Business247

     The streets of Manhattan came alive with the vibrant rhythms of Africa last Friday, August 14, 2026, as Nigerian highlife powerhouse Chinedu Okoli, globally renowned as Flavour, headlined a sold-out edition of the LOUD IN AFRICA Concert Series at Racket NYC. The highly anticipated event lived up to its billing, drawing a massive, enthusiastic crowd from across the African diaspora, music lovers, and international culture enthusiasts for an unforgettable night of music, dance, and heritage. From the moment the doors opened at 431 West 16th Street, the venue buzzed with high energy. Flavour, true to his title as the "King of Highlife," took the stage and treated the audience to a masterclass in live performance. Blending his signature highlife melodies with contemporary Afrobeats and rich traditional instrumentation, he doled out back-to-back crowd favorites, keeping fans on their feet singing along word-for-word. The night was further elevated by a stellar lineup of s...

  Professional marketing capability in Nigeria has, for years, come in one of two forms: expensive or amateur. Agencies price their work for companies that can absorb ₦500,000 or more per project and wait two to three weeks for delivery. Free tools produce results that read exactly like what they are: software built for hobbyists, not businesses trying to close sales. Most startups, entrepreneurs and SMEs sit stuck between the two, too established for amateur output to hold up, too early-stage for agency pricing to make sense. FrontOffice has launched to close that gap.       The Problem More than 95 percent of Nigerian SMEs fail within their first five years, and ineffective marketing is consistently named as one of the leading reasons, according to industry research on Nigeria's digital marketing landscape. Nigeria now has over 100 million people online, researching, comparing and buying, according to DataReportal's most recent figures. The customers are there. Wha...

Panuel has identified smarter capital allocation and stronger investment management as important factors in unlocking Africa’s economic potential during its next growth cycle. The investment-management company said Africa is undergoing significant structural changes, with urbanisation, digital transformation, infrastructure development and regional trade creating a broad range of new opportunities. However, it noted that the emergence of opportunities alone is not enough to guarantee sustainable economic value. According to Panuel, greater emphasis must be placed on how investment capital is evaluated, allocated and managed across African markets. “Africa’s next growth cycle may be defined less by the question of whether capital will come to the continent and more by how effectively that capital is managed, allocated and connected to the global economy,” a company representative said. The organisation said the increasing integration of African businesses into regional and international...

 By Adetutu Audu ELSOOLTAAN INTERNATIONAL FOR TRADE & INVESTMENT, the founding business of the Elsooltaan Group, has outlined its positioning as a single point of contact for businesses moving in either direction — into Africa or out of it — backed by on-the-ground presence in Egypt and a footprint spanning the US, UAE, and Central Asia. According to the company, the business identifies commercial and investment opportunities across Africa and structures them for international partners and financial institutions, while also helping foreign businesses and investors navigate entry into African and Middle Eastern markets. Its work spans four broad areas: investment and market-entry facilitation, trade logistics and supply (covering import/export sourcing, customs documentation, general contracting, and air/sea/land logistics through a global partner network), advisory services including strategic planning, financial management, and risk assessment, and market access support includ...

  KudiWave Technologies Limited   PalmPay Limited is facing fresh questions over the movement of N750,369,439.04 from an account belonging to KudiWave Technologies Limited while a legal challenge concerning the funds was pending before the Federal High Court in Lagos. KudiWave is demanding a full explanation of the transactions recorded on the account, including an earlier movement of funds on July 11, 2026, before the N750.37 million was taken out again on July 15 under the narration “Judicial Adjustment.” The fintech company said it was not informed before the transactions were carried out and did not authorise the movement of the funds. A review of the account after access was restored showed that money was moved out on July 11 and returned on the same day. Four days later, N750,369,439.04 was transferred from the account. The transactions occurred during a legal dispute over an order made by the Federal High Court on June 29, 2026, affecting funds standing to KudiWave’s cr...

            Nigerian highlife star Flavour is set to headline the LOUD IN AFRICA Concert Series in New York City on August 14, 2026, as organisers prepare for what is expected to be one of the biggest African music events of the summer. The concert will take place at Racket NYC, bringing together music lovers from across the African diaspora for an evening celebrating African music, culture and entertainment. Popularly known as the "King of Highlife," Flavour has built a global reputation with his blend of highlife, Afrobeats and contemporary African music, earning a loyal fan base across Africa, Europe and North America. The event will also feature performances by Naomi Achu, Prince Bright of Buk Bak, Bruck Up (Mr. Excitement), 2Cent, Unathi Nkayi, while Nollywood actress Mercy Macjoe is expected to make a special guest appearance. Speaking ahead of the concert, Founder of LOUD IN AFRICA, Abass Mubarak Akeju, described the event as part of a broader effort...