Africa’s Informal Economy is Basically a “Gig” Economy

Today, freelancers represent 35% of the United States workforce and 16.1% in the Europe Union. In Africa, figures are harder to determine, however, in South Africa the number is thought to be about 10% and rising strongly. In OECD countries, studies show that freelancers work chiefly in the service sector and doing mostly white and pink collar jobs More...

By afriknews On Wednesday, January 16th, 2019

Kenyan president vows to avenge Nairobi terror attack

Kenyan security forces have neutralised all terrorists involved in the attack on a hotel complex in the capital Nairobi, President Uhuru Kenyatta said on Wednesday. Kenyatta said about 700 people had been safely More...

By afriknews On Wednesday, January 16th, 2019

Barthe Cortes gives shelter to the local population after the elections in DR Congo

Congo appeared ready to achieve its first peaceful transfer of power with the surprise victory Thursday of opposition candidate Felix Tshisekedi, despite clear signs that a rival opposition leader actually won in More...

By afriknews On Tuesday, August 14th, 2018

Ethiopian Airlines says likely to establish Nigeria’s national carrier

Ethiopian Airlines capped off a hugely successful and profitable financial year by announcing that they are the frontrunner to set up and manage a new national carrier for Nigeria, its chief executive said on Friday. Nigeria’s More...

By afriknews On Friday, January 19th, 2018

Congo to join OPEC and the economic impacts in Sudan after U.S lifting sanctions

Congo Brazzaville joins OPEC in a bid to improve its oil production Congo, the fourth largest producer of oil in sub-Saharan Africa, wants to join OPEC in a bid to establish itself in the definition of policies More...

By afriknews On Thursday, September 7th, 2017

East Africa’s banks optimistic outlook despite challenges

The African Business ‘Top 100 Banks’ survey, which was published in October 2016, underlined the growing importance of East Africa in the continental banking industry. The region has long been underrepresented More...

By afriknews On Saturday, August 19th, 2017

Nigeria banks trying to stabilize 9mobile ahead of sale, FBN says

Nigerian lenders will try to stabilise the business of 9mobile, the country’s fourth largest telecoms group, until they can find new investors, First Bank said, adding that it saw no need to impair loans made More...

bvc, Barthe Cortes
By afriknews On Sunday, August 6th, 2017

Clarification: Barthe Cortes did not sell the BVC shares

Clarification: Clarification: Barthe Cortes did not sell the BVC shares. Barthe Cortes still remains the sole owner of BVC On 3rd August in Afrik News  you could read the information that Barthe Cortes, owner of More...

By afriknews On Thursday, August 3rd, 2017

26-year-old founder wants to transform online payments in Africa

Aboyeji is the Co-Founder of Flutterwave, a payments API that makes it easier for banks and businesses to process payments across Africa. The service allows consumers to pay for things in their local currency; Flutterwave More...

By afriknews On Sunday, April 2nd, 2017

Egypt court annuls block on transfer of Red Sea islands to Saudi Arabia

Egypt’s Court of Urgent Matters ruled that a judicial decision to block the transfer of two Red Sea Islands to Saudi Arabia is void, a judicial source and a lawyer told Reuters on Sunday. A court rejected in More...