Most Recent World News

DP World’s Imperial acquires controlling stake in Nigeria’s Africa FMCG

DP World-owned Imperial has acquired a controlling stake in Africa FMCG Distribution in Nigeria as the global ports operator continues to expand its presence in the continent. Part of the.

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Tiger Brands to extend operations of fruit business for another season

South Africa’s largest food producer Tiger Brand said on Tuesday its fruit canning business would extend operations for a further season to save jobs, while it talks to possible buyers.

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IMF executive board approves $638 million for Benin

The International Monetary Fund’s (IMF) executive board has approved a $638 million extended fund and extended credit facility for Benin under a 42-month arrangement to help the West African nation.

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Winners Or Losers? Impact Of Industry 4.0 On The African Continent

The rate of technology change is the defining characteristic of our generation. Its impact on work, labor, how people live, and our social and political interactions, have all been and.

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The Significance of African Capital Markets

Africa has a broad range of market conditions, from rapidly developing economies to countries with a long history with financial markets. The Continent’s Capital Markets have experienced rapid transformation in.

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Suez Canal announces record $7bn profit in 2021-2022

The Suez Canal on Monday announced a record profit of $7 billion (about 6.7 billion euros) for the 2021-2022 fiscal year, after repeatedly raising transit fees for ships through the.

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AFRICA.COM: Live from the World Economic Forum in Davos

This year, Africa Day coincides with the annual meeting of the World Economic Forum in Davos Switzerland.  African leaders, together with world leaders, are gathering to discuss critical issues of.

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Why Do African Women Need Financial Literacy?

With the rise of female entrepreneurship and growing female participation in the workforce, improving financial literacy for women is more important than ever. When these women unlock their economic potential.

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World Bank to Fund $900 Million Development Projects in East Congo

The World Bank and Congo have signed two funding conventions of$900 million to boost female entrepreneurship and access to water and electricity in the east and west of the country,.

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Access Bank to Acquire Majority Stake in Kenya’s Sidian Bank

Nigeria’s top lender, Access Bank, will acquire a majority stake in Sidian Bank from Centum Investments for Ksh4.3 billion ($36.8 million), two years after it entered the Kenyan market with.

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