Nigeria’s Central Bank, and South Africa-based multinational wireless carrier, MTN have reached a tentative agreement on the US$8 billion fines imposed on Nigerian subsidiary of the...
Dangote Cement Plc, Africa’s biggest producer of the building material, expressed an interest in acquiring Kenyan rival ARM Cement Ltd., according to 3 people familiar with...
Presented on October 1 by Colm Imbert, Trinidad & Tobago’s minister of finance, the 2019 budget forecasts gross domestic grown (GDP) to increase by 1.9 percent...
Robert F. Smith, the founder, chairman and CEO of Vista Equity Partners, was working as a chemical engineer when he realised the importance of the software...
Aliko Dangote – the founder and CEO of the Dangote Group, plans to sell shares of his Nigeria-based cement company in London in about September 2019,...
The Trinidad & Tobago-based carrier, Caribbean Airlines says it has achieved an operating profit and is “net income positive for the year-to-date”. The airline which is...
Oilprice | With population of fewer than 750,000 people, Guyana has always depended on commodities. Sugar, gold, shrimp, timber, bauxite, and rice account for nearly 60...
PRNewswire | Freddie Figgers is an inventor, computer programmer, software engineer, and entrepreneur. He is the youngest person in history to hold a Federal Communications Commission...
By Aliyyah Baylor As a small business owner in New York City, I am faced with an incredibly competitive market. In the United States, about half...
PRNewswire | In an unprecedented move, OneUnited Bank, the largest Black owned bank in America, unveils the “Take A Knee” Campaign with a stunning masterpiece, Last...
Star architect Sir David Adjaye has been announced as the designer of next year’s Brit Awards statue. Adjaye – the architect who is slated to design...
Kenya will recover US$53 million paid to Lake Turkana Wind Power Ltd (LTWP), after a government agency missed a deadline to build a transmission line to...
The Rowley administration in Trinidad & Tobago has revealed that 2 companies will replace the now defunct state run oil refinery Petrotrin. The companies are Heritage...
Angelique Brunner founded EB5 Capital – a venture capital firm that connects real estate development revitalization projects that need funding to foreign investors who want to...
The Uganda government has agreed to sell Uganda Telecom (UTL) to Nigerian firm Teleology Holdings, after 7 bidders competed to buy the state-owned enterprise, reports the...
(Press Release) – The African Development Bank (AfDB) has approved the East Africa Regional Integration Strategy Paper (RISP) laying out the roadmap for accelerating regional integration...
Small carriers and owner-operators have capacity to offer, but those that need it most – larger, Fortune 1000 shippers, do not have access to that capacity....
The Mottley administration says that Barbados’ foreign reserve has improved over the past 4 months and there are signs that the prospects for a better economic...
(Reuters) – Rwandans enjoy eating beetroot but entrepreneur Assumpta Uwamariya has found a novel use for the vegetable – turning it into a red wine that...
(Reuters) – Nigeria’s central bank governor was set to meet representatives of telecommunications company MTN and banks on Tuesday to discuss a dispute over the repatriation...
(PRNewswire) – RLJ Equity Partners LLC (“RLJ”), an affiliate of the RLJ Companies, has acquired a majority interest in Crossfuze, LLC (“Crossfuze”), a leading provider of...
The Trinidad & Tobago government, earlier this week, reiterated its position that it was necessary to close down the refinery of the state-owned oil company, Petrotrin,...
(Reuters) – Plans by the world’s top cocoa growers Ivory Coast and Ghana to harmonize bean prices are unlikely to have much effect on world markets...
(PRNewswire) – Entertainment Studios Motion Pictures (ESMP), the theatrical distribution division of Byron Allen’s global media and technology company Entertainment Studios, is proud to announce the...
The Trinidad & Tobago government earlier this week revealed that the compensation package for workers being laid off, following the government’s decision to shut down Petrotrin’s...
Princeton University has tapped Sir David Adjaye to build the school’s new art museum. Done in collaboration with local firm Cooper Robertson, it will replace the...
By Jane Lewis An audacious project to build a vast oil refinery in Nigeria could be the crowning achievement of Aliko Dangote’s already impressive resumé. “Many...
(Business Wire) – Dispatch, a leading field service leader and customer experience pioneer, announced today it has received a strategic investment from Vista Equity Partners with...
