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Africans Masterminding Africa

The Chicken Business In Uganda: David Wangolo

As I write this article, I’m literally watching workers offloading two huge trucks of chicken feeds.  David Wangolo, the current investment manager at Pearl Capital

Business/Tech Touch

COVID 19: Central Bank of Nigeria reels out package to help stabilize country’s economy

The Central Bank of Nigeria (CBN) has announced measures to help businesses survive the global onslaught from coronavirus. To on the list is the reduction

Business/Tech Touch

Nigeria External reserves fall by $2.3bn on plunging oil price

Nigeria’s external reserves recorded a decline of $2.3bn from $38.59bn to $36.22bn within a two-month period, covering January 1 and March 5 this year. An

AWC Series Business/Tech Touch

African Union Denies Allegations of Cronyism, Corruption

A spokesperson for African Union chairperson, Moussa Faki Mahamat has rejected allegations that the organization is run like a “mafia-style” cartel, a term used in

AWC Series Business/Tech Touch

Ghana Ranks Sixth Best Place in Doing Business in Africa – Report

Ghana has been ranked sixth best place in Africa for investors in the 2020 RMB Investment Attractiveness rankings. The country edged closer to a coveted

Uncategorized

Nigeria’s currency, Naira Bounces Back After Days of Depreciation

The naira, Nigeria’s currency appreciated against the dollar last Friday after days of panic buying amid speculations that the Nigerian central bank may devalue the

Business/Tech Touch

Shock as oil price crashes to $33, loses $11 in hours

The international oil benchmark, Brent crude, which stood at $45.72 per barrel on Sunday, has slumped to $33 per barrel. Oil prices suffered a historic

AWC Series Business/Tech Touch

South Africa Appoints Okonjo-Iweala Member, Economic Advisory Council

In response to South Africa’s economic challenges, which recently slumped into its second recession in two years, President Cyril Ramaphosa has expanded the country’s Economic

Business/Tech Touch

Electronic payments in Nigeria hit N10.89tn in January

Nigerian banks facilitated electronic payments valued at N10.89tn in January, a 29 per cent increase in transactions as against N8.41tn recorded in January 2019. This

Business/Tech Touch

Nigeria made $104 million from film, music in 2019

Nigeria’s creative industry has been described as the fastest-growing sector of the economy with $53 million and $51 million accrued last year from film and