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9,000 Niger Delta Youths Train As Entrepreneurs In Shell LiveWIRE Programme

9,000 Niger Delta Youths Train As Entrepreneurs In Shell LiveWIRE Programme

No fewer than 9,000 youths in the Niger Delta have acquired entrepreneurial skills in the LiveWIRE program of the Shell Petroleum Development Company of Nigeria Limited (SPDC) since it was introduced in 2003 as part

Business
Nigeria’s power sector sinks amid poor investment

Nigeria’s power sector sinks amid poor investment

The Nigerian power sector is grappling with poor investments, inadequate gas supply, and outdated infrastructure, all of which contribute to the frequent blackouts experienced across the country. The national grid has collapsed 11 times in

Business
Morocco Moves Ahead with Comprehensive Tax Reforms in 2025 Finance Bill

Morocco Moves Ahead with Comprehensive Tax Reforms in 2025 Finance Bill

Fouzi Lekjaa, Morocco’s Delegate Minister for Budget, presented an ambitious array of reforms to the 2025 Finance Bill (PLF No. 60.24) during yesterday’s session at the House of Councillors. The proposed amendments target income tax

Business
Kenya Champions Digital Transformation with Local Smartphone Manufacturing

Kenya Champions Digital Transformation with Local Smartphone Manufacturing

The Principal Secretary for ICT and Digital Economy, Eng. John Tanui, has emphasized the government’s commitment to digital transformation through the manufacturing of smart phone devices. Eng. Tanui, while delivering his keynote address during the

Business
Nigeria’s GDP Grows by 3.46% in Q3 2024, Driven by Strong Performance in Services Sector

Nigeria’s GDP Grows by 3.46% in Q3 2024, Driven by Strong Performance in Services Sector

Nigeria’s Gross Domestic Product (GDP) growth rate in real terms surged by 3.46% in the third quarter (Q3) of 2024, compared to the same period in 2023. This marks a notable 0.92 percentage point increase

Business
Africa’s Smartphone Market Grows 3% in Q3 2024 Amid Economic Challenges

Africa’s Smartphone Market Grows 3% in Q3 2024 Amid Economic Challenges

Canalys’ latest research reveals that Africa’s smartphone market grew by 3% year on year in Q3 2024, reaching 18.4 million units, reflecting resilience amid a complex economic landscape. While stabilizing currencies and easing price pressures

Business
5G Era Begins in Congo as MTN Advances African Digital Transformation

5G Era Begins in Congo as MTN Advances African Digital Transformation

MTN Congo has officially launched 5G, making the Republic of Congo the fifth African country in MTN Group’s rollout of ultra-fast broadband technology. The milestone was celebrated at a ceremony presided over by President Denis

Business
Central Bank of Egypt to Launch Card Tokenisation in 2025 for Enhanced Payment Security

Central Bank of Egypt to Launch Card Tokenisation in 2025 for Enhanced Payment Security

Multiple reports have confirmed that the Central Bank of Egypt (CBE) is set to launch card tokenisation in 2025. Reportedly the tokenisation could replace traditional card details with unique digital identifiers, effectively reducing the risk

Business
Digital Retail Africa 2025

Digital Retail Africa 2025

The retail industry is undergoing rapid transformation, and the upcoming Digital Retail Africa 2025 is set to prepare businesses for the challenges and opportunities ahead. Taking place on 30 January 2025 at the Cape Town International Convention

Business
Nigeria must tackle high cargo inspection challenges to boost trade, says Okonjo-Iweala

Nigeria must tackle high cargo inspection challenges to boost trade, says Okonjo-Iweala

The Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, said there is an urgent need for Nigeria to embark on reforms in customs practices aimed at improving trade flow and reducing delays at