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 …
Infrastructure
- AgricultureDevelopmentEconomyGOVERNMENTInfrastructureINVESTMENT
- 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 …
- 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 …
- 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 …
- BusinessDangote IndustriesEnergyInfrastructureNigeriaSouthern AfricaTrade and Commerce
Dangote Refinery to Build Fuel Storage Tanks in Namibia for Southern Africa Supply
Nigeria’s Dangote Petroleum Refinery has concluded plans to construct major fuel storage tanks in Walvis Bay, Namibia, as part of its move to expand refined fuel supply to Southern Africa. …
- EconomyEnergyInfrastructureINVESTMENTOil & GasTrade and Commerce
$15bn 500,000 BPD Refinery, Free Trade Zone Set for Ondo as BINL
The Nigerian petroleum downstream sector is set to witness another major milestone as Backbone Infrastructure Nigeria Limited (BINL) has announced plans to construct a $15 billion refinery with a capacity …
- EconomyInfrastructureInternational RelationsINVESTMENTTransportation & Logisitics
Deutsche Bank Leads $747m Loan for Lagos-Calabar Coastal Highway
German financial giant Deutsche Bank has led a group of international and regional lenders to provide a $747 million syndicated loan to fund the first phase of the Lagos-Calabar Coastal …
- BusinessEconomyInfrastructureTrade and CommerceTransportation & Logisitics
High Cost of Road Transport Threatens AfCFTA Goals
The rising cost of transporting goods across West Africa is putting pressure on Nigerian exporters and casting doubt on the feasibility of the African Continental Free Trade Area (AfCFTA) agreement. …
Algeria is stepping up efforts to boost its share of trade with other African countries through the African Continental Free Trade Area (AfCFTA), with new strategies aimed at expanding regional …
- EnvironmentGOVERNMENTInfrastructureNigeria
Lagos Government Blames Flash Flooding on Rising Tides from Ocean and Lagoon
The Lagos State Government has explained that the recent flash floods in many parts of the city were caused by a natural event known as tidal lock-up. This happens when …