This Venture Capital Fund caters to pre-seed, seed and Series A startups while servicing an underrepresented segment of women vying for more representation and funding opportunities....
Bloomberg | Nigerian President Muhammadu Buhari asked the Federal Inland Revenue Service (FIRS) to explain its failure to meet tax-collection targets since 2015, after persistent shortfalls....
By Jake Bright Nigerian freight logistics startup Kobo360 has raised a US$20 million Series A round led by Goldman Sachs and US$10 million in working capital...
By Moses Dzawu A service that allows people to withdraw or deposit cash by text has become an indispensable part of life. Bloomberg | It...
Reuters | Africa’s largest oil refinery will not be finished until the end of 2020 due to problems importing steel and other equipment, executives at Dangote,...
Barbados is looking to enter into a double taxation agreement and a bilateral investment treaty with Kenya. Barbados Prime Minister Mia Mottley shared this information with...
By Shoshana Kedem Countries across the continent are racing to develop innovation hubs in a bid to attract the global and regional talent needed to become...
Investor and philanthropist to discuss entrepreneurship and his commitment to leveraging technology to expand access to opportunities for all members of society. Press Release | MINDBODY,...
Reuters | Nigeria’s state oil company plans to partner with a private refinery under construction on the shores of Lagos to turn the oil-producing country into...
The African Development Bank (AfDB) has provided a US$4.8 million grant to support the African Union’s efforts to roll out the continental free-trade area. The grant...
By Harry G. Broadman The African Continental Free Trade Agreement will not remedy all of Africa’s deepest problems. But it could well be an economic...
Allen Media Broadcasting LLC officially assumes control of CBS, NBC, and FOX broadcast television affiliates in 2 Markets in Indiana and Louisiana PRNewswire | Entertainment...
By David Blackmon Nothing is ever easy or simple in the world of international offshore oil and gas development. That axiom is proving to be true...
Reuters | A subsidiary of MTN Nigeria has been awarded a licence by the country’s central bank that would allow it to provide financial services, the...
Kenya has joined South Africa in voicing its support for China’s beleaguered telecoms giant Huawei, saying it will not be influenced by decisions made about the...
Based in Atlanta, Jalen Uboh is only 23-years old, but he already owns a fleet of 4 semi-tractor trailers. Although being very young, he has already...
Reuters | Kenya’s parliament voted on Tuesday to nationalize the country’s main airline Kenya Airways to save it from mounting debts. The loss-making airline, which is...
The Canadian Press | Houston Rockets star James Harden has joined the ownership group of the Houston Dynamo, Houston Dash and BBVA Stadium. The 29-year-old Harden...
By James Hedley Taking a long view on the future economy of Africa is something that’s being adjusted, thanks to a combination of factors including technology...
Reuters | Robert F. Smith and his private equity firm Vista Equity Partners has raised US$850 million for a 2nd fund dedicated to investing in early-stage...
With a whopping gross domestic product (GDP) of US$1.8 trillion, countries in sub-Saharan Africa are on the cusp of economic transformation, with the imminent coming on-stream...
“If malaria is an African problem, African countries must find their own solutions.” – Ginette Karirekinyana. “I think more local initiatives to combat malaria should be...
Business Wire | Ariel Investments, LLC Founder, Chairman and CEO John W. Rogers, Jr. last week announced that current President Mellody Hobson has been elevated to...
Press Release | American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American financial institutions, has announced that Citizens Trust Bank located...
Kenya’s communication and financial sector regulators have warned against parliament’s quest to split mobile money transfer services off from telecoms operators, Business Daily reported. The Ministry...
AP | Jada Pinkett Smith and Will Smith are looking to expand their brands under a new corporate umbrella. The Hollywood power couple on Wednesday announced...
South African President Cyril Ramaphosa has reappointed Lesetja Kganyago as governor of the Reserve Bank and named 2 deputies from his existing team, ending uncertainty about...
Airtel Africa has completed its listing on the Nigerian Stock Exchange, in a flotation that valued the mobile operator at ₦1.36 trillion (US$4.4 billion). This makes...
AP | The publisher of the storied African American newspaper Chicago Defender has announced it will no longer publish a print version. In announcing the move...
Ethiopia will award 2 telecoms licenses to multinational mobile companies, Reuters reported, citing a senior official.
