The Eastern Caribbean Central Bank has established a working group to ensure that financial institutions which operate within the Eastern Caribbean Currency Union (ECCU) are prepared...
As bilateral between China and Africa continues to gather momentum, it is becoming increasingly necessary for a new cross border payments mechansim that is suitable for...
Music star and entrepreneur Akon (l) with driver Joe Henderson III. PHOTO/Facebook Music star and serial entrepreneur Akon is venturing into the world of race car...
In its third successful year, the Caribbean Investment Forum (CIF) 2013 delivered on the promise of rich opportunities for investors seeking a foothold in the Caribbean....
(Reuters) – Fastjet , the African budget airline backed by easyJet founder Stelios Haji-Ioannou, said it would temporarily shelve plans to launch domestic routes in South...
Regional airline, Leeward Islands Air Transport (LIAT), Thursday announced it had taken possession of an ATR 72-600 aircraft as it upgrades its aging fleet. The airline...
Sporedust Media, a Nigerian animation startup is on track to becoming Africa’s equivalent of Pixar. According to the company’s CEO and co-founder, Shina Ajulo (pictured below),...
Manufactures in Jamaica have accused Trinidad & Tobago of breaching the Caribbean Community’s (CARICOM) trade rules established under the Revised Treaty of Chaguaramas by imposing non-tariff...
Jamaica is particularly exposed to higher borrowing costs because of financing needs in the financial years 2015 and 2015 following the US$932 million International Monetary Fund...
Cheryl Pearson-McNeil, senior VP Public Affairs & Government Relations at The Nielsen Company to deliver keynote address (PRNewswire-USNewswire) – The New York & New Jersey Minority...
Aliko Dangote, founder and CEO Dangote Group/Industries (Reuters) – Dangote Industries, majority shareholder in Dangote Cement, on Monday sold 1.5 percent of its stake in Nigeria’s...
(Reuters) – Nigeria’s Guaranty Trust Bank said on Tuesday it expected its pretax profit for the third quarter to hit 20.7 billion naira (US$129 million), compared...
The Spencer administration in Antigua & Barbuda, has revealed that it does not have any intention of re-engaging the International Monetary Fund (IMF), even after the...
(Black PR Wire) – Atlanta, Georgia – This Father’s Day, ASPiRE will feature special programming that showcases a range of fathers and reflections on fatherhood. “Cos-A-Thon,”...
Ashifi Gogo, founder and CEO Sproxil Ghanaian entrepreneur, Ashifi Gogo was on May 29, 2013 honored at a White House ceremony along with other innovators for...
Digicel, sponsor of the Caribbean Premier League (CPL T20), has launched a marketing campaign in support of the T20 cricket tournament. The campaign went live with...
Kenya Airways Ltd., Africa’s third-largest airline, retreated to the lowest in more than three months on speculation that its full-year loss may be larger than initially...
The new administration in the Cayman Islands, has announced it is prepared to commit to an international tax convention. “The Cayman Islands Government today announced that...
Senior Caribbean tourism officials are hoping for a turn-around in fortunes as the region Wednesday continued efforts to lure visitors to its shores. “We are truly...
Owners of smart phones in Kenya will now be able to enjoy an advanced version of Google Maps following the launch of the application’s turn-by-turn navigation...
(Marketwired) – Sigma Systems, the leader in catalog-driven service fulfillment solutions, announced today that Cable Bahamas, a leading communications provider and first to offer Triple Play...
African middle class family in Lusaka, Zambia. PHOTO/Georgina Smith/The Guardian “African consumers want the same as consumers elsewhere – a mobile phone…“ Consumption of goods and...
Caribbean Community (CARICOM) leaders are being urged to support a loan application by the regional airline LIAT (Leeward Islands Air Transport) for funds to undertake a...
Ethiopian Airlines Boeing 787 Dreamliner. IMAGE/Boeing (Reuters) – Ethiopian Airlines plans to buy or lease up to six more 787 Dreamliner passenger jets by 2018 as...
