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WITH 20 BILLIONAIRES, NIGERIA TOPS AFRICA BILLIONAIRES LIST

There are far more African billionaires than previously thought, Ventures magazine said Monday in a report on the continent’s mega-rich, but the number of Africans living in extreme poverty has.

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Nigeria: World Bank Approves $300m Mortgage Facility

 The World Bank has approved a $300 million International Development Assistance (IDA) credit facility for Nigeria to aid low-income citizens own homes, through affordable mortgages. The World Bank, which disclosed.

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Development Finance Institution Will ‘Ease’ Access To Funds In Nigeria – Dr. Ngozi Okonjo-Iweala

Nigeria is billed to set up a development finance institution that will make access to funds easy and spur economic growth. Speaking at a Centenary Lecture of the Lagos Chamber.

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Apple surpasses Coke as world’s best brand

Apple has surpassed Coke as the world’s No.1 brand, according to the international brand consulting firm Interbrand. The company has been ranking brands in its annual reports since 2000, and this.

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Konga Launches Africa’s Largest e-Commerce Warehouse

Leading Nigerian online shopping mall Konga.com, today announced it has relocated to a 120,000 sq ft fulfillment centre which is the largest warehouse of any e-commerce firm in Africa, tromping Jumia.

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Berlin marathon: Wilson Kipsang of Kenya sets new world record

Kenyan Wilson Kipsang broke the marathon world record by 15 seconds as he claimed the Berlin title on Sunday. The 31-year-old clocked a time of two hours three minutes 23.

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GOOD NEWS AFRICA: Wealthy families plan investments in Africa

ONE Thousand & One Voices, a private equity scheme backed by “influential families” from around the world, established its Johannesburg office last week and is poised to invest $300m across.

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WESTGATE ATTACK: KENYA UNITED IN PRAYER

Those attending included workers from the Nakumatt supermarket, where some of the attackers barricaded themselves. The prayers were hosted by Kenya’s Inter-Religious Council with clerics from different faiths, who sat.

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