Reuters | African leaders will decide on Sunday which nation will host the headquarters for a continental free-trade zone that aims to eventually unite the continent’s...
The U.S. Small Business Administration (SBA) is offering US$1 million in prize money that could help black-owned small businesses locate and hire qualified workers. Finding capable...
In an effort to boost economic growth in Africa’s most populous country, Nigeria is giving its banks a choice: lend more of their money, or hand...
The world’s 2nd largest stock market NASDAQ, has named Guyana as the fastest growing economy in the world. In a report, NASDAQ said that with a...
The Economic Community of West African States (ECOWAS) has agreed on the name “ECO” for the single currency to be used in the region, the 15-nation...
The cultural implications of restricted access to capital was the theme of the Iconoclast Dinner Experience’s “Impolite Conversation” event held in Midtown Manhattan a few Thursdays...
The United States of America has reaffirmed its commitment to increase trade with Africa after it emerged that imports to the continent have fallen by 32...
Beijing will tilt more resources under the China-proposed Belt and Road Initiative (BRI) toward Africa, China’s Foreign Minister Wang Yi told a gathering of African dignitaries...
AP | Jamaica’s central bank thinks the country’s economy is doing very well and it is using an instantly recognizable symbol of the island-nation to get...
Kenya’s government is in favor of a proposal by lawmakers to nationalize Kenya Airways Plc., after they rejected the airline’s bid to run the nation’s biggest...
Reuters | Nigeria will consider the interests of its industries in deciding whether to sign up to a US$3 trillion Africa free-trade agreement, President Muhammadu Buhari...
AFP | The money transfer business is personal for Ismail Ahmed. It was cash wired by his family that allowed him to make the final leg...
Reuters | Ethiopia will split its state telecoms provider into 2 businesses before it is privatized, state-affiliated media reported on Monday, a key part of government’s...
By Jacqueline Charles Just 7 years ago, Jamaica was an “economic basket case”. The government was bleeding so much red ink it could not fix potholes...
The African Development Bank (AfDB) and its partners launched the Africa Digital Financial Inclusion Facility (ADFI), designed to aid safety and expansion of digital financial transactions...
AFP | Leeward Island Air Transport (LIAT), has been saved from going under – at least for now – by a rescue plan led by the...
The Democratic Republic of Congo (DR Congo) has formally applied for admission to the six-member East African Community (EAC). The vast natural resource-rich central African country...
By Benjamin Mullin Viacom Inc.’s BET Networks is preparing to launch a streaming-video service aimed at African-American audiences, according to people familiar with the plans, as...
By Stuart Jackson When it comes to fintech, the center of the world is not the United States or the UK or Europe, it’s Africa. This...
Mahisha Dellinger – a millionaire, helping other black women succeed Mahisha Dellinger had a rough childhood. Dellinger says she grew up poor on the Southside of...
Once the zones are in operation, they will facilitate a seamless “plug and play” framework for investors to create and nurture new industries. Jamaican Prime Minister,...
By Yinka Ibukun and Gwen Ackerman The fading façades of century-old buildings in a neighbourhood of the Nigerian megacity of Lagos house a vibrant technology cluster...
Reuters | China is ready to negotiate a trade deal with the 6-nation East Africa Community (EAC) to address Kenya’s complaints about a huge trade imbalance...
The President of the Caribbean Development Bank (CDB), Warren Smith says the Caribbean is running out of time to achieve the Sustainable Development Goals (SDGs) by...
Acres Agri, a Vincentian-based company, is continuing its preparation towards the full realization of the establishment of the medicinal cannabis industry in St. Vincent & the...
AP | Jay-Z has become the world’s first rapper billionaire, according to Forbes. The 49-year-old media mogul, whose real name is Shawn Carter, is one of...
Business Wire | To celebrate Black Music Month in June, the National Museum of African American Music (NMAAM) is reflecting on the past year in music...
By Noah Smith Contrary to expert opinion, manufacturing could lead the way When people tell me that Africa will be the new China, I am not...
Reuters | South African Airways said on Sunday that its board has accepted the resignation of Chief Executive Vuyani Jarana, who has been at the helm...
The Jamaican government has said it would support investors in their quest to penetrate the Caribbean Community (CARICOM) market, which it said “sometimes can be a...
