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Startup Capital: 6 Ways To Fund Your Businesses

Startup Capital: 6 Ways To Fund Your Businesses

When it comes to spearheading a successful business, the amount of money and sweat equity you put in is equally as important as the amount of time for the services you provide in return. People often go to extreme measures to keep their business afloat, some options being more realistic than others. Anyone can start […]

Halliburton Adjusted Profit Beats Estimate, Helped By Cost Cuts

Halliburton Adjusted Profit Beats Estimate, Helped By Cost Cuts

Halliburton Co, the world’s No.2 oilfield services provider, reported a higher-than-expected adjusted profit for the first quarter as deep cost cuts helped cushion the impact of a drop in drilling and completion activity. Net loss attributable to Halliburton widened to $2.41 billion, or $2.81 per share, in the three months ended March 31, from $643 […]

Gambia: Wig Poised to Create Alternative for Women to Improve Income

Gambia: Wig Poised to Create Alternative for Women to Improve Income

A Gambian local initiative called Women’s Initiative Gambia (WIG) founded and run by Gambians exists to creating job alternative to women by providing technical skills to Gambia women and girls to gain self-employment to be financially independent and become self- reliance in The Gambia with a stated goal of increasing their income, and thus improving […]

South African Inventor Wins Vodacom ‘Please Call Me’ Battle

South African Inventor Wins Vodacom ‘Please Call Me’ Battle

A South African man has won his legal bid to force leading mobile phone firm Vodacom to pay him for inventing a popular messaging service. The country’s highest court ordered the firm to compensate ex-employee Nkosana Makate for the Please Call Me service. He waged a nine-year court battle, accusing Vodacom of breaching an agreement […]

Mozambique: Bar Association Demands Transparency Over Debt

Mozambique: Bar Association Demands Transparency Over Debt

The Mozambican Bar Association (OAM) has added its voice to those demanding that the government release the full details of the country’s public debt, following the revelation that over a billion dollars worth of government guaranteed debt was not disclosed, either to the International Monetary Fund (IMF) or to the Mozambican taxpayers. A statement from […]

Next Oil Downturn? Looming Gasoline Glut Threatens Crude’s Rebound

Next Oil Downturn? Looming Gasoline Glut Threatens Crude’s Rebound

A rebound in oil prices this year from 12-year lows is in danger of coming to a crashing halt, as the main engine of global demand growth for the past several years starts to sputter amid signs of a gasoline glut. Crude oil LCOc1 has rallied more two-thirds from its mid-January nadir on robust demand […]

London Born Ghanaian Entrepreneur Launches World’s First Global African-Owned Stationery Company

London Born Ghanaian Entrepreneur Launches World’s First Global African-Owned Stationery Company

Christopher Osei – Frimpong grew up in South London, UK, and has had an eye for business from an early age. By the of age 16 Chris sold sweets to his peers in college and he went on to project manage major club night, concerts and comedy show events across Europe which attracted a total […]

Nigeria Is Not Sick, We Don’t Need Your Loan – Finance Minister Tells IMF

Nigeria Is Not Sick, We Don’t Need Your Loan – Finance Minister Tells IMF

Nigeria, which is going through its worst economic crisis in years, has not turned to the International Monetary Fund (IMF) for financial assistance because it is “not sick”, its finance minister said. The economy grew 2.8 percent last year, its slowest pace in decades, and in March annual inflation rose to a near four year […]

Angola Overtakes Nigeria As Africa’s Top Oil Producer

Angola Overtakes Nigeria As Africa’s Top Oil Producer

Nigeria has again lost its Africa’s top oil producer status to Angola, as the country’s crude oil production fell by 67,000 barrels per day last month, latest data from the Organisation of Petroleum Exporting Countries have shown. OPEC, in its Monthly Oil Market Report for April, which was released on Wednesday, put crude oil production […]

FG Seeks N3.2tn For Transport Infrastructure

FG Seeks N3.2tn For Transport Infrastructure

The Federal Government will require a total sum of $16bn (N3.15tn) in the next five years to address the challenges of infrastructure in the transport sector. The Director-General, Infrastructure Concession Regulatory Commission, Aminu Dikko, gave the figure on Wednesday in Abuja during a capacity building programme for officials in the Ministry of Transport. Giving a […]