Egyptian billionaire Samih Sawiris is taking between 25 percent to 35 percent stake in FTI, Germany’s fourth-biggest tour operator, the two parties said on Monday. In...
Tax Administration Jamaica (TAJ) has announced that the mandatory e-filing of certain tax returns came into effect on March 1, 2014. The new e-filing requirement comes...
The U.S. Commerce Department’s Minority Business Development Agency (MBDA) and International Trade Administration (ITA) recently co-hosted a CEO Fireside Chat in recognition of the significant contributions...
Ethiopia and Uganda have overtaken Kenya as key investment destinations for global hotel chains scouting for opportunities in the region. The two nations feature on the...
Thousands of people moving through the South-Sudan-Uganda border post now have access to a MTN customer service center in the area. On Friday, mobile operator MTN...
Nigeria has named a relatively unknown banker to head its central bank after the outspoken former governor was suspended, triggering shockwaves in Africa’s second-largest economy. Godwin...
The Turkish Kitchenware sector is working to increase its trade investment inflow in Ghana through partnerships with Ghanaian industrialists within the next five years. Currently, Turkish...
Pay-as-you-go solar power and solar-powered computers for students are a few of the off-grid power systems taking off in parts of Africa where resident have no...
After years of in-fighting Kenya finally exported the first batch of titanium in February. This signaled the changing fate of a country, which until recently, had...
Botswana’s citizens are increasingly choosing electronic transfers over cheques to make payments, according to the country’s central bank governor. Mohohlo advised that although banknotes and coins...
Many of the continent’s largest retailers are dialing back their expansion plans and looking to make smaller advances closer to home. In a year that saw...
Industrial engineer Ancel Bhagwandeen thinks that growing your food indoors is a great way to protect crops from the stresses of climate change. So he developed...
Barbados International Business Minister, Donville Inniss recently announced that the Freundel Stuart administration and the United States have agreed to start negotiations with respect to an...
Most Kenyan banks are failing to engage with customers online. This is according to a survey conducted by the Kenya Bankers Association (KBA), which has revealed...
Food delivery application ‘Hellofood’, which has a presence in nine African countries, has become available for users of Nokia Asha, Lumia and the X family of...
When Dean, the first storm of the 2007 Atlantic hurricane season, lashed Dominica on Aug. 16, it left behind a trail of destruction, claimed the lives...
Akon at the 2010 World Festival of Black Arts and Cultures press conference held at the Grand Hyatt on September 24, 2010 in New York City....
Senegal secured pledges worth about $7.8 billion at a donor conference that began in Paris on Monday to help kick-start a development plan aimed at doubling...
Uganda Telecom has announced that it plans to ‘relaunch’ its voice short message service (SMS) for both feature phones and smartphones in the country. The new...
The Kenyan government is in the process of developing an online procurement system to fight tender corruption. The system dubbed ‘Procure to Pay (P2P)’ is scheduled...
Ericsson chief executive officer, Hans Vestberg, says that if the average price of smartphones came down by $10 some 100 million more people could have access...
Aliko Dangote. PHOTO/File (Bloomberg) – Billionaire Aliko Dangote, Africa’s richest man, helped fuel a record surge in syndicated loans by Nigerian borrowers last year with a...
Research and Markets Africa B2C E-Commerce Report – 2013 indicates that growing Internet penetration, the spread of mobile technology and improvement of payment and delivery infrastructure...
The Japanese government is investing just under US$107,000 (J$11 million) to resuscitate the local West Indian Sea Island Cotton industry, for which there is an annual...
Kenya Power said it planned to spend 86 billion shillings in the next three years to upgrade its electricity distribution network in order to keep up...
Gabon’s government has told French oil major Total’s local subsidiary to pay $805 million in back taxes from 2008 to 2010, in a case watched closely...
Gaborone’s first gem sales will bolster the negotiating power of African governments in the natural resource sector. In a significant early victory in the battle for...
Kenyan book publisher Longhorn reported a 78 percent increase in its pretax profit for the six months ended in December. The growth was driven by the...
Immediate Past Nigeria Central Bank Governor, Lamido Sanusi. PHOTO/File Nigeria’s President Goodluck Jonathan on Thursday suspended the Central Bank governor in a surprise move that halted...
The world’s top mobile infrastructure supplier, Ericsson, is betting that the fast-growing African mobile broadband market will remain dominated by 3G services over the next years...