Nigeria’s Dangote Group, for the 2nd year running, has emerged the most admired African brand. A survey of 100 Africa best brands, announced in Johannesburg at...
Exxon Mobil Corp., has revealed that oil major along with its partners have made an oil discovery offshore Guyana, which adds to the previously estimated 5.5...
Reuters | South Africa’s long-delayed carbon tax has been enshrined in law, the treasury said on Sunday, as one of the continent’s worst polluters transitions to...
PRNewswire | Bed Bath & Beyond Inc. earlier this month announced that Mary A. Winston, a seasoned public company executive who recently joined the Bed Bath...
By Charlotte Edmond Just 3 decades ago, Ghana was in crisis; impoverished and suffering famine, it was on the verge of economic collapse. Fast-forward to the...
Business Wire | The National Black MBA Association (NBMBAA)® announced this year’s regional dates for its 2019 Scale-Up Pitch Challenge, in partnership with Google and Georgia...
Wigton Windfarm Limited is now listed on the Jamaica Stock Exchange (JSE) – the world’s best-performing stock market. The listing, which took place yesterday – May...
Reuters | Private equity fund Vista Equity Partners has emerged as 1 of 4 U.S. bidders vying for a majority stake in WPP’s data analytics firm...
Tata Communications Transformation Services (Tata) said it is partnering with Africa Development Solutions (ADS Group) to facilitate building a fiber infrastructure backbone across Africa. Tata will...
Jamaican showed off B-Nano prototype at Paris tech fair. Usain Bolt unveiled a small electric car with a swappable battery at a Paris tech fair, as...
Reuters | MTN Nigeria, owned by South Africa’s MTN Group, listed in Lagos on Thursday in a ₦2 trillion (US$6.54 billion) flotation turning the telecoms company...
Kenya, the world’s largest exporter of black tea, plans to boost output from agriculture to Ksh3.9 trillion (US$39 billion) from Ksh2.9 trillion (US$29 billion), through a...
Business Wire | Bullhorn, the cloud computing company that helps staffing and recruiting organizations transform their businesses, announced today that National Basketball Association legend and businessman...
MTN Group Ltd.’s Nigerian unit may list shares in Lagos next week, according to 2 people familiar with the matter, almost 3 years after agreeing to...
Trade between Africa and China saw growth during the last decade while the same trend was reversed between the continent and the United States, which seems...
Byron Allen, the comedian-turned-businessman, is not wasting any time. After taking part in Sinclair Broadcast Group Inc.’s US$9.6 billion acquisition of the Fox regional sports networks...
Press Release | Emmanuel Gabriel, a 41-year-old Nigerian tech expert, has developed a global Artificial Intelligence (AI) platform, known as ‘OBTranslate‘, for over 2,000 African language...
Jamaica and other Small Island Developing States (SIDS) are embracing renewable energy as part of their plans to become decarbonized in the coming decades. The Prime...
Press Release | Black News Channel (BNC), the only African American news network in the United States, last month revealed its new brand identity and logo...
Leeward Islands Air Transport (LIAT) in the air in spite of its financial challenges. That commitment is coming from the regional airline’s chief executive officer (CEO)...
By Shoshana Kede African leaders arrived in Beijing last week for the 2nd Belt and Road Summit, lured by the promise of billion-dollar infrastructure deals with...
SM@RT, a US blockchain-based sustainable economic development company, has announced the pre launch of “SM@RT BARBADOS™. This new strategic initiative has 2 purposes. It will introduce...
Kenyan operator Safaricom chief executive Bob Collymore plans to step down in August for health reasons, but the government’s insistence he should be succeeded by a...
Tamairo Moutry, a very successful real estate broker/CEO has been appointed as the president of the National Association of Real Estate Brokers (NAREB) – The...
KAI Enterprises, an integrated architectural, engineering and construction services firm, has acquired woman-owned Fratto Engineering, Inc. based in Arlington, Texas. Founded in 1997, Fratto Engineering specializes...
The Central Bank of Trinidad & Tobago (CBTT) says it is conducting a survey to determine the adequacy of financial institutions’ cyber security, to ascertain what...
By Jeffrey Gogo Remittances have become a lifeline for many people in sub-Saharan Africa, but the cost of sending money via banks and money transfer operators...
