Business, Finance & Economy

    Latest Business News, Finance News, Economy News, breaking business news, trending finance news, business updates, investment opportunities around the globe.

    Green energy transition vital for Africa’s future

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). African countries have been at a crossroads of whether to continue adopting the green energy transition in full throttle, or tap...

    First Person: Ukrainian ‘city of heroes’ plans post-invasion future

    Alexander Senkevich, the Mayor of Mykolaiv, spoke to UN News about reconstruction efforts and the role of the United Nations amidst the threat of...

    EAC integration grows with Tanzania, Rwanda new border post

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). Tanzania and Rwanda are warming up to set up second official border post. Currently, Rwanda is the third largest user of Dar...

    Global trade growth turns negative after record year: UNCTAD

    That’s according to UN trade and development agency, UNCTAD, whose analysts said that global growth “turned negative” during the second half of 2022. The UN...

    Dubai ports world | Dp World | 2023

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). Dubai Ports World (DP World), based in the United Arab Emirates, is rapidly expanding its operations across Africa to become a...

    Importance of Pulses for Food Security in Tanzania

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). Pulses are an important component of the global agrifood system and play a critical role in food security, nutrition, and economic...

    Tesla to import Tanzania’s graphite from Magnis Nachu project

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). Australian firm Magnis wins deal to supply Tesla’s graphite Magnis subsidiary to mine under Special Economic Zone license Tesla to import in excess...

    Safaricom Chairman John Ngumi resigns after six months

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). Safaricom Limited Chairman John Ngumi has resigned as the Chairman of the board effective 22nd December 2022 six months after his...

    Kenya’s NBK launches $70Mn initiative for women enterprises

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). The National Bank of Kenya has launched a $70 million new initiative aimed at empowering women entrepreneurs in the country. The Nia...

    Gebeya and Microsoft to train 300,000 developers in Africa

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). Gebeya and Microsoft aim to bridge the gap between Africa’s burgeoning tech-savvy youth and the global digital economy. The pair is building...

    East Africa: The hub for African trade

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). For years, the East African Community (EAC) struggled with divisions among member states mainly on key trade agreements slowing down the...

    Bong residents accused of power theft

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). By Thomas Domah, Nimba County The general manager of Jungle Energy Power (JEP) in Nimba County has accused residents of Gbarnga, Bong County of...

    Live Scores feature within Opera Mini browser surpasses 50 million users

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). OSLO, Norway, 19 April, 2023 -/African Media Agency(AMA)/- Opera is announcing a major milestone: Opera Mini’s Live Scores feature has surpassed...

    Fitch Ratings: Seychelles maintains ‘BB-‘ rating with positive outlook

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). The Ratings, which came out on Friday, stated that tourist arrivals and tourism earnings increased by 5.7 percent and 5.8 percent...

    How Can Public-Private Partnerships (PPPs) be Successful?

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). WASHINGTON, USA, 07 July 2023-/African Media Agency(AMA)/Public-Private Partnerships (PPPs) enable governments to procure and deliver public infrastructure/services and...

    Elon Musk’s fortune takes a knock Forbes and Guinness report

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). Elon Musk, Tesla, and SpaceX command a cult following from legions of fans worldwide. Musk’s fortune tumbled by a staggering 60% in...

    SAP GROW launched to accelerate small & medium businesses’ cloud adoption across South Africa

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). JOHANNESBURG, South Africa, 23 August 2023 -/African Media Agency(AMA)/- SAP Africa announced the South African launch of GROW with SAP, a...

    1st Regional Popularization Workshop of the New AU Policies on the Prevention of Trafficking...

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). ADDIS-ABEBA, Éthiopie, 24 August 2023 -/African Media Agency (AMA)/-The African Union Commission Department of Health, Humanitarian Affairs and...

    CBL raises concerns over non-performing loans

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). The Central Bank of Liberia (CBL) has frowned on the high level of non-performing loans (NPLs) in the banking...

    Under President Lula, Brazil rekindles trade ties with Africa

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). As of 2021, the value of Brazil-Africa trade was $7.4 billion, being 56 percent drop from $17 billion in 2011. Brazil’s energy...

    Orange unveils Super-app, Max it, in 5 African economies

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). Orange’s Max it is a “super-app” designed to be a portal for mobile services that simplifies the digital experience and eases...

    In UAE, a new deal to strengthen startups launched

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). The Annual Investment Meeting and Emirates Angel Investors Association agree to turn UAE into a thriving base for startups. The collaboration is...

    Access to Internet key to Transforming Africa’s Agricultural Sector

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). Limited internet access is inhibiting the uptake of agricultural innovations across Africa. While Agriculture remains the backbone of Africa’s economy, farmers in...

    Silicon Zanzibar ambitious journey to Africa’s tech hub 2023

    Photo credit: DiasporaEngager (www.DiasporaEngager.com). The ambitious project, dubbed “Silicon Zanzibar,” is rapidly gaining momentum. Silicon Zanzibar is a public-private initiative led by the Zanzibar Ministry of...