The axiom reads “Cleanliness is next to godliness.” So I suppose there’s no reason to be surprised that African Americans — a community known for its...
Global investors are not taking notice of Kenyan start-ups as 60% of new tech businesses in the East African country are ‘bootstrapped’, according to a GSMA...
The contribution of the Caribbean Diaspora to the regional tourism industry will be among matters discussed when the Caribbean Week begins in New York in June....
Zimbabwe plans to sell diamonds from its eastern Marange fields in Dubai and Shanghai starting in March as it expands a marketing push for the stones...
Kenya is setting up three special economic zones that will offer tax breaks to lure global textile firms and help it seize a share of the...
A new slate of leaders in the public and private sectors are seeking to prove their independence, improve credibility and attract investment. Rwanda’s great and good...
Old Harbor town on Jamaica’s southern coast seems an unlikely contender in an emerging regional competition over the shipping routes that carry global trade. But as...
Robert Lamptey, CEO and co-founder of Saya Mobile Ghana-based chat application Saya has gained a huge following among mobile phone users across the globe. Founded in...
Nigeria has become the twentieth country in Africa to adopt SWIFT for its domestic payments as well as its international payments infrastructure, according to a press...
Pan African broadband provider Liquid Telecom plans to launch a satellite service targeting business owners across the continent. In a conversation with ITWeb Africa, Ben Roberts,...
At the recently concluded Mobile East Africa 2014 event, experts stated that poor marketing strategies are holding back African start-ups from experiencing further growth. With over...
Loans to the private sector have picked up as Rwanda emerges from the effects of delayed aid disbursement, but the country is still too dependent on...
New oil legislation will give Angola’s currency and banks a boost, but for some, non-performing loans are spreading at an alarming rate. Banks in Angola are...
Amid the shortage of diesel or fuel here, commercial drivers have begun to hike transport fares, particularly in Monrovia and its environs, leaving commuters stranded, as...
Telecom operators should share infrastructure to speed up development of the industry and suppress the cost of data according Dr. Bitange Ndemo, the honorary chairperson for...
Skills shortages are holding back more Africans from building technology companies, many experts claim at the Mobile East Africa conference in Nairobi. In a panel discussion,...
The World Bank says Jamaica is one step closer to positioning itself as a credible player in the global animation industry with the graduation of 45...
Robert L. Johnson, Founder and Chairman of The RLJ Companies (PRNewsire) – Bethesda, Maryland – RLJ Credit Management, LLC has today announced the closing of RLJ...
MTN Ghana Foundation has signed a partnership agreement with Ghana Multimedia Incubation Center (GMIC) to sponsor a business incubation project targeted at final year tertiary students....
Digital trends specialist, Tomi Ahonen, believes mobile data will be the black gold of 21st century, and it remains the next sure frontier for companies. Speaking...
Global chains, direct flights and a state-of-the-art conference centre will bring yet more visitors to a capital in demand. Rwanda’s drive to become one of East...
Rwanda says it is likely to miss its 2013 economic growth forecast of 6.6 percent after the performance of the service sector fell short of expectations...
The Caribbean Development Bank (CDB) Tuesday said that regional countries experienced average economic growth of 1.5 per cent last year as compared with 1.2 per cent...
Tablets, which are light mobile computers, are in vogue. Because they are handy and easy to use, tablets are especially popular with students, businesspeople and professionals....
Barbados is slated to host the inaugural Caribbean Economic Forum on February 19. This discussion forum, the first of its kind in the region, will examine...
BET reports that Microsoft recently named a new CEO, Satya Nadella, and now comes word they have just named their first African-American chairman of the board....
Kenya’s Central Bank has revealed in a report that a total of KSh1.9 trillion (US$22 billion) was transferred in mobile transactions in the country last year....
Cleaning crews working to clear up pollution resulting from oil spill, Dec. 23, 2013. PHOTO/Trinidad Express Six senior employees of the Trinidad & Tobago state owned...
Ivory Coast is re-emerging as the prime investment destination in French-speaking West Africa after a decade of political turmoil but President Alassane Ouattara must weed out...
Africa’s richest man, billionaire Alhaji Aliko Dangote paid a courtesy call, on Thursday, to President Ellen Johnson Sirleaf at her Foreign Ministry Office and briefed her...
