owners in the United States are emerging victorious...
Africapitalist proponent, Tony Elumelu has pledged N100 million ($617,000), through his foundation, to help battle the Ebola outbreak in West Africa. He will be joining a...
Kenya is closing its borders to travellers from Guinea, Liberia and Sierra Leone, the 3 countries worst hit by the Ebola outbreak, the government said Saturday....
Over the past few years, financial institutions have been preparing for the new reporting requirements for United States clients which form part of the Foreign Account...
Kenyans transacted US$13 billion on mobile money in the first 6 months of this year as new players joined the sector according to the latest Central...
The Governor of the Bank of Barbados, DeLisle Worrell has revealed that authorities are applying the appropriate remedies to deal with the economic problems facing the...
A new development bank launched by emerging economies will help all nations in distress to return to health, South African President Jacob Zuma said earlier this...
Aliko Dangote, CEO and Founder of The Dangote Group speaks during the final session of the World Economic Forum on Africa meeting, June 6, 2008. PHOTO/Mike...
Robert L. Johnson, Founder and Chairman of The RLJ Companies Robert L. Johnson, founder and chairman of The RLJ Companies and founder of Black Entertainment Television...
China trade with Africa projected to grow. SOURCE/Standard Chartered Research When the east African nation of Uganda sought bids last month for an US$8 billion contract...
Carmelo Anthony. PHOTO/File New York Knicks All-Star Carmelo Anthony has formed a fund to invest in technology startups. Anthony, who wears jersey No. 7, founded M7...
Breanna Collins – one of 14 girls who built a video game at the Black Girls Code session in the fall of 2011. PHOTO/Black Girls Code...
South Africa’s NUMSA manufacturing union will continue a 3-week work stoppage after its regional branches accepted a wage offer from employers but rejected conditions relating to...
With Barbados’ foreign reserves standing below the 2013 level, International credit rating agency, Moody’s has warned that strain could be put on the Barbadian dollar. “Any...
(PRNewswire) Rwanda is preparing to commission in early August 2014 the first utility-scale solar PV power plant in East Africa with a production capacity of 8.5...
South Africa’s biggest employers’ group in the metals and engineering industries agreed to offer a 10 percent pay increase to low-level earners over three years to...