Saturday, April 18, 2026
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Business

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

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BOOK REVIEW: Personal Cost Control Strategies

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The Swift Ascendant Lands in Abuja: Martell’s Monumental Journey of Audacity Reaches the FCT

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PR Industry Leaders Hail Adejumoh’s Book, Advocate Strategic Shift in Practice

L-R: Chief Yomi Badejo-Okusanya (YBO), Chairman, Board of the...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

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NCC Spotlights Renewable Energy on World Consumer Rights Day

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Governors, NCC Set for Broadband Awareness Forum Oct 20

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Capital Market

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

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NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

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Insurance

NIA to Honour Past Governing Council Members

The Nigerian Insurers Association (NIA) is pleased to announce...

Nigeria Hosts 1st ECOWAS Brown Card Zonal Meeting 2026 in Lagos

‎The Commissioner for Insurance, National Insurance Commission, Mr. Olusegun...

Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, and United...

NAICOM Pledges Commitment to Labour Standards, Staff Welfare

The National Insurance Commission (NAICOM) reaffirms its strong commitment...

Business

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

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  https://consumervalue.vercel.app/nominate In a bold step to deepen consumer voice and...

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ICT

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  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

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NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

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Insurance

NIA to Honour Past Governing Council Members

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Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

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COMESA, Microsoft Promote Access, Skills, Innovation in 19 African Countries

The Common Market for Eastern and Southern Africa (COMESA) through the COMESA Business Council (CBC) and Microsoft have taken a step toward strengthening their working alliance by signing a Memorandum of Understanding (MoU), which sets out how they will collaborate in the areas of access to technology, development of relevant skills and the fostering of innovation in COMESA’s 19 member States.

This is in line with the Microsoft 4Afrika Initiative’s three core focus areas (World-class skills, Access and Innovation).

The MoU will promote access to technology to COMESA Member States based on a Trusted Cloud Infrastructure that focuses on the secure deployment of modern IT operations. It is also expected this collaboration will accelerate and promote the adoption of innovative high-speed low-cost connectivity initiatives, including through new policy approaches to spectrum management such as dynamic spectrum access.

It will also encourage the use of cloud technologies through the adoption of important enabling policies in the areas of cyber-security, data privacy and data protection.

Mr. Sindiso Ngwenya, COMESA’s Secretary General during the signing, said: “Business technology has revolutionized the way countries and firms conduct business. We are in an age where the planning processes of organizations is through instruments and solutions that promote quality management, and respond to age –old constraints of time limitations and high costs of operations.”

“Through Microsoft’s 4Afrika Initiative, we have been working to increase regional trade and the growth of the knowledge economy in Africa,” says Antony Cook, Associate General Counsel, Legal and Corporate Affairs Microsoft, Middle East and Africa.

“Through influential partnerships, such as the one with COMESA, we aim to scale across the region further to impact not just thousands, but millions.”

“Through this collaboration, we will bring policy makers and businesses together and empower them to take advantage of the cloud-first, mobile-first world.

With the right policies and regulations in place, people will be encouraged to use cloud technology, develop their own IP and ultimately participate in trade and e-commerce across borders. With innovative eGovernment services, citizens and businesses will additionally benefit from safe online transactions, open borders, efficiency and increased foreign investment,” adds Cook.

The implementation of the MoU will be the responsibility of the COMESA Business Council, as the voice of the private sector in the region.

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Topics

Oil Prices Driving Lower Growth in Sub-Saharan Africa

Latest report by the World Bank Group suggests that low oil prices have considerably reduced growth in commodity-exporting countries in Sub-Saharan Africa, especially in Nigeria and Angola etc. and have also slowed activity in non-oil sectors. The report says that although South Africa is expected to be one of the main beneficiaries of low oil prices, growth is being held back by energy shortages, weak investor confidence amid policy uncertainty, and by the anticipated gradual tightening of monetary and fiscal policy. Growth in the region is forecast to slow to 4.2 percent, slower than previously expected.

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