LAGOS, Nigeria – Stakeholders have stressed the urgent need for massive infrastructure development across Africa to drive sustainable economic growth, job creation, and industrial competitiveness. This position was made known …
AFRICA NEWS
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AFRICA NEWSBanking, Finance & InvestmentEconomyFinance & ServicesInternational RelationsZAMBIA
Zambia Confirms Afreximbank Loan is Commercial, Begins Talks to Restructure It.
Zambia has confirmed that its loan from the African Export-Import Bank (Afreximbank) is a commercial loan and not concessional. The country’s Secretary to the Treasury, Mr. Felix Nkulukusa, made this …
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AfricaAFRICA NEWSFinance & ServicesGlobal NewsLeadershipNigeria
UN Commends AfDB President Akinwumi Adesina for Transformative Global Finance Leadership
The Secretary-General of the United Nations, António Guterres, has praised the President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, for his trailblazing role in reshaping global development finance …
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AFRICA NEWSEducationNigeriaSecurity
WAEC Apologises for Delay in English Language Paper 2 in 2025 WASSCE, Cites Security Challenges
The West African Examinations Council (WAEC) has officially apologised to candidates, schools, and parents over the delay in conducting the English Language Paper 2 during the 2025 West African Senior …
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Dangote Refinery Cuts Nigeria’s Fuel Imports, South Africa Becomes Africa’s Biggest Petroleum Product Importer
Nigeria has lost its position as Africa’s largest importer of refined petroleum products after the Dangote Petrochemical Refinery ramped up operations earlier this year. According to a new report by …
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Nigerians Defy Visa Hurdles as International Travel Projected to Earn More in 2025
Despite the tightening of visa requirements by countries like the United States, the United Kingdom, and several Schengen states, industry experts predict that international travel from Nigeria will generate higher …
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AFRICA NEWSBusiness and EconomyEconomyEnergyFinance & ServicesNigeriaOil & Gas
Dangote Refinery Reduces Diesel Price Nationwide, Sells at N875 in Lagos
Dangote Refinery has again announced a cut in the price of its diesel, bringing further relief to Nigerians who have been grappling with high energy costs. In a statement issued …
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Union Investment Cuts Ties with TotalEnergies Over Human Rights Abuse Allegations in East Africa
A major European investment company, Union Investment, has removed French oil giant, TotalEnergies, from its sustainability funds after new accusations of human rights abuses surfaced concerning a massive oil project …
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UBA Emerges Nigeria’s Strongest Brand in 2024 Brand Finance Ranking
United Bank for Africa Plc (UBA) has been named the strongest Nigerian brand in the 2024 Brand Finance ranking, moving up from 9th place last year to the top spot. …
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AfricaAFRICA NEWSBusinessBusiness InsightsCentral AfricaDangote IndustriesEconomyManufacturingNigeriaSouthern AfricaTrade and CommerceWestern Africa
Dangote Partners Vinmar to Export Polypropylene from Lagos Plant
Dangote Petroleum Refinery and Petrochemicals has entered into a new partnership with Vinmar Group, a global petrochemicals distribution company, to take Dangote’s polypropylene products to international markets. This move comes …