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...
Aliko Dangote, President and Chief Executive of Nigeria’s Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town...
Wigton wind farm in Manchester, Jamaica. PHOTO/Jamaica Gleaner CARICOM (Caribbean Community) member states have endorsed a regional energy policy that will guide the 15-member grouping in...
Black Enterprise, with support from the Bill & Melinda Gates Foundation, presented “Today’s Business Crisis: Educating Tomorrow’s Workforce”. The symposium and featured dinner was part of...
African tech hub logos Global technology giant, Intel is seeking talent from Africa to expand their business on the continent. Last week, the company entered into...
Oprah Winfrey Talk show host and media entrepreneur Oprah Winfrey has been selected as one of the principal speakers at Harvard University’s commencement. Winfrey, who has...
“Spending Black and Putting Back” is the theme of the Atlanta Business League’s Sixth Annual Congress on the State of Black Business owned Business, March 19,...
The Antigua & Barbuda Investment Authority (ABIA) recently hosted Kirk Laughlin, founder/editorial director of Nearshore Americas, who visited the island-nation last week to gain insight on...
Namibia’s finance minister Tuesday gave corporate and individual taxpayers some relief by lowering taxes while announcing government expenditure increases of nearly 20 percent. “The non-mining company...
Elayne Fluker – founder and CEO of ChicRebellion.tv Elayne Fluker is the founder and CEO of ChicRebellion.tv — the first and currently only Internet TV network...
Pursuant to amendments to the Customs & Excise Duty Act (Kenya) gazetted on 1st February 2012, leading integrated communications service provider Safaricom has effected an upward...
(Reuters) – South Africa, the continent’s top greenhouse gas producer, plans to tax carbon emissions from January 2015, but will introduce some exemptions to protect industry...
Press Release Alaric is working with Transcel on a Development Bank of Jamaica project to create the infrastructure to deliver mobile financial services to the financially...
Trade with Africa – and within Africa – has seen a number of new developments in recent years as new trading partners become more prominent and...
Incoming CEO and President Flowers Communications Group., Rashada Whitehead (Black PR Wire) — Flowers Communications Group (FCG), one of the leading multicultural communications agencies in the...
The latest numbers released by the Planning Institute of Jamaica (PIOJ) have revealed that the economy of the island-nation contracted by an estimated 0.6 percent in...
Ingrid Saunders Jones. PHOTO/Business Wire (Business Wire)– The Coca-Cola Company on Tuesday, announced Senior Vice President of Global Community Connections and Chair of The Coca-Cola Foundation,...
(PRNewswire) — Mara Online, part of the African conglomerate Mara Group, and Plingm, the Swedish mobile VoIP application provider, form a strategic partnership to develop mobile...
East African financial institution, the Kenya Commercial Bank has announced another round of layoffs. This comes 2 years after the bank started reducing on staffing costs...
Earl W. Stafford – serial entrepreneur and philanthropist Earl W. Stafford is an entrepreneur, philanthropist and the founder and CEO of The Wentworth Group, LLC., which...
(PRNewswire) — In line with its strategy to build commodity exchanges across Africa, Africa Exchange Holdings (AFEX) today announced two key appointments for its subsidiary East...
New terminal building at the Norman Manley International Airport in Kingston, Jamaica. PHOTO/Jamaica Gleaner Jamaica intends to privatize the management of the Norman Manley International Airport...
A start-up company from Ghana, SliceBiz, a crowdsourcing investment platform providing alternative funding for start-ups, has been selected as one of the winners of this year’s...
Quincy Jones says he has co-created the music version of Rosetta Stone. The 79-year-old composer-producer launched a new music education application Tuesday called Playground Sessions, which...
The arrival of LTE (long-term evolution, marketed as 4G LTE) in many African markets, will provide Video on Demand service providers with increased opportunities, and the...
Aliko Dangote The CEO and President of the Dangote Group, Aliko Dangote has urged African business men and women to increase their investment stake across the...
BET Founder Robert Johnson (l) with Tracey Edmonds. PHOTO/Getty Images Black Entertainment Television (BET) founder Robert Johnson, alongside his RLJ Companies group is planning on venturing...
