Business News

Exclusive: Nigeria’s Dangote shifts focus from cement to oil and gas

Fri Jun 24, 2016/Reuters By Alexis Akwagyiram Africa’s richest man, Aliko Dangote, plans to launch Nigeria’s first private crude oil refinery by 2019 while almost doubling his cement production on the continent by adding plants in eight countries as he shrugs off a regional economic downturn. Dangote told Reuters the […]

E-commerce: Jumia Becomes the One Stop Online Destination in Africa

June 24, 2016/Jumia Africa Internet Group is today connecting its companies into Jumia’s ecosystem with a new vision, “Expand your horizons”. The new Jumia ecosystem will give access to products and services from its 8 leading platforms. After 4 years of successfully establishing and growing its online services as leaders […]

GE Invests R500 Million to Innovate in Africa for Africa

June 24, 2016/GE Today GE, one of the world’s biggest digital industrial companies, officially opened its R500 million 2,700m2 facility, the GE Africa Innovation Centre in Johannesburg South Africa. The centre, a first for GE in Africa, is another big investment for GE, affirming that Africa and South Africa continue […]