Ice Cube’s underdog bid to acquire 21 regional sports networks from Walt Disney Co. just got some more VIP support. Magic Johnson, the NBA Hall of...
Caribbean governments are looking towards securing financial assistance from an external financial institution for the regional transportation sector amid concerns that shareholder governments may be forced...
By Ed Kennedy The future of the Caribbean is digital. The rise of the online economy is set to grow new businesses and transform existing ones....
Ghana cut its forecast for the current season’s cocoa harvest by 6 percent because of plant disease in its biggest growing region, according to two people...
By Thomas Heath Lisa Wardell dared to take risks, meet people from diverse backgrounds and put herself into uncomfortable situations. She learned from that discomfort. “Your...
AFP | An artificial intelligence (AI) research laboratory opened by Google in Ghana, the first of its kind in Africa, will take on challenges across the...
Money sent by immigrants to their home countries in sub-Saharan Africa reached a record $41 billion in 2017. This represents a 10% jump in remittances from...
The cash-strapped Antigua & Barbuda-based regional airline, leeward airlines air transport (LIAT), has revealed that despite pilots and its workers across all its destinations agreeing to...
Zambia’s transport and communications Permanent Secretary Misheck Lungu said the project to erect 1,009 new communications towers has passed over 600 towers constructed so far, Lusaka...
Jamaicans will have the opportunity to purchase shares in Wigton Windfarm Limited, when the initial public offering (IPO) opens on April 17. Eleven billion shares at...
“I don’t know any other African-American, women-owned companies in this industry,” Cora Williams said. “It’s very uncommon.” Cora Williams is a female business owner defying the...
Africa’s largest online retailer Jumia’s shares soared more than a third on their first day of trading in New York, as the Africa-focused retailer gained support...
By Monique Greenwood Despite the lack of funding, black women are the fastest-growing group of entrepreneurs today. Here’s why. Most women under the age of, say,...
By Charlie Robertson What grabbed my attention is that Ghana is expected to be the fastest growing economy, not just in Africa but in the world!...
AP | Johnson Publishing Co., former owner of the iconic Ebony and Jet magazines that helped changed the negative image of black people portrayed by U.S....
Business Wire | RLJ Equity Partners LLC (“RLJ”), an affiliate of the RLJ Companies, has acquired a majority interest in Virteva, LLC (“Virteva”). Founded in 2005,...
Akon Lighting America partners with AI leader Group A MondoBrain to provide most-accurate and sustainable energy solutions throughout Africa and America Business Wire | Philanthropist, business...
Press Release | Fly Jamaica Airways, a Jamaican airline with “Greenhart” as its callsign, has laid off employees and ceased operations. In a letter send to...
Excitement was palpable throughout the region as the dream for a continental free trade area in Africa got the final ratification needed to become a reality...
Reuters | Nigerians searching for their dream home to buy or rent are turning to the internet in droves, leading to a surge in the number...
By Chris Matthews After decades of neglect, much of Ghana’s railway network has fallen into disuse or is in need of repair. A US$21 billion plan...
Press Release | PlanSource, a leading provider of cloud-based benefits administration technology, earlier this week announced it has entered into a definitive agreement to be acquired...
Press Release | The contemporaneous malfunctioning of 3 social media giants on March 13, 2019 left business & common users alike with deep concern about the...
Record alumina prices have drawn in new investments, fueling a resurgence in the industry. There’s nothing new-fangled about bauxite mining in Jamaica. The railcars that shuttle...
Business Wire | Lincoln Financial Group announced today that Allison Green, senior vice president, chief diversity officer and head of employee engagement, was included in Black...
Nigeria plans to spend US$20 billion on infrastructure over the next 10 years and will introduce an infrastructure bond in 2019 as Africa’s biggest oil producer...
Press Release | The African Development Bank, heads of 34 leading financial institutions covering Africa and other partners of the Africa Investment Forum reaffirmed their commitment...
The East African | Nigerian logistics start-up Kobo360 is set to launch its operations in East Africa. Ife Oyedele II, Kobo360 co-founder said the company would...
Business Wire | After a successful soft launch and rapid growth in Mauritian, African and international members over the last 4 months, the Mauritius Africa FinTech...
