Business News
Nigeria has proceeded on COVID-19 vaccines discussion with Russia and India to avoid dependency of Phizer- BioNTech vaccine or any other that require ultra cooling facilities, Reuters report... Read more
Nigeria must find a solution to taxing technology companies and stop the illicit financial outflow of the estimated 50 – 60 billion US dollars yearly. The Federal Inland Revenue Service (FIR... Read more
Final Verification of Ex-Nigeria Airways Workers Begins The federal government of Nigeria has announced the commencement of the final verification exercise of Nigeria Airways workers who wer... Read more
According to a report by the startup data platform, MAGNiTT, startups in the Middle East and North Africa (MENA) region were awarded $1.03bn in funds during 2020. The funding granted to appr... Read more
ULesson, the educational learning technology company in Nigeria, has raised $7.5 million in Series A funding to accelerate development across the continent of Africa. This takes the overall... Read more
Between October and December, Netflix said subscribers increased by 8.51 million to reach 203.66 million overall. That beats the October guidance from Netflix to add 6 million new members. A... Read more
Ashoka, one of the world’s largest networks of social entrepreneurs, has been working together since 2011 with Boehringer Ingelheim, a family-owned, world-leading and research-driven p... Read more
A new money transfer app in the United Kingdom (UK) was introduced earlier this year by Tanzanian fintech startup NALA to serve the needs of the country’s East African diaspora. After... Read more
Financial Services Innovators (FSI) has teamed up with Startup Arewa on “ArewaFemtechFest” under the theme “FINANCIAL INCLUSION FOR FEMALE ENTREPRENEURS IN NORTHERN NIGERIA... Read more
TransUnion, a global knowledge and analysis firm has partnered with Fincheck, a financial marketplace located in South Africa, to make the credit application process simpler and less challen... Read more
Africa Merchant Capital – a privately owned boutique merchant bank in London – is now run by Richard Ngumi, a Kenyan Executive and now charged with making trade finance deals wit... Read more
Two top Tunisian tech firms just secured investment from Maxula Seed Fund that supports innovative, early-stage startups across Tunisia with high-growth potential across impactful sectors. M... Read more
There is serious concern that farmers are being left defenceless after being required to hand in their firearms to the South African Police Service for re-licencing and ballistic testing pur... Read more
Cutworm larvae are fat, with a smooth, waxy appearance. They curl up when threatened. Photo: Prof Johnnie van den Berg – Advertisement – The larvae of the common cutworm (Agrotis... Read more
Cyclone Eloise, which is predicted to make landfall near Beira in the north of Mozambique this weekend of 23 and 24 January, may result in flooding in parts of Limpopo, Mpumalanga and KwaZul... Read more
Final Verification of Ex-Nigeria Airways Workers Begins The federal government of Nigeria has announced the commencement of the final verification exercise of Nigeria Airways workers who wer... Read more
In May 2020, the Agricultural Development Bank (ADB) in Ghana set aside approximately $86 million for investment loans for the country’s poultry industry. According to the ADB, the loan init... Read more
The Minister of Environment, Forestry and Fisheries, Barbara Creecy, has postponed the implementation of the Extended Producer Responsibility (EPR) Regulations to 5 May 2021. This follows a... Read more
Founder Institute (FI), has announced Pacer Ventures as ‘Investor in Residence’ for the Founder Institute’s African Accelerator program. As part of the program, all startups that graduate th... Read more
Ilara Health, a healthtech start-up focused on bringing essential, affordable and life-saving diagnostics to African consumers, has raised $3.75 million in Series A funding led by TLcom Ca... Read more
Twelve winners of the AppsAfrica Awards 2020 which celebrate the best in mobile and tech from across Africa have been announced. The AppsAfrica Awards strive to showcase leading ventures fro... Read more
The National Transport and Safety Authority will introduce a cashless payment system for the public transport sector. They even tendered bids for tech companies to install nationwide mobile... Read more
Play Zuri Health Limited, a subsidiary of Play Communications Limited, has announced the launch of Zuri Health, their first mobile app that connects doctors and patients across Subsaharan Af... Read more
The Corona virus has re-written the rules of life as we know it, both in our personal spaces and in business. It has also given us a chance to re-set at a scale never before imaginable at th... Read more
President: João Manuel Gonçalves Lourenço
Vice President: Bornito de Sousa
Capital city: Luanda
Languages: Portuguese 71.2% (official), Umbundu 23%, Kikongo 8.2%, Kimbundu 7.8%, Chokwe 6.5%, Nhaneca 3.4%, Nganguela 3.1%, Fiote 2.4%, Kwanhama 2.3%, Muhumbi 2.1%, Luvale 1%, other 3.6% note: most widely spoken languages; shares sum to more than 100% because some respondents gave more than one answer on the census (2014 est.)
Population, persons: 30,809,762 (2018)
Area, sq km: 1,246,700
GDP per capita, US$: 3,432 (2018)
GDP, billion current US$: 105.8 (2018)
GINI index: 51.3 (2018)
Ease of Doing Business rank: 177
