President of Nigeria, Muhammadu Buhari has recently said in a statement that a new $1.3 billion basic chemicals plant will be ready for commissioning in the coming months with an aim of producing ammonia and fertilizers in Nigeria.
The company is planning to use these funds to extent its growing team as well as its reach to other markets
Cross-border payments to Nigeria has long been a tedious process as it involves paying of transfer fee to
South Africa-based tech start-up, HyperionDev has initiated an impact investment drive that aims at inviting the public to become stakeholders in its growing tech education business. With this move, the company is expecting to make as much as US$235,720 in coding scho
U.S. based investment firm, TPG's Rise Fund is nearing plans to pump $200 million in Airtel Africa's mobile money biz., Airtel Mobile Commerce (AMC) BV. Following successful execution of this transaction, Rise Fund would attain a 7.5% in AMC.
A Milan court has reportedly acquitted Royal Dutch Shell, Eni, and its chief executive in one of the biggest corruption case of the oil industry, which revolved around the decade old $1.3 billion acquisition of an oilfield in Nigeria.
Missio Invest, a firm that provides technical and financial assistance to social enterprises in Africa, has announced securing US$20 million finance from the U.S. DFC (International Development Finance Corp.) for its Missio Invest Social Impact Fund.
PayPal Holdings Inc., the leading American digital payments enterprise operating a global online payments system, has reportedly teamed up with African payments firm, Flutterwave, to bring Africa into its comprehensive global payments ecosystem.
XC40 Recharge is the first of five all-electric cars planned to be launched by Volvo over the next 5 years
Following strong recorded sales for its all-electric SUV in the international market, Swedish car manufactu