The Caribbean Development Bank (CDB) says despite projections of deceleration in global economic activity, the 2019 economic outlook for its borrowing member countries (BMC) is positive....
AFRICATECH, a new event dedicated to propelling the continent towards the 4th industrial revolution, will be held this year at AfricaCom. Organizers of AfriCom, the largest...
The African Union Commission (AUC), the African Development Bank (AfDB) and the Economic Commission for Africa (ECA) will present recommendations that emanate from one of its...
PRNewswire | Denny’s Corporation – one of the world’s largest full-service family dining chains, today announced a partnership with Earvin “Magic” Johnson. With Johnson’s support, Denny’s...
A tomato-paste factory owned by Africa’s richest man, Aliko Dangote, resumed production in Nigeria’s northern state of Kano after staying idle for more than 2 years...
Press Release | Vista Credit Partners (“VCP”), a strategic credit investor and financing partner focused on the enterprise software, data and technology market, announced last week...
The Barbados-based Caribbean Development Bank (CDB) says the medium-term outlook for Jamaica “is positive” with 1.7 percent growth projected for the financial year 2018-19. In its...
Trinidad-based Republic Financial Holdings Ltd (RFHL) Wednesday announced it had acquired the majority interest in the Cayman National Corporation Ltd (CNC) at a cost of US$198.4...
Stakeholders for cash-strapped carrier Leeward Islands Air Transport (LIAT) have reportedly made progress in talks on a restructuring plan that could see all parties bearing some...
Africa’s largest online retailer Jumia started a plan to sell shares in New York as the fast-growing Nigerian firm seeks to take advantage of rising internet...
African smartphone shipments grew year-on-year in 2018 for the first time since 2015, despite last year being a tough one worldwide, according to the International Data...
Trinidad & Tobago-based Caribbean Airlines Monday said that it had canceled all flights to Venezuela following an electricity blackout that has hit the South American country...
Reuters | Kenya’s Safaricom said on Tuesday it had secured a deal to use its M-Pesa mobile payment service for online shopping on one of Alibaba’s...
(Press Release) – Comerica Bank’s Executive Vice President and General Auditor Christine M. Moore was recognized as one of the nation’s most influential African American female...
You name any contemporary building dedicated to African American culture and most likely it’s been designed by Phil Freelon, considered the most prominent working African American...
Xinhua | The Chinese-proposed Belt and Road Initiative could transform Africa’s economy, economic analyst said on Thursday. James Shikwati, director of Inter Region Economic Network (IREN),...
(Press Release) – The Eastern Caribbean Central Bank (ECCB) is teaming up with Overstock-owned, Barbados-based, blockchain firm Bitt to pilot a blockchain-based central bank digital currency...
(Press Release) – At one point we have all had a bad experience with our wireless carriers. Whether it was terrible customer service, chatting it up...
(Press Release) – In our own evolution of working to advance economic opportunity for all, the National Association for the Advancement of Colored People (NAACP) recently...
In 2017, Tanzania embarked on a policy to ensure that the country benefits fully from the vast mineral wealth. The government therefore formed a committee –...
AP | In celebration of Black History Month, the National Black MBA Association ®, one of the largest non-profit organizations advocating minority students and business professionals...
Nationwide | Press Release – Freddie Figgers, CEO and founder of Figgers Communications, owns the first and only Black-owned telecommunications firm competing head-on with AT&T, Verizon...
By Tom Metcalf and Devon Pendleton Aliko Dangote’s plan to reduce Nigeria’s dependency on fuel imports will carve out an even bigger slice of the...
Reuters | In a damp office at Addis Ababa University, doctoral student Hailu Geremew fantasizes about working on the nuclear reactor his country is now pondering...
Reuters | Nigeria’s stocks and bonds rose on Monday after the conclusion of a presidential election over the weekend lifted a layer of political uncertainty in...
Reuters | South Korea’s Hyundai Motor Co opened a 10,000-a-year vehicle capacity assembly plant in the Ethiopian capital Addis Ababa on Thursday, its first factory in...
Reuters | Nigeria has ordered foreign oil and gas companies to pay nearly US$20 billion in taxes it says are owed to local states, industry and...
(Press Release) – MINDBODY, Inc., the leading technology platform for the fitness, beauty and wellness services industries, late last week announced that it has been acquired...