A drill worker listens for the bit, hundreds of feet underground, during exploratory drilling for minerals and metals Haiti. PHOTO/Dieu Nalio Chery/AP (AP) – Haiti is...
Aliko Dangote, President, Founder and Chief Executive of Nigeria’s Dangote Group speaks during the final session of the World Economic Forum on Africa. PHOTO/Mike Hutchings/Reuters Nigerian...
Moody’s Investors Service – a major international credit rating agency has revealed that three bond restructurings in the Caribbean this year, totaling about US$9.7 billion, have...
Kenyan electronic payment firm JamboPay has won a Google innovation award for financial services. The five-year-old company provides a payment service that integrates mobile money and...
(Reuters) – The African Development Bank said on Thursday the fund it intends to create to finance infrastructure investment on the continent could be as big...
RLJ Companies Chairman/BET Founder, Robert L. Johnson Serial entrepreneur and founder of Black Entertainment Television (BET), Robert L. Johnson has revealed that he is looking to...
An African entrepreneur and investor community known as the Venture Capital for Africa has announced the launch of a new initiative for promising African entrepreneurs to...
The Barbados government has described as “malicious and unfounded” reports that the island-nation has held talks with the International Monetary Fund (IMF). Finance and Economic Affairs...
Shaquille O’Neal. PHOTO/EPA Four-time NBA champion Shaquille O’Neal, is parntering with Arizona Beverages to launch his own brand of pop, aptly named “Soda Shaq.” At least...
(Reuters) – Ultrapetrol (Bahamas) Ltd announced the sale on May 15, 2013 of a further seven tank barges to a third party in Colombia who have...
Warren Anderson, Co-Founder and President The Anderson-DuBose Company Warren Anderson is the co-founder and president of The Anderson-DuBose Company. He and college friend, Steve DuBose founded...
Kenyan M-Pesa (mobile money) based transactions topped US$4.9 billion in the first quarter of this year, according to a report released by the country’s central bank...
Black purchasing power in the United States. SOURCE/ReachingBlackConsumers.com (PRNewswire) – Nashville, Tennessee – As the U.S. economy begins to regain some traction, it has become apparent...
Nigeria’s central bank Governor Lamido Sanusi. PHOTO/File (Bloomberg) – Nigeria’s central bank shouldn’t rush to cut interest rates even as inflation is forecast to remain within...
The Cincinnati chapter of the African American Chamber of Commerce has announced that it is seeking applications for for its 2013 Shark Pool event that commences...
Wind farm located at the Ngong Hills near Nairobi, Kenya. PHOTO/File Giant turbines churning in the wind are a rare sight in Africa, but that will...
As Botswana diversifies from it’s largely mineral dependent economy into the establishment of a financial services hub, the southern African country is stepping up efforts to...
Latest reports from Ghana indicate a slow down in the country’s economy. The Governor of the Central Bank of Ghana, Henry Kofi Wampah indicated that business...
Jamaica is in the process of making amendments to the Caribbean Community (CARICOM) Free Movement of Skilled Persons Act, so as to broaden the categories of...
Davon Kelly, Founder and CEO Novad Management Consulting Davon Kelly is the founder and CEO of Novad Management Consulting – a company he founded in 2003....
Oil Refinery in Port Harcourt, Nigeria. PHOTO/File Press Release (Business Wire) – Research and Markets has announced the addition of the “Nigeria Storage Market Analysis and...
Jamaica is a hub for innovation. While currently home to just three “pure play” animation studios, the animation industry in Jamaica has the potential to create...
East African Community partner states are looking into the possibilities of raising more money from international capital markets and in turn reduce donor dependency. The plan...
South African mobile telecommunications giant MTN has stepped up its awareness campaign in South East Asia today by detailing its unparalleled track record in emerging markets...
(Business Wire) – Newark, N.J – Prudential Financial, Inc. today revealed the results of its 2013-2014 “African American Financial Experience” study, which found that competing priorities...