Ethiopian Airlines is in preliminary talks with Boeing that could lead to an order for 10 of the U.S. plane manufacturer’s latest model, the 777X, the...
Wigton wind farm in Manchester, Jamaica. PHOTO/Jamaica Gleaner At least 3 Caribbean countries have committed themselves to using renewable sources of energy like wind, solar and...
Ethiopian Airlines Enterprise said it will place its fourth hub in the Democratic Republic of Congo as Africa’s No. 2 carrier seeks to tap into the...
Uganda on Wednesday signed a Memorandum of Understanding (MoU) on the sustainable development of petroleum resources discovered in the country with licensed oil companies. The signing...
(Reuters) – Ghana’s central bank – The Bank of Ghana, raised its main policy rate by 200 basis points 18 percent on Thursday in a drive...
Trinidad & Tobago’s Point Fortin LNG terminal. PHOTO/File The Trinidad & Tobago Energy conference launched in the twin-sland nation’s capital (Port of Spain) on Monday with...
The St Lucia government says it will explore the development of the island’s geothermal resources at the Sulphur Springs in the west coast town of Soufriere....
The International Monetary Fund (IMF) is predicting economic growth as high as three percent for St Kitts-Nevis in 2014. An IMF mission Friday ended a three-day...
Burkina Faso and Ivory Coast have decided to turn over operation of the Abidjan-Ouagadougou railway to mining company Pan African Minerals, and the line will be...
African oil and gas producer, Equatorial Guinea, said on Monday it would allocate $1 billion, over three years, to support foreign investment aimed at diversifying its...
Senegal will seek just over $6 billion in financing at a donor conference this month to kick-start a development plan aimed at doubling economic growth rates...
Wage talks between South Africa’s AMCU union and the world’s top three platinum producers resumed on Tuesday to try to end a nearly two-week strike that...
Ghana’s Securities and Exchange Commission is close to approving the initial public offering of investment company Mega African Capital in what would be the West African...
Ghanaian regulators are planning to introduce market making, set up live trading and start debt education programs in a bid to boost bond-market activity in West...
The Barbados government has stated that it wants to increase foreign exchange earnings by 40 per cent from the international business sector under a five-year strategic...
As companies develop new oil and gas fields in East Africa – from Mozambique in the south up to Tanzania, Kenya and Somalia – governments will...
In their report, the UN Conference on Trade and Development (UNCTAD) said that foreign direct investment (FDI) to the Caribbean reached a new high last year....
Today, Royal Bank of Canada announced that it has entered into a definitive agreement to sell RBC Royal Bank Jamaica Limited and RBTT Securities Jamaica Limited...
Guyana states that it expects to have another record production of gold this year with production figures for the month already higher than the output from...
Trinidad’s Energy Minister, Kevin Ramnarine, said that the Trinidad and Tobago energy sector benefitted from more than two billion US dollars in foreign direct investments (FDI)...
There is no denying that Sylvia Rhone is a game changer. The Music Business Association (Music Biz), formerly known as NARM and DigitalMusic.org, will recognize her...
The World Bank says the business hub inaugurated on Monday will support the growing number of clean energy and climate technology ventures in the Caribbean. It...
One of the largest financial service providers in Jamaica, the National Commercial Bank (NCB), is in the process of improving its electronic security arrangements in the...
Director general of the Jamaica Civil Aviation Authority (JCAA), Leroy Lindsay, has stated that Jamaica could become a major exporter of pilots and air traffic controllers....
Since becoming named General Manager of the New York Giants in 2007, Jerry Reese has helped his team win two Super Bowl championships along with two...
Shares in Telecom Italia opened higher on Monday after Egyptian tycoon Naguib Sawiris told the media over the weekend he would be prepared to invest in...
The Perry Christie administration in the Bahamas says the country is well advanced in finalizing the compliance arrangements with regards to the Foreign Accounts Tax Compliance...
A South African union representing striking platinum miners held wage talks with employers on Friday amid reports of some confrontations around the mines. Association of Mineworkers...
Cable & Wireless Communications (CWC) and the Perry Christie administration in the Bahamas have concluded a deal that will result in the government acquiring majority control...
US hotel giant Marriott announced on Wednesday it had finalized a deal to buy the Protea group, Africa’s largest hotel chain, for US$186 million. “Marriott and...
Haiti and Guyana are expected to lead the economic growth among countries in Latin America and the Caribbean, according to the United Nations’ annual World Economic...
