Africa’s growing $100 billion credit shortfall for small and medium enterprises is forcing banks, telecom operators, and fintech companies across the continent to work together in ways that were unthinkable …
AfricaBusinessEconomyFinanceFintechSMEs
Category:
Economy
- BusinessEconomyEnergyNigeriaOil & GasTrade
Nigeria Cuts Fuel Imports from Malta by 60% as Dangote Refinery Boosts Local Supply
Nigeria’s imports of refined petroleum products from Malta have fallen sharply by 60 percent in 2024, marking a major shift in the country’s downstream fuel supply pattern. The drop comes …
- AfricaBusinessEconomyFinanceTrade
Afreximbank Reaffirms Strong Support for AfCFTA, Pushes New Financing Tools to Boost Intra-African Trade
Afreximbank has restated its strong commitment to increasing intra-African trade, supporting industrial growth, and strengthening value-chain development under the African Continental Free Trade Area. The bank said it will continue …
- EconomyForex TradingMarketsMonetary PolicyNigeria
Naira Weakens Across FX Markets Despite Rising External Reserves
The naira recorded another week of negative trading performance as the currency weakened at both the official and parallel foreign exchange markets. At the official Nigerian Foreign Exchange Market, the …
- BusinessEconomyManufacturingManufacturing & Consumer GoodsSMEs
Eleganza Industries Unveils Nationwide Expansion Plan to Boost Access
Eleganza Industries Limited has announced a nationwide expansion strategy aimed at increasing access to its wide range of locally manufactured products while creating new opportunities for distributors, retailers, and contract …
- AgribusinessAgricultureDevelopmentEconomyFood Security
Dangote Group Backs 17th National Agricultural Show, Pushes New Investments to Boost Food Security
The Dangote Group has announced new collaborations with key partners to help revitalise Nigeria’s agricultural sector, describing the move as part of its long-term strategy to strengthen food security, expand …
- EconomyGOVERNMENTManufacturingTrade
Nigeria Secures Global Accreditation Breakthrough, Boosting Export Confidence and Market Access
Nigeria recorded a major milestone on Monday as the Nigerian National Accreditation System (NINAS) secured full international recognition, allowing certificates issued by Nigerian-accredited laboratories and certification bodies to be accepted …
- DevelopmentEconomyGOVERNMENTInfrastructurePoliticsTravel & Tourism
Imo economic summit targets $1tn economy, says Uzodimma
Imo State Governor, Hope Uzodimma, says the state is projecting an economic gain of $1tn from its forthcoming Imo Economic Summit, a major investment forum expected to attract world leaders, …
- AviationBusinessEconomyGOVERNMENTInfrastructureNews
Nigeria Confirms Readiness to Host 2026 ACI Africa
Nigeria has formally declared its readiness to host the 2026 Airports Council International (ACI) Africa Regional Conference and Exhibition after a high-level delegation from ACI Africa visited the Minister of …
- BusinessEconomyEnergyGovernanceInfrastructureOil & Gas
NNPC sets June 2026 deadline for refinery partners
The Nigerian National Petroleum Company Limited has announced a new target of June 2026 to complete the selection of technical partners for the country’s three state-owned refineries. This marks another …