Nigeria To Sell Power Distribution Firm Over $130 Million Debt
Reuters Nigeria’s electricity regulator has put up for sale the sixth largest power distribution utility over a $130 million debt,…
Category: Business
Safair Wins Africa’s Most Punctual Airline
In a recent global on-time performance review conducted by aviation analytics company Cirium, Safair from South Africa has emerged the…
Bank Of Kigali and BDF Collaborate To Provide Affordable Credit For SMEs
Bank of Kigali (BK) and the Business Development Fund (BDF), a government-backed initiative supporting small businesses, solidified their commitment to…
Airtel Kenya’s Bold Network Expansion: 1,000 New Sites, Sh23B Investment
Airtel Kenya is set to boost its investment in network infrastructure with the aim of expanding its customer base nationwide.…
TotalEnergies Pledges $6 Billion In Nigeria Oil, Gas Investments
TotalEnergies (TTEF.PA) reaffirmed its commitment to business interests in Nigeria, the French company said, adding that its head Patrick Pouyanne had met…
Spotify to Cut Staff by 17% in Cost-Cutting Move
Spotify, the music streaming giant, announced on Monday that it will be laying off around 17% of its workforce as…
Kenya Begins Privatisation Drive, Offers Stakes In 11 Companies
Kenya will start its privatisation drive by offering stakes in 11 companies including the state oil pipeline, the finance ministry…
Tanzanian Fintech, NALA Money To Establish Rwanda As Settlement Hub
In a strategic move to enhance its East African remittance operations, NALA Money, the Tanzanian fintech specializing in cross-border payments…
G20 Summit Spotlights Growing Interest in Africa
Leaders from more than a dozen African countries are heading to Germany for the G20 Compact with Africa conference, which…