A major international credit rating agency is warning of more Caribbean sovereign debt restructurings ahead of the Caribbean Development Bank annual meetings in St Lucia this...
Nigerian serial entrepreneur Jason Njoku and a business partner recently launched a company to fund tech companies in Nigeria – and in the longer term the...
A company that monitors global Internet traffic says that the undersea fiber-optic cable connecting Jamaica to Cuba has come online. Internet analysis firm Renesys says it...
The Namibian government on Tuesday announced the first discovery of oil off it’s coast around the Walvis Basin. Namibia has commissioned a Rio de Janeiro-based energy...
Less than 72 hours after he announced that Caribbean Airlines had accumulated massive losses in 2012, Trinidad & Tobago Finance Minister Larry Howai has announced that...
Latest statistics released by the Bank of Jamaica indicate that the island-nation’s economy remained in recession during the first quarter of 2013, however, the economy was...
Rachel Tladi – Founder and CEO Uvuko Civils Rachel Tladi is the founder and CEO of South African maintenance and construction company Uvuko Civils. She founded...
The Trinidad & Tobago based and state-owned Caribbean Airlines recorded losses estimated at US$70 million last year, the twin island-nation’s Finance Minister Larry Howai has revealed....
The theme of for this year’s conference is “Breeding African Lions: Imperatives for building globally competitive businesses“. (Sponsor Wire) – Until the late 1990s, Africa was...
(Black PR Wire) – Charlotte, NC – Wells Fargo recently named Michelle Thornhill (pictured), senior vice president, as strategy and integration manager reporting directly to the...
Somalis register new cell phones. PHOTO/Reuters It may be two steps forward and one step back but Somalia is beginning to pick itself up off the...
Earvin “Magic” Johnson. PHOTO/File (Business Wire)– Nationwide: WHO: – The Honorable Mayor Michael B. Coleman, City of Columbus – Earl G. “Butch” Graves, Jr., President &...
African middle class family in Lusaka, Zambia. PHOTO/Georgina Smith/The Guardian After years of headlines about Africa’s poverty, its emerging middle class is now grabbing attention as...
Anglo American’s platinum arm, under pressure from South Africa’s government, could announce a restructuring plan as early as Thursday that will sharply scale back job losses...
(PRNewswire via COMTEX) – Columbus, Ohio – Black Enterprise, with support from the Bill & Melinda Gates Foundation, present “Today’s Business Crisis: Educating Tomorrow’s Workforce.” The...
Oil rig in Uganda. PHOTO/Tullow Oil With an estimated 3.5 billion barrels of untapped oil reserves, Uganda is expected to join Nigeria, Angola and Sudan among...
Founder and CEO of the Dangote Group., Aliko Dangote. PHOTO/File (Bloomberg) – Dangote Group CEO, Aliko Dangote, has revealed that he has secured US$4.25 billion to...
Business confidence in Africa remains the highest in the world, according to the, annual Young Presidents Organization (YPO) Global Pulse Confidence Index for Africa. Business confidence,...
The International Monetary Fund (IMF) says Caribbean countries will experience economic growth of just over 1 percent this year – and this even as the Caribbean...
Press Release Abu Dhabi Airports Company announced that Kenya Airways, the national carrier of Kenya, and famously known as “the pride of Africa”, will soon offer...
(Bloomberg) – Angola, Africa’s second-biggest oil producer, plans to simplify taxation and more than double revenue from sources other than petroleum to curb the government’s reliance...
(Reuters) – Nigeria’s telecommunications regulator has ordered South African mobile Giant MTN to charge customers the same rate whether calling rival operators or other MTN users,...
Job applicants fill out applications for positions at a new bar and restaurant in Detroit. PHOTO/Paul Sancya/AP U.S. employers added 165,000 jobs in April, and hiring...
The African Development Bank revealed that it has developed a 10-year plan and strategy that would focus on the economic transformation of the African continent. In...
