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tanzania

Forbes: Dangote Africa’s Richest Man, Bishop Oyedepo Richest Pastor

Aliko Dangote is the richest person in Africa for the seventh consecutive year, according to Forbes. The Nigerian entrepreneur has a net worth of $12.2 billion (approximately N4.3 trillion), with his wealth growing by $100 million in 2017. “The richest African, for the seventh year in a row, is Nigerian cement and commodities tycoon Aliko Dangote, with a net worth that Forbes pegs at $12.2 billion. That’s up $100 million from a year ago,” the Forbes report read. “Dangote is looking beyond cement –his most valuable…

Nigerian Economy To Grow By 2.5% In 2018 – World Bank

The World Bank forecasts that economic growth in Nigeria would edge up to at least 2.5 per cent in 2018, as the country benefits from improved commodity prices, investments and trade. According to the World Bank’s January 2018 Global Economic Prospect report launched on Tuesday in Washington DC, Nigeria’s Gross Domestic Product (GDP) is expected to grow by 2.8 per cent in 2019 and 2020. The World Bank forecast that global economic growth will go up to 3.1 per cent in the year 2018. According to the bank, growth in…

‘Uber Experiencing Faster Growth In Africa Than America’

Global transportation technology company, Uber, says the company is experiencing faster growth in Africa than in America. Justin Spratt, Uber’s head of business development, told Reuters on Tuesday that the California based company is moving to more markets despite hostility it is facing in some parts of the world. Launched in sub-Saharan Africa in 2013, Uber operates in Nigeria, Kenya, Ghana, Tanzania, Uganda and South Africa. “We are bullish on Africa. The growth here is still substantial and we think that given…

That Our Women May Be Free Indeed

I was blessed to be a part of a compelling session on women’s safety online at the 2017 Forum on Internet Freedom (FIFAfrica17) which held in Johannesburg, South Africa between September 27 and 29 this year. And I was the moderator. What a golden seat to sit on, what a familiar-turf-matter to take on! Fact is women are not safe online, and I didn’t fail to illustrate with the case of Cynthia Osukogu, a young undergraduate who paid the supreme price for being a Facebook user. She was lured and killed by two of her Facebook…

Infrastructure Key To Development In Africa – World Bank

The World Bank on Tuesday called for improved infrastructure for African cities to enable them develop along with their growing populations. Mrs Bella Bird, the World Bank Country Director for Tanzania, Malawi, Burundi and Somalia made the call at the bank’s training workshop for African journalists in Dar-es-Salaam.Bird said that as African cities were growing in population, there was need to improve their infrastructure to fast track development on the continent.She quoted the 2016 World Bank Report as saying that Africa’s…