Aliko Dangote, Founder, President and Chief Executive of the Dangote Group. PHOTO/File The Dangote Group, funded and run by the world’s richest black man, Aliko Dangote,...
Robert L. Johnson, Founder and Chairman of The RLJ Companies Earlier this month, NewStar Financial, Inc., a specialized commercial finance company, announced that it has served...
South Africa’s economy cannot afford more mine labor unrest, Finance Minister Pravin Gordhan said on Monday, as the platinum industry’s main trade union served notice on...
Cleaning crews working to clear up pollution resulting from oil spill, Dec. 23, 2013. PHOTO/Trinidad Express Trinidad & Tobago’s government says a state-owned petroleum company (PETROTRIN)...
The fourth MobileMoneyExpo in Lagos next month will focus on low-income individuals and attempt to introduce banking to “the bottom of the pyramid in Africa”, the...
The Dominican Republic says Haiti has lifted a ban on imports of Dominican poultry and eggs – an issue that set off tensions between the neighboring...
(Black PR Wire) – Atlanta, Georgia – Actor, comedian turned media mogul and philanthropist, Steve Harvey, takes on another exciting role by joining the Coca-Cola Pay...
Cameroonian entrepreneur and businessman Seme Noungon (pictured), is set to launch a low cost cellular telephone company in the relatively uncrowded Central African market later this...
President Boni Yayi of Benin on Wednesday presided over the opening ceremony of a West African regional consultative forum on the African-Caribbean and Pacific Group (ACP)...
(PRNewswire) – Chris Folayan (pictured), an enterprising software developer, has found a way to tap into the purchasing power of Nigeria’s rapidly growing middle class. Folayan...
The Freundel Stuart administration in Barbados has extended the date that job cuts and layoffs in the public service would begin by 18 days, following talks...
Unemployment rates fell for every major group of Americans last year, the unemployment rate in the United States also dropped to 6.7 percent, the lowest since...
(live-PR.com) – After a 5.5 percent drop in sales in 2012, analysts continue to forecast that the new vehicles market will post a strong rebound in...
Bank of Barbados Governor, Delisle Worrell. PHOTO/FP DeLisle Worrell, the Governor of the Central Bank of Barbados, has said that tourism-related investment will impart some stimulus...
(Marketwired) – Johannesburg, South Africa – Companies are starting to place big bets on Africa, but many of them are still figuring out what it takes...
Cleaning crews working to clear up pollution resulting from oil spill, Dec. 23, 2013. PHOTO/Trinidad Express Trinidad & Tobago’s Environmental Management Authority (EMA) has slapped a...
(Bloomberg) – Zambia plans to establish a sovereign wealth fund to spur investment outside the mining industry of Africa’s biggest copper producer. The fund will be...
(Black PR Wire) – Atlanta – Hosted by Emmy®-winning television journalist and CNN Anchor Suzanne Malveaux and featuring interviews by Political Strategist/Writer/Commentator Jamal Simmons, ASPiRE Tv’s...
The Freundel Stuart administration in Barbados, has urged citizens to “band together” as it seeks to implement a raft of policies, including job cuts and a...
As the holiday shopping season comes to a close, PurchaseBlack.com wants shoppers to continue to support the African American business community and buy black in the...
Traders on the floor of the Nigerian Stock exchange. PHOTO/File Nigeria’s financial markets posted healthy gains in 2013 but 5 years on from the global financial...
(Xinhua) – Entrepreneurs in Jamaica will no longer need to visit multiple agencies to incorporate a company or register a business name, as the government officially...
(PRNewsire) – BLACK ENTERPRISE (BE) will present its highest recognition of women’s achievement when it presents the Legacy Awards at the 2014 Women of Power Summit...
Aliko Dangote, Founder, President and Chief Executive of the Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape...
The Digicel Group says it has reached an agreement with the Guadeloupe-based Loret Group and with Caribbean Fiber Holdings to acquire a submarine cable network across...
Opeyemi Awoyemi (l), Ayodeji Adewunmi (c) and Olalekun Olude (r). PHOTO/Olalekan Olude via Facebook Opeyemi Awoyemi, Ayodeji Adewunmi and Olalekun Olude are the co-founders of Jobberman.com...
A leading Jamaican researcher believes that the country could earn up to US$7 billion annually by increasing the production of limestone and its value added products....
