Africa Business World 

Telecel Group Announces the Acquisition of Mattel Mauritania

– – Tunisie Telecom, BSA telecommunication and COMATEL announce the signing, on March 14, of an exclusive agreement with the company TELECEL Group for the sale of 100% of the shares of the company Mauritano-Tunisienne des Télécommunications (Mattel). Mattel is the first mobile operator in Mauritania to have launched the GSM service. Since its creation on May 11, 2000, the… Read More
Africa Business East Africa World 

Gaming Market Statistics in Tanzania: The Rise of the Gaming Industry

– – Tanzania’s gaming business has established itself as a vital industry that contributes significantly to the country’s GDP. This article examines the primary findings of a market report on the Tanzanian gaming sector. The study seeks to provide unique and important insight into all sorts of commercial gaming operations in Tanzania, covering growth patterns, key market players, consumer behavior,… Read More
Africa Business Featured World 

Why the AU is pushing for an African credit rating agency

– – There is an urge and surge from the African Peer Review Mechanism (APRM), an organization under the African Union to work towards establishing an African-owned credit rating agency by the end of this year. The need for such African Credit Rating Agency followed complaints from some African countries that credit rating agencies from the West aren’t being fair… Read More
Africa Business Nigeria News and Headlines World 

Dangote’s oil refinery to begin production in last quarter of 2022

– – Dangote’s oil refinery plant will begin production by the fourth quarter of 2022, Group Executive Devakumar Edwin has said. The 650,000 barrels per day (bpd) plant is being built in Nigeria was to become operational by 2019 but that deadline delayed. In 2018 when it was projected that the plant will only become operational in 2022, Edwin rejected… Read More
Africa Business Ghana World 

Ghana: Climate risks could cost transport sector $3.9 billion

– – A new report estimates that by 2050 climate risks could cause damage worth $3.9 billion in Ghana’s transport sector. But the report also offers a roadmap that could prevent the worst from happening. It also highlights extensive efforts by the government to counter climate risks. The potential damage of $3.9 billion is thrice the investment of $1.3 billion… Read More
Africa Business Ghana West Africa World 

Ghana’s President and ministers take pay cuts to deal with economic crisis

– – The Ghanaian President, Nana Akufo-Addo and his appointees have taken a 30% salary reduction as the country reels under economic challenges. The pay cut also affects heads of State-Owned Enterprises and takes effect from next month, according to the minister for Finance, Ken Ofori-Atta. The government is hoping to raise some $400 from this pay cuts and other reduced… Read More
Africa Business World 

What Is a Business Analyst?

– – Business analysts are professionals who help organizations identify and resolve their various business problems. They then help them implement the necessary changes in order to improve their operations. A business analyst is a person who helps a company develop a strategy and implement it. This process involves gathering all the necessary information about the company’s operations. Techniques of… Read More
Africa Business Nigeria News and Headlines West Africa World 

How Nigeria can become leading oil and gas supplier to European market

– – Apart from retaining its position amongst the leading oil and gas producers in Africa in 2022, Nigeria, with over 37 billion barrels of crude oil reserves, has the potential to improve its energy exports to Europe and help address anticipated crude oil and natural gas shortages. With the European Union planning to ban crude oil imports from Russia… Read More
Africa Business Ghana West Africa World 

Ghana: Anger over delays in payment of government workers

– – Government workers in Ghana are angry over delays in the payment of their salaries for the month of February. Per a schedule released by the Controller and Accountant General’s Department, February salaries of civil servants, public servants and other government employees were supposed to have been paid by the 25th day of the month. But most of the… Read More
Africa Business Russia World 

Russia-Ukraine crisis: Europe can look to Africa as preferred gas supplier

– – With recent sanctions on Russia by western nations threatening the critical supply of Russian gas to European markets, an opportunity has emerged for African gas producers to step up, enhancing hydrocarbon production and exports to meet international supply gaps. Significant progress has already been made to establish Africa as a viable gas export market, and now, with geopolitical… Read More