Robert L. Johnson RLJ Companies Chairman/BET Founder to Be Presented With A.G. Gaston Award for Entrepreneurial Achievement at 2013 Black Enterprise Entrepreneurs Conference + Expo (PRNewswire)...
Kunle Ogungbamila – founder and CEO of Kuluya. PHOTO/KULUYA The founder and CEO of recently launched Nigeria-based online gaming company KULUYA, has revealed that the company...
Trinidad & Tobago’s Point Fortin LNG terminal. PHOTO/File The shale gale that has put the United States on track to be a net exporter of natural...
Recent studies point out that African American consumer spending is at an all time high. While the African American community continues to suffer the highest unemployment,...
The International Monetary Fund (IMF) Wednesday said it had approved US$932.3 million loan under its Extended Fund Facility (EFF) for Jamaica. The four-year extended fund facility...
African middle class family in Lusaka, Zambia. PHOTO/Georgina Smith/The Guardian Press Release The African National Congress welcomes the outcomes of the study by the University of...
The Virginia Leadership Institute will hold its “Top 10 Under 40” awards ceremony on May 7, to honor 10 of the region’s rising young African American...
Belize Prime Minister Dean Barrow. PHOTO/File The Belize government is set to launch a national bank that Prime Minister Dean Barrow said should place pressure on...
Infrastructure projects to watch. IMAGE/Africa Review Travelling across Africa, you easily notice a continent working hard for take-off. Stretches of roads and airport runways under construction,...
Aerial view of the OR Tambo International Airport, Johannesburg – South Africa. PHOTO/File The World Airport Awards 2013 – recently released by Skytrax, a United Kingdom-based...
(PRNewswire) – Resort property developments throughout The Bahamas have reported a huge boost in sales in the first quarter as investor confidence returns, with some developments...
(Nationwide) – Atlanta, Georgia – African American Internet entrepreneur Eli Marcus is on a mission to build a strong and powerful Black America by promoting entrepreneurship...
Aliko Dangote. PHOTO/File Dangote Cement Plc, Africa’s biggest producer of the building material, said it plans to more than double annual total output to 55 million...
The International Monetary Fund (IMF) says the Caribbean and African countries dubber “low-income countries” are among the fastest-growing economies in the world, but warn that many...
(Black PR Wire) – Atlanta, GA – ASPiRE today announced the start of production in Los Angeles on its new original weekly talk series, “Exhale.” Designed...
The Nigerian naira reached the lowest in more than a month as investors were said to slow purchases of Nigerian bonds after oil prices weakened and...
Public Utilities Minister Gregory Bowen has given an assurance that no effort will be spared in moving forward the process of liberalizing the electricity sector in...
(PRNewswire) – The role of Africa’s leading women-such as Diezani Alison-Madueke, Mamphele Ramphele and others, is steadily growing across the continent. The fact that Africa is...
Power pylons in Nigeria (Reuters) – The Goodluck Jonathan administration in Nigeria accepted deposits by bidders for 15 state electricity assets on Monday, a milestone in...
Former Lt. Gov. of Florida Jennifer Carroll. PHOTO/Devon Ravine/AP Jennifer Carroll Will Become President and Chief Operating Officer After Completion of Planned Merger with Airtronic USA,...
Michael Lee-Chin, Executive Chairman and CEO of Portland Investment Counsel Inc. PHOTO/Zuma Press/Newscom Portland Investment Counsel Inc., an Investment Fund Manager, is in the process of...
Ethiopian Airlines Boeing 787 Dreamliner. IMAGE/Boeing (Reuters) – Ethiopian Airlines is set to become the world’s first carrier to resume flying the Boeing 787 Dreamliner passenger...
(PRNewswire) – Secure Hosting, a data hosting company that provides secure dedicated servers for offshore hosting has opened a second data center in the Caribbean region...
Bharti Airtel, India’s largest mobile telecom operator revealed Tuesday that it t has entered into a definitive agreement with United Arab Emirates-based Warid Group to acquire...
