Africa Business Around the world, banks form the foundations of any economy by providing critical services that enable payments, working capital to grow businesses, finance to buy assets, interest on savings and investment accounts, and more. However, when looking at the sector, we must remember that banking isn’t just about numbers and profits, it’s also…
Nigerian Tribune FOLLOWING Nigeria’s adoption of the Learning Management System (LMS), Blackboard Learn, by a leader in education technology, Anthology, senior global executives of Anthology will be in Nigeria to further discuss collaborations with the Federal Government, educational institutions and other key stakeholders in the country. During the visit, the leading EdTech provider will meet…
REUTERS ABUJA, Nov 15 (Reuters) – Nigerian inflation rose for the tenth month in a row in October, increasing pressure on the new central bank governor to raise interest rates when the monetary policy committee meets for the first time since his appointment. Consumer inflation rose to 27.33% year on year in October from 26.72%…
ZAWYA South Africa and Google have signed a deal to promote the African country as a prime tourism destination. South Africa is a major attraction for both domestic and international tourists seeking out its beaches and safari excursions. The sector is also a big employer in the country. Google will provide insights into global…
Nigerian Tribune IN the heart of Nigeria’s digital revolution, a monumental leap has been taken to redefine the nation’s railway experience. On the 31st of October, 2023, the Nigeria Railway Corporation (NRC) introduced its groundbreaking e-ticketing system, catapulting the country’s transportation sector into a new era of efficiency, convenience, and unprecedented security. This transformative initiative…
Reuters News Nigeria’s consumer inflation rose slightly to 27.33% in annual terms in October from 26.72% in September, its bureau of statistics said on Wednesday. Inflation in Africa’s biggest economy has been in double digits since 2016, eroding incomes and savings, and prompting the central bank to repeatedly hike interest rates. President Bola Tinubu has…
The Zimbabwean With a reported 1,789 Zimbabwean higher education students in the United States for the 2022/23 academic year, Zimbabwe is the second leading country in sub-Saharan Africa, per capita, and the sixth in the overall number of students in the United States. The number of Zimbabwean undergraduate students increased by 24.4%, representing one of…
Nigerian Tribune Again, Nigeria ramped up its crude oil production in October to 1.35 million barrels per day in its determination to meet the Organisation of Petroleum Exporting Countries (OPEC) quota. Although Nigeria has in the past few months seen some production increase, it remained well below its required OPEC’s production level. As contained in…
Reuters News South Africa’s unemployment rate fell to 31.9% in the third quarter of this year from 32.6% in the second quarter, statistics agency data showed on Tuesday. Statistics South Africa said the number of unemployed people was 7.849 million in the third quarter from 7.921 million in the second quarter. Under an expanded definition…
Reuters The Saudi Fund for Development will sign agreements worth 2 billion riyals ($533 million) with African countries, Saudi Finance Minister Mohammed Al-Jadaan said on Thursday during the Saudi-Arab-African Economic Conference in Riyadh. “We are working with partners to support Ghana and other countries regarding their debt,” Jadaan added. Saudi Investment Minister Khalid Al-Falih later…
