The Federal Capital Territory (FCT) Administration has proposed a total of N137 billion as capital expenditure for the Satellite Towns Development Department (STDD) in the 2025 statutory budget, reflecting a …
Infrastructure
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DevelopmentEconomyGOVERNMENTInfrastructurePoliticsTransportation & Logisitics
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AfricaBusinessBusiness and EconomyBusiness InsightsBusiness PoliciesDevelopmentInfrastructurePoliciesReal Estate
Navigating Zoning Laws and Urban Planning: A Guide for Real Estate Developers in Africa
For real estate developers across Africa, the journey from conceptualizing a project to breaking ground is often fