he United Nations in Nigeria and the Sterling One Foundation have reaffirmed their commitment to promoting local responses to the global climate crisis, calling for bold and scalable African-led solutions …
Development
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AfricaBusinessDevelopmentGOVERNMENTInternational RelationsNigeria
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AfricaDevelopmentEconomyFinance & ServicesInfrastructure
Tanzania Ratifies Africa Finance Corporation Agreement to Boost Infrastructure and Economic Growth
The Tanzanian National Assembly has approved the Agreement for the Establishment of the Africa Finance Corporation (AFC), a move expected to open doors for long-term investment financing aimed at accelerating …
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DevelopmentGOVERNMENTInfrastructureINVESTMENT
CMOC Group Completes Acquisition of Cangrejos Gold Project in Ecuador
CMOC Group has officially completed the purchase of 100% equity in the Cangrejos Gold Project in Ecuador, marking a significant step in the company’s expansion into the global gold market. …
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BusinessCorruptionDevelopmentEconomyGOVERNMENTPolicies
Zimbabwe’s Vice President Warns Against ‘Phantom Entrepreneurship’ and Corruption
Vice President Constantine Chiwenga has sounded a strong warning against what he described as “phantom entrepreneurship” and corrupt practices that threaten Zimbabwe’s economic stability. Speaking at the Zimbabwe National Chamber …
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AfricaDevelopmentEconomyFinance & ServicesInfrastructureINVESTMENTNigeria
Nigeria, Egypt, Morocco Top Africa’s $95bn Remittance Inflow in 2024
Nigeria, Egypt, and Morocco were the top three African countries that received the highest remittances from their diaspora communities in 2024, according to the newly published State of Africa’s Infrastructure …
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Banking, Finance & InvestmentBusinessDevelopmentEducationNigeria
FirstBank’s Training School Wins Global Award
FirstAcademy, the corporate training arm of FirstBank of Nigeria Limited, has received the Gold Award for Best Corporate University in Social and Climate Change at the 2025 edition of the …
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AfricaBanking, Finance & InvestmentDevelopmentEconomyFinance & ServicesPoliciesTrade and Commerce
Afreximbank flags fresh threats to Africa’s growth
The Senior Executive Vice President of the African Export-Import Bank (Afreximbank), Denys Denya, has warned that new threats are emerging against Africa’s development and economic independence, similar to the resistance …
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DevelopmentDigital EconomyNigeriaPolicies
Jobberman Report Shows Most Nigerian Employers Exclude Marginalised Groups from Jobs
A new report by Jobberman Nigeria has revealed that nearly 9 out of 10 employers in Nigeria do not include marginalised groups in their recruitment process. This development has raised …
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AgricultureBusinessDevelopmentInfrastructureINVESTMENTPoliciesWestern Africa
NSIA Launches $50bn Pan-African Investment Platform to Drive Infrastructure, Agriculture, and Climate Projects by 2030
The Nigerian Sovereign Investment Authority (NSIA) has introduced a new continental investment platform with a target of raising $50 billion in blended finance to support infrastructure, agriculture, and climate-resilient initiatives …
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AgricultureDevelopmentEnergyTechnology
Nigerians to benefit from subsidised solar-powered appliances
CLASP and the Global Energy Alliance for People and Planet (GEAPP) have announced the expansion of their Productive Use Financing Facility (PUFF) with a $6.1 million funding package. The initiative …