The Government of Kenya, with support from the World Bank, has begun plans to acquire advanced cybersecurity tools to strengthen its national digital defences following a wave of cyberattacks on …
Economy
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Cyber securityEconomyGOVERNMENTInfrastructurePoliciesTechnology
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The Government of Kenya has introduced a fresh set of rules to guide the development of its crude oil sector. These new regulations are expected to speed up the country’s …
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EconomyGOVERNMENTInfrastructureTechnologyTransportation & Logisitics
NPA Targets N1.28tn Revenue in 2025
The Nigerian Ports Authority (NPA) has announced a revenue target of N1.28 trillion for 2025. This is a significant increase from the N894.86 billion it generated in 2024. The announcement …
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EconomyEnergyFinance & ServicesGOVERNMENTInfrastructureINVESTMENT
FG Revenue Hits N6.9tn in Four Months
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has said that President Bola Tinubu’s economic reforms have brought in N6.9 trillion in government revenue from …
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EconomyEnergyGOVERNMENTInfrastructurePoliciesTransportation & Logisitics
FG Signs $1.5bn Deal with World Bank to Tackle Infrastructure Challenges and Boost Economy
The Federal Government has signed a massive $1.5 billion (R27 billion) loan agreement with the World Bank to help address serious infrastructure problems that have slowed down Nigeria’s economic growth …
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DevelopmentEconomyEnergyInfrastructureOil & Gas
East African Crude Oil Pipeline Now 62% Complete, Project Set for June 2026 Launch
Construction of the East African Crude Oil Pipeline (EACOP) has now reached 62 percent completion, with officials confirming that the entire project will be ready by June 2026. This was …
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Banking, Finance & InvestmentDevelopmentEconomyEthiopiaFintech
NIB Bank Partners with Arifpay to Boost Digital Payments and Support Ethiopia’s Fintech Growth
NIB Bank has entered a major partnership with Arifpay Financial Technologies, one of Ethiopia’s top fintech firms, in a move that is expected to strengthen the country’s digital economy. The …
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The National Pension Commission (PenCom) has announced a major increase in monthly pension payments for retirees under the Programmed Withdrawal plan. The Director-General of PenCom, Ms. Omolola Oloworaran, disclosed that …
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AfricaAFRICA NEWSBusiness and EconomyDevelopmentEconomyGOVERNMENTInternational RelationsINVESTMENTPoliciesTrade and Commerce
Ethiopia Eyes AfCFTA to Boost Trade, Cut Deficit and Grow Economy
The Ethiopian government has declared strong interest in fully using the African Continental Free Trade Area (AfCFTA) to unlock new economic opportunities and improve the country’s trade performance. This comes …
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BusinessEconomyFinance & ServicesInsuranceTechnology
Ex-Hilal Takaful Boss Urges Insurance Firms to Collaborate on AI Investment
The former Managing Director of Hilal Takaful Insurance, Mrs. Thaibat Adeniran, has called on Nigerian insurance companies to collaborate as a consortium to reduce the financial burden of adopting artificial …