June 26
Mozambique: Court Blocks CTA Bank Accounts
AIM
The Maputo City Court has ordered the blocking of the bank accounts of the Mozambican Confederation of Business Associations (CTA), as well as the seizure of its head office… Read more »
Nigeria: No Cause for Alarm, Dangote Group Reacts to Fire Incident
Vanguard
Dangote Group has assured that there is no cause for alarm despite the fire incident that occurred at the refinery. Read more »
Kenya: Beware of an Ad for Fake Jobs At Giant Kenyan Retailer Naivas
Africa Check
Beware of an ad for fake jobs at giant Kenyan retailer Naivas Read more »
Nigeria: Bayelsa to Float State-Owned Airline Operator
Vanguard
The newly appointed Managing Director and Chief Executive Officer ,CEO, of Bayelsa International Airport, AVM Nelson Calmday, retd, has disclosed that plans are underway by the… Read more »
Nigeria: Nsia Announces 26 Start-Ups for $220,000 Accelerator Prize for Innovation
Daily Trust
The Nigeria Sovereign Investment Authority (NSIA) has announced 26 start-ups expected to participate in the accelerator stage (physical bootcamp) of the NSIA Prize for Innovation… Read more »
Nigeria: Uyi Akpata - Leader, Luminary and Legend
This Day
Uyi Akpata, the immediate past Country Senior Partner of PwC Nigeria, is set to retire on 30th June 2024. This marks the end of an impressive 40-year career with the Big Four firm.… Read more »
Nigeria: FCMB, TLG Open Series 1 Private Debt Fund for Investment
Vanguard
First City Monument Bank Asset Management Limited in collaboration with TLG Capital Investment Limited, United Kingdom (FCMB-TLG) has opened the first series of their Private Debt… Read more »
Nigeria: Aliko Dangote and the Power of Conviction - Perspectives From the 'Left'(2), By Usman Sarki
Vanguard
"Life demands that we attentively reconsider all our intellectual stock-in-trade when we step on to new ground"-- Georgi Plekhanov, Socialism and the Political Struggle Read more »
Nigeria: How Access Bank Is Promoting True African Identity
This Day
In commemoration of the 2024 Africa Day Celebration, Sunday Ehigiator writes on how Access Bank Plc, a leading pan-African financial institution, stands at the forefront of… Read more »
Nigeria: Budpay to Powering African Businesses With Budpay Business
This Day
BudPay, a leading provider of business payment solutions for local and global enterprises in Africa, has reiterated its commitment to connecting African businesses to global… Read more »
Zimbabwe: Liquid Unfazed By Starlink Entry Into Zim Market
The Herald
Liquid Intelligent Technologies says it is not worried about the imminent entry of billionaire Elon Musk's global internet service provider, Starlink, into the Zimbabwean market. Read more »
June 25
Niger: Niger's Junta Returns French-Run Uranium Mine 'Back to Public Domain'
RFI
Niger has confirmed one of the world's biggest uranium mines has returned to public control after revoking the operating licence of French nuclear fuel producer Orano. Read more »
Nigeria: Exxonmobil Targets Fresh Investment in Nigeria, Says We Are Not Leaving
Leadership
ExxonMobil has expressed optimism about investing further in Nigeria's oil and gas industry, stating that it is not leaving the country despite ongoing divestment plans. Read more »
Nigeria: Reps Move to Sanction Defaulting Companies On SCR
Vanguard
The House of Representatives Committee on Corporate Social Responsibility (SCR) on Tuesday moved to enact laws to sanction offenders. Read more »
Uganda: Nile Breweries Trains 400 Bunyoro, Mbarara Retailers in Entrepreneurial Skills
Nile Post
In a bid to stimulate business growth for its retailers, Nile Breweries has trained over 400 local retailers in Bunyoro and Mbarara in entrepreneurship, digital and financial… Read more »
Liberia: Debt Court Freezes Western Cluster Affiliate Company's Accounts
Liberian Observer
The Debt Court for Montserrado County issued an order to freeze the accounts of Citadel Mining Services and Construction, a Ghanaian company subcontracted by Western Cluster, over… Read more »
Namibia: Namibians Prefer Netflix Over DStv
Namibian
Namibians say they prefer streaming platforms such as Netflix and Home Box Office (HBO) over Digital Satellite Television (DStv). Read more »
Nigeria: Shoprite to Close Abuja Branch June 30
Daily Trust
Shoprite Mall has announced its intention to cease operation in one of its Abuja branches, Novare Central Mall in Wuse Zone 5 from June 30, 2024. Read more »
Zimbabwe: Westprop to Complete U.S.$4bn Project in 2025
The Herald
Listed property firm -- WestProp Holdings Limited is targeting the first quarter of 2025 to start construction works for the final phase of its US$4 billion Pomona City project in… Read more »
Nigeria: Otedola Increases Stake in First Bank With N17.2bn Share
Daily Trust
Popular Nigerian billionaire and Chairman of First Bank, Mr. Femi Otedola has increased his shares in the bank with an additional 2.22 per cent stake. Read more »
Nigeria: Flutterwave Lays Off 3 Percent of Its Workforce
Daily Trust
African payments giant Flutterwave has laid off about 30 people--around 3% of its workforce--three months after it spoke about repositioning its business to focus on remittance and… Read more »
Zimbabwe: Africa Employers to Vote On New Code
The Herald
Employers, labour unions and rights groups in Africa have until October to respond to a new proposal that will require organisations to report on how they hire and pay workers and… Read more »
Zimbabwe: ZESA Records Drop in Fatal Accidents
The Herald
The ZESA Group of Companies has recorded a 42 percent reduction in fatal occupational accidents involving workers in the workplace, Mutapa Investment Fund (MIF) head chief… Read more »
June 24
Liberia: ArcelorMittal Announces Michiel Van Der Merwe To Be New CEO of ArcelorMittal Liberia [press release]
ArcelorMittal
ArcelorMittal Liberia announces the appointment of Michiel Van Der Merwe as the new Chief Executive Officer (CEO) for ArcelorMittal Liberia, who will begin his tenure on 1 July… Read more »
Nigeria: Economic Downturn - Shoprite Closes Store At Wuse Central Mall
Premium Times
The decision, according to the company, was made after a thorough evaluation of the store's financial situation and the current business climate. Read more »