Fidson Healthcare partners 3 Chinese firms to boost domestic healthcare production
Post AMUGE
3 hrs
Business a.m. Fidson Healthcare Plc signed a Strategic Cooperation Memorandum with Jiangsu Aidea Pharma, Nanjing PharmaBlock, and the China-Africa Development Fund, in a move towards boosting Africa’s self-sufficiency in healthcare, particularly in the fight against HIV, The agreement, which was inked in Beijing, China on September 2, 2024, signals the establishment of a joint venture […]
Logistics firm, AAJ Express, goes nationwide with doorstep delivery
Post AMUGESeptember 16, 2024
Adekunle Adeyemo, founder/CEO, AAJ Express Sade Williams/Business a.m. International logistics company, AAJ Express, says it has launched its nationwide doorstep delivery service in Nigeria, marking the company’s entry into the local logistics market, and driven by years of operational excellence and innovation on the global stage. According to the company, in a statement, after establishing […]
Nestlé backs public-private partnership to curb unemployment crisis
Post AMUGESeptember 16, 2024
Business a.m. Nestlé Nigeria Plc has made a call for stronger partnership between the private sector and the Federal Government to tackle the issue of youth unemployment in the country. Wassim ElHussein, managing director of the food and beverage specialty company stated this in his keynote address at the inaugural graduation ceremony of the new […]
Airtel Africa pumps $500,000 into fellowship scheme to boost education in Africa
Post AMUGESeptember 16, 2024
Business a.m. Airtel Africa, through its charitable foundation, the Airtel Africa Foundation, has allocated $500,000 as the initial funding for the recently unveiled Airtel Africa Fellowship Programme. The Airtel Africa Fellowship Programme is designed to benefit 10 undergraduate students from 14 African countries, namely Nigeria, Kenya, Malawi, Uganda, Zambia, Tanzania, Rwanda, DRC, Niger, Chad, Congo […]
Against all odds, Dangote Group pursues $30bn revenue target for 2025
Post AMUGESeptember 16, 2024
Business a.m The Dangote Group has made the leap from being solely Nigerian-based to a pan-African enterprise with operations in 14 African countries. Despite navigating an array of obstacles, including complex visa processes, unpredictable government policies, inadequate technical talent, infrastructure deficits, foreign exchange crisis, inflation, high cost of capital, and numerous other conflicts, the Group […]
UBA Foundation champions Africa’s sustainability drive with ambitious tree planting initiative
Post AMUGESeptember 14, 2024
Business a.m. The United Bank for Africa Foundation has unveiled a tree-planting campaign with a pledge to plant one million trees across the African continent. The initiative, tagged “Our Land: Grooming a Greener Future”, was launched recently at a tree-planting event held at the UBA Foundation Garden in Lagos, Oliver Alawuba, the group managing director/chief […]
N818.3bn FMCG losses hint at economic freefall for Nigeria, says analyst
Post AMUGESeptember 13, 2024
Business a.m. Nigeria’s fast moving consumer goods (FMCG) sector’s weak performance in the first of 2024, resulting in massive losses, raises red flags for the country’s overall economy. Unless swift action is taken to address this issue, analysts at advisory services firm, Kreston Pedabo fear that a major downturn could be on the horizon. Nigeria’s […]
Field takes action on Africa’s maternal mortality crisis with $11m-backed service
Post AMUGESeptember 10, 2024
Business a.m. Field, an African healthtech leader, has announced the launch of a route-to-market service that will bring emerging therapies to address pressing issues such as maternal mortality, newborn and child health, and nutrition, to the fore. The new initiative will combine Field’s proprietary technology, distribution, and financing services, which currently support a network of […]
Nigerian startups receive boost as NCAIR, Google launch N100m AI fund
Post AMUGESeptember 10, 2024
Business a.m. Nigeria’s National Centre for Artificial Intelligence and Robotics (NCAIR), with the support of Google, has announced the launch of the AI Fund, a N100 million initiative aimed at supporting Nigerian startups that are utilising Artificial Intelligence (AI) in their development of innovative solutions. This initiative follows a series of strategic programmes by the […]
Euromoney names GTBank best bank for CSR in Nigeria
Post AMUGESeptember 9, 2024
Guaranty Trust Bank Ltd (GTBank), the flagship subsidiary of Guaranty Trust Holding Company Plc (GTCO), one of the largest financial services institutions in Africa, has been named Best Bank in Corporate Social Responsibility in Nigeria at the prestigious Euromoney Awards for Excellence 2024. This recognition underscores GTCO’s unwavering commitment to excellence, going beyond offering innovative […]