Business

New figures released by United Nations Conference on Trade and Development (UNCTAD) recently revealed that Egypt and South Africa attracted the highest rate of international investment flow to Africa during the past year. “…relatively diversified economies such as Egypt and...

US News has published its latest Best Countries ranking for 2019, where Nigeria has climbed two places. The report covers 80 countries and ranks them on how global perceptions define them in terms of a number of qualitative characteristics, as...

Economic powerhouses like the United States, China and Japan may be home to the highest proportion of the world’s wealthy, but when it comes to minting new millionaires, opportunities abound more in Nigeria. That’s according to a new report from...

Ninety seven local private companies in Nigeria have been featured among the top private firms by London Stock Exchange Group in its latest ‘Companies to Inspire Africa’ report, which was released on Wednesday. The report, which identifies 360 companies from...

According to the Brookings Institution, a nonprofit organization devoted to independent research and policy solutions. About half of the world’s fastest-growing economies in 2019 will be located in Africa. According to the Brookings Institution, a nonprofit organization devoted to independent...

Zimbabwe will introduce a new currency in the next 12 months, the finance minister said, as a shortage of U.S. dollars has plunged the financial system into disarray and forced businesses to close. In the past two months, the southern...

Despite efforts by the Nigerian government to promote small and medium-sized (MSMEs) enterprises, Ghana is leading the rest of Africa in the contribution of these organisations to total output of goods and services, figures show. An analysis of the contributions...

According to Forbes, Mauritius and South Africa are the two best African countries to do business in 2019. Based on Forbes’ 13th annual look at the Best Countries for Business, which measures countries that are most hospitable to capital investment....

About 20% of all foreign buyers of residential property in South Africa are now from the rest of Africa, according to a report by FNB. About 20% of all foreign buyers of residential property in South Africa are now from...

A Nigerian Airline has Signed Africa’s Largest Aircraft Deal With Boeing. The newly licensed airline in Nigeria, Green Africa Airways signed the biggest aircraft deal in Africa worth $11.7 billion with Boeing for the purchase of 100 737 Max8 aircraft....