Category: Business

The war between Russia and Ukraine has adversely affected economies across the world. United Nations has issued a warning stating that the hike in prices caused by the Russia-Ukraine war will worsen the prevailing food crisis in Africa, where millions of people have already been facing extreme po

Nigeria and the other countries of the world are now facing the urgent requirement to implement clean cooking solutions or render a loss of around $2.4 trillion yearly and fatalities of at least 4 million people annually, says the oil and gas sector experts. Experts at the ARDA (African Refiners

Sanlam, Africa's biggest non-banking financial services provider, and Allianz, a renowned asset manager and insurer based in Germany, have reportedly confirmed that they will start working together in Africa to rollout joint operations across the continent. In a joint press statement, Sanlam

The European Union is reportedly planning to strengthen its collaboration with African countries for supporting the replacement of Russian gas imports and decreasing the reliance on Moscow this year by nearly two-thirds. Speculations have it that the African nations, especially the western part o

The establishment of Silicon-Valley tech giant Google's first product development center in Africa is reportedly set to create many opportunities for the continent’s tech sector, according to Charles Murito, Director, Sub Saharan Africa, Government Affairs & Public Policy at Google. T

South Africa’s efforts to switch from coal to focus on renewables, electric vehicles, battery storage, and establishing a green hydrogen economy will reportedly require funding of nearly R1 trillion ($64 billion) by 2030, according to a top government official. The country is the biggest em

Heifer International, a global nonprofit organization that works on a mission to end hunger, has launched its Digital Agriculture Champions (DAC) initiative. As per a statement, this initiative will make use of exponential digital technologies as a crucial component in the design of signature progr

China-based global logistics firm 4PX Worldwide Express has reportedly partnered with Jumia Technologies, a leading e-commerce platform in Africa, to expand its presence in the continent with the help of Jumia’s last-mile capabilities across Africa. With this partnership, 4PX will begin del

Afro Energy, an arm of Kinetiko Energy, the Australian gas organization, and the Industrial Development Corporation (IDC), a development finance institution based in South Africa, have reportedly signed a joint development agreement (JDA) to co-invest in the production and exploration of gas at appr