5,000 Entrepreneurs to be welcomed in Nigeria for Africa’s largest entrepreneurial convening (PRNewswire) – Africa’s leading entrepreneurship-focused philanthropic organisation, the Tony Elumelu Foundation (TEF), has announced...
The contribution of the financial-technology industry to sub-Saharan Africa’s economic output will increase by at least US$40 billion to US$150 billion by 2022, according to Financial...
New measures coming to deal with mergers and acquisitions in Jamaica Jamaica’s air Trading Commission (FTC) says it is in the process of creating a formal...
(PRNewswire) – Byron Allen’s Entertainment Studios, Inc., one of the largest independent producers and distributors of film and television, with 41 television shows on the air,...
(Reuters) – Telecom firm MTN Uganda is betting on a new music streaming product to boost revenue and counter declining voice call sales, its chief marketing...
(BusinessWire) – ExxonMobil has made its 9th discovery offshore Guyana at the Hammerhead-1 well, marking its 5th discovery on the Stabroek Block in the past year...
Trinidad & Tobago will continue to ship super-chilled natural gas all over the world, with a little help from Venezuela. President Nicolas Maduro and Trinidad &...
African sovereign funds represent only 3 percent of assets under management at the international level, totaling US$155 billion. Africa is aiming to leverage these funds for...
Africa’s largest carrier continues to dominate Africa’s skies AFP | Ethiopian Airlines is teaming up with 4 African airlines and has inked a deal to set...
(BlackPRWire) – Inc Magazine announced The Bizzell Group (Bizzell) has been ranked as the 494th fastest growing company in America on Inc.’s 5000 list. Last year,...
Auto industry employs more than 150,000 people in South Africa. Minister says up to US$204 million to be spent on annual support. South Africa’s government is...
The value of mobile-based transactions in Kenya rose by Ksh108.86 billion (US$1.1 billion) in the first 6 months of the year, according to data from the...
Vista Equity Partners (Vista) is considering a sale of Tibco Software Inc., according to people familiar with the matter. The private equity firm has held early...
African nations should consider increasing access to markets within the region to help offset the effects of increased U.S. protectionism, the World Bank’s vice president for...
Royal Dutch Shell Plc is in talks to sell 2 Nigerian oil licenses in an area that is at the heart of environmental and human rights...
Prime Minister of Barbados, Mia Mottley will continue to push for the implementation of the CARICOM Single Market and Economy (CSME) later this week, when she...
AP | Chance the Rapper says he has purchased an online media outlet, The Chicagoist, making the announcement in a new song. The Chicago native released...
(Reuters) – Ethiopian Airlines is in talks to take a stake in Eritrean Airlines and a study will be conducted to determine the size of the...
Kenya’s inability to deliver on orders has been blamed for the country’s inability to fully benefit from the apparel industry’s duty-free access to the US market,...
Intra-Africa Trade South African President Cyril Ramaphosa urged his Nigerian counterpart to sign a continent-wide free-trade deal. Nigeria should take its time to consult on the...
A number of banks have approached the company to arrange the initial public offering, as it looks to expand into markets such as Brazil, Peru and...
The African Development Bank (AfDB) has blacklisted a Chinese contractor that has undertaken several multi-billion shilling projects in Kenya over fraud. The AfDB, which announced early...
AFP | Djibouti today launched the first phase of Africa’s biggest free-trade zone, seeking to capitalize on its strategic position on one of the world’s busiest...
The Caribbean Hotel and Tourism Association (CHTA) has cautioned governments in the region about the adverse effects of high air travel-related taxes and fees on travel...
South Africa has signed the African Continental Free Trade Area agreement with the African Union (AU). Trade and Industry Minister Rob Davies confirmed Sunday’s signing of...
Ivory Coast said it will start destroying cocoa crops that are grown in protected areas as the world’s top producer seeks to end the destruction of...
AP | German carmaker Volkswagen opened the first car assembly plant in Rwanda’s capital on Wednesday in a milestone for the East African country that is...
(PRNewswire) – Robert L. Johnson, Founder of The RLJ Companies, and majority owner of Caribbean CAGE, announced that CAGE has entered into an agreement with Scientific...
