The Commerce Africa African Reneissance

Prof. Umar Danbatta, Executive Vice Chairman, Nigerian Communications Commission (NCC), says active GSM subscribers in the country have increased from 184 million in December 2019 to 199.3 million in May 2020. Danbatta made the disclosure at the virtual launch/award ceremony of the COVID-19 Research Grant presented to three startups, by …

Oil prices increased on Wednesday, extending its previous gains, amid a bigger-than-expected fall in US crude inventories. Industry data showed US oil stockpiles dropped by 6.4 million barrels in the latest week to about 501.2 million barrels, compared with market consensus of a draw of 1.9 million barrels. Sentiment was …

The South African government Tuesday launched a new mechanism to improve the country’s export environment. According to Lerato Mataboge, the Deputy Director-General of export development of the Trade Department, the newly launched Export Barriers Monitoring Mechanism (EBMM) is designed to help local businesses overcome the barriers to exports more effectively …