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African Leadership magazine profiles African economist, entrepreneur, and philanthropist, Tony Onyemaechi Elumelu as our African of the Week Elumelu is the Chairman of Heirs Holdings, United Bank for Africa, Transcorp, and founder of the Tony Elumelu Foundation. He is known for his Africapitalist business models and philanthropy. He is a seasoned economist, with a long-standing history...
With the elevation of border and travel restrictions by most African authorities, WHO emphasized the need for governments to take effective measures. To mitigate the risk of a surge in infections due to the resumption of commercial flights and airport operations. Many African governments acted swiftly, implementing confinement and...
Businesses in South Africa are struggling following the disruption of regional and global activities across the tourism, manufacturing, agriculture, and other sectors due to the economic and social impact of the COVID-19 pandemic. In the light of this, IFC, a member of the World Bank Group is working with financial...
As part of efforts towards facilitating the country’s urbanization policy, Uganda government moves to decongest the city capital Kampala, by creating seven new cities across the East African country. According to David Bahati, the country’s minister of State for Finance, the creation is in line with the country’s urbanization policy...
As part of efforts towards making Africa a hub for light commercial vehicles, Nissan Motor Co reveals its plans to launch seven new models in Africa over the next two years, its company executives said recently. Following the pandemic, the company encountered its first annual loss in eleven years, as...