Latest News Nigeria

New technologies

10/03/2022 at 15h37, by Africa Business+

Fintech Kolleno in talks with Old Mutual and Liberty Finance, targeting Nigeria, Egypt and Algeria

The UK-based company, headed by Dimitri Raziev and specialising in accounts receivable management for...

Agri-food industry

03/03/2022 at 17h39, by Africa Business+

Chika’s Foods to open snack factory in Nigeria by November 

Initially backed by Alitheia IDF, the company launched by UK-based Nigerian businesswoman Chika Russell...

Agribusiness

28/02/2022 at 15h03, by Africa Business+

Agrochemicals: Jubaili family to boost production capacity in Ghana, Uganda and Tanzania

The entrepreneurial Lebanese family, now operating from Nigeria, is preparing to expand on the continent. 

Health

22/02/2022 at 16h19, by Africa Business+

Vivian Nwakah prepares Series A round for Medsaf 

The pharmaceutical distributor wants to expand into neighbouring markets in Nigeria. 

New technologies

10/02/2022 at 16h08, by Africa Business+

After South Africa, Acronis opens second cyber cloud data centre in Nigeria

Buoyed by strong growth in Africa (+130% in 2021 and in 2022), Acronis, one of the world leaders in...

Oil & Gas

08/02/2022 at 14h32, by Africa Business+

Oryx Energies’ Moussa Diao considers exiting Nigeria

The oil products and services provider is reacting to new regulations that it views as detrimental to...

Bank

24/01/2022 at 09h34, by Pierre-Olivier Rouaud

IFC supports Kenyan subsidiary of Nigerian banking group GT Bank

The Washington-based institution is backing the medium-sized bank and strengthening its footprint in...

Commercial banking

18/01/2022 at 15h43, by Africa Business+

AFD to commit €40 million to EURIZ guarantee by early 2022

The bank guarantee program for loans to SMEs, conducted with the support of the European Union, is half...

Consumer goods & Retail

18/01/2022 at 13h30, by Gaëlle Arenson

Andrew Olaleye and Aneto Okonkwo raise $7m for Chatdesk – Cultivation Capital is lead investor

The customer relationship management specialist, based in New York but managing a large part of its...

Consumer goods

07/01/2022 at 17h01, by Africa Business+

Afrikrea rebrands as Anka and raises $6.2 million from I&P and others 

Afrikrea, the e-commerce website dedicated to African fashion, arts and crafts, is rebranding and revamping...

Agri-food industry

06/01/2022 at 16h47, by Africa Business+

Abdul Rabiu’s projects for BUA Foods after listing on NGX

According to Africa Business+ sources, the Nigerian billionaire held the vast majority of the company’s...

Renewable energies

05/01/2022 at 19h08, by Africa Business+

Renewables: AFC and Microsoft seek guarantees for Nigeria’s $85m Konexa project

The backers of the power supply project in northern Nigeria are hoping the World Bank will provide cover.

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