Press Release The 2013 White House Initiative’s Year-round Internship Program provides current undergraduate and graduate students with an opportunity to learn about African American-focused education policy,...
Artistic Impression of the Konza Techno City. IMAGE/File Kenya gave the world two groundbreaking innovations in technology: M-Pesa, a mobile banking system, and Ushahidi, a platform...
Africa, with its improved economies, can contribute to global growth for the first time in history, African finance ministers said on Saturday in Washington. “Africa is...
Civil Servants have ended their battle with government for a 9.5 percent wage increase, with a stunning decision to settle for a wage freeze. After an...
Students Gérard Niyondiko (l) and Moctar Dembélé Two African students, Gérard Niyondiko and Moctar Dembélé have won the US$25,000 Global Social Venture Competition award for their...
The Jamaica government has presented a J$521 billion (US$5.21 billion) tax free budget to parliament with Finance Minister Dr. Peter Phillips indicating that the aim of...
(Press Release) – Soul Of The South Network – a 24-hour regional broadcast network targeting African American viewers in the South, and key Northern and mid-West...
(Reuters) – Nigeria’s stock market regulator said on Thursday it had lifted a suspension on Ecobank from capital market activities, imposed last month because of irregularities...
Africans are helping themselves more than aid workers are, according to new research. Analysis of cash flows by Hong Kong-based Ghanaian academic Adams Bodomo shows that...
The changing fortunes of Africa has become a theme of investment conferences, magazine covers, and the just concluded summit of the BRICS (Brazil, Russia, India, China...
Sundra L. Ryce – Founder, President and CEO of SLR Contracting & Service Co. Inc. Sundra L. Ryce is the founder, President and CEO of SLR...
An Oxford University study has revealed how the use mobile technology in Africa has dramatically increased the amount of money that water utility companies actually receive...
(Reuters) – Moody’s Investors Service on Monday raised Belize’s government bond rating to Caa2 from Ca, citing better government liquidity after a debt restructuring. “The upgrade...
Earvin “Magic” Johnson. PHOTO/File (PRNewswire) – BLACK ENTERPRISE will hold its 2013 Entrepreneurs Conference + Expo hosted by Nationwide Insurance on Wednesday, May 15, at the...
Authorities say 17 people are dead after an accident at a gold mine in central Ghana. Local official Peter Kofi Owusu-Ashia told The Associated Press on...
In a bid to reduce the fallout from Jamaica’s possible withdrawal of the Air Jamaica brand from Caribbean Airlines, Trinidad & Tobago has said that it...
Aliko Dangote, President, Founder and CEO of The Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town...
Donna A. James (PRNewswire-USNewswire) – The National Women’s Business Council, a leading independent voice for women entrepreneurs, announced today that Donna A. James will step down...
The government in Jamaica is threatening to withdraw the Air Jamaica brand from the Trinidad-based Caribbean Airlines following widespread reports here that the carrier would be...
App developers at work in Nairobi, Kenya. PHOTO/File East Africa’s tech entreprenuers have a new opportunity for fundraising following the launch of a US$196 million fund...
The Bahamas is providing a tax amnesty to property owners ahead of the June 30 deadline. The Christie administration says effective immediately, the Real Property Tax...
Russell Simmons Serial entrepreneur Russell Simmons, has launched a digital marketing, entertainment and technology company, with business partner Tricia Clarke-Stone. The name of the company –...
Latest reports indicate that the Trinidad & Tobago carrier – Caribbean Airlines will be reducing on the number of flights to Jamaica and major US gateways...
In 1975, just after Mozambique had won its independence from Portugal after a bitter struggle, a quarter of a million Portuguese colonialist settlers left the country....
(Businesswire) – Miami-based Elite Lifestyle Investments partners with RE/MAX Infinite to invest in real estate in both the United States and Canada. Elite Lifestyle Investments is...
Founder network group – VC4Africa, has launched a peer-to-peer online platform where African entrepreneurs can link up with prospective global business experts. The platform known as...