Reuters | South African telecoms group MTN said the head of its Iranian associate MTN Irancell is to retire, to be replaced by an academic with...
Tanzania has asked the Chairman of Dangote Group, Aliko Dangote, to invest in their country’s petroleum industry. This was disclosed by the Commissioner in the High...
Vodafone Ghana has appointed Patricia Obo-Nai as its new CEO with effect from 01 April. Obo-Nai is a member of the company’s executive committee and is...
The Oilfield Workers Trade Union (OWTU) says it remains “confident” that it would soon acquire the assets of the former State-owned oil refinery, PETROTRIN, whose operations...
Reuters | Pretoria’s former ambassador to Iran, Yusuf Saloojee, was arrested in South Africa on Thursday over allegations of corruption related to telecoms giant MTN’s cell...
By Olushola Bello Nigeria and other oil producing African countries will soon heave a sigh of relief from the sluggish economic conditions occasioned by price instability...
PRNewswire | Black Enterprise will return to Charlotte, North Carolina, with FWD – the revamped, rebranded summit for entrepreneurs hosted by Nationwide on Wednesday, June 19...
Reuters | Nigeria’s economy grew in 2018 at its fastest pace since a recession 2 years earlier, data showed, just days before a presidential election in...
Africa’s largest online retailer Jumia is planning an initial public offering (IPO) in New York this year that could value the business at about US$1.5 billion,...
South Africa’s first deep-water discovery, reported Thursday by French oil major Total SA, may prompt a rush of activity offshore by competitors as the country works...
PRNewswire | Quick Base, the leading SaaS platform for building powerful, integrated, customized business applications, last month announced it had signed a definitive agreement to receive...
Reuters | Rwanda said on Tuesday it had signed a US$400 million deal to produce bottled gas from Lake Kivu, which emits such dense clouds of...
Guyana, a country that currently produces no crude, could pump more than OPEC member Venezuela in 5 years. While U.S. sanctions on Venezuela threaten to accelerate...
PRNewswire | The HistoryMakers announces the one-on-one interview program, An Evening With Ken Chenault. The hour-long program provides a rare, inside, look into the life and...
Trinidad & Tobago with its technical expertise, capacity and experience has offered to assist member Caribbean Community states in the development of their hydrocarbon resources....
The Board of Directors of the African Development Bank (AfDB) Group has approved an equity investment of up to US$25 million in ARCH Africa Renewable Power...
South Africa’s trade surplus was the biggest on record in December as imports shrunk 26 percent from the previous month. The R17.2 billion (US$1.3 billion) positive...
Reuters | Jay-Z has agreed to privately arbitrate a trademark and contract dispute with clothing company Iconix Brand Group Inc, his lawyers said on Wednesday, after...
Press Release | The history of business and entrepreneurship lies at the heart of the American story, but often absent from that narrative are the names...
Barbados has become the latest Caribbean Community (CARICOM) country to announce a ban on the importation, retail, sale and use of petro-based single use plastic products....
Reuters | Nigeria’s central bank will provide ₦75 billion (US$208 million) in financing to an oil refinery project being built by Africa’s richest man Aliko Dangote...
PRNewswire | Tonie Leatherberry, Principal, Deloitte & Touche LLP, and President of the Deloitte Foundation, has been elected chair of The Executive Leadership Council (ELC), the...
PRNewswire | PO8, the award-winning Bahamian tech company is leading the charge in ocean impact and asset management with blockchain solutions. Selected from a pool of...
Reuters | South Sudan has begun to repair and pump oil from wells damaged in the civil war and will ramp up production by the end...
At the world’s best-performing stock market, things operate a bit differently than they do on Wall Street. No one complains about short sellers swooping in to...
AFP | Africa’s strong growth will accelerate in 2019 but fail to roll back high unemployment and poverty, the African Development Bank (AfDB) said Thursday. The...
By Emily Langer | Washington Post The company was called Proctor and Gardner Advertising. But there was only one founder behind it – Barbara Proctor, maiden...
Reuters | Kenya’s biggest telecoms operator, Safaricom, notched up one million users for its new overdraft feature on the M-Pesa platform in just eight days, surpassing...
