To strengthen maritime trade across Africa and respond to growing global shipping challenges, the Maritime Organisation of West and Central Africa (MOWCA) and the African Development Bank (AfDB) have announced …
Development
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AfricaDevelopmentSecurityTransportation & Logisitics
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DevelopmentEconomyEducationEnvironmentHealthcareInfrastructureNigeria
WACT-APM Terminals Begins 713m Drainage Project in Onne Community, Rivers State
The West Africa Container Terminal (WACT), operated by APM Terminals Nigeria, has commenced the construction of a 713-metre flood drainage system in Onne Community, located in Eleme Local Government Area …
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DevelopmentEconomyEnergyEnvironmentHealthcareInfrastructureOil & Gas
Rainoil Gas Opens New LPG Plant in Ore, Ondo State to Boost Clean Cooking Access
Rainoil Gas Limited, one of Nigeria’s fast-growing players in the downstream energy sector, has expanded its footprint with the commissioning of a new Liquefied Petroleum Gas (LPG) plant in Ore, …
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BusinessDevelopmentEconomyEnergyGOVERNMENTInfrastructureINVESTMENTOil & Gas
Seplat Energy Boosts Production in Q1 2025, Hits 131,561 Barrels Daily, Reports $306.5m Operational Cash Flow
Seplat Energy has recorded a major leap in its hydrocarbon production, with average daily output reaching 131,561 barrels of oil equivalent per day (boepd) in the first quarter of 2025. …
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AfricaBusinessDevelopmentEconomyEntrepreneurshipInnovationTechnologyWestern Africa
Sahara Group Foundation Unveils ‘MADAA Reloaded’ to Empower African Entrepreneurs with Funding and Support
The Sahara Group Foundation has launched the ‘Making A Difference Around Africa’ (MADAA) Reloaded initiative, aiming to empower African entrepreneurs and innovators who utilize local resources to address societal challenges. …
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AfricaAFRICA NEWSBusinessBusiness InsightsDevelopmentEconomyEnergyEnvironmentGOVERNMENTInfrastructureNigeria
Axxela Retains EcoVadis Gold Medal for 2025, Reinforces Leadership in Sustainable Business
Axxela Limited, a leading player in the gas and power sector across sub-Saharan Africa, has once again secured the prestigious Gold Medal in the 2025 EcoVadis Sustainability Rating. The company …
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AfricaBusinessBusiness InsightsDevelopmentEventsInternational RelationsINVESTMENTNigeriaTrade and Commerce
U.S.-Africa Business Summit to Hold in Angola as Stakeholders Discuss Economic Growth and Trade Opportunities
The 17th edition of the U.S.-Africa Business Summit will hold in Luanda, the capital of Angola, from June 22 to 25, 2025. The event is expected to bring together top …
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BusinessBusiness InsightsDevelopmentEconomyEntrepreneurshipGOVERNMENTNigeriaWestern Africa
SMEDAN Creates Over 90,000 Jobs, Empowers 116,000 Entrepreneurs in First Quarter of 2025
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) says it created 90,160 jobs for unemployed Nigerian youths in the first quarter of 2025. The agency also said it …
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DevelopmentEconomyFinance & ServicesGOVERNMENTInternational RelationsNigeriaPoliciesWestern Africa
Policy Think Tank Faults IMF’s Economic Outlook on Nigeria, Backs FG’s Growth Target
The Independent Media and Policy Initiative (IMPI) has expressed disagreement with the International Monetary Fund (IMF) over its latest economic growth forecast for Nigeria. The IMF had recently revised its …
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DevelopmentEconomyEnvironmentGOVERNMENTNigeriaSecurityWestern Africa
Federal Government Shuts Down Illegal Mining Site in Kaduna Using Peaceful Strategy
The Federal Government has shut down an illegal mining site located in Damau, Kubau Local Government Area of Kaduna State. This operation was carried out by the Mining Marshals under …