Nigeria's wealth inequality has reached a critical level, with the nation's wealthiest individuals accumulating unprecedented fortunes while millions struggle to meet their basic needs. A recent report by Oxfam revealed that the combined net worth of Nigeria’s four richest billionaires—estimated at $23.7 billion—is substantial enough to cover the entire city...

Kenya has announced plans to allow citizens from nearly all African countries to enter without prior authorization, following a new directive issued by the cabinet. In 2023, Kenya introduced a “visa-free” policy that required most visitors to obtain an online authorization before traveling. However, the implementation of the Electronic Travel...

The countdown to the 2025 TotalEnergies Africa Cup of Nations (AFCON) has officially begun, with Morocco preparing to host the continent’s premier football tournament for the second time in its history. With the qualification rounds concluded and the 24 participating teams confirmed, fans can now look forward to the 35th...

UK-based retail trading platform Trading 212 has announced the expansion of its debit card services to 20 countries across continental Europe through a collaboration with Marqeta. The launch, revealed on Wednesday, comes a year after the company first introduced its debit card in the UK market. The new card will...

Edyn, the serviced apartment and aparthotel group, has announced the appointment of Alastair Thomann as CEO, effective immediately. He replaces Daniel Carre-Bishop, who had been serving as interim CEO and will now resume his responsibilities as CFO. Thomann brings extensive leadership experience to his new role, having previously served as...

Foreign direct investment (FDI) is facing a turning point, according to the latest Global Investment Trends Monitor published by the United Nations Conference on Trade and Development (UNCTAD). The report indicated that global FDI grew by 11% in 2024, reaching an estimated $1.4 trillion. However, when excluding flows passing through...

Rodrigo Liang, CEO and co-founder of U.S.-based AI chip startup SambaNova, has indicated that the company is preparing to unveil an upcoming collaboration in Turkey. During his appearance at the World Economic Forum in Davos, Switzerland, Liang shared insights with business news outlet Bloomberg HT, highlighting SambaNova’s commitment to enhancing...

Binance CEO Richard Teng has underscored that despite Bitcoin surpassing the $100,000 milestone, the cryptocurrency industry is still in its early phases, offering vast opportunities for growth and innovation. Exploring the Limits of Possibility While Bitcoin at $100K is now widely acknowledged, questions persist regarding its future trajectory, with skeptics...

Few people embody the seamless connection between professional achievement and heartfelt philanthropy like JP Conte. He has carved out a legacy that blends business acumen with a deep commitment to giving back. Today, his philanthropic initiatives serve as a testament to the power of leveraging success for meaningful change. Growing...