African American investors report high levels of confidence in their financial future, along with optimism about the political and economic future of the country, according to...
(Bloomberg Businessweek) – Tanzania sees natural gas reserves more than doubling by early 2015 from the 40 trillion cubic feet discovered, as the east African country...
The Caribbean Open Data Conference is a regional technology conference and code sprint, focused on open data, software innovation, and technology trends. It is the largest...
Private equity funds in Africa posted an 11.2 percent annualized return for the past 10 years ending September 30, 2012. African private equity funds have outperformed...
(PRNewswire-USNewswire) – Port-au-Prince – From cash transfers to the elderly and disabled, to hot meals and subsidies for students and farmers, the Government of Haiti has...
Tony Elumelu Nigerian entrepreneur and philanthropist Tony Elumelu through his Tony Elumelu Foundation has partnered with the Rockefeller Foundation to launch an impact investment fund for...
The just concluded BRICS (Brazil, Russia, India, China, South Africa) summit concluded in Durban, South Africa calls for stronger partnerships, integration and industrialization to tackle various...
Bennett Fleming and five of his fraternity brothers from Morehouse College have created Black Startup, a crowdfunding website where entrepreneurs with business ideas or projects geared...
A weed introduced to Kenya to combat desertification that eventually became a problem invading farmland and damaging farmers’ livelihoods is about to provide the necessary raw...
Latest report illustrates that the bulk of aid seldom reaches the beneficiaries for whom it is intended. A new report on American aid to Haiti in...
Job applicants fill out applications for positions at a new bar and restaurant in Detroit. PHOTO/Paul Sancya/AP U.S. employers added just 88,000 jobs in March, the...
Amina Mohamed Ambassador Amina Mohamed has been recommended for the position of Director-General of the World Trade Organization (WTO). The post falls vacant on August 31,2013,...
Don Charlton, Founder and CEO of The Resumator Don Charlton is the founder and CEO of The Resumator – a company “that takes the hassle out...
Africa’s top trading partners. COURTESY/U.S. Senator Chris Coons The U.S. can’t afford to ignore investment and trade with Africa now that countries like China and India...
The Bahamas Ministry of Financial Services will be hosting a workshop on the United States’ Foreign Accounts Tax Compliance Act (FATCA) on April 9-10, 2013 in...
(Reuters) – Angola’s government on Wednesday approved the guidelines of a plan to hold bidding for licences to explore for oil onshore in the Kwanza and...
(Reuters) – Moody’s Investors Service on Wednesday warned it may downgrade Bermuda’s Aa2 sovereign credit rating, citing prospects for further increases in already elevated government debt...
The recently elected Keith Mitchell administration has outlined plans for the construction of a new economy that will spur economic growth and development in Grenada. The...
Mariama Levy – founder and CEO of Verdi Consulting “Nothing is impossible, you just have to get it done.” Mariama Levy is the founder and CEO...
Digicel is looking to launch its own low cost android smartphone in the coming weeks. In a release, the telecommunication company revealed that the new smartphone...
Africa’s largest international payments firm, Dahabshiil, has received a prestigious award at a London presentation ceremony. Dahabshiil is the ‘rags to riches’ tale of an African...
Antigua & Barbuda government says there has been no “substantial progress” with the United States with regards to the long standing internet gaming dispute despite recent...
Zenith Bank Plc, Nigeria’s largest bank by tier-1 capital and shareholders’ funds, was on Thursday listed on the London Stock Exchange (LSE). The listing of US$850...
Roland Martin Roland Martin has been named “Journalist of the Year” by the National Association of Black Journalists (NABJ). The organization announced the award early last...
Aliko Dangote The Dangote Group has applied for a silica exploration license in Ethiopia. Silica is the major raw material for glass manufacturing. The industrial group...
The Caribbean’s regional credit rating agency CariCRIS has lowered the credit rating of Barbados by “one notch” to CariA+ (Foreign Currency Rating) and CariAA- (Local Currency...
