An AI African Intelligence Site
Earthquake: Coca-Cola to Support Morocco with $1.4m The Coca-Cola system has committed $1.4 million to relief efforts in Morocco following the recent earthquake. The Coca-Cola Foundation has also donated $1…
EIB, COFINA to Boost Agriculture in Côte d’Ivoire, Senegal Compagnie Financière Africaine (COFINA) in Côte d’Ivoire and Senegal and the EIB signed today a memorandum of understanding with the support…
Selloffs in GTCO, Nestle Drag NGX Down By N36bn Selloffs on shares of GTCO, and Nestle Nigeria among others drag the Nigerian Exchange (NGX) lower by N36 billion, according to…
Oil Prices Back to 10-Month High After EIA Warning Oil prices are back to a 10-month high on Thursday as concerns over tightening oil supply gained ground over heightened demand…
Capt. Olayiwola Becomes First Chartered Master Mariner in Africa Nigeria’s Capt. Kunle Olayiwola has been decorated as a Chartered Master Mariner, making him the first African to achieve the feat.…
Oil Rallies as Storm Disrupts Output in Libya The crude oil market rallies following supply disruptions in Libya, output cuts from Saudi Arabia and Russia, and positive expectations over the…
UK Economy Shrinks More Than Expected in July UK: Britain’s economic output has shrunk by a larger-than-expected 0.5 per cent in July after a growth of 0.5 per cent in…
Fitch Affirms Uganda at ‘B+’ with Negative Outlook On an expectation that the economy will surge 5.3% in 2023, Fitch Ratings has affirmed Uganda’s Long-Term Foreign-Currency Issuer Default Rating (IDR)…
Exchange Rate Now N742 as FX Transactions Slide to $42.6m The Nigerian naira exchange rate is now at N742 per the United States (US) dollar at the Investors and Exporters…
The number of post offices and postal agencies in Nigeria fell to 2,251 in 2022, new insight from the National Bureau of Statistics has shown. This was 19.43 per cent…