UK Freezes Assets, Imposes Travel Ban on Angolan Billionaire Isabel dos Santos

The United Kingdom has sanctioned Angolan billionaire Isabel dos Santos, enforcing a travel ban and freezing her assets under its global anti-corruption sanctions regime, the government announced on Thursday.

Sanwo-Olu Presents N3 Trillion 2025 Budget to Lagos State House of Assembly

Lagos State Governor, Babajide Sanwo-Olu has presented a N3.006 trillion budget proposal for 2025 to the State House of Assembly. Titled "The Budget of Sustainability", the financial plan aims to address infrastructure needs, economic diversification, and social inclusion.

Kenya Terminates Adani Group Deals Amid Corruption Allegations

Kenyan President William Ruto has annulled multimillion-dollar contracts with the Indian conglomerate Adani Group following allegations of bribery and fraud involving its founder, Gautam Adani, in the United States. The canceled agreements include a $2 billion plan to modernize Nairobi’s Jomo Kenyatta International Airport and a $736 million project to construct power transmission lines.

Dairy Sector Workshop Highlights Nutrition, Sustainability, and Innovation Goals

...Arla Foods, Denmark Consulate, and FC4S Unite Stakeholders to Boost National Nutrition Strategies

Arla Foods, a farmer-owned dairy cooperative, in collaboration with the Consulate General of Denmark and the Financial Centre for Sustainability (FC4S), recently convened a high-level workshop aimed at strengthening the dairy sector's role in advancing Nigeria's national nutrition objectives.

LG Electronics Brings Solar-Powered Water Solutions to Port Harcourt Communities

LG Electronics has commissioned solar-powered boreholes in the Nkpogu and Elekahia communities of Port Harcourt, Rivers State, Nigeria. This milestone underscores LG’s dedication to sustainable development and improving access to essential resources in underserved areas.

NNPC Launches Utapate Crude Grade to the Global Market, Targets 80,000bpd by End of 2025

In a significant boost for Nigeria's crude oil production, revenue generation, and economic growth, the Nigerian National Petroleum Company (NNPC) Limited has officially introduced its new Utapate crude oil blend to the international market.

Premier League Clubs Seek Larger Share of Data Revenue Amid Growing Betting and Broadcast Demand

Premier League clubs are reportedly lobbying for a larger slice of the revenue from their data rights deal, arguing that they are the primary drivers of value for soccer data. According to The Guardian, several top-flight teams believe they should earn more from the growing football betting market and the increasing use of official data by broadcasters.

Ecobank Celebrates US$400 Million Eurobond Issuance with Market Opening at London Stock Exchange

Ecobank Transnational Incorporated (ETI), the parent company of the leading pan-African Ecobank Group, today marked a significant milestone by opening the market at the London Stock Exchange (LSE) to celebrate the successful issuance of its US$400 million Senior Unsecured Eurobond on the LSE’s main market.

Access Bank Expands Initiative with The Power of 100 Africa

Access Bank has unveiled The Power of 100 Africa, a pan-African initiative celebrating women driving impactful change across diverse sectors such as business, healthcare, technology, and education. Building on the success of its 2015 Power of 100 book, which honored influential Nigerian women, this year’s edition extends its scope across 16 African countries.

Treepz Eyes Global Growth, Joins 2024 World Trade Center Trade Accelerator Program

Treepz, a leading corporate mobility startup in sub-Saharan Africa, is set to expand its global footprint as it joins the 2024 Trade Accelerator Program (TAP) in Toronto, Canada. Organized by the World Trade Center in collaboration with the Black Entrepreneurship Alliance, the program aims to empower high-potential small and medium-sized enterprises (SMEs) with tools to scale their operations internationally.

Registration Now Open For 2024 African Economic Conference

Registration is officially open for the 2024 African Economic Conference (AEC), a premier event jointly organized by the African Development Bank (AfDB), the United Nations Economic Commission for Africa (ECA), and the United Nations Development Programme (UNDP).

New Study Reveals Key Role of Cultural and Personal Relevance in Driving Brand Growth

...WARC Advisory and TikTok Unveil Framework to Help Brands Harness the Power of Relevance

Brands that connect with consumers on a personal and cultural level can unlock significant growth opportunities, according to a new thought paper by WARC Advisory and TikTok. Titled The Power of Connective Media: Unlocking Impact Through Personal and Cultural Relevance, the research highlights the profound influence relevance has on consumer behavior and provides a practical framework for marketers to leverage it effectively.

Afreximbank Reports Strong Nine-Month Financial Performance Amid Challenging Conditions

The African Export-Import Bank (Afreximbank) has announced its financial results for the nine months ending 30 September 2024, showcasing robust growth and resilience despite a difficult global economic environment.