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All posts tagged "Africa"

  • Toyin Dawodu: Western countries rob Africa of $60billion every single year

    No one wants to talk about it and no one will admit to it. But the continent that is richest in natural resources has the poorest inhabitants in the world. Why is that? Global news would have...

    • Posted February 12, 2015
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  • Access Bank bids for most respected Africa Bank

    Agboje Aig-Imoukhuede Excerpts: Introductory remarks Access Bank intends to be known as the most respected African bank. We are going about it in a sustainable way with a philosophy. We have a reputable and sustainable banking philosophy,...

    • Posted September 9, 2013
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  • UBA, Dangote post increased half-year profit

    United Bank for Africa (UBA) says its half-year pre-tax profit rose to N33.24 billion ($207 million), up 9.3 per cent from the same period a year ago. The lender’s gross earnings climbed to 125.98 billion naira during...

    • Posted July 29, 2013
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  • Okomu to build Africa’s largest mill

    To boost yield from oil palm and rubber plantations in the country, Okomu Oil Palm Company Plc has revealed plans to build the biggest oil mill in Africa. The plan, which will see the company expanding its...

    • Posted June 11, 2013
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  • Bharti Airtel raises stake in Nigeria unit by 13.36%

    India’s top mobile phone operator, Bharti Airtel Ltd, announced on Wednesday it had acquired an additional 13.36 percent stake in Nigerian unit, Airtel Networks Ltd, from existing shareholders. The acquisition increased its total holding in the Nigerian...

    • Posted March 14, 2013
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  • Most stolen iPhones are in Africa and China – Report

    Ever since cell phone carriers created a national registry of stolen phones on Nov. 1, it’s become much harder, if not impossible, to reactivate one in the U.S. That’s the good news. Here’s the bad: The database...

    • Posted February 27, 2013
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  • Nestle Nigeria to triple sales to $2.2 billion over 10 years

    Nestle Nigeria aims to triple its sales in Africa‘s most populous nation to 350 billion naira ($2.2 bln) in 10 years as the consumer market for food and cereal booms. The local unit of Swiss company Nestle...

    • Posted February 23, 2013
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  • Dangote seeks improved investment profile for Africa

    The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote has urged developed countries to promote investments in Africa rather than providing aids for the continent, arguing that through investment in the real sector the region...

    • Posted February 18, 2013
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  • Indorama sets to build Africa’s largest fertiliser plant in Eleme

    The management of Indorama Eleme Petrochemicals Limited had affirmed on Friday that all plans have been concluded towards setting up one of Africa’s largest fertiliser plants in Eleme, Rivers State. Disclosing this during a visit by the...

    • Posted February 16, 2013
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  • Huawei, Microsoft launch cheap smartphone in Lagos

    Microsoft on Tuesday announced a partnership with Chinese manufacturer Huawei to offer an affordably priced smartphone in Africa geared toward tapping into the continent’s exploding mobile market. 4Afrika smartphone Introducing the phone at an event in Nigeria,...

    • Posted February 6, 2013
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