Kenya Ports Authority Eyes Growth as Messina Line Makes Historic First Full Container Vessel Docking
The Kenya Ports Authority (KPA) expects to see a surge in cargo volumes following the successful docking of the first full container vessel from the Ignazio Messina Line at the Port of Mombasa.
IPMAN to Meet Dangote Refinery: Clearing the Air on Petrol Pricing and Marketers' Alleged Boycott
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced plans to engage in discussions with Dangote Refinery regarding its petrol pricing strategy and distribution.
Nigeria's Central Bank Implements New Rules for Electronic Payments: What You Need to Know
The Central Bank of Nigeria (CBN) has introduced new regulations requiring all Payment Service Providers to channel transactions from Point of Sale (PoS) terminals through approved, licensed Payment Terminal Service Aggregators (PTSA).
President Ruto Hails Hustler Fund’s Transparency, Urges Swift E-Procurement Law to Tackle Corruption
President William Ruto has lauded the Hustler Fund for its transparent, technology-driven loan processing and called on Members of Parliament to expedite the e-procurement law to combat corruption effectively.
UBA Appoints Chukwuma Nweke as New Deputy Managing Director
United Bank for Africa (UBA) has named Chukwuma Nweke, who previously held roles of chief operating officer and executive director, retail & payments, as a deputy managing director.
The Ghana Report Launches Groundbreaking Jobs & Entrepreneurship Fair to Tackle Rising Unemployment
The Ghana Report has launched its maiden Jobs & Entrepreneurship Fair, in an effort to tackle Ghana's rising unemployment rate.
National Theatre's Revamp Shines Spotlight on Public-Private Partnerships in Nigeria's Creative Economy
The Ministry of Art, Culture, and the Creative Economy has commended the Bankers' Committee for their pivotal donation that has aided the ongoing renovation and revitalization of the National Theatre in Nigeria.
Breakthrough for Nigerian Universities: Federal Government Exempts Research Grant Funds from Treasury Single Account
The federal government of Nigeria has directed the exclusion of third-party research grant funds of federal universities and research institutions from the Treasury Single Account (TSA).
Nigeria Grants License for First Floating LNG Facility to Boost Gas Production
The Nigerian Minister of State, Petroleum Resources (Gas), Hon.
Nigeria's Petrol Prices Set to Change as Dangote Refinery Gains Power Over Pricing
Nigeria’s petrol prices could see a significant shift from October, with Dangote Petroleum Refinery playing a key role in determining market rates, according to a recent Bloomberg report.
Gachagua Urges New KTDA Directors to Fast-Track Reforms and Boost Farmer Earnings
Deputy President Rigathi Gachagua has called on the newly elected Kenya Tea Development Agency (KTDA) directors to expedite the implementation of tea sector reforms aimed at increasing farmers' earnings.
China's Xi Jinping Pledges Over $50 Billion in African Financing to Boost Infrastructure and Trade Cooperation
Chinese President Xi Jinping has pledged more than $50 billion in financing to Africa over the next three years, aiming to strengthen ties in infrastructure, trade, and other key sectors.
Kenya’s Private Sector Bounces Back After Protests, Records First Growth in Three Months
Data released on Wednesday indicates that Kenya’s private sector activity saw growth in August, marking the first growth in three months as the economic uncertainty triggered by anti-government protests eased.
Safaricom Tops List as Kenya’s Most Admired Brand in New Report
In a new report by Capital Club and Brand Africa, in collaboration with the Gina Din Group, Safaricom has been named the most admired brand in Kenya.
Nigerian Breweries Launches N599 Billion Rights Issue to Strengthen Capital Base
Nigerian Breweries Plc has officially received clearance from the Securities and Exchange Commission and NGX Regulation Limited for its proposed Rights Issue.
President Ruto Secures Concessional Funding for Kenya by Joining Asian Infrastructure Investment Bank
President William Ruto has officially signed an agreement for Kenya to become a fully paid member of the Asian Infrastructure Investment Bank (AIIB), granting the country access to concessional funding for critical state projects.
Former Prasa Engineering Head Sentenced to 15 Years for Falsifying Qualifications and Defrauding Employer
A former head of engineering at the Passenger Rail Association of South Africa (Prasa), Daniel Mthimkhulu, has been sentenced to 15 years in prison for falsifying his qualifications and other documents to secure a higher salary and position.
South African Economy grows 0.4% in Q2 Amid Improved Electricity Supply and Manufacturing Sector Rebound
South Africa's economy experienced a notable expansion in the second quarter of 2024, driven by a rebound in the electricity and manufacturing sectors.
Cathay Pacific Grounds Airbus A350 Fleet for Inspections After "First of its Kind" Engine Failure
Hong Kong's flagship carrier, Cathay Pacific, has temporarily grounded its Airbus A350 fleet for urgent inspections after a rare engine component failure forced a flight to Zurich to turn back.
Metropol CRB Builds Comprehensive Credit Profile of 21 Million Kenyans
Metropol Credit Reference Bureau (CRB) Limited has compiled credit data on over 21 million Kenyans and 800 businesses, with 14 million identified as active borrowers.
Former Volkswagen CEO Martin Winterkorn Faces Trial for Role in "Dieselgate" Scandal
Former Volkswagen CEO Martin Winterkorn is set to stand trial on Tuesday, nine years after the "dieselgate" scandal shook the German auto giant and the global automotive industry.
Dangote Refinery Threatens to Export Petrol Amid Local Purchase Challenges
The Dangote Petroleum Refinery has announced that it will consider exporting its Premium Motor Spirit (petrol) if Nigerian oil traders, including the Nigerian National Petroleum Company Limited (NNPC), fail to purchase its products.