Nigeria, France Trade Hits $7.7 billion
23/09/2013Nigeria’s bilateral relations with France continue to strenghten as trade volume between the African and European nation hit an all time high of €5.7 billion ($7.7 billion) in the last.
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Business & Economy
Airtel invested $3.5 billion in Nigeria
13/09/2013Airtel Nigeria’s Regional Operations Director Olusegun Macaulay revealed that the mobile operator has already invested more than $3.5 billion as part of its technology expansion across the country. He commented that.
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Business & Economy
10 brilliant quotes from Warren Buffett – the world’s greatest investor
09/09/2013WHEN the world’s richest investor speaks, people listen. Warren Edward Buffett is an American business magnate, investor, and philanthropist. He is widely considered the most successful investor of the 20th century. Buffett.
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Business & Economy
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Mohammed Al Amoudi: Ethiopia’s Richest Man Spots Opportunities At Home
08/09/2013Born in Ethiopia to an Ethiopian mother and Yemeni father, Sheikh Mohammed Hussein Ali Al Amoudi’s life has always straddled East Africa and the Middle East. A Saudi Arabian citizen.
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Business & Economy
Africa’s wealthiest man, Aliko Dangote signs multibillion dollar deal with banks to build oil refinery in Nigeria
05/09/2013Africa’s wealthiest man, Aliko Dangote, has signed a multi-billion dollar deal with banks to finance the building of an oil refinery in Nigeria. The refinery would be the largest in.
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Business & Economy
Microsoft buys Nokia’s phone business for $7.2 billion
04/09/2013Microsoft Corp will buy Nokia’s phone business and license its patents for 5.44 billion euros ($7.2 billion), a bold foray into mobile devices that also brings potential chief executive contender Stephen Elop.
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Business & Economy
Agroforestry offers potential for greater food security in Africa
02/09/2013With a rapidly increasing population, the global demand for food is expected to increase by 50-80% by 2050. Growing this food will be an immense challenge, especially in Africa. Faced.
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Business & Economy
Africa Retail Industry Spending To Hit $1.3 Trillion By 2030
30/08/2013In recent times, the retail industry in Africa – Nigeria in particular – has seen tremendous growth, and its combined spending power has been said to reach an all time.
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Business & Economy
General Electric (GE) Upbeat On Africa’s Economic Prospects
28/08/2013The global power utility, General Electric (GE), on Monday said it was happy to do business in Africa, particularly East Africa, as the continent was facing a firm economic surge..
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Business & Economy
International Acquisition Of Local Firms Profit Kenyan Entrepreneurs
22/08/2013Recent acquisition of Kenyan companies by foreign multinationals will provide multi-billion-dollar windfalls for local entrepreneurs, experts reveal. Findings suggests that several billionaire entrepreneurs are selling their stakes in local companies.
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