Business Wire | Founder and Chairperson of Urban One, Inc. Cathy Hughes will be inducted into the National Association of Broadcasters (NAB) Broadcasting Hall of Fame...
Reuters | At a workshop in Uganda’s capital, Kampala, Noordin Kasoma measured and cut a length of bamboo. Within a few days, the 24 inch piece...
The Inter-American Development Bank (IDB) says exports from the Caribbean and Latin America hit their highest level in 6 years as a result of a 9.9...
PRNewswire | Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Olson Brothers Pro-Vac, LLC (Pro-Vac), to RLJ Equity Partners, LLC (RLJ)....
Over the top (OTT) film and television episode revenues will reach US$1.02 billion by 2024, up from US$223 million in 2018, according to the ‘Sub-Saharan Africa...
Jamaica’s trade deficit with the Caribbean Community (CARICOM) increased to US$351.2 million during the period January to October last year, according to the figures released by...
The Tony Elumelu Foundation (TEF), an African-funded and founded philanthropy, committed to empowering African entrepreneurs is now accepting applications for the 2019 cohort of the TEF...
Aliko Dangote, plans to start selling gasoline, diesel and aviation fuel by early 2020 from an oil refinery he is building near Lagos, Nigeria’s commercial capital....
The Board of Trustees of the Tony Elumelu Foundation, Africa’s leading philanthropic organization empowering African entrepreneurs, announced the appointment of Ifeyinwa Ugochukwu as Chief Executive Officer...
(Business Wire) – 7Park Data (“7Park”), a provider of data analytics software and leading performance indicators to the world’s most sophisticated Institutional Investment Firms and Fortune...
UNCTAD | Africa’s next steps on the path to engaging in and benefitting from e-commerce were outlined on 14 December by United Nations Conference on Trade...
Globe and Mail | Toronto’s Ryerson University wants to help more black entrepreneurs turn their ideas into businesses, and is launching a program offering seed money,...
Ethiopia is Africa’s fastest growing economy. The meteoric rise of Ethiopia has allured foreign companies into investing in the country’s economy. Ethiopia offers a comprehensive set...
The total number of active voice subscriptions in Nigeria reached 169 million in November, up from 105 million in October, the Nigeria Communications Commission (NCC) said....
(Businesswire) – Walker & Company Brands, the company that makes health and beauty simple for people of color, has announced that it will join the Procter...
(Reuters) – A Nigerian judge adjourned on Wednesday a hearing over an $8.1 billion dispute between South African telecoms giant MTN and the central bank until...
(Business Wire) – Today, Vista Equity Partners (Vista), the leading investment firm focused on software, data, and technology-enabled businesses, announced the launch of the Vista Frontier...
Caribbean Airlines is planning to start scheduled flights to destinations in Africa from its base in Trinidad & Tobago. Caribbean Airlines currently operates Boeing 737-800 and...
CNBC | Ground has been broken on the development of West Africa’s “first utility-scale wind power project”, located in Senegal. The 158.7 megawatt Parc Eolien Taiba...
(Reuters) – Nigeria’s economy grew 1.81 percent in the 3rd quarter of 2018 from a year earlier, pushed higher by the non-oil sector, the statistics office...
Oilprice | Thanks to ExxonMobil’s run of success in oil exploration offshore Guyana, the country is on a path to becoming a Caribbean powerhouse, Wood Mackenzie...
Nthabeleng Likotsi is on track to establish the first black women-owned bank in South Africa. Her aim is for the bank to empower black female entrepreneurs...
(Reuters) – Software company Apptio Inc., has revealed that agreed to be bought by private equity firm Vista Equity Partners (Vista) for US$1.94 billion in cash,...
(Reuters) – Nigeria is in talks with Transnet for the concession to run its railways after General Electric, which has spun off its transport business, handed...
(BusinessWire) – Comcast Corporation has announced that it has selected two new African American majority owned independent networks to be broadly distributed on Comcast Cable systems...
By Modi Kutua Private equity funds in Africa are increasingly investing in early-stage businesses in the search for earnings growth. This is partially driven by the...
By Jamie Burton After securing world-leading 233 percent stock market growth according to a report published early October by Bloomberg, alongside billions of dollars’ worth...
(Reuters) – MTN Group will apply for a mobile banking licence in Nigeria and plans to launch the service there next year, its CEO said on...