Nigeria advised to implement progressive taxation to bridge revenue gaps
Nigeria faces an annual financing shortfall of over US$10 billion to meet its Sustainable Development Goals (SDGs). A…
Nigeria
ARISE IIP secures $450 million for industrial parks
In a significant move aimed at boosting industrial development across Africa, African Export-Import Bank (Afreximbank) signed a US$450…
Potentials, risks of Africa in global liquefied natural gas markets
By NJ Ayuk – The global energy marketplace is shifting toward the acceptance of natural gas as a…
IFC invests $50 million in Lagos Free Zone Company
The International Finance Corporation (IFC) has announced an equity investment of up to $50 million in Lagos Free…
Oando to discuss expansion in Africa at energy forum in Paris
As one of Africa’s largest indigenous energy companies, Oando is experiencing significant growth, driven by its landmark acquisition…
Alabuga Start Expands in Russia: Experience of Participant from Nigeria
The Alabuga Start program is actively expanding in Russia, aimed at relocating young women from Africa, India, and…
U.S. population up 2.64 million with addition of one migrant every 23 seconds
The U.S. Census Bureau projects the U.S. population to reach 341,145,670 on New Year’s Day, an annual increase…
African youth tech venture entrepreneurs tour South Korea
Twenty promising youth entrepreneurs from African technology ventures and enterprise support organizations have embarked on a two-week study…
UNAIDS appoints Goodwill Ambassador for Nigeria
The Joint United Nations Program on HIV/AIDS (UNAIDS) announced the appointment of Funke Akindele, a multiple award-winning actress,…
AfDB to help Nigeria develop eight agro-industrial zones
The African Development Bank (AfDB) Group has reached an agreement with participating Nigerian state governments to speed up…
Protea Hotels by Marriott expands footprint in Africa
Protea Hotels by Marriott, part of Marriott Bonvoy’s global portfolio of over 30 brands, today announced the opening…
Africa Finance Corporation, Itana set to develop digital economic zone
Itana, Nigeria’s first licensed digital economic zone management company, and Africa Finance Corporation (AFC), have agreed to jointly…
Severe floods hitting most vulnerable in Sahel
Recent floods in northeast Nigeria have displaced at least 50,000 people from their homes since the weekend, says…
US agencies host workshop in Ethiopia on seed systems development
The U. S. Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS), in partnership with the Iowa State University’s…
MultiChoice invites filmmakers, storytellers to apply for its program
MultiChoice Talent Factory announce invited aspiring filmmakers, scriptwriters, producers, and storytellers to apply for entry into the 2025…
African Development Bank outlines 2023 Dakar 2 Summit
Since the Dakar 2 Summit, six African countries have set up Presidential-level Councils to drive implementation of the…
African Development Bank to boost fertilizer production in Nigeria
The African Development Bank (AfDB) has signed a $75 million loan agreement with Nigeria’s Indorama Eleme Fertilizer and…
IMF advices Nigeria to address rising food insecurity
An International Monetary Fund team, led by Axel Schimmelpfennig, IMF mission chief for Nigeria, which visited Lagos and…
123 WTO members finalize Investment Facilitation for Development Agreement
Ministers representing 123 the World Trade Organization (WTO) members, including Nigeria, Angola, Uganda, Zimbabwe, Malawi, Morocco, Togo and…
U.S. Africa Command head advances U.S.-Nigeria cooperation
U.S. Marine Corps Gen. Michael Langley and Sgt. Maj. Michael Woods visited Nigeria last week to advances cooperation…
Dangote Petroleum Refinery starts production
President of Dangote Group, Alhaji Aliko Dangote, elatedly thanked President Bola Ahmed Tinubu for his support, encouragement, and…
Husk secures $43 million for Africa, Asia energy projects
Husk Power Systems (Husk), the leading minigrid company serving rural communities in Sub-Saharan Africa and South Asia, has…
African Energy Chamber welcomes Nigeria oil company deal
The African Energy Chamber (AEC) endorses the ground-breaking agreement between Oando PLC and Eni for the acquisition of…
Islamic Trade Finance Corporation inks $1.2 billion deal
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IsDB), has signed…
Impact, concerns and prospects of Chinese investments in Africa
By Andualem Sisay Gessesse – Official reports show that China has been Africa’s largest trading partner for 12…
Radisson Hotel Group announces seven new hotels in Africa
Radisson Hotel Group continues its ambitious growth in Africa with the signing of seven new hotels, adding over…
Access Bank introduces American Express credit cards in Nigeria
In maintaining its leadership status as Nigeria’s most innovative bank, Access Bank has unveiled two new consumer credit…
Africa Prize selects four engineering innovations
Four innovators from Nigeria, South Africa, Tanzania and Uganda have been selected to compete for the £25,000 Africa…
FSD Africa, Swiss foundation, Rwanda National Bank launch partnership
FSD Africa has partnered with the Swiss Re Foundation and the National Bank of Rwanda to launch BimaLab…
Radisson Hotel expands presence in Africa
Radisson Hotel Group, one of the fastest-growing hotel companies in Africa, plans to strengthen its robust African presence…