By Eromo Egbejule When supermarket owner Baba Acheme first bought a Point of Sale (POS) machine in 2014, the entrepreneur in Mubi — the commercial hub of the northeastern Nigerian state of Adamawa — thought it would help him collect payments for the groceries he sold. Now, four years later, Acheme finds that he’s using […]
The Democratic Republic of Congo plans to start work in 2018 on the frequently delayed Inga 3 hydropower project, after receiving a joint bid from two previously competing groups of investors. A treaty signed in 2013 provided for the Inga 3 plant to export 2,500MW of the 4,800MW of the power produced to SA. About […]
By Thomas Collins Akinwumi Adesina, President of the African Development Bank (AfDB), recently revealed that Africa’s annual infrastructure gap now stands at as much as $170bn. For many this will come as a shock. Only last year the bank projected a figure of $90bn – almost half. As Africa’s population booms – Nigeria for example will […]
By Justina Crabtree Google will open an artificial intelligence (AI) research center in Accra, Ghana, later this year, its first on the African continent. Other African cities including Addis Ababa, Kigali and Lagos have also been pushing their credentials as tech hubs. Ghana likely appealed to Google because of its high quality education system and […]
There’s a quiet buzz in Zimbabwe right now for the opportunity of informational and communications technology might have as a transformational impact on the beleaguered economy. The southern African country, which has one of the highest literacy rates in Africa, is looking to China to help building capacity and technological know-how to build one of […]
By Bukola Adebayo Ethiopia is opening key economic sectors, including the state-owned Ethiopian Airlines and state-run telecoms, to local and international private investors. The privatization drive comes at a time when Ethiopian Airlines, Africa’s largest carrier, is making big plans to expand into other markets in Africa and to include more international destinations. Ethiopia’s ruling party, […]
By Mike Odiegwu Bayelsa State Government has accused the state leader of the All Progressives Congress (APC) and former Governor Timipre Sylva, of sponsoring acts capable of destabilising the state. The government in a statement signed on Wednesday by the Special Adviser on Security, Dr. Boma Spero-Jack, claimed that Sylva was bent in causing crisis […]
Daniel Matjila, the chief executive officer of the Public Investment Corp., will be probably be suspended while his role in several questionable investments by Africa’s biggest money manager is investigated, according to three people with knowledge of the matter. The Pretoria-based PIC manages South African state-workers’ pensions and oversees assets worth 1.9 trillion rand ($151 […]
Protocols: I welcome you all to State House, for this farewell reception, as you prepare to depart for the FIFA 2018 World cup Finals in the Russian Federation. You are going to represent us in Russia. You must bear in mind that you are not just going for a tournament. With each game, you must […]
The National Industrial Court, Abuja, says it has taken over the negotiations between the Federal Government and the Joint Health Sector Union in its Alternative Dispute Resolution (ADR) Centre. The ruling of the court was made available to the News Agency of Nigeria (NAN) by Dr Casmir Ifeanyi, National Publicity Secretary, Association of Medical Laboratory […]