Central Africa, one of the regions that has recorded the slowest progress in regional integration despite huge natural resources, is seeking to forge a harmonized regional...
Mocality, a small business listing directory, with a footprint in Kenya and Nigeria will be shutting down operations on February 28. The announcement came via the...
Africa’s chief attraction is that it has been growing while richer regions have stalled. Its demographic prospects are promising, too. As America, Europe and China age,...
The 15-nation Caribbean Community (CARICOM) will be funding all future negotiations itself, according to Guyana’s Foreign Minister Carolyn Rodrigues-Birkett. This stance comes as concerns linger that...
David Tarver David Tarver co-founded his first company Telecom Analysis Systems (TAS), a manufacturer of advanced telecommunications test instruments. in 1983. Under his stwardship, Telecom Analysis...
A recent report entitled “Emerging Markets Opportunity Index: high growth economies” has ranked South Africa as the leading emerging economy on the African continent, with Nigeria...
Standard & Poor’s (S&P) and Fitch have each downgraded Jamaica’s credit rating following the country’s announcement of a debt exchange offer on Monday night. Fitch downgraded...
(Globe Newswire) — Nano Labs Corporation, a nanotechnology research and development company focused on creating a portfolio of advanced products that could provide benefits to a...
Caribbean Community (CARICOM) countries are being urged to review their visa regimes so as to lure more visitors to the region. The recommendation comes from the...
Feysan Lodde – Co-Founder, Owner and Director MV Transportation, Inc. Feysan Lodde is a co-founder, owner and director of MV Transportation, Inc., – the largest privately...
The government in the Bahamas has ordered its various departments and agencies to cut 10 percent from their budgets in response to serious challenges facing public...
(Reuters) – Uganda plans to build an inland port on Lake Victoria near its capital Kampala to reduce its near-total dependence on Kenya’s Mombasa, plagued by...
Jamaican Prime Minister Portia Simpson-Miller Jamaica’s political and business community Tuesday gave a cautious response to the call by Prime Minister Portia Simpson-Miller for nationals to...
By Brian Laung Aoaeh Africa is experiencing a boom in entrepreneurship due to proliferating Internet and mobile computing technologies. Simultaneously African startups face the often life-threatening...
(PR Newswire) – IBM today announced that MoDe (mobile decisioning) was named the IBM Global Entrepreneur of the Year. Based in Nairobi, Kenya, MoDe provides instant...
Zora Ball. PHOTO/Harambee Institute of Science and Technology Meet Zora Ball, who at 7 years old is the youngest person to create a mobile video game...
Oil workers repairing pipelines at Okrika Jetty in River State Nigeria. PHOTO/File Exxon Mobil PLC has warned that it won’t be able to meet its production...
Trinidad & Tobago’s oil and natural gas resources have made it one of the larger economies of the Caribbean, but a recent analysis in Petroleum Export...
The value of mergers and acquisitions for sub-Saharan African targets rose by 18 percent to US$25 billion last year. About half or US$12 billion worth of...
African American business owners made enormous strides during the early 2000s, as revealed by an infographic below from CreditDonkey.com. Courtesy of: CreditDonkey According to the illustrated...
Kenyan Pilot, Captain Irene Mutungi. PHOTO/File Given the rate of expansion in the aviation industry on the continent, it is a sector that will continue to...
Earvin “Magic” Johnson. PHOTO/File NBA legend and business mogul Earvin “Magic” Johnson, multi-Grammy Award-winning musician, actor and philanthropist Common, and Black Entertainment Television (BET) chairman and...
Research shows mapping is creating jobs and driving global economic growth. A few years ago, we used paper maps and printed guides to help us navigate...
(Newswire) – CHARGE Anywhere LLC, a leading provider of award-winning, secure mobile payment applications and payment gateway solutions, announced the signing of a distribution partnership with...
Jamaican and Japanese officials on Monday launched a pilot project designed to investigate whether rare earth elements can be commercially extracted from the island’s bauxite waste....
In corporate boardrooms and global-investment seminars, more CEOs and business leaders are talking about Africa. That much was evident at a recent New York Stock Exchange...
Queen Latifah. PHOTO/Stephen Lovekin/Getty Images Queen Latifah’s production company, Flavor Unit Entertainment, has signed a deal with Netflix. Latifah, an entertainer as well as an entrepreneur,...