East African businesses, especially those that import goods from within the East African Community (EAC) have for long complained about the roaming fees they incur whenever...
Two tech companies have launched rival ventures to build Android tablets in Haiti, a country with little recent experience in electronics manufacturing. Startups Surtab SA and...
Two more oil spills have been reported in Trinidad’s Gulf of Paria, according to state-owned oil firm PETROTRIN. The spills are the latest in a series...
(Bloomberg) – Consumers waiting until the last minute to buy health coverage under Obamacare received a reprieve as a record number of users visited the U.S....
Cleaning crews working to clear up pollution resulting from oil spill. PHOTO/Trinidad Express The government of Trinidad & Tobago has announced increased security for energy installations...
The World Bank has rated the Bahamas as the wealthiest Caribbean Community (CARICOM) country. The financial institution said that the Bahamas is most economically prosperous country...
(VoA News) – South Africa is a country that loves its beer. It’s a product that has blossomed into a multi-billion dollar industry for commercial beverage...
Sonja Hines – President and CEO of H&S Resources Corporation. PHOTO/Gene Sweeney Jr./Baltimore Sun (PRNewswire) – Columbia, Maryland – Sonja Hines of H&S Resources Corporation was...
Barbados has received yet another downgrade from Moody’s Investors Service. Moody’s Investors Service has downgraded the Barbados government bond rating from Ba1 to Ba3, citing poor...
Robert L. Johnson, Founder and Chairman of The RLJ Companies (PRNewswire) – Bethesda, Maryland – RLJ Equity Partners, LLC, an RLJ portfolio company, today announced its...
The economy of Trinidad & Tobago is now projected to grow by 1.5 percent this year as against earlier predictions of 2.5 percent, the central bank...
The Caribbean Development Bank has admitted Suriname as a full member of the financial body. As a result, Suriname will now have easier access to subsidized...
(Bloomberg) – Nigeria’s plan to rebase its gross domestic production (GDP) figures next year may boost the assessment of the size of its economy by as...
Jason Njoku, founder and CEO, iROKO Partners iROKO Partners, the world’s biggest online distributor and platform for Nigerian movies and music, has revealed that the company...
Africa-focused Private Equity fundraisers brought in over US$2 billion between January and September this year, exceeding 2012 full-year figures, according to Private Equity Africa, an industry...
The head of the Barbados Institute of Chartered Accountants (ICAB) says that the Freundel Stuart administration Barbados government delayed in making a decision regarding the laying...
The Economic Commission for Latin American and the Caribbean (ECLAC) is predicting that the Caribbean will experience a recovery and post at least 2.1 percent economic...
(Business Wire) – A new report calculates the severity of the U.S. retirement security racial divide. The analysis finds that every racial group faces significant risks,...
Aliko Dangote, Founder, President and CEO of the Dangote Group. PHOTO/Mike Hutchings/Reuters The Dangote Group, the Nigerian company founded and run by Aliko Dangote, plans to...
Anatomy of ponzi scheme. Image, courtesy of The New York Times Legislators in Jamaica have passed a bill which grants the court powers to imprison persons...
Otema Yirenkyi Otema Yirenkyi, has been appointed as Microsoft’s first female country manager in Africa to head up the company’s investment in the rapidly growing west...
(PRNewswire) – Jumpstart Africa has announced the launch of its Indiegogo campaign to raise needed funds to complete the build of its revolutionary crowdfunding platform, JumpstartAfrica.com....
The Jamaica Manufacturers Association has urged the Portia Simpson-Miller administration to hold Trinidad & Tobago to commitments made to the region as outlined in the Treaty...
The Caribbean Forum (CARIFORUM) say while they are aware of their responsibilities and commitments under the Economic Partnership Agreement (EPA) signed with the European Union in...
(Nationwide) – The Founder of The REDI Foundation, non-profit institute, Richard Michael Abraham, announced yesterday at The REDI Foundation’s press conference that the mission to train...
(Bloomberg) – ArcelorMittal SA’s South African unit said Nonkululeko Nyembezi-Heita (pictured), will step down on February 18 after almost 6 years as CEO at the local...
The African American unemployment rate for November was 12.5 percent, from 13.1 percent in October. The national unemployment rate also dipped, from 7.3 percent to a...
(Reuters) – The U.S. Justice Department plans to bring civil mortgage fraud cases against several financial institutions early in 2014, using as a template the case...
