Most Recent World News

What Are The Next Steps In Africa’s Economic Transformation?

By Donald Kaberuka, President, African Development Bank  As the African Development Bank marks 50 years in the service of Africa, it is a moment to quote Nelson Mandela: “After climbing a.

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Nigeria Shines Spotlight on Agriculture, Electricity

In order to accelerate the development of Nigeria’s agricultural sector and ensure food security, President Muhammadu Buhari has said that agriculture must be treated as a business. The president stated.

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Africa’s Richest Man, Aliko Dangote Launches Massive $600million Cement Plant In Ethiopia (Photos)

He launched cement Plant in Addis Ababa. Here is a closer look at ALHAJI ALIKO DANGOTE’s $600million cement plant in Ethiopia. Continue for more photos…

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Botswana is rated best on the continent in rule of law and governance

THE WORLD JUSTICE PROJECT Rule of Law index, a new global report that ranks countries’ adherence to the rule of law, puts Botswana in the top spot for Africa. The.

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How Bad Is Nigeria’s Oil-Industry Pain?

In the escalating duel between U.S. and the Organisation of the Petroleum Exporting Countries (Opec) oil production, few countries’ oil industries have been hit as hard as Nigeria, highlighting a.

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UK Firm In $16M Deal To Build 350 Houses In Uganda

KAMPALA, Uganda – The National Housing and Construction Company (NHCC) has signed a shareholder agreement with Henley Homes Plc to develop 350 housing units along the shores of Lake Victoria.

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Nigerian Minister, Akinwumi Adesina, elected President of African Development Bank (AfDB)

  Nigeria’s outgoing Minister of Agriculture and Rural Development, Akinwumi Adesina, on Thursday emerged the 8th President of the African Development Bank (AfDB) Mr. Adesina, 55, will succeed incumbent president,.

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Nigeria fuel shortage cripples businesses, banks and flights

There have been long queues at petrol stations because of the fuel shortage Nigeria is being crippled by the fuel shortage that the country has been experiencing for more than.

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Apple Inc. Buys Nigerian Born Chinedu Echeruo’s Hopstop.com For $1 Billion

Apple has acquired Chinedu Echeruo’s HopStop.com, The Wall Street Journal’s publication, AllThingsDigital reports. Founded in 2005, HopStop.com makes mobile applications for both iOS and Android that covers over 300 cities.

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Africa highlighted as high potential market for technology companies

DHL, the world’s leading logistics service provider, held its 5th annual Global Technology conference in Dubai last month, featuring a number of key sessions on doing business in Africa. Under.

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