In a significant move aimed at boosting industrial development across Africa, African Export-Import Bank (Afreximbank) signed a US$450 million global…
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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 pivotal component…
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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 Zone Company.
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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 of Eni’s…
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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 Latin America…
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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 of 2,640,171…
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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 tour of…
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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, movie producer…
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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 implementation of…
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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 of two…
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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 develop the…
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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 Norwegian Refugee…
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