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Hohm Energy, a South African solar company, finds itself in a precarious situation just months after successfully raising $8 million in seed funding. The company has entered a business rescue process due to severe cash flow issues and an inability…
Kenya has officially approved a $907 million proposal from Adani Energy Solutions, a key subsidiary of the Adani Group. This ambitious project aims to construct new power transmission lines and substations across Eastern and Western Kenya, marking a pivotal step…
Access Bank Plc has sold off 8% of its stake in its Botswana subsidiary Access Bank Botswana. The action caused the popular Nigerian banking group shares to jump from P1.80 to P2.04. Access Bank Botswana Sells Stock as Growth and…
The Infinix GT 20 Pro 5G is a mid-range gaming smartphone with the most powerful chipset in this category, ensuring great performance during gaming. This phone could be a compelling option for mobile gamers looking for a phone that can…
Kenya banks’ assets fell by 2.7% to $58.2 billion in Q1 2024, reflecting a significant contraction in the sector. According to the Central Bank of Kenya (CBK), this decline is primarily attributed to an 18.5% drop in foreign currency loans,…
“How to borrow money from FairMoney bank in Nigeria”, is one question many Nigerians wonder about. This is because fast and dependable financial assistance is becoming increasingly widespread every day. With the emergence of various digital lending platforms like FairMoney Bank, borrowing…
Google Adds South African Markers: Google has introduced a unique highlight label that separates some South African businesses from others in organic search results. This development is part of Google’s efforts to comply with the Competition Commission’s remedial actions. It…
Manufacturers adapt to tariff increase as Nigeria battles rising energy costs and economic challenges. The 240% electricity tariff increase by the Nigerian Electricity Regulatory Commission (NERC) has been met with strong opposition from manufacturers and Labour Unions. With energy consuming…
Vodacom’s R7.4 Trillion Mobile Money: Vodacom Group has expanded to the point of getting more than US$ 400 billion (R7.4 trillion) in transaction value annually through its mobile wallet offerings. The company transacted $ 400.2 billion through its mobile money…
Finding the most profitable business in Nigeria with low capital in 2024 could be the start of something great, either for raising income or for long-term purposes. Many people have yearned to get into business, but as much as they have…
