The Federal Government has officially terminated the N35 billion contract awarded for Section 1 (Benin-Imasabor) of the Benin-Sapele-Warri highway project, citing gross non-performance by the contractor, Levant Construction Limited. The …
Infrastructure
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CorruptionGOVERNMENTInfrastructureTransportation & Logisitics
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AgricultureEconomyInfrastructureNewsPolitics
Zanzibar Lawmakers Push for Strategic Industrial Investments to Unlock Economic Potential
ZANZIBAR – Members of the Zanzibar House of Representatives have called on the government to make industrial development a national priority, urging the establishment of value-added industries that can transform …
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AfricaDevelopmentEconomyFinance & ServicesInfrastructureINVESTMENTNigeria
EY Nigeria to Host Roundtable on Boosting Africa’s Development
EY Nigeria has announced a major roundtable discussion that will focus on how private capital can be used to speed up Africa’s development plans. The event, which will hold next …
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BusinessDangote IndustriesEconomyEnergyInfrastructureLabourOil & Gas
Oil Marketers Seek Cheaper Petrol Imports Amid Rising Prices from Dangote Refinery
Oil marketers in Nigeria have begun talks with international fuel traders to import cheaper Premium Motor Spirit (PMS), commonly known as petrol, as they try to remain in business and …
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DevelopmentEnvironmentInfrastructureINVESTMENT
Gabon Commissions €117 Million Water Pumping Station in Libreville
President Brice Clotaire Oligui Nguema of Gabon and Dr. Akinwumi Adesina, President of the African Development Bank Group (AfDB), officially inaugurated a major water pumping station in Libreville’s PK5 district …
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EconomyEnvironmentGOVERNMENTInfrastructurePolitics
R67 Billion Later, Limpopo’s Musina-Makhado Special Economic Zone Lies Idle
Seven years after its grand unveiling by South African President Cyril Ramaphosa, the multi-billion rand Musina-Makhado Special Economic Zone (MMSEZ) in Limpopo province is now under heavy scrutiny. Despite major …
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Business and EconomyDevelopmentEastern AfricaEnergyInfrastructureInternational RelationsNewsOil & Gas
Uganda, Tanzania, Zanzibar Sign Oil and Energy Deal
The governments of Uganda, Tanzania, and Zanzibar have signed a tripartite Memorandum of Understanding (MoU) aimed at strengthening cooperation in the petroleum and energy sectors. The signing ceremony took place …
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DevelopmentInfrastructureNewsReal EstateSouth Africa
Cape Town Approves Controversial Bo-Kaap Development
The City of Cape Town has officially approved the 150 Buitengracht development — a mixed-use project that will include 40 residential units, retail space, a rooftop restaurant, and underground parking. …
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EconomyGOVERNMENTInfrastructureINVESTMENTNigeriaPolicies
Nigeria’s Infrastructure Boss Woos Investors
The Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Jobson Ewalefoh, has declared Nigeria open for business and ready for global partnerships, urging both local and international investors to tap …
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GOVERNMENTInfrastructureInnovationNigeriaPoliciesTechnology
Lagos Moves to Enact Innovation Bill, Targets Inclusive Tech Growth
The Lagos State Government has moved a step closer to enacting a law to strengthen its innovation and technology ecosystem by unveiling a revised draft of the Lagos Innovation Bill. …