Vitapur Nigeria Limited, a subsidiary of Vitafoam Nigeria PLC, has donated a prefabricated insulated building to the University of Lagos (UNILAG) to promote learning and support manpower development in the …
Infrastructure
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Corporate Social Responsibility,DevelopmentEducationInfrastructurePartnershipsPublic-Private Partnership
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BusinessEconomyGovernment PolicyInfrastructureTechnologyTrade
FIRS, Customs Strengthen Partnership to Fast-Track National Single Window Project
The Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service (NCS) have intensified their partnership on the National Single Window (NSW) project, a major trade reform expected to transform …
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Business and EconomyChina-Africa RelationsCorporate StrategyEconomyEgyptForeign AffairsIndustrial DevelopmentInfrastructureINVESTMENTManufacturing
Egypt, China’s Sailun Group Sign $1 Billion Deal for Tire Factory in Suez Canal Economic Zone
Egypt has entered into a major $1 billion agreement with China’s Sailun Group to build a large automotive tire manufacturing plant in the Suez Canal Economic Zone. The deal, announced …
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Dangote IndustriesEconomyEnergyInfrastructureInnovationNigeriaOil & GasPoliciesTransportation & Logisitics
Dangote Refinery Lowers Petrol Price to ₦820 per Litre
The Dangote Petroleum Refinery has announced a major step to make fuel cheaper and easier to access across Nigeria. From Monday, August 12, 2025, the refinery reduced its ex-depot price …
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Corporate StrategyDevelopmentEconomyEnergyGovernment PolicyIndustrial DevelopmentInfrastructureINVESTMENTNigeriaOil & Gas
New Oil Projects Could Raise Nigeria’s Output by 800,000 Barrels a Day
Nigeria’s oil industry may soon experience a major turnaround, as six new offshore projects are expected to boost the country’s crude oil output by about 800,000 barrels per day (bpd). …
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Eastern AfricaGovernanceInfrastructurePoliticsPublic PolicyTransportation
Kenya Shortens Road Agency Chiefs’ Terms to Three Years Amid Calls for Disbandment
Parliament in Kenya has approved a new law that will shorten the tenure of the Director-Generals of the country’s key road agencies, in a move aimed at promoting accountability and …
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BusinessDevelopmentEconomyFinanceInfrastructurePolitics
World Bank approves N12.88tn loans to Nigeria in two years
The World Bank has approved a total of $8.40bn (about N12.89tn) in fresh loans to Nigeria within the last two years. The new approvals, which span from June 2023 to …
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Business and EconomyClimateDisaster PreparednessInfrastructureInsurance & Risk ManagementPublic PolicySecuritySouth Africa
SA Insurers Tackle Crime, Climate Risks
South Africa’s property insurance sector is facing fresh challenges as crime rates rise and climate-related disasters become more frequent, forcing companies to change how they assess and price coverage. Industry …
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AFRICA NEWSAviationEconomyInfrastructureINVESTMENTTransportation
Ethiopian Airlines, AfDB to Raise $8bn for Africa’s Largest Airport
Ethiopian Airlines Group has taken a major step toward building what could become Africa’s largest airport by appointing the African Development Bank (AfDB) as the mandated lead arranger to secure …
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BusinessCapital MarketEnergyInfrastructureNigeriaPower SectorState News
Elektron Finance Launches N200bn Bond Programme
Elektron Finance SPV Plc, a funding vehicle fully owned by Elektron Energy Development Strategies Limited, has launched a N200bn bond issuance programme and successfully completed its debut N4.64bn Series 1 …