European carriers are grappling with disruptions and suspended flights throughout the African continent as Niger’s junta enacted a sudden closure of its airspace on Sunday. The move has prompted concerns and added…
In a strategic move that underscores the changing dynamics of the pharmaceutical sector and the economic challenges faced by businesses in Nigeria, GlaxoSmithKline Nigeria (GSK Nigeria) has announced its decision to halt…
Diageo, the world’s leading spirits maker, recently reported a dip in its annual sales volumes, with its East Africa operations bearing the brunt of the impact. According to Lavanya Chandrashekar, Chief Financial…
Standard Chartered has announced its decision to sell its subsidiaries in five sub-Saharan African countries to Nigeria’s Access Bank. The move follows Standard Chartered’s plan, unveiled last year, to divest its businesses…
Ivory Coast, the world’s leading cocoa-producing nation, has been hit by a series of heavy rains and floods in recent weeks, prompting the suspension of cocoa contracts for the 2023-2024 season. The…
LeapFrog Investments, a sustainability-focused asset manager, has announced its ambitious plan to invest USD 500 million in companies addressing climate change in Asia and Africa. The commitment was unveiled at the Climate…
Air France KLM, one of Europe’s leading airline groups, has set its sights on expanding further in Africa as the continent’s travel demand continues to grow. Executives at the company emphasized that…