President Cyril Ramaphosa has reaffirmed the South African government’s plan to invest more than R1 trillion in infrastructure over the next three years to improve the nation’s roads, ports, rail …
Infrastructure
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DevelopmentEconomyGOVERNMENTInfrastructure
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AfricaBusinessEconomyFinance & ServicesGOVERNMENTInfrastructureInternational Relations
Cameroon Government to Take Over Societe Generale Subsidiary
In a major move that signals increased government involvement in the financial sector, French banking giant Societe Generale has agreed to sell the majority of its shares in its Cameroon …
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BusinessEconomyEnergyInfrastructure
Dangote Seeks Approval to Build Nigeria’s Deepest Seaport in Ogun
Africa’s richest man, Alhaji Aliko Dangote, has applied to the Nigerian government to begin construction of a new Atlantic seaport in Olokola, Ogun State. The proposed port is expected to …
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BusinessEnergyEnvironmentInfrastructure
Ana Hajduka to Showcase Africa GreenCo’s Energy Innovations at AEW 2025
Ana Hajduka, the Founder and Chief Executive Officer of Africa GreenCo, will be among the top speakers at the African Energy Week (AEW): Invest in African Energies 2025 conference, taking …
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Eastern AfricaEconomyEnergyInfrastructureINVESTMENTOil & Gas
Uganda Targets 2026 for First Oil Exports as EACOP Nears Final Stretch
Uganda’s long-awaited journey to become a crude oil exporter is now on a fast track, as the East African Crude Oil Pipeline (EACOP) enters its final year of construction. The …
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AfricaEnergyInfrastructureINVESTMENTOil & Gas
OPEC Demands $14.9tn Upstream Oil Investment to Meet Global Demand by 2050
The Organisation of the Petroleum Exporting Countries (OPEC) has raised an alarm over the need for serious and continuous investment in the global oil and gas sector, especially in upstream …
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AgricultureDevelopmentEconomyGOVERNMENTInfrastructureINVESTMENT
MiDA Partners IFC to Attract Big Investment into Ghana’s Agric Sector
The Millennium Development Authority (MiDA) is working closely with the International Finance Corporation (IFC) to attract massive investment into Ghana’s agricultural sector. This collaboration is expected to boost agribusiness development …
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Banking, Finance & InvestmentDevelopmentEconomyGOVERNMENTInfrastructure
Libya’s Central Bank Urges Banks to Support Revival of Abandoned Housing Projects
The Central Bank of Libya (CBL) has made a strong appeal to the country’s banks and financial institutions to take the lead in reviving long-abandoned housing projects and supporting urban …
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GOVERNMENTInfrastructureNigeriaSecurityTransportation & Logisitics
NRC Blames Banditry and Vandalism for Continued Suspension of Train Services in Kaduna, Niger States
The Nigerian Railway Corporation (NRC) has explained that train services on narrow-gauge lines in parts of Kaduna and Niger States remain suspended due to insecurity, vandalism, and persistent banditry. The …
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EconomyInfrastructureTechnologyTrade and CommerceTransportation & Logisitics
Lekki Deep Seaport Targets 500,000 TEUs in 2025 Amid Transhipment Growth and Economic Recovery
The $1.5 billion Lekki Deep Seaport is looking to more than double its cargo handling operations by the end of 2025, aiming for 500,000 Twenty-foot Equivalent Units (TEUs) after processing …