AFP | A glamor blogger, a filmmaker and a tech mogul are competing to create a homegrown African rival to Netflix, but poor internet connections and...
By Harry Owen “BIG UP!” were the inevitable first words at this year’s Jamaican Investment Forum, announced by Senator Don Wehby – the chairman of Jamaican...
Ethiopia will split its state-owned telecommunications company and sell stakes in the 2 new entities piecemeal to international operators, Prime Minister Abiy Ahmed said. Ethiopian Telecommunications...
Airtel Kenya has abandoned plans to merge with Telkom Kenya to take on the market leading wirelss operator Safaricom, Reuters reported citing unnamed industry and government...
(PRNewswire) – LendStreet Inc., the leading online consumer debt restructuring and consolidation platform, announced that it has closed a US$7 Million Series A equity round, led...
Oil and gas research firm Rystad Energy is predicting that the nascent Guyana oil sector could generate annual revenue of US$15 billion and that the country’s...
(Press Release) | Antigua & Barbuda Prime Minister Gaston Browne is calling for a reduction and/or complete removal of airport taxes because it is hindering regional...
Mellody Hobson, president of Chicago-based Ariel Investments, will add a new title to her already vast resume: vice chair of Starbucks. The coffee company’s executive chairman,...
Forbes Africa recently released its 30 under 30 series which was split into 3: Creative, Technology and Business. Out of the 30 spots in the technology...
Reuters | Kenya has launched a pilot scheme to export crude oil via Mombasa as part of efforts to capitalize on the country’s oil reserves. The...
The much-anticipated ‘Alpha Haiti’ opens as the region’s first full-feature incubator (PRNewswire) – The President of Haiti, Jovenel Moïse, today launched the first full-feature incubator in...
The world’s top cocoa producers have long been at the mercy of traders who set cocoa prices thousands of miles away in London and New York....
Caribbean Airlines (CAL), is reporting a 21 percent increase in revenue over the last year. In a statement, the airline says this follows a 7 percent...
Reuters | Central bankers and officials from 14 African nations will discuss the viability of using China’s yuan as a reserve currency for the region, the...
Debra Lee is stepping down from her post as Chair and CEO of BET. Lee’s last day at the company will be Monday. Lee, who first...
AFP | African high-tech startups are minuscule compared with their US and European peers but they are finally gaining momentum and attention in some of the...
AP | J.C. Penney CEO Marvin Ellison, a former Home Depot executive, is leaving the department store chain after less than 4 years to become the...
By Li Peng Rapid advancements in information communications technologies (ICT) over the past 20 years has substantially altered the ways in which people live, work, play...
Caribbean Community (CARICOM) member states, Guyana and Suriname have agreed to join the region’s Less Developed Countries (LDCs) in agreeing to add paints to the list...
An infrastructure firm backed by former basketball star Earvin “Magic” Johnson has hired Goldman Sachs Group Inc. banker Andrew Kim, according to people with knowledge of...
The Zimbabwean government has decided not to sell part of its 60 percent stake in Telecel Zimbabwe to interested investors, but instead buy out the minority...
Business Insider | Backstage Capital, a venture-capital (VC) firm that backs underrepresented founders including people of color, women, and members of the LGBTQ community, revealed over...
The Bank of Barbados said Wednesday that the local economy had contracted by an estimated 0.7 percent during the first quarter of this year and warned...
Kenya’s wireless operator Safaricom is piloting a social messaging app that will link to its mobile money (M-Pesa) platform in an attempt to move the company...
Ghanian British architect Sir David Adjaye has been awarded the 2018 Louis I. Kahn Memorial Award by the Center for Architecture and Design in Philadelphia. The...
Dangote Cement Plc., will consider a London share sale over the next 2 years as Africa’s biggest producer of the building material seeks funds for expansion....
AFP | South Africa on Tuesday announced it has banned KPMG from auditing its government institutions following a series of scandals involving the international auditor in...
(Business Wire) – RLJ Lodging Trust last week announced that President and Chief Executive Officer Ross H. Bierkan will retire from the Company, effective at the...
Guyana says it is considering the establishment of a refinery as part of the efforts to modernize the gold industry. Natural Resources Minister Raphael Trotman, said...
Nigeria’s la rgest online mall Konga and African pioneer composite e-commerce company Yudala have officially announced a merger of their operations. This will see them effectively become...
