Africa Ranking
These are the 20 most Competitive Economies in Africa for 2019 – WEF
Mauritius has emerged again as Africa's most competitive economy, according to the World Economic Forum (WEF), ahead of the three biggest economies on the continent.
South Africa emerged second (60th position in the world) while Nigeria was ranked 16th (116th...
Business
Entrepreneurs Are Generally Happier than Employees, Research shows
New research has revealed that entrepreneurs are actually happier than those who work white collar jobs. A study from researchers at ETH Zurich found that entrepreneurs display more positive emotions and fewer negative emotions on social media.
The study looked...
Business
Uber Launches Boat Service in Nigeria’s Megacity, Lagos
Global ride-hailing firm Uber Technologies Inc on Friday launched a pilot test of a boat service in Nigeria’s commercial capital Lagos to attract commuters seeking to avoid the megacity’s notoriously congested roads.
Uber Boat (pilot phase) was launched in partnership...
Business
Honest Nigerian Returns $80K Bitcoins Transferred to Him in Error
Radio France Internationale has reported the story of a Nigerian who returned to its rightful owner $80,000 worth of bitcoins mistakenly transferred to his account. Amidst reports of some bad Nigerians, this is a story worth to share and...
Africa Ranking
Richest Countries In Africa By AfrAsia Bank – 2020 Ranking
New World Wealth and AfrAsia Bank have published the latest African Wealth Report, showing the levels of wealth of various African nations at the end of 2018.
According to the report, South Africa is still the richest country in Africa,...
Business
South Africa: Black African Foreign Owned Shops Looted in Soweto
Black African foreign-owned shops were targeted in Soweto Wednesday evening as some residents went on a looting spree.
A night of violence and intimidation erupted in Soweto, Johannesburg on Wednesday night, as dozens of local residents turned on the black...
Business
Ethiopia to Build $50 Million Coffee Park to Promote Local Coffee Products
The Ethiopian government and Korea has disclosed its plan to build a coffee park as part of the national plan to promote Ethiopia’s specialty coffee products to the international community.
The planned Coffee Park, which will be built jointly by...
Business
Report Exposes how Mauritius’ Status as a Tax Haven Hurts Africa
Latest revelations from a report by the International Consortium of Investigative Journalists-ICIJ shows that poorest countries in Africa are losing out on millions of dollars in tax revenues from multi-national corporations and tycoons.
Mauritius’ status as a tax haven is...
Business
Nigeria’s President Muhammadu Buhari Signs Africa Free Trade Agreement
President Muhammadu Buhari who is currently in Niger Republic attending African Union Summit has siganed the Africa Free tarde Agreement.
President Buhari signs Agreement establishing African Continental Free Trade Area (AfCFTA) at the Opening of the 12th Extra Ordinary Session...
Business
Forbes Africa 30 under 30: These are the Nigerians on the 2019 Forbes Africa’s 30 Coveted List
The Forbes Africa ’30 Under 30′ list has finally been published and it pays homage to the continent’s most innovative and change-making youthful leaders.
The Forbes Africa 30 Under 30 list for 2019 was announced yesterday at the annual Forbes...
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Latest News
Arthur St. Clair: The Black Minister Lynched for Presiding Over a Mixed-Race Marriage in 1877
Arthur W. St. Clair was an African-American leader whose life was tragically cut short in 1877. His crime? Presiding...
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