Strike-hit and top global platinum producer Anglo American Platinum (Amplats) reported this week, a switch into a steep operating loss in 2012 amid surging operating costs,...
Chinese phone maker Huawei and Microsoft are combining forces to sell a new smartphone in Africa, which they say is the world’s fastest growing mobile phone...
Thomas Tewoldemedhin – Founder, President, and CEO of TNTech Canada Thomas Tewoldemedhin is the founder, President, and CEO of TNTech Canada. Tewoldemedhin is a successful young...
Kingston Harbor, Jamaica. PHOTO/File Jamaica has launched ambitious plans that if implemented will turn the island-nation into the global logistics hub for the Americas and position...
(Reuters) – Zambia’s mines and energy said on Monday the government would revoke oil exploration licences of companies that had been awarded them but had not...
New Morehouse College president, Dr. John S. Wilson Jr., has his work cut out for him as Moody’s downgrades credit rating. Morehouse College, the alma mater...
Job applicants fill out applications for positions at a new bar and restaurant in Detroit. PHOTO/Paul Sancya/AP Employers in the United States added 157,000 jobs in...
Delores Lawrence – Founder, President and CEO NHI Nursing & Home Health Care Inc. Delores Lawrence is the Founder, President and CEO of NHI Nursing &...
Nairobi, Kenya Companies looking to expand into Africa should seriously consider setting up shop in Accra in Ghana, Lusaka in Zambia and Luanda in Angola. A...
Mobile telecommunications providers Digicel and Landline Internent Mobile Entertainment (LIME) have today announced that they will be carrying the newly launched BlackBerry Z10 smartphone powered by...
Patrice Motsepe, founder and chairman of African Rainbow Mineral Ltd. PHOTO/Simon Dawson/Getty Images South African mining billionaire Patrice Motsepe announced Wednesday he would give half his...
The move will have far reaching implications and may adversely affect the growth of the financial centers in the Caribbean. The United States Department of the...
Richard Lecky in action. PHOTO/Jamaica Gleaner (Newswire)–Richard Lecky, also known as A-Wire, is a pro BMX rider from Portmore, Jamaica – a populous suburban community next...
iROKOtv, the online distributor of Nigerian movies, and Africa’s largest online movie platform, has announced the launch of a brand new mobile app for the platform,...
People of The Bahamas voted overwhelming in a national referendum on Monday to reject proposals legalizing web-shop gambling and a national lottery. Preliminary results showed that...
Aliko Dangote With Dangote’s first cement plant in Zambia set to be completed later this year, a senior company executive has said that plans for another...
Americans call it piracy. Antiguans call it justice. The islands of Antigua & Barbuda are threatening to strip intellectual property protections from American goods as part...
Citizens in the Bahamas are voting in a referendum Monday on whether or not to legalize web-shop gambling and a national lottery following a campaign that...
(Reuters) – Kenya and Uganda said on Monday they were looking for a strategic private investment partner to build and operate a pipeline to transport refined...
Jean S. Desravines. PHOTO/Jami Saunders Jean S. Desravines is the Chief Executive of New Leaders Inc., – a non-profit organization that recruits and develops leaders to...
Despite a drop in the number of private equity deals in Africa in 2012, the value of the deals increased. The rise in value is attributed...
Roland Martin (Business Wire)–The National Association of Black Journalists’ (NABJ) President Gregory H. Lee Jr. announced that he appointed Roland Martin to serve as the Honorary...
Haiti’s Prime Minister Laurent Lamothe (pictured), says his country is hoping to attract high-end tourists and multinational investors — instead of constant aid handouts — so...
Christopher Smith, a doctoral student in biomedical engineering, looks at stem cell samples through an inverted microscope in a lab at the Johns Hopkins University. PHOTO/Patrick...
(Reuters)- Antigua & Barbuda will tell the World Trade Organization (WTO) on Monday that it intends to use trade sanctions against the United States, which it...
Keith Clinkscales. PHOTO/Carmen Troesser/The Journal News/Gannett News Service Serial entrepreneur Keith Clinkscales, the former CEO and founder of Vanguarde Media, which published Honey, Savoy, Heart &...