AP | As the owner of Alisa’s House of Salsa on Whalley Avenue in New Haven, Connecticut, Alisa Bowens-Mercado has rhythm. Now she has put that...
Harmonized approaches to conducting trade across borders in the Caribbean and effective customs valuation are among the steps that must be taken towards full economic integration...
(Reuters) – Telkom Kenya plans to merge operations with Indian-owned Bharti Airtel’s local unit as a first step to acquiring all of Airtel’s assets, sources said...
The largest North American subscription video on demand service specializing in British and international television makes its set-top box debut (PRNewswire) – RLJ Entertainment, Inc., has...
Nigeria’s start-up Farmcrowdy pioneers a new way of getting investment and expertise into small-scale farming. Against the backdrop of the Nigerian federal government’s initiative to encourage...
Barbados will begin exploration for potential offshore petroleum resources next year, Minister with responsibility for Energy, Darcy Boyce, has said. Boyce, speaking at a regional symposium...
Byron Allen and his Allen’s Entertainment Studios Inc., have acquired the Weather Channel TV network as he looks to expand his film and TV production company...
While working for a big consulting firm in Lagos, Nigeria, Afua Osei repeatedly encountered women who wanted to advance professionally but did not know how. They...
Jamaica says it will use the inaugural Outsource2Jamaica Symposium & Expo next month to provide a platform to raise the profile of Jamaica as a business...
Robert F. Smith, founder and CEO of U.S. private-equity firm Vista Equity Partners, said private-credit investment offers more attractive returns than buyouts, predicting massive growth in...
(Reuters) – Google Play apps and games store has started accepting payments in Kenya through Safaricom’s mobile phone M-Pesa (mobile money) service to boost downloads in...
Platts | West and parts of southern Africa could see up to 1 million barrels per day (bpd) of new refining projects come online in the...
(Reuters) – Nigeria’s trade account turned positive in 2017 as a rise in oil exports outweighed imports after dollar shortages frustrated transactions, the National Bureau of...
(Reuters) – Africa has emerged as the world’s No. 2 banking market in terms of growth and profitability, according to a study by management consulting firm...
(Press Release) – AMC Networks Inc. (“AMC Networks” or the “Company”) yesterday announced that it is proposing to acquire the outstanding shares of RLJ Entertainment, Inc....
Find and nurture high-growth entrepreneurs A young chartered account, who is passionate about scaling small businesses, says he is on a mission to build Africa’s largest...
Vodafone Uganda, which is owned by Afrimax Group, has applied for bankruptcy protection at the country’s High Court, according to the New Vision newspaper. In a...
Al Jazeera | While many Europeans and North Americans still view the continent as poor, war-torn and desolate, Africans see more opportunities at home than outside...
(Press Release) – Accessing finance to fund business ventures has long been an issue across the Caribbean, especially for women. Now that the Caribbean Export Development...
A research consulting firm – Analysys Mason – appointed 2 years ago to assess competition in Kenya’s wireless sector says it has shelved its earlier proposal...
Dangote Cement Plc, has revived plans for a share sale in London that could raise about US$1 billion, according to people familiar with the matter. The...
“No country or region can manage on its own. We have to be functional, and we have to stay together.“ –Rwandan President Paul Kagame African leaders...
Private equity firm Vista Equity Partners Management LLC (Vista) is exploring options for two software companies it owns, PowerSchool and PeopleAdmin, that could involve combining them...
Ghana’s gross domestic product (GDP) growth to surpass that of Ethiopia and Cote d’Ivoire (Ivory Coast); The West African nation became an oil producer in 2010....
Their message was loud and clear: Africa requires partnership, not support. African Heads of State insisted they have a clear mandate to work with both public...
AP | Kenneth Chenault is days away from stepping down as the CEO and chairman of American Express, the credit card giant and one of the...
Urban Movie Channel (UMC), the first subscription video on demand (SVOD) service created for African American and urban audiences in North America, last week announced the...
The deal revives Zambia Airways Ethiopian Airlines – Africa’s fastest growing carrier – has acquired a 45 percent stake in Zambia Airways that is set to...
By Russell Southwood After such a financially tough year in 2017, it is time to look forward to how the industry might get out of the...