The Bahamas can exploit developed country “overreaction” to become a leading international jurisdiction for commercial data storage, a top industry specialist adding that its client base...
Robert Johnson (PRNewswire) – Bethesda, MD. – Robert L. Johnson, founder and chairman of The RLJ Companies and founder of Black Entertainment Television (BET), yesterday announced...
Environmental Damage caused by past oil spill in Nigeria. PHOTO/File (Reuters) – Two Nigerian government agencies told a parliamentary hearing on Thursday that Royal Dutch Shell...
Dorothy R. Leavell Award winning civic leader, newspaper publisher and businesswoman Dorothy R. Leavell has been installed as the new chairperson of the National Black Chamber...
Jamaica is looking to auction two licences for use of the 700 MHz band, then intention of this process is to attract new entrants to the...
The east African country of Tanzania’s Gross Domestic Product (GDP) grew by US$4.5 billion last year compared to 2011, new economic data showed. The March 2013...
Google’s first trial to use the unused channels in the broadcast TV spectrum to provide wireless broadband access launched in 2010 in Logan, Ohio. Since then,...
The University of Trinidad & Tobago’s (UTT’s) Valsayn Campus buzzed from two days of exciting competition which culminated with an awards ceremony for UTT’s IDEAS competition...
(Black PR Wire) – Alexandria, Va. – For the third consecutive year, the U.S. Army will share career and educational opportunities with current and aspiring engineers...
The establishment of the BRICS bank will provide the emerging economies in Africa and the Caribbean with an alternative to the IMF and World Bank (Bloomberg)...
Construction on a pipeline that will bring natural gas from Trinidad & Tobago to the island-nations of the East Caribbean will begin next year, according to...
The Black Business and Professional Association (BBPA) on March 19th 2013, announced the recepients of the 31st BBPA Harry Jerome Awards at the Royal Bank of...
The project once completed is hoped to turn Jamaica into the ICT hub of the Caribbean. (JIS) – Jamaica is in the process of rolling out...
African middle class family in Lusaka, Zambia. PHOTO/Georgina Smith/The Guardian A raft of trickle-down economic policies adopted by East African governments to fight poverty seems to...
By Russell Southwood In most of Africa’s big markets there is now an intense level of competition. The average revenue per user (ARPU) is down below...
President and CEO of Horizon Consulting Incorporated, Wanda Alexis Alexander. PHOTO/Wanda Alexis Alexander (Black PR Wire) – Lansdowne, Virginia – Horizon Consulting Incorporated, leading provider of...
A would-be savior has emerged for foundering Highland Community Bank, one of just three African America-owned banks left in Chicago. But the definitive agreement from the...
(Jamaica Gleaner) Client records of CIBC FirstCaribbean International Bank have been accessed by outsiders, but the bank says the breach should not be described as a...
Nigeria’s central bank Governor Lamido Sanusi Nigeria’s central bank Governor Lamido Sanusi, who was named central bank governor of the year by London-based The Banker magazine...
Joseph B. Anderson Joseph B. Anderson is the majority owner, Chairman and CEO of the TAG Holdings LLC, based in Troy, Michigan. The company Tag Holdings...
The Barbados government says it intends to invest BBD$600 million (US$300 million) as part of a new stimulus to improve the local economy and create at...
(Reuters) – Uganda’s sole state pension fund said on Wednesday it would start investing in Kenyan debt and equities and establish a private equity fund to...
Civil servants in the island-nation of St. Lucia stayed away from their jobs on Monday disrupting several government services and ignoring appeals from Prime Minister Dr....
By Kate Douglas Infrastructure development in Kenya: Nairobi-Thika -Road. PHOTO/File “This growing infrastructure demand presents a critical challenge for Africa as the continent seeks to compete...
(PRNewswire via COMTEX) – Nassau, Bahamas, March 19, 2013 – While the global economy lurches unpredictably, it seems something rather interesting is happening in The Bahamas....
