Nigeria is known to house one of the largest pools of wealthy individuals in Africa, amassing fortunes in excess of a million dollars. These fortunes are sourced from the usual suspects including.
Zimbabwe’s multi-currency confusion and hyper-inflation, Zimbabwe must be the only place in the world to have eight currencies as legal tender – none of them its own. For the last.
The rise of sub-Saharan Africa’s banking sector has been incredible. Coupled with emergence as one of Africa’s fastest growing sectors, compared to its relatively unexplored (and approach with caution) status.
Peugeot Automobile Nigeria (PAN) has concluded plans to restart operations in the country with 3,000 cars set to be rolled out in June. In a chat with local business news.
Despite the sluggish local economic growth brought about by the 2008 global recession, Finance Minister Pravin Gordhan has not gone back on his 2013 growth projections. Tabling his 2014 Budget.
Kia Motors, a South Korea auto-giant, has signed an agreement with Dana Motors Limited to set up a vehicle assembly plant in Nigeria within the next 2 years. The agreement,.
Africapitalism proponent and chairman of Heirs Holdings Limited, Tony Elumelu, has said that Africa must do more to tackle the threat of unemployment, which risks derailing the continent’s much-touted economic.
President Goodluck Jonathan hinted yesterday that the Nigeria Industrial Revolution Plan (NIRP) was designed to increase the Gross Domestic Product (GDP) by getting the manufacturing sector to a level where.
Heirs Holdings, a Tony Elumelu-led pan-African proprietary investment company with interests in Barack Obama’s $7 billion Power Africa initiative, has announced an undisclosed figure investment in San Francisco-based Planet Labs’.
“If your yam is white, you should cover it while you eat,” an African proverb reads. Put in context of the recent economic resurgence across the continent, the question posed.