Africa’s fastest growing carrier, Ethiopian Airlines, is seeking to set up hubs in southern Africa, Central Africa and the Horn that connect neighboring countries leading to...
(PRNewswire) – Africa’s largest philanthropy supporting entrepreneurship – The Tony Elumelu Foundation (TEF) is now accepting applications for business ideas that can transform Africa. To apply,...
Essence becomes a completely black-owned company again (Business Wire) – Essence Ventures LLC, an independent African American owned company focused on merging content, community and commerce,...
(Reuters) – Kenya’s telecommunications regulator has ditched a proposal to break Safaricom up into separate telecoms and financial services businesses due to its dominant size, Kenya’s...
As Guyana transitions to oil and gas production by mid-2020, it is expected that the country will likely see reduced access to concessional resources from the...
Longtime Chair, CEO and President of BET – the parent company for Black Entertainment Television – Debra Lee, will be stepping down from her day-to-day responsibilities...
Modern Diplomacy | Africa, which is struggling to boost its industrial sector, has decided to seek inspiration from the Chinese model. Several African delegations were eager...
Bloomberg | Nigeria is set to get another new oil refinery as a federal government push to end fuel imports attracts investors to the industry. Petrolex...
Mobile money transactions grew by Ksh252.39 billion (US$2.45 billion) in the 9 months through September compared with a similar period in 2016, latest Central Bank of...
Jamaican entrepreneur Michael Lee-Chin, Founder and Chairman of Portland Holdings, Inc., earlier this month outlined a menu of incentives which provide for successful foreign investment in...
PRNewswire | On November 16, 2017, OneUnited Bank, the largest black owned bank in America, teamed up with Charlemagne Tha God and The Breakfast Club, a...
By Praveen Duddu The cumulative installed capacity of the Caribbean community (CARICOM) and associated countries is estimated to grow at a compound annual growth rate (CAGR)...
Reuters | – Dangote Noodles Limited, a unit of Nigerian company Dangote Flour Mills – a subsidiary of the Dangote Group – has sold 2 production...
By Kurt Davis Jr. Sub-Saharan Africa is home to the youngest and fastest-growing population in the world. A growing number of these young people need to...
BGIS | The Barbados dollar is not “on its way to a devaluation,” minister of finance Christopher Sinckler said on Friday as he addressed the Annual...
Xinhua | The Economic Commission for Africa (ECA) has reiterated that infrastructure deficit in Africa remains a major challenge to trade facilitation, intra-regional trade as well...
(Press Release) – Datto, the leading provider of total data protection solutions for businesses around the world, late last month announced it has entered into a...
Bloomberg | South African Airways (SAA) will revive a plan to seek an equity partner that is able to provide cash and operational savings to help...
HealthcareITNews | By Mike Miliard NBA superstar will draw from his long and varied experience in sports, business, community service, healthcare and technology. From his decades...
Starting from dire poverty, as the second-poorest nation in the world in 2000, Ethiopia has been the miracle economy of the past decade. Data from the...
The region is observing Caribbean Tourism Month in November amid the “significant” economic impact caused by the passage of Hurricanes Irma and Maria through the Lesser...
Co-founder and CEO Julia Collins, reveals that she wants her company – Zume – to make high-quality, affordable food accessible. ZDNet | A robotics startup called...
Magic Johnson-owned JLC Infrastructure forms joint venture with Kiewit-Skanska-Meridiam team, Gateway Connectors (Business Wire)- As part of the Los Angeles World Airports (LAWA) multi-billion dollar redevelopment...
Kenyan wireless operator Safaricom has opened an innovation center to incubate products that will help it grow its mobile money service. The incubator – named Safaricom...
Nigeria – the largest crude oil producer and exporter in Africa – still imports more than 80 percent of its petroleum products needs. The completion of...
Kenneth Chenault, one of the most prominent African American businessmen and long-time chairman and CEO of American Express, is retiring next year. Chenault, who is 66,...
Mobile communications in Africa are set to become cheaper as regional trading blocs are working to abolish roaming fees. Following closely on the decision by the...
Telecompaper | South Africa’s Ministry of Telecommunications and Postal Services has presented its plan to consolidate the entities responsible for regulating the country’s ICT sector, reports...
