by afrikanfrontier | Feb 15, 2024 | Business, Finance, News
Nigeria’s financial landscape is reeling from the sudden and tragic loss of Herbert Wigwe, the co-founder and CEO of Access Bank. The 57-year-old visionary leader, along with his wife, son, and three others, perished in a helicopter crash in California’s...
by afrikanfrontier | Feb 15, 2024 | Business, Finance, News, Politics
Zimbabwe’s economic woes take a new turn as the government contemplates backing its currency with gold. This proposal, announced by Finance Minister Mthuli Ncube, aims to combat the rampant exchange rate volatility crippling the nation. The Zimbabwe dollar has...
by afrikanfrontier | Feb 15, 2024 | Business, Finance, News, Politics
Ghanaian President Nana Akufo-Addo has sent shockwaves through the nation with a major cabinet reshuffle, just months ahead of December’s crucial elections. In a move that carries significant political implications, the president dismissed Finance Minister Ken...
by afrikanfrontier | Feb 9, 2024 | Business, News, Politics
The Democratic Republic of Congo (DRC) is taking a bold step towards tackling the challenges of its artisanal cobalt mining sector. Led by the state-owned Entreprise Generale du Cobalt (EGC), a new initiative aims to formalise and regulate this industry, notorious for...
by afrikanfrontier | Feb 9, 2024 | Business, News, Politics
Ethiopia could be emerging as a frontrunner in the global Bitcoin mining scene. With the recent launch of the Grand Ethiopian Renaissance Dam (GERD) power plant, the nation boasts a significantly boosted power supply, projected to double by full capacity. Coupled with...
by afrikanfrontier | Feb 9, 2024 | Business, News
Mozambique has set its sights on becoming a hydroelectric powerhouse in Africa, unveiling a bold plan to significantly increase its hydropower capacity. The government’s ambitious Energy Transition Strategy outlines a plan to add 14,000 megawatts of hydropower...