Image Courtesy of Fatboy Animations – Kenya Companies in Kenya are increasingly turning to locally created 3D content to engage with audiences and lure investors both...
Shonda Rhimes (pictured), will be honored for providing jobs and other opportunities for women and minorities by the Directors Guild of America. Rhimes is set to...
Latest preliminary data from the International Monetary Fund (IMF) have revealed that Haiti has registered gross domestic product (GDP growth) of 4 percent in the 2013...
Akinwumi Adesina – Nigeria’s minister for Agriculture. PHOTO/Getty Images Nigeria’s minister for Agriculture Akinwumi Adesina, was earlier this week named 2013 Forbes Africa person of the...
Jamaica has widened its strategy to deal with money laundering with the Senate giving approval to 5 orders under the Proceeds of Crime Act (POCA). The...
Barbados is among the least corrupt countries in the world according to the latest figures released by the German-based Transparency International (TI) on Tuesday. According to...
Ashegoda Wind Farm. PHOTO/File From the sky, the 84 glimmering white turbines at Ashegoda wind farm shoot up from the ground like massive spokes, standing out...
Bevil Wooding, Founder and Executive Director of BrightPath Foundation Six Caribbean nationals have been recognized for their contribution to advancing technology innovation in the region at...
Nigeria’s central bank Governor Lamido Sanusi. PHOTO/File (Bloomberg) – Nigerian central bank Governor Lamido Sanusi will be stepping down in June next year, raising concerns among...
Jamaica and Trinidad & Tobago have resumed their talks on Tuesday aimed at settling an immigration matter that had threatened to escalate to a trade war...
Cable & Wireless Communications (CWC) has updated the brand identity of its Bahamas business. The refreshed brand of Bahamas Telecommunications Company (BTC) seeks to create a...
Oil rig in Uganda. PHOTO/Tullow Oil East Africa’s first land based locally-owned drilling contractor is just starting up, signalling the intention of local investors to get...
Andile Ngcaba – Founder and Chairman Convergence Partners Convergence Partners a South African-based investment group, founded and headed by serial entrepreneur Andile Ngcaba, has launched a...
Angela Benton (pictured), did not let rooms full of men intimidate her back in 2007 when she started her first business. Instead, it’s guided a career...
East African integration is moving closer to reality with the signing of the East African Monetary Union Protocol during the Heads of State Summit to be...
Trinidad & Tobago’s Foreign Affairs Minister, Winston Dookeran says if the threat of a boycott of products by Jamaicans materializes this could lead to a serious...
(BLACK PR WIRE) – Atlanta, Georgia – Hosted by Emmy-winning television journalist and CNN Anchor Suzanne Malveaux and featuring first-hand interviews by Political Strategist/Writer/Commentator Jamal Simmons,...
The first touch-screen tablet manufactured in Haiti and its affordable price have captured the interest of Haitians, particularly within low income households and the youth, who...
(Bloomberg) – When Gbemiga Omotoso bought a Samsung tablet computer last year, he handed over his cash to a man in a van. There was nothing...
Eric Flowers – President and CEO of Ramsell (Business Wire) – Ramsell, a leading provider of innovative solutions for organizations that serve the underserved, was honored...
Dangote Cement’s gross revenues grew by 29 percent to US$1.82 billion for the third quarter 2013, up from US$1.41 billion recorded in the corresponding period in...
The ratings agency, Standard & Poor’s (S&P) has revised downwards the long-term rating for Barbados – the second downgrade in four months. Late Wednesday, the credit...
Highly acclaimed architect David Adjaye, has been named the Wall Street Journal’s Architecture Innovator of the year 2013. The Tanzanian-born Adjaye who designed the soon to...
The Freundel Stuart administration in Barbados has announced that it will implement a 15 percent tax on lottery winnings over a certain amount, even as it...
The Dominican Republic has taken prompt action to avoid a threat of suspension from Venezuela’s PetroCaribe energy program. St Vincent & the Grenadines Prime Minister, Ralph...
Kaduna Refinery (Bloomberg) – Nigeria, Africa’s largest oil producer, plans to begin privatizing its 4 state-owned oil refineries before the end of the first quarter of...
Herman Russell (pictured), is the founder and chairman of H. J. Russell & Company – one of the largest minority owned construction and real estate firms...