(News Release) – A new initiative through West Virginia State University (WVSU) Extension Service is expanding opportunities and resources for African Americans across the state. The...
In a bid to encourage more innovation and entrepreneurship in Kenya, the government has partnered with a local business incubator, Nailab to launch a KSh 140...
Elementary school children in Ethiopia with their inexpensive OLPC (One Laptop per Child) laptops. PHOTO/Petterik Wiggers/PANOS Africa is the Most Dynamic eLearning Market on the Planet...
Government officials in The Bahamas have revealed that they are reviewing the U.S. Foreign Account Tax Compliance Act (FATCA) in a move that suggests that the...
Aliko Dangote, President and Chief Executive of Nigeria’s Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town...
(PRNewswire via COMTEX) — eVolution Networks, a leading provider of innovative software solutions for the telecom industry, announced today that the Digicel Group, the leading mobile...
The Netherlands Antilles-based West Indies Power Nevis says it is appealing a recent court ruling that the Nevis Island Administration says allows it to now cancel...
Christopher Smith, a doctoral student in biomedical engineering, looks at stem cell samples through an inverted microscope in a lab at the Johns Hopkins University. PHOTO/Patrick...
Artistic Impression of the Konza Techno City. IMAGE/File Konza technology city – the Kenya version of “Silicon Valley” is to be officially launched on Wednesday January...
Sam Egonu – Founder and Executive Director 180 Change Street. PHOTO/CBC Sam Egonu is the founder and Executive Director of of the Toronto youth program 180...
International credit rating agency, Moody’s Investors Service, has affirmed Trinidad & Tobago’s Baa1 government bond rating, adding that the twin-island republic’s economic outlook “remains stable”. The...
The owner of a salvage company in the Bahamas says crews are trying to contain roughly 3,785 liters (1,000 gallons) of oil that spilled into the...
The Barbados Workers Union (BWU) has welcomed the agreement reached during the early hours of Saturday with the telecommunications company, Cable and Wireless (Barbados) Ltd (operating...
Traders on the floor of the Nigerian Stock exchange. PHOTO/File The Nigerian capital market has shown significant resurgence from the depth it fell in 2008 and...
The Cayman Islands, which are also an offshore financial center, is planning to open thousands of companies and hedge funds domiciled on the territory to greater...
Ethiopian Airlines has grounded its four Dreamliners. This comes after the Federal Aviation Administration (FAA) in the United States ordered a safety review of the aircraft,...
The government of Jamaica confirmed on January 14, 2013, that it had taken the necessary steps to begin implementing the tariff liberalization aspects of the CARIFORUM-European...
Eddie C. Brown – founder and CEO Brown Capital Management. PHOTO/Nicholas Griner Financial guru, Eddie C. Brown is the founder, Chairman and CEO of Brown Capital...
The Ghana Export Promotion Authority has rolled out a geographical mapping of companies to create a database for a national product trace-ability system, as the country...
Discovery could help Jamaica challenge China. Jamaica may be able to benefit from newly found deposits of rare-earth elements that are key ingredients for smartphones, computers...
Barbados is forecasting less than one percent real economic growth for 2013 up from “no real growth” in 2012. The Central Bank of Barbados said that...
(PRNewswire) — Ghana Gold Corporation is pleased to announce it has acquired 100 percent of West African Projects Consult Ltd. (WAP). Ghana Gold Corporation will benefit...
Anglo American Platinum (Amplats), the world’s top platinum producer has revealed that it would cut 14,000 jobs in a broad restructuring of its strike-hit South African...
The finance minister of Jamaica says negotiations to forge a new agreement with the International Monetary Fund (IMF) are nearly complete. But Peter Philips says there...
A new report by the African Development Bank (AfDB) has proposed uniform fiscal and macro-economic policies in the 19 states of Eastern and Southern Africa even...
Haiti, a member of the 15-nation Caribbean Community (CARICOM) grouping has been re-building since the earthquake struck on 12 January 2010.
Kenya is among African markets considered a favored destination for private equity investments in 2013 while Tanzania and Rwanda will be favorites in East Africa, according...
Best Western Hotel Construction in Haiti. PHOTO/File St. Lucia Prime Minister, Dr. Kenny Anthony believes the recovery efforts in Haiti after the devastating earthquake in 2010...
