Despite its growing population, expanding middle class, and rising entrepreneurial spirit, Africa continues to face a major roadblock to investment and sustainable growth: the lack of reliable data. Bernard Laurendeau, …
Business and Economy
-
AfricaAFRICA NEWSAgricultureBusiness and EconomySecurity
-
Business and EconomyEnergyLibyaNorth AfricaPolitics
Libya Set to Launch First Oil Exploration Bid in 17 Years
Libya has announced plans to hold its first oil exploration bidding round in nearly two decades, a major step towards reviving its energy sector. The announcement was made on Monday …
-
AfricaBusiness and EconomyLesothoTrade and Commerce
Lesotho’s Textile Industry Under Threat as U.S. Slams 50% Tariff
Thousands of jobs in Lesotho’s textile industry may be at risk following the new 50% tariff imposed by the United States under the leadership of President Donald Trump. The small …
-
AfricaBusiness and EconomyPolitics
Trump’s Trade War: African Countries Face Heavy Tariffs, South Africa Among Worst Hit
US President Donald Trump’s tough trade policies are now affecting several African countries, with many set to suffer major economic setbacks due to high tariffs. President Trump announced the move …
-
Business and EconomyEnergyGOVERNMENTNigeriaOil & GasWestern Africa
Adesua Dozie, Three Others Appointed to NNPC Management as Reshuffling Continues
The Nigerian National Petroleum Company (NNPC) Limited has appointed Adesua Dozie and three others into top management positions, as part of an ongoing shake-up aimed at boosting efficiency and attracting …
-
Business and EconomyDevelopmentInfrastructureNigeriaReal EstateWestern Africa
Wisdom Kwati Smart City to Commence Construction of Second Mega Estate in Yola
Wisdom Kwati Smart City has announced the commencement of construction on its second mega estate in Yola, Adamawa State. The project, named Brilliance Estate, is set to deliver over 15,000 …
-
Business and EconomyEnergyEnvironmentInfrastructureMarketsOil & Gas
65% tank farms dormant due to fuel subsidy removal
The battle for dominance in Nigeria’s downstream oil sector has led to the closure of no fewer than 70 tank farms over the past two years, leaving many of these …
-
Business and EconomyEnergyGOVERNMENTLeadershipNigeriaWestern Africa
Tinubu Sacks NNPC Board, Appoints New Leadership
President Bola Tinubu has dissolved the board of the Nigerian National Petroleum Company (NNPC), including Group Chief Executive Officer Mele Kyari and board chairperson Pius Akinyelure. In a statement by …
-
Business and EconomyFinance & ServicesGOVERNMENTINVESTMENTNigeriaWestern Africa
NSIA Boosts Net Assets to N4.35 Trillion in 2024
The Nigeria Sovereign Investment Authority (NSIA) has recorded significant growth in its net assets for the 2024 financial year, nearly doubling despite global economic uncertainties. In a statement signed by …
-
Business and EconomyFinance & ServicesWestern Africa
DealMakers AFRICA Recognizes Top Mergers, Acquisitions, and Dealmakers in West Africa
West Africa’s most significant mergers and acquisitions, along with the financial and legal advisers behind them, have been recognised in the recently released 2024 DealMakers AFRICA Annual Awards. The awards …