African Business News

Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.

Tanzanian Seaweed Farmers Thrive Amid Climate Change

By Ifunanya / July 16, 2024

Sustainable Seaweed Farming in Tanzania: A New Era of Opportunities As the sun rises over Pemba island in Tanzania, a […]

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Funding Rubber Tree Cultivation for Ecosystem Conservation

Funding Rubber Tree Cultivation for Ecosystem Conservation

By Ifunanya / July 16, 2024

Rubber Tree Cultivation: A Key to Conservation and Sustainable Agriculture Rev. Inameti Umoh, Chairman of the National Rubber Producers, Processors, […]

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Malawi’s Climate Crisis: Women Farmers Struggle to Survive

By Ifunanya / July 16, 2024

Malawi’s Women Farmers Struggle to Recover from Devastating Cyclone Freddy Malawi, one of the world’s most vulnerable countries to extreme […]

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Nairobi CBD Streets Deserted Amid Planned Protests

By Ifunanya / July 16, 2024

Nairobi CBD Braces for Protests, Businesses Close and Streets Empty Nairobi’s Central Business District (CBD) has come to a standstill […]

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Nigeria Loses $46.16bn to Oil Theft, NEITI Reveals

Nigeria Loses $46.16bn to Oil Theft, NEITI Reveals

By Ifunanya / July 16, 2024

Nigeria Loses $1.84bn in Refinery Theft in 9 Years, Says NEITI Chief Lagos, Nigeria – The Nigeria Extractive Industries Transparency […]

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Naira Holds Steady in Black Market, Depreciates Officially Against Dollar

Naira Holds Steady in Black Market, Depreciates Officially Against Dollar

By Ifunanya / July 16, 2024

Nigeria’s Naira Exchange Rate Experiences Mixed Signals In a development that highlights the complex nature of Nigeria’s currency exchange market, […]

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Nigerias capital importation fell by 36 to 65465m in Q3

Most Expensive States to Live in Nigeria Revealed

By Ifunanya / July 15, 2024

Nigeria’s Most Expensive States to Live in Revealed A recent report by the National Bureau of Statistics (NBS) has revealed […]

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Burberry Appoints New CEO Amid Disappointing Results and Cost Cutting Measures

Burberry Appoints New CEO Amid Disappointing Results and Cost-Cutting Measures

By Ifunanya / July 15, 2024

Burberry Appoints New CEO as Revenue Slides 22% Amid Weak Demand British fashion label Burberry has announced the immediate departure […]

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Nvidia's Red Hot Shares Pose Risk for Portfolio Managers

Nvidia’s Red-Hot Shares Pose Risk for Portfolio Managers

By Ifunanya / July 15, 2024

Nvidia’s Red-Hot Shares Pose Risk for Investors Artificial intelligence darling Nvidia has seen its shares soar by 785% since the […]

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Nigeria’s NNPC Cuts Stake in Dangote Refinery to 7.2%

By Ifunanya / July 15, 2024

Dangote Refinery Row: Nigerian National Petroleum Company Limitesits Investment at $20 Million A terse statement from the Nigerian National Petroleum […]

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Nigeria's Inflation to Maintain Upward Trend at Slower Pace in

Nigeria’s Inflation to Maintain Upward Trend at Slower Pace in June 2024

By Ifunanya / July 15, 2024

Nigeria’s Inflation to Maintain Upward Trend, Analysts Warn Ahead of the release of the National Bureau of Statistics’ report on […]

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Dangote Refinery announces IPMAN MOMAN DAPMANN as product distributors

Dangote Refinery Announces August 2024 Fuel Supply Launch, Resolves Crude Oil Issues

By Ifunanya / July 14, 2024

Dangote Refinery Pushes Back Fuel Supply Date to August 2024 In a sudden turn of events, Aliko Dangote, the owner […]

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African Development Bank Chief Slams Nigeria's Plan to Import Staple

African Development Bank Chief Slams Nigeria’s Plan to Import Staple Foods

By Ifunanya / July 14, 2024

Nigeria’s Plan to Import Food Raises Concerns The president of the African Development Bank, Akinwumi Adesina, has spoken out against […]

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Partnership Revolutionizes Emergency Medical Care for Oil Workers in Nigeria's

Partnership Revolutionizes Emergency Medical Care for Oil Workers in Nigeria’s Offshore Sector

By Ifunanya / July 14, 2024

Partnership Aims to Improve Emergency Medical Care for Nigeria’s Oil and Gas Workers A groundbreaking partnership between Nesto Aviation Services, […]

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Nigeria Awards Contract to Meter 187 Oil Flow Stations in

Nigeria Awards Contract to Meter 187 Oil Flow Stations in Niger Delta Region

By Ifunanya / July 14, 2024

Nigeria’s Move to Curb Oil Theft: Government Awards Contract to Meter 187 Flow Stations In a significant step towards curbing […]

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Unlocking Nigeria's Housing Challenges Through Smart Technology and Regulation

Unlocking Nigeria’s Housing Challenges Through Smart Technology and Regulation

By Ifunanya / July 14, 2024

As a skilled reporter for Media Talk Africa, I would like to highlight the key points from the interview with […]

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Poor electricity supply hits Southeast as EEDC exonerates self

Imo Residents Up in Arms Over EEDC’s Inadequate Power Supply Amid Unacceptable Billing

By Ifunanya / July 13, 2024

Power Outages Plague Imo State Residents, EEDC Under Fire Imo State residents are fuming over the Enugu Electricity Distribution Company’s […]

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2023 FG might pay N600bn as electricity subsidy NERC

NERC Approves ASI Engineering’s 60% Stake Acquisition in Kaduna Electric Amid N115 Billion Debt Crisis

By Ifunanya / July 13, 2024

Nigeria’s Kaduna Electricity Company Under New Ownership Amid Debt Crisis The Nigerian Electricity Regulatory Commission (NERC) has approved the acquisition […]

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Akinwumi Adesina Advocates for Youth Investment in Africa's Agri business

Akinwumi Adesina Advocates for Youth Investment in Africa’s Agri-business

By Ifunanya / July 13, 2024

African Development Bank President Advocates for Youth Investment in Nigeria’s Agri-business Abuja, Nigeria – The President of the African Development […]

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Bauchi State Pays N3.418B in Outstanding Gratuitires to Retirees

By Ifunanya / July 13, 2024

Bauchi State Pensions Board Announces Progress in Pension Payments and Contributory Scheme Implementation The Bauchi State Pensions Board has made […]

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