Barbados and Sweden have signed a protocol to amend the Convention for Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes...
Lawrence Carpenter – founder Owner and CEO, Super Clean Profesional Janitorial Services. PHOTOGRAB/Vimeo.com Young African American men, especially ex-offenders, face high obstacles to employment. That is...
Jamaican Prime Minister Portia Simpson-Miller Jamaican Prime Minister Portia Simpson-Miller says it is “necessary” for Jamaica to secure an agreement with the International Monetary Fund (IMF)...
(Reuters) – Impala Platinum, the world’s second-largest platinum miner, has agreed to sell a majority stake in its Zimbabwe unit to local black investors for US$971...
The Barbados Workers Union (BWU) says it will “definitely” embark upon industrial action after efforts to get the telecommunications company – the Landline, Internet, Mobile, Entertainment...
Michael Macharia., founder & Group CEO, Seven Seas Technologies Kenya’s Michael Macharia is the founder and Group CEO of Seven Seas Technologies, one of East Africa’s...
Job applicants fill out applications for positions at a new bar and restaurant in Detroit. PHOTO/Paul Sancya/AP African-American unemployment continued to rise despite an increase in...
Uganda joins Angola in implementing 4G technology which will provide subscribers and businesses faster Internet access and data speeds. (More: Angola beats Europe and parts of...
Larry Seruma, founder and Chief Investment Officer of Nile Capital Management LLC (Business Wire) — Nile Capital Management LLC is proud to announce that its flagship...
Freeman A. Hrabowski III. PHOTO/IUPUI Freeman A. Hrabowski, III has been named the 2013 Black Engineer of the Year. Dr. Hrabowski, has served as president of...
Jason Njoku, founder and CEO, iROKO Partners iROKO Partners, the world’s largest online distributor of Nigerian movies and music, continues its phenomenal growth with the opening...
Robert L. Johnson. PHOTO/File “My goal is to make RLJ Thompson the largest minority owned transportation company in the country.“ –Robert Johnson Former BET founder, chairman...
The government of St. Lucia has indicated that while it is anxious to bring closure to the wage and salary negotiations involving public servants, it will...
Transactions on Kenya’s latest mobile banking innovation, M-Shwari, crossed the KSh1 billion (US$11.6 million) mark at the close of 2012 in an overwhelming uptake that could...
With new shows on the way, including six from Tyler Perry, 2013 looks pretty good.
Breanna Collins was one of 14 girls who built a video game at the Black Girls Code session in the fall of 2011. PHOTO/Black Girls Code...
Claudja Williams, founder and strategic director of RateBee Are you a Jamaican or international investor in Jamaica or in the diaspora looking and shopping for the...
Isaac Olowolafe Jr. – President & CEO of Dream Maker Realty Inc. and Dream Fund Holdings Dream Maker Realty under the stewardship of Isaac Olowolafe Jr.,...
Tyrone Wilson, founder and CEO eMedia Interactive Ltd Jamaica’s Tyrone Wilson is the founder and CEO eMedia Interactive Ltd – the first new media company in...
Rescue workers search at the site of a plane crash in Lagos, Nigeria on June 3, 2012. PHOTO/Sunday Alamba/AP Dana Air – the Nigerian airline involved...
Pan-African Industrialist.,Tribert Rujugiro Ayabatwa (PRNewswire) – The Pan African Tobacco Group announced on January 3 that its founder, industrialist and entrepreneur Tribert Rujugiro Ayabatwa, will retire...
(NationNews Barbados) – Barbados’ telecommunications provider Landline, Internet, Mobile, Entertainment (LIME) has announced that it will be laying off 97 employees. LIME Managing Director Alex McDonald...
Traders on the floor of the Nairobi Securities Exchange Annual market performance statistics released by the Nairobi Securities Exchange indicate that the benchmark the Nairobi Securities...
Cedric Walker, founder and CEO of UniverSoul Circus Cedric Walker is the founder and CEO of the UniverSoul Circus – a company and circus that he...
The Barbados Central Bank has revealed that a Working Group to negotiate an inter-governmental agreement (IGA) with the United States within the next six months to...
