Archive In BusinessRead the latest news for Business in Africa

• 

   

  Media & Entertainment

  This Is Nigeria’s Highest Grossing Movie Ever. The AfricaMagic Viewers’ Choice Awards (AMVCA) 2015 award winning movie, 30 Days in Atlanta, has been acknowledged as the highest grossing movie in the history of Nigeria with N132 million ($696,366) made since its release...
• 

   

  Economic Development & Policies

  Zambians Thinking ‘Copper And Debts’ As They Elect New President Today. Zambians lost the opportunity to find out whether Michael Sata’s tenure would end with economic prosperity when he died three years into his five-year tenure.
• 

   

  M & A

  Seplat Granted Deadline Extension For Afren Takeover. Emerging Nigerian oil company, Seplat Petroleum Development Company Plc, has been granted an extension to the deadline for announcing whether it intends to make a firm offer for oil producer Afren, the London Stock Exchange...
• 

   

  Finance

  New Banking Card Technology To Complement Vodacom’s Mobile Money Service. Leading digital security company, Gemalto has announced the deployment of prepaid EMV banking cards to complement Vodacom’s m-pesa mobile wallet service in South Africa.
• 

   

  Advisor Network

  Do Wealthier Nations Produce Better Managers? With Nigeria now demonstrating the greatest wealth and growth potential in Africa in addition to South Africa’s global appeal, and with several more multinationals now recasting their eyes on potential investing opportunities in Africa, questions...
• 

   

  Finance

  African States Get $189m Financing From Islamic Lender. The Board of Executive Directors of the Islamic Development Bank (IDB) has approved a new round of financing worth $189.4 million for development projects covering important sectors in several member countries and also some Muslim...
• 

   

  Strategies & Solutions

  Why Market Segmentation Is Important For Your Business. The intricacies of running a business are many and varied; but in a broad sense, effectively running a business entails offering specific value in the form of products and/or services to a group of customers...
• 

   

  Logistics & Transportation

  Arik Air Resumes Flights To Cameroon And Benin As Ebola Fears Subside. Yet another testament to the subsiding Ebola tide is the resumption of flights to certain countries whose suspension had been necessitated by the outbreak.
• 

   

  Energy

  These Are The 11 African Countries That Have Slashed Fuel Prices. It first happened in the United States of America, and now it is spreading all across sub-Saharan Africa – fuel prices are actually reducing!
• 

   

  Finance

  Zambia’s Currency Strengthens As Peaceful Presidential Election Continues. The Zambian kwacha gained 1.4 percent on Wednesday as its presidential by-election continues under peaceful circumstances. The winner of the election will see out the remaining 18 months of late President Michael Sata’s five-year term.