RapidSMS data flow. IMAGE/Technology for Humanity A technological innovation to boost Malawi’s food security surveillance 4 years ago has become a secure tool in the area...
LIME (Landline Internet Mobile and Entertainment) – the Caribbean business of Cable & Wireless Communications, has announced it will invest nearly JMD 8.3 billion (US$79 million)...
Kingston Harbor, Jamaica. PHOTO/File As Jamaica readies to position itself as the fourth node in the global logistics chain, the island-nation has been designated the sub-regional...
Findings from research commissioned by Informa Telecoms & Media in July 2013 on trends in global mobile data usage shows that the rise in digital service...
(HaitiLibre) – To connect potential investors directly with Haiti’s private sector, the Haiti Renewal Alliance’s 5th Business Investment Expo and Conference will expand to Port au...
Nigerian lawmakers say their country’s oil business must be investigated after an independent watchdog group alleged that Nigerian and Swiss traders may be complicit in defrauding...
Adrienne McAdory, President and CEO Atgron Inc. PHOTO/youtube.com (PRNewswire) – Adrienne McAdory will be making Internet history with the ownership rights to the new Top Level...
Titus Naikuni – CEO of Kenya Airways Ltd. PHOTO/File (Bloomberg) – Kenya Airways Ltd. Chief Executive Officer Titus Naikuni will be stepping down after restoring sub-Saharan...
ARC Inc. which produces ARC Magazine, a premier publication for Caribbean Art and Culture, has appointed Caribbean Media Partners as its main agent to develop a...
Wanda Alexis Alexander – President and CEO Horizon Consulting Incorporated. PHOTO/Wanda Alexander (BlackPRWire) – Lansdowne, Virginia – Horizon Consulting Incorporated announced that its President and CEO,...
(Reuters) – When Abasiama Idaresit started a digital marketing firm in Nigeria’s bustling economic capital three years ago, he quickly learned how brutal life can be...
Dominica’s Prime Minister Roosevelt Skerrit says the time has come to make the regional airline, Leeward Islands Air Transport (LIAT), an essential service as the airline...
African Development Bank President Donald Kaberuka. PHOTO/File African Development Bank President Donald Kaberuka was last week named African of the year by Africa’s media in recognition...
African American unemployment rose slightly to 13.1 percent (from 12.9 recorded in September) and black teen joblessness remained the highest of any group at 36 percent....
Robert L. Johnson, Founder and Chairman of The RLJ Companies RLJ Entertainment Inc., has released the results for the third quarter ending September 30, 2013. Full...
The Bahamas dropped once place to fourth spot among Specialized Financial Centers in the 2013 ranking of International Financial Centers according to a report published by...
Aliko Dangote – founder and Chairman Dangote Group. PHOTO/File Dangote Cement reported a growth of 28.7 percent in revenue and 39.4 percent in profit for the...
Earvin “Magic” Johnson. PHOTO/File (Business Wire) – According to sports legend and entrepreneur Earvin “Magic” Johnson, the game of basketball is math and science in motion...
Africa’s most prestigious business awards, the Johnnie Walker Blue Label CNBC Africa All Africa Business Leaders Awards, is set to name Africa’s ultimate business game-changers in...
James Norman (pictured), a serial entrepreneur, the man behind Ubi (a video aggregation site), has launched a new venture GroupFlix that will compete with Netflix. GroupFlix...
A Jamaican official says a study has reviewed the natural resources of the island-nation’s largest protected area as the government advances plans for a possible Chinese-financed...
(Reuters) – Sub-Saharan Africa’s economic growth is expected to increase to 6 percent in 2014, from 5 percent this year, supported by investment in infrastructure and...
Sunrise Airways has set a November 1, 2013 start date for its new flights between its home base in Port-au-Prince, Haiti and Holguín, a resort city in...
New regulations in Nigeria that will reduce fee income and raise reserve requirements could curb growth in the financial sector. Nigerian banks enjoyed a prosperous 2012,...
PurchaseBlack.com, the new home for African American online shopping, is inviting high quality small, medium, and large businesses to offer their products on its new e-commerce...
The Bahamas, Jamaica and Trinidad & Tobago are leading the Caribbean in improving the region’s business climate, according to a new “Doing Business” report released on...
(Reuters) – Ethiopia has commissioned Africa’s biggest wind farm – Ashegoda Wind Farm, and in the process diversified electricity generation from hydropower plants and places the...