WASHINGTON (CMC):An International Monetary Fund (IMF) working paper says since growth in the current global economic environment is "virtually non-existent", significant fiscal consolidation is inevitable in...
Oil rig in Uganda. PHOTO/Tullow Oil Uganda and Kenya are both individually expected to introduce new licensing for oil and gas exploration in 2013. Uganda first...
U.S. President Obama on MSNBC’s “Meet the Press” that aired on Dec. 30 2012 U.S. President Barack Obama has warned squabbling lawmakers that they must reach...
Africa-based private equity funds will be seeking new strategic partners in 2013 to improve their capacity to finance bigger deals to meet growing demand for funding...
A Shopper in Kampala, Uganda. PHOTO/Panos /Mikkel Ostergaard Not too long ago, Africa was derisively referred to as the “dark continent” by many in the developed...
Verone Mankou with his Way-C tablet. PHOTO/AFP/Getty Images A tablet and smartphone said to be the first designed by an African company have been officially launched....
(Telecompaper) – Digicel Jamaica will be sponsoring a new Press Association of Jamaica (PAJ) Special Award for Excellence in Technology reporting with a focus on ICT....
iROKOtv, Africa’s largest online platform for streaming movies celebrated its first anniversary last week. iROKOtv has invested in building the world’s largest library of Nollywood movies...
There has been much publicity this shopping season about supporting African-American-owned stores and businesses in the United States. It was made a little easier for shoppers...
A drill worker listens for the bit, hundreds of feet underground, during exploratory drilling for minerals and metals Haiti. PHOTO/Dieu Nalio Chery/AP Haiti announced Friday that...
A view of Auckland, New Zealand from Nigeria’s satellite – the NigeriaSat-X Economic Boom Fuels Ghana’s, Nigeria’s, Kenya’s —and Continent’s—dream of building telescopes and satellites to...
Barbados Prime Minister Freundel Stuart Moody’s Investors Services has downgraded Barbados’ credit rating to Ba1 from Baa3 citing the country’s lukewarm economy and rising government debt...
The scrap metal trade which was suspended in Jamaica eighteen months ago is now scheduled to resume early in the New Year. Industry Minister, Anthony Hylton...
South Africa’s governing African National Congress (ANC) political party says that nationalization of private businesses is “off the table.” Public Enterprises Minister Malusi Gigaba made the...
iROKING, which is said to be Africa’s number one music site is partnering with Eskimi – one of Africa’s leading mobile social networks to bring music...
Robert Johnson Business man and entrepreneur, Robert Johnson, renewed his call for President Obama to address the gaping employment gap that has long separated black and...
Tony Elumelu Nigerian Tony Elumelu has been named by the Corporate Council on Africa as African Business Leader of the Year. Elumelu was honored at the...
Net foreign direct investment (FDI) in St Lucia has risen by 81.6 percent this year compared to 2011, the largest increase in the Caribbean this year,...
There are brilliant business leaders in Africa not only who are among the most successful entrepreneurs in the world, but who are giving to others as...
Haiti is projected to lead the Caribbean in gross domestic growth (GDP) growth in 2013, according to a new report from the United Nations Economic Commission...
(Reuters) – Moody’s Investors Service on Friday downgraded its sovereign credit rating for the Bahamas by one notch to BAA1, leaving the Caribbean nation in the...
(Reuters) – Mozambique plans to take advantage of massive gas reserves to develop domestic industries as well as export liquefied natural gas, boosting government revenue by...
Wigton wind farm in Manchester, Jamaica. PHOTO/Jamaica Gleaner With the exception of oil rich Trinidad & Tobago, most, if not all, other Caribbean island-nations are extremely...
Trinidad & Tobagos’ Republic Bank has confirmed that it has acquired an 8.9 percent stake in HFC Bank in Ghana. According to the Republic bank’s CEO,...
Ugandan App developers (left to right): Joshua Okello, Josiah Kavuma, Aaron Tushabe and Joseph Kaizzi. PHOTO/Aaron Tushabe Three Ugandan university students have won a US$50,000 grant...
Traders on the floor of the Nigerian Stock exchange. PHOTO/File Stock markets in Africa have been making steady progress recently over the past decade despite the...