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Latest International Business News & Headlines | Pulse Ghana

Moniepoint reaches African unicorn status with $110 million funding boost

Moniepoint Inc has successfully raised US$110 million in equity financing, to power the dreams of millions of businesses and their customers across Africa and the diaspora.

Africa’s top 20 billionaires: Exploring net worth and luxurious journeys of continent’s wealthiest

Africa’s top billionaires have built their wealth through innovation, grit, and bold business moves, transforming their respective industries. From manufacturing and mining to telecommunications and consumer goods, these titans are shaping the economic landscape of Africa and beyond. Let’s explore their sectors, lifestyles, and journeys to success, highlighting not just their financial worth but also their impact on the continent.

Jacob Zuma’s daughter becomes the 16th wife of Eswatini's King

Jacob Zuma’s daughter, Nomcebo Zuma, is officially the 16th wife of the <a href="https://africa.businessinsider.com/lifestyle/these-3-wealthy-african-kings-are-worth-dollar63-billion/89262c2">King of Eswatini, formerly Swaziland</a>, following a traditional ceremony on Monday night.

#EndbadGovernance: Nigeria police may seek military intervention to end violent protests

The Nigerian police are on red alert and may soon seek military intervention to maintain order following a wave of violent protests that have erupted in several major cities across Nigeria.

MTN Nigeria reports ₦519.1 billion loss in first half of 2024

MTN Nigeria reported a substantial loss after tax of ₦519.1 billion in the first half of 2024, largely due to challenging macroeconomic conditions in Nigeria, including record-high inflation and a weaker naira.

Police in Ghana ban youths from protesting high cost of living crisis

The youth-led demonstrations planned to be held between July 31 and August 6 were intended to address a range of pressing issues and concerns that resonate deeply with many citizens

Ivory Coast ranks as the best-rated sovereign in Sub-Saharan Africa - report

According to the index, the yield on Ivory Coast’s debt maturing in 2028 fell 13 basis points to 7.09% on Monday, the lowest since April 15. South Africa’s dollar debt due in 2030 traded at a yield of 6.9%, down from over 8.5% in October.

China dethrones USA as the most influential global power in Africa: Report

China has dethroned the United States of America (USA) as its approval ratings in the region rose six percentage points, from 52% in 2022 to 58% in 2023, two points ahead of the U.S. According to the report, <a href="https://africa.businessinsider.com/local/careers/china-is-fast-becoming-a-top-destination-for-african-students-who-want-to-study/898pd8h">China recorded its highest leadership approval rating</a> in Africa in a decade, while <a href="https://africa.businessinsider.com/local/leade...

ByteDance prefers to shut down TikTok in US instead of selling it to American buyer

The US market accounted for approximately 25% of TikTok’s total revenues last year

10 African countries that waste the most food in 2024

Nigerians waste 113kg of food at home per year, amounting to 24.79 million tons of household food waste in the country—the highest in Sub-Saharan Africa.

Homo Sapiens originated in Africa over 300,000 years ago, according to a new study

By analysing the modern and ancient genomic data for Europeans and Asians, researchers concluded that modern humans descended from Africa before migrating out of the continent

Top 5 highest-paying jobs in Africa in 2024

More Africans are resigning from their jobs in search of healthier company culture and better work-life balance as opposed to just wanting a higher salary.

World's longest subsea cable spanning 45,000km has landed in Nigeria

The deep-sea cable project will connect 32 other African countries and directly support economic development in Africa, fostering further growth of 4G and 5G

48% of Kenyans are feeling financially stressed, new Old Mutual Group survey finds

48% of workers said their financial stress has increased since before the Covid-19 pandemic began in March 2020

Kenya, Egypt, and Nigeria dominate Africa's investment hotspots list in 2023 - Report

The Africa Investment Report 2023” revealed that Kenya, Egypt, Nigeria, and South Africa collectively account for a dominant 68% share of the continent's total investment influx in 2023.

Africa's seven richest men have more wealth than the poorest 700 million people on the continent

Seven of Africa's richest men hold a collective wealth of $52 billion, exceeding that of the 700 million people constituting the poorest half of the continent's population

Top 10 African cities with the best quality of living

According to the report, Port Louis, located in Mauritius, is the city with the best living standards and safest in Africa; it is followed by Victoria, the capital of Seychelles

Ericsson report forecasts 85% of global population to have 5G by 2029, with Africa leading the way

Mobile subscriptions in Sub-Saharan Africa are predicted to top 1.1 billion by the end of 2029, with 5G being the fastest-growing subscription type between 2023 and 2029 at 60% annually, according to a new report.

Most powerful African women in the world 2023

On December 5th, Forbes released its 2023 Most Powerful Women in the World’s list, ranking 64 of the most powerful women in the world.

Top 5 largest economies in East Africa ranked

In this article, we explore the vibrant economic landscape of East Africa, where a dynamic interplay of factors has propelled specific nations to the forefront of the region's economic growth.