Mureza Auto, a black owned car manufacturing company in Africa, is preparing to roll out its first 100 vehicles to the market next week. The company is based in South Africa and plans to manufacture in Botswana and Zimbabwe as well. …
Founded in Lagos, Paga scaled its fintech business in West Africa, before targeting expansion in Ethiopia and Mexico.
The startup has created a multi-channel network for over 14 million customers in Nigeria to transfer money, pay-bills and buy things digitally through its…
Oluwatobi Ajayi, chairman and chief executive of Nord Automobiles Limited wants to make it easy for every Nigerian to drive a brand-new car so he started a vehicle manufacturing and assembly plant. Nord Automobiles is a Nigerian automotive manufacturer with headquarters in…
The ACFTA trade agreement hopes will create an economic bloc of $3.4 trillion to bolster development and trade across the continent of Africa. The U.N. Economic Commission for Africa, however, estimates an increase in intra-African trade of 52.3 % by 2020, asserting it will increase employment, facilitate better use of local resources for manufacturing and agriculture, and provide access to less expensive products.
VOA News
The University of Nigeria, Nsukka (UNN) yesterday as the institution’s Engineering Faculty successfully unveiled its first five-seater electric car.
Christened Lion Ozumba 551, the car, made with 80 percent
locally-sourced materials, could undertake a 30-kilometer distance when
fully charged.
Vice…
Farming has an image problem in large parts of Africa. For many
people there, it’s synonymous with poverty. So it’s hardly surprising
parents don’t want their children to end up working the land.
Things may be starting to change, though. A growing…
Aliko Dangote’s plan to reduce Nigeria’s dependency on fuel imports will carve out an even bigger slice of the nation’s $376 billion economy for his empire.
Dangote’s future—and, as he likes to say, that of the entire continent’s …
Software developer training and outsourcing company, Andela has announced a $100 million Series D round.
It’s one of the largest ever single rounds raised by an African-focused tech company, keeping pace with Andela’s track record of big-ticket rounds. The
round is led by Generation…
When the majority of people are starving, they think of employment and a desired well-paying employer. Becoming employers usually does not cross the mind. In developing countries, South Africa included, parliaments develop into the battlefields where ruling parties…
We at Global Black History believe that history is important to learn from the past to plan and prepare for the future. Part of that future in the 21st century is entrepreneurship and business ownership. We have achieved political independence across the…