Trade Cabinet Secretary Lee Kinyanjui has declared that Kenya is now leading the charge in Africa’s digital transformation, citing strong gains in internet connectivity, digital innovation, and a shift away …
Economy
- DevelopmentDigital EconomyEconomyInnovationPoliciesPoliticsPublic OpinionTechnology
- BankingEconomyEnergyFinance & ServicesInfrastructureNigeriaOil & GasTrade and Commerce
Afreximbank Grants $1.35bn Loan to Dangote Industries to Boost Refinery Operations
The African Export-Import Bank (Afreximbank) has given a major financial boost to Dangote Industries Limited (DIL) by approving a $1.35 billion loan facility to support its massive refinery project. This …
- AgribusinessAgricultureEconomyFood ProductionGovernment PolicyINVESTMENTNigeria
NSDC Urges Nigerian Farmers and Investors to Explore Sugar Industry Opportunities
The Executive Secretary of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has urged members of the All Farmers Association of Nigeria (AFAN) and other potential investors to take …
- EconomyFinance & ServicesInnovationStartupsTechnology
NSIA Awards $220,000 to Innovative Nigerian Startups at NPI 3.0 Demo Day in Abuja
The Nigeria Sovereign Investment Authority (NSIA) has awarded a total of $220,000 in cash prizes to some of Nigeria’s most promising startups during the third edition of its flagship innovation …
- AFRICA NEWSEconomyFinance & ServicesGovernanceGOVERNMENTInternational AffairsNigeriaPolicies
Nigeria’s Shamseldeen Ogunjimi Elected Deputy Chairperson
Nigeria’s Accountant General of the Federation, Mr. Shamseldeen Babatunde Ogunjimi, has been elected as the Deputy Chairperson of the Executive Committee of the African Association of Accountants General (AAAG). His …
- ClimateEconomyEnergyGOVERNMENTInfrastructureNigeriaPoliciesPower Sector
Stakeholders Renew Call for Urgent Reforms to Boost Renewable Energy in Nigeria
Stakeholders in Nigeria’s electricity industry have again raised alarm over the country’s weak national grid and called for immediate reforms to help integrate renewable energy into the power system. The …
- AFRICA NEWSEconomyInternational RelationsInternational TradeLesothoTextile Industry
Lesotho Begs US to Cut Tariff on Exports Further
The Government of Lesotho has said it will continue to negotiate with the United States to reduce the high tariffs placed on its exports, especially in the textile and clothing …
- AgricultureEconomyFinance & ServicesPoliciesRural DevelopmentTrade & Investment,
Ghana Hikes Cocoa Price to $5,040 Per Tonne for 2025/2026 Season
The Government of Ghana has approved a major increase in the producer price of cocoa, raising it from US$3,100 to US$5,040 per tonne for the upcoming 2025/2026 season. This is …
- BusinessEconomyEnergyINVESTMENTPublic Sector
South Africa’s Capital Projects Drop Amid Low Government Investment
South Africa’s plan to spend more on new capital projects has dropped sharply in the first half of 2025, as both the government and state-owned companies failed to introduce fresh …
- AfricaEconomyInfrastructureTANZANIATrade & Investment,Transportation & Logisitics
Tanzania Opens Kwala Dry Port to Ease Cargo Congestion
Tanzania has officially launched operations at the new Kwala dry port located in Pwani Region, in a bold move aimed at easing heavy congestion at the Dar es Salaam seaport …