Startup funding: Kenya overtakes Nigeria with $800 million raised in 2023 – Report
Nigeria lost the top position in terms of startup funding in Africa to Kenya in 2023 as startups in the East African country attracted the...
Category : Investment
Kenya, Egypt overtake Nigeria in value of startup funding in H1 2023
August 28, 2023 9:54 AM Kenyan startups led African funding in H1 2023 with $520 million, followed by Egypt, South Africa, and Rwanda. Nigerian startups,...
NNPCL followed due process to get $3bn Afriexim bank loan – official
FACTS have emerged that contrary to reports, due process was followed in securing the Nigeria National Petroleum Company Limited, NNPCL, in the $3 billion Afriexim...
China’s Sinopec’s interim profit down 20.1% on lower oil prices
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July...
Digital World Receives Expected Notification From Nasdaq Related To Delayed Quarterly Report on Form 10-Q
MIAMI, FL / ACCESSWIRE / August 24, 2023 / Digital World Acquisition Corp. (Nasdaq:DWAC) (the "Company") announced today that it received an expected letter from...
Lafarge Africa posts 29.02% increase in PBT for Q2
LAFARGE Africa has reported a 29.02 percent increase in its Profit before Tax (PBT) in its 2023 second quarter (Q2) results to N32.787 billion, while...
Dangote Refinery’s Halfway Production: 5 Hurdles Stalling Progress This Year
Nigeria’s ambitious Dangote Refinery has garnered attention as a beacon of hope in meeting the nation’s escalating demand for refined petroleum products. With a capacity...
Adidas Expects $491 Million Operating Loss Improvement After Yeezy Sales Boost
Adidas and Yeezy have seen a significant increase in sales, signaling a positive outlook for the sports company. The pushback in March 2023 proved to...
Nigeria Looks To Attract Oil & Gas Investment At International Roadshow
Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy - Aug 03, 2023, 10:30 AM CDT Nigeria plans to hold an...
Afreximbank to Support in Sub-Sovereign Governments Investments in Africa
The hosting of the 29th session of the Executive Committee of the United Cities and Local Governments of Africa (http://www.UCLGA.org) at Ciala Resorts in Kisumu,...