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West Africa Hub:
Plateforme industrielle de Diamniadio
Bâtiment Administratif 5eme étage
Diamniadio
Senegal
East and Central Africa Hub:
Kigali – Rwanda
Kigali Business Center (KBC)
Kacyru, Kigali
Rwanda
Info – derrick.denecker@ecosystemcapital.africa
Derrick de Necker – +27606568137
Business owners, workers and residents of Lagos are jittery as the government has announced that Third Mainland Bridge, the business bridge in Nigeria and the second longest in Africa would close for six months. The Nigerian government announced that one lane of the 11,800m bridge would be closed for three months followed by the other […]
Any day of the week, between the hours of 7 in the morning and 5 in the evening, traders mostly women would gather at the Olowu Market in Epe, about 100 kilometers from the centre of Lagos, Nigeria and receive wildlife of different types, species and sizes from hunters. They pay the hunters a fraction […]
The Nigerian government has announced a $200m Content Intervention Fund for indigenous service providers in the country’s oil industry. President Muhammadu Buhari made the announcement in his speech on Friday, June 12 – Nigeria’s Democracy Day in which he outlined that the fund is expected to boost the participation and investment of Nigerians in the oil […]
The Minerals Council South Africa, which represents mining operators in the country, has denied claims the sector is fast becoming the epicentre of Covid-19. The mining industry, which employs nearly a half a million people has come under increased scrutiny over its response to the virus. Under level three of lockdown regulations, the sector is […]
Six days out of every week, James Agbebi wakes up as early as 5am to prepare for work. 6.30 am. He opens twin door of his printing shop on Agunbiade Street in the heart of the Lagos’s printing hub at Shomolu and headed to a small cage, locked with a large padlock beside his shop. […]
With dwindling revenue, Nigeria has revealed plans to tax video streaming sites, companies that offer digital content downloads and social medial platforms. The companies which provide services to Nigerians and earn revenue in Naira are expected to pay digital tax to the Federal Inland Revenue Service, according to a Companies Income Tax Order 2020 issued […]
The global airlines body (IATA) has released a 2020 air transport economic outlook with African airlines recording a combined loss of $2 billion a stark contrast from the 200 million loss that was predicted in 2019. The airlines industry has been one of the most hard hit due to the travel restrictions with most regions recording negative operating […]
The two-year, comprehensive feasibility study will assess the proposed project’s technical, economic, environmental and social viability The African Development Bank’s Board of Directors has approved a $1.2 million grant to Ethiopia’s government to finance a feasibility study for construction of a standard-gauge railway (SGR) link between Ethiopia and neighbouring Sudan. The grant, from the African […]
Nigeria’s total foreign trade decreased by 17.94% to N8.3trn ($21.4bn) in the first quarter of 2020 when compared with the forth quarter of the previous with a figure of N10.12trn ($27bn), according to new data released by the National Bureau of Statistics. However, the latest figure represents a 0.8% year on year increase from the […]