The Ministers of Information and Communication Technologies (ICT) of the member states of the Economic Community of West African States (ECOWAS) have resolved to abolish mobile...
The Caribbean Community (CARICOM) Secretariat says CARICOM’s development of a Single Market and Economy (SME) has been given a boost with the launch of 4 new...
Pan African bank Ecobank has partnered with Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers. The strategic tie-up signals interoperability on a cross...
The Democratic Republic of Congo (DRC) announced the launch of a fund for access and universal service to improve connectivity, reports ITWeb. Leon Juste Ibombo, Minister...
Lower oil prices will help Nigerian economy diversify faster Nigerian business leader, Aliko Dangote says crude oil prices would do Nigeria a favor if they stay...
Ghana’s National Communications Authority (NCA) has granted conditional approval for the merger of wireless providers, Tigo Ghana and Airtel Ghana, Adom News reported, citing a circular...
By Jerome Audran, Michael Bolliger, Jonas David, Andrew Lee, Soledad Lopez and Lucy Qiu Favorable demographics, rising urbanization and rapid growth make Africa an attractive investment...
Regional carrier Leeward Islands Air Transport (LIAT) is likely to lose millions of dollars following the passage of Hurricane Irma. This was revealed by the airline’s...
(Press Release) – General Motors (GM) and Black Girls Code yesterday announced the launch of a Black Girls Code Detroit chapter with a series of hands-on...
By Roy Ezze Increase in the use of e-commerce among Nigerians E-commerce has become a thriving global industry and Nigeria has also been sprinting to catch...
(Bloomberg) – Aliko Dangote, is among those considering counteroffers for PPC Group Ltd. that could signal a bidding contest for South Africa’s largest cement maker, according...
(PRNewswire) – Black Enterprise magazine has released its latest exclusive report on African American representation on the corporate boards of 500 of America’s largest publicly traded...
(Reuters) Before taking on her new role as Starbucks’s second in command, Rosalind Brewer got hands-on experience brewing coffee at company cafes to get an idea...
An Ethiopian Airlines official has confirmed that east African carrier is negotiating to take over management of West Africa’s largest airline, the Nigeria-based Arik Air. According...
By James Anyanzwa African capital markets regulators are working on a grand plan to merge all stock markets on the continent to reduce the cost of...
South Africa’s government says it’s open to discussing the disposal of its Telkom stake, in an effort aimed at rescuing cash-strapped South African Airways, reports ITWeb....
The Central Bank of Barbados is set to implement a 2 percent fee on foreign purchases and payments made using credit, debit and travel cards. The...
The Deputy Governor of the Bank of Jamaica, Livingstone Morrison, has revealed that the central bank is exploring opportunities for the exploitation of “certain technologies” which...
As global chief executives wrestle with how to engage with government leaders, a group including Dangote Industries Chairman Aliko Dangote, and Alibaba’s Jack Ma, will convene...
By Brad Stone Empowering athletes to think about off-the-court careers The first Player’s Technology Summit, organized by Golden State Warriors stars Steph Curry and Andre Iguodala,...
(PRNewswire) – UniRush, LLC has selected this year’s grant recipients for RushCard’s Keep the Peace initiative, an annual program that supports nonprofit, community-based organizations and coalitions...
Transport Infrastructure Driving Boost in Africa’s Cross Border Trade Africa could soon be the largest free-trade area in the world. This is if the African Union’s...
Trade between Africa and China reached US$85.3 billion in the first half of 2017 – surging 19 percent year on year as both sides strengthened cooperation...
Dangote Cement Plc has a vision to “be Africa’s leading cement company, respected for the quality of our products, for our service and for the way...
Guyana says it is on target to achieve its target of 700,000 ounces of gold this year after declaring that more than 360,000 ounces and export...
Connecting to the digital economy (CNNMoney) – 26-year-old Nigerian entrepreneur Iyinoluwa Aboyeji wants Silicon Valley to fund a future where Africa is included. Aboyeji is the...
Reifer-Jones is the first woman to head the airline Regional airline Leeward Islands Air Travel (LIAT), Tuesday announced the appointment of Barbadian Julie Reifer-Jones as its...
Dangote Cement, Africa’s largest cement producer, has announced its unaudited results for the 6 months ending June 30th, posting a 12.6 percent increase in sales volume...
