TransCentury Plc, an infrastructure investment company based in Nairobi, Kenya, has returned to profit after facing financial challenges for several years. The company, which is listed on the Nairobi Securities …
Development
-
AfricaBusinessDevelopmentEastern AfricaEconomyEnergyInfrastructureINVESTMENTKenyaSouth AfricaTANZANIATransportation & LogisiticsUGANDAZAMBIA
-
AfricaCentral AfricaDevelopmentEconomyEducationNatural ResourcesPolicies
AfDB 2025 Annual Meetings Focus on Making Africa’s Capital Work for Its Own Growth
Africa is moving into a new chapter that could define its future not by problems, but by opportunities. With a fast-growing population expected to reach 2.5 billion by 2050, the …
-
AfricaBuildingBusinessBusiness InsightsDevelopmentEducationEntrepreneurshipFinance & ServicesInfrastructureInnovationINVESTMENTMarketsReal Estate
Financing Your Property Investment
The discerning investor, having meticulously applied the financial yardsticks of Cap Rate, NOI, and IRR (as explored in Module 1) and subsequently conducted a thorough market analysis to understand the …
-
Business InsightsDevelopmentInfrastructureINVESTMENTNigeriaProduct ReviewReal EstateWestern Africa
Review of Chelmsford City by MKH Properties: An Early-Stage Development in Ibeju-Lekki’s Growth Corridor
Ibeju-Lekki stands as one of Lagos’s most dynamic real estate frontiers, an area frequently highlighted for its significant infrastructural advancements. It is transforming rapidly, driven by monumental projects such as …
-
DevelopmentEconomyGOVERNMENTINVESTMENTLabourNigeria
FG Sets Up Committee for National Industrial Manpower Development Summit
The Federal Government has inaugurated a seven-member planning committee for the first-ever National Industrial Manpower Development Summit, a strategic initiative aimed at strengthening Nigeria’s industrial development through skilled human capital. …
-
DevelopmentFinance & ServicesInfrastructureNewsNigeriaSecurity
Senate Approves ₦124.2bn Nigeria Police Trust Fund Budget for 2024 to Boost Security Nationwide
The Nigerian Senate has approved a total of ₦124.2 billion as the 2024 budget for the Nigeria Police Trust Fund (NPTF). The approval came during Wednesday’s plenary session following the …
-
DevelopmentEnergyManufacturingNigeria
Meter Manufacturers Reject Chinese Contracts, Urge FG to Back Local Industry
The Association of Meter Manufacturers of Nigeria (AMMON) has raised strong objections to the continued award of meter supply contracts to Chinese companies, despite Nigeria’s robust local production capacity. In …
-
DevelopmentHealthcareNigeriaOil & Gas
NNPC/Heirs Energies Launch Free Medical Outreach for Over 4,500 Residents in Rivers State
The NNPC/Heirs Energies Joint Venture (JV) OML 17 Host Communities Development Trust (HCDT) has kicked off a large-scale medical outreach in Port Harcourt, Rivers State, targeting over 4,500 residents across …
-
DevelopmentGOVERNMENTInfrastructureNigeria
House of Reps Approves ₦1.81tn 2025 FCT Budget, Majority Allocated to Capital Projects
The House of Representatives has approved the sum of ₦1.81 trillion as the 2025 budget for the Federal Capital Territory (FCT), following the bill’s successful passage at the third reading …
-
DevelopmentEconomyEducationGOVERNMENTInfrastructurePolitics
Delta State Records 90% Surge in Internally Generated Revenue as Governor Oborevwori Boosts Public Service and Infrastructure
Governor Sheriff Oborevwori of Delta State has announced a remarkable boost in the state’s Internally Generated Revenue (IGR), which surged from N83 billion in 2023 to N158 billion in 2024. …