Nigerian drink manufacturers plead for help

Businesses warn the proposed excise duty on sodas and other non-alcoholic beverages could hammer Nigeria’s struggling sector. By Martins Azuwike in Lagos. Beverage manufacturers in Nigeria are w...

African business news: March 2022

The latest business news from across Africa, including Kenya's push for low-emissions public transport and Amazon's HQ woes in Cape Town. NAIROBI Kenya Power has commenced talks with five ele...

OPINION: Nigeria needs action to grow

The Nigerian economy is not actually growing unless GDP outstrips population growth, says economist Muda Yusuf. Over the past six decades, the Nigerian economy has transformed significantly from...

Latest Business

Nigeria controls piracy - but is still punished by West

| NewsAfrica
As new figures reveal a collapse in pirate activity off Nigeria, authorities are demanding an end to the War Risk Insurance Premium on imports. By Francis Ezem in Lagos. The federal government of Nigeria is currently pushing for the abolition of the controversial War Risk Insurance Premium f...

Nigerians hit by lockdown-induced cost of living crisis

| NewsAfrica
As Nigerians prepare to vote in gubernatorial elections over the next 12 months, Emeka Chigbu reports how the economic situation couldn’t be more fragile in Africa’s most-populous nation.

Kenya's new Lamu Port flounders

| NewsAfrica
Ten months after opening, Kenya’s new Lamu container port remains worryingly underused. By Zachary Ochieng in Nairobi.

African business news - October 2021

| NewsAfrica
Egypt business news Chinese ride-hailing giant DiDi Chuxing has launched operations in Egypt. The company will operate its ‘Wasalny’ or ‘Wasalny+’ services in the Alexandria governorate, in a move that rivals competitor Uber. Operating across 17 countries globally, Egypt is DiDi’s second Afric...

Zanzibar emerging as the 'new Dubai' for investors

| NewsAfrica
Restriction-free Zanzibar saw visitor numbers skyrocket during the pandemic. But as the rest of the world emerges from self-inflicted downturns, Judy Cogan discovers the Tanzanian archipelago is looking to build on its tourism success, with a new 70-storey skyscraper, airport and multi-billion-...

Ethiopian Airlines linked to ‘dangerous’ exotic pet trade

| NewsAfrica
A new report has shone light on the aviation giant’s role in the live export of primates and other animals of ‘concern’. By Britt Collins.

Business news round-up: August 2021

| NewsAfrica
Africa's latest business and investment news, including details on the fate of South Africa's embattled Mango Airlines, Uganda's dairy dispute with Kenya and Tanzania and Gabon's newest Unesco-listed reserve.

Fears for Okavango Delta as Namibia drills for oil

| NewsAfrica
A staggering 120 billion barrels of black gold are claimed to lie untapped beneath the semi-desert wilderness that straddles the Namibia-Botswana frontier. It’s been heralded as a get-out-of-poverty-quick card for these small, underdeveloped nations. But as exploration licenses begin to be issu...

© All rights reserved. TruPoint Media Limited.

Back to Top