ExxonMobil Corporation said Tuesday it has discovered additional oil in the Payara reservoir offshore Guyana. This increases the total Payara discovery to approximately 500 million oil-equivalent...
(Press Release) – St. Lucia-based startup, Dev758 Solutions – the tech start-up behind the LEAP Marketplace app – has emerged as 1 of 2 Idea Stage...
Mobile money accounts are slowly replacing traditional bank accounts in sub-Saharan Africa, according to a new report by GSMA – the body that represents the interests...
Antigua & Barbuda and St. Kitts & Nevis on Friday signed a memorandum of understanding with the Organization of Americans States (OAS) for the implementation of...
Auto Portability Will Preserve US$17 Billion Annually in Retirement Savings (Press Release) – Robert L. Johnson, Chairman of The RLJ Companies and majority owner of Retirement...
South Africa is considering a merger of state-owned technology companies Broadband Infraco and Sentech to help to accelerate the rollout of high-speed internet to the population...
(Press Release) – Victor Edozien, CEO and President of SET Enterprises, Inc. (an Asaba Group Holdings Company) has been selected by the Michigan Chronicle to its...
By David Thomas African leaders joined their global counterparts in May to listen to China’s President Xi Jinping promote his country’s most ambitious foreign policy project...
Bahamian technology firm, Cloud Carib, is aiming to capture more market share in data center solutions across the Caribbean. According to company officials, plans are being...
The Dangote Group’s investment in oil and gas is set to transform the Nigerian economy from a single commodity market to a sustainable diversified economy –...
Network Has 4 of the Top 6 Original Scripted Series on Ad-Supported Cable in key demographic (Press release) – OWN: Oprah Winfrey Network scored its highest...
Nigeria’s cabinet has approved a national gas policy that aims to reduce the country’s dependence on crude oil by increasing gas exploration and facilities, the federal...
The African Innovation Foundation (AIF) has announced the top 10 nominees who will be contending for the 2017 Innovation Prize for Africa (IPA) , to be...
By David Thomas China is now Africa’s most important partner in trade and investment. Approximately 10,000 Chinese businesses are active in Africa, dwarfing previous estimates, according...
Several textile companies have written to the Haitian Government asking it to intervene in the ongoing labor dispute, which they say have resulted in the loss...
RLJ Chairman Robert L. Johnson Converts 100 percent of Preferred Stock into Common Stock. (PRNewswire) – Robert L. Johnson Founder and Chairman of The RLJ...
Barbados’ unemployment rate stood at 9.7 percent in 2016, a decrease of 1.6 percentage points from the 11.3 percent recorded at the end of 2015, according...
Jamaica set to become major player in Caribbean Gaming industry The Holness administration in Jamaica is working on plans to legalize online gaming in the Caribbean...
Africa looks set for a bright future on the private equity front with activity on the rise, according to a recently released report which predicts that...
(Press Release) – Carver Bancorp, Inc., the holding company for Carver Federal Savings Bank (“Carver”), has announced that Craig C. MacKay was recently appointed to the...
The African Development Bank and Chinese state-owned hydro-power engineering and construction company – Sinohydro have reached a settlement agreement on fraudulent practices. The Sinohydro Corporation...
Requirement to ensure more proceeds from mining sector flow to the black majority South Africa’s Department of Mineral Resources will raise the requirement from the current...
By Sylvain Beletre Things have changed a great deal since 2010 when video on demand (VoD) began to gain traction in Africa. VoD in Africa was...
The 3-day strike by Caribbean airline Leeward Islands Air Transport (LIAT) ended over the weekend, with a deal struck with the pilot’s union. Representatives of the...
Regional airline – Leeward Islands Air Transport (LIAT) – was this morning hit by flight cancellations and delays after its pilots embarked on industrial action. A...
Dangote Cement Plc. – a subsidiary of the Dangote Group – has further increased its production capacity across the African through the completion of a new...
Desiree Rogers, has stepped down as the CEO of Johnson Publishing Co. – the oldest Black-owned magazine publisher in the United States. She stepped down on...
Kenya Airways has reported a reduction in pretax losses and a return to profit at the operating after carrying a record number of passengers in the...
Guyana – one of the smaller economies in the Caribbean and Latin America is on track to becoming one of the top oil producers in the...