The African Development Bank (AfDB) has signed a $75 million loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited…
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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 Abuja February…
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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 Benin from…
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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 with the…
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Dangote Petroleum Refinery starts production
President of Dangote Group, Alhaji Aliko Dangote, elatedly thanked President Bola Ahmed Tinubu for his support, encouragement, and thoughtful advice…
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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 secured a…
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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 100% of…
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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 seven major…
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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 years, even…
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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 1,400 rooms…
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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 cards: the…
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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 Prize for…
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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 Africa Acceleration…
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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 in 2023…
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