Aliko Dangote The Dangote Group has awarded Indian engineering company, Tata Consulting Engineers, a contract to provide project management consultancy services for its new US$1.9 billion...
Oprah Winfrey Oprah Winfrey was crowned America’s most influential celebrity for a second straight year on Friday, despite having dropped off daily television in 2011. According...
African American farmers who were denied loans by federal agriculture officials are still waiting for money from a class-action discrimination settlement signed into law in 2010....
A major international credit rating agency says the liquidity crisis leading to Grenada default on its US and Eastern Caribbean (EC) dollar bonds is “credit negative”...
Rescue workers search at the site of a plane crash in Lagos, Nigeria on June 3, 2012. PHOTO/Sunday Alamba/AP Dana air, the carrier that has been...
By Ayana Jones of The Philadelphia Tribune A coalition of media owners, professional and political organizations have launched the Million Dollar Black Spending Power campaign –...
The more recent results from a stress test conducted on the financial systems in Barbados indicate that financial institutions in the island-nation have enough capital withstand...
Airtel has announced the launch of the mobile HD voice service for its subscribers in Africa. The development comes as the first step in Airtel’s ambition...
The national airline of The Bahamas, Bahamasair, recorded a loss of US$11.7 million in 2012 as compared with US$9.8 million in 2011. This was revealed by...
U.S. President Barack Obama – and rising gasoline prices U.S. President Barack Obama is pushing Congress to authorize more federally funded research into clean energy technologies...
(Bloomberg News) – Nigerian airline Aero Contractors Co., said all flights have been grounded until further notice due to indistrial action by staff over cost-cutting measures....
France’s Total SA is entering the final stages of divesting its assets in Trinidad & Tobago to the National Gas Co. of Trinidad & Tobago Ltd....
The new Black Technology Council recently launched by the the Capital City African American Chamber of Commerce in Austin, Texas and co-chaired by Lola Bakare and...
(PRNewswire) – Port-au-Prince, March 13, 2013 – The government of Haiti announced today that it will use certain Western Union tools that will allow thousands of...
ICANN – The Internet Corporation for Assigned Names and Numbers, the body that regulates the naming systems for websites, has announced plans for major expansion expansion...
(Black PR Wire) – Washington, DC (March 2013) – Ten years ago, African Americans had no way to accurately or reliably determine where they came from...
African-American unemployment remains high at 13.8 percent despite U.S. employers increasing hiring in February, adding 236,000 jobs and pushing the overall unemployment rate down to 7.7...
Offshore oil exploration will be allowed off the Bahamas, the environmental minister said Sunday, adding that a voter referendum on whether to go forward with full...
(Globe Newswire) – Ecobank, the leading pan-African banking group, has been recognized with a Model Bank award from Celent, the financial services, research and consulting firm,...
The National Oil Company of Liberia (NOCAL) has signed an exploration agreement with the Canadian Overseas Petroleum Ltd. (COPL) and ExxonMobil for exploration of Liberia’s offshore...
Recently, Africa.com’s CEO and founder Teresa Clarke was invited to deliver a speech on doing business in Africa to a packed room in the White House,...
Two of the biggest trade unions in Jamaica have signed a contract with the government to freeze wages for state workers for three more years. The...
Senator Chris Coons. PHOTO/Brendan Smialowski/Getty Images Delaware lawmaker says the United States ignores trading opportunities in Africa at its peril. Democratic Senator Chris Coons, who chairs...
Standard & Poor’s (S&P) has raised Jamaica’s foreign and local currency sovereign credit ratings to “CCC+” and out of default. The move comes after the completion...
Ronald E. Childs Award-winning journalist, Ronald E. Childs has been named Executive Editor of The Chicago Defender, one of the oldest African-American newspapers in the United...
Traders on the floor of the Nigerian Stock exchange. PHOTO/File (Reuters) – Nigerian stock market bulls say last year’s surge in share prices will continue throughout...