Nigeria was among the 10 economies showing the most notable improvement in the World Bank’s Ease of Doing Business list published on Tuesday.
It rose 24 places in the ranking of countries to 145th place. Nigeria this year introduced initiatives aimed at improving the business environment, such as new systems...
There has been a call for Dubai to avail itself to support the development of Africa’s entrepreneurial eco-system, by helping the continent’s business leaders and entrepreneurs leapfrog developmental challenges.
This was the view of a panel of entrepreneurs who spoke during first day of the 4th Global Business Forum on...
US employers added 261,000 jobs in October, a solid gain that nevertheless fell short of expectations.
Analysts had expected a sharp increase in hiring, after hurricanes Irma and Harvey depressed payroll growth in September.
Wage growth was also slower than expected, while the number of people not in the labour force...
Cameroon’s economic growth rate is expected to slip to 3.7 percent this year, down from an earlier estimate of around 4 percent, due to falling oil production, the International Monetary Fund said on Friday.
The IMF approved a $666 million, three-year extended credit facility in June for Cameroon, which has...
Apple shares have risen to a record high as the tech giant's iPhone X hit shelves around the world.
The launch coincided with strong results for Apple, with sales increasing by 12% to $52.6bn (£40bn) for the three months to September.
The tenth anniversary iPhone, which retails for £999, is Apple's...
Norwegian fertiliser maker Yara International is considering building a $2 billion plant in Mozambique and may seek partners to share the cost, the chief executive said.
Mozambique awarded Yara a project in January to make ammonia and urea from the country’s gas output, saying the firm could produce up to...
The President of Rwanda, Paul Kagame, is projecting the removal of all continental barriers to allow for free trade in Africa within the next 5 to 10 years.
According to the Rwandan President, the various regional blocs in Africa have done a lot - putting in place the right measures...
South Africa’s seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to its best level in five months helped by an increase in new sales orders, a survey showed on Wednesday.
The index, which is compiled by the Bureau for Economic Research and gauges manufacturing activity in Africa’s most industrialised economy,...
The African Development Bank said on Tuesday it could consider an additional $400 million for Nigeria to support its growth and recovery efforts and was in talks with the government on how to help it reinvigorate Africa’s largest economy.
The bank had been in talks with Nigeria for around a...
Nigeria’s Central Bank Governor Godwin Emefiele said last week Friday he expected inflation rates to fall at a faster pace and hit high-single digit rates mid-next year.
“We are very optimistic that food prices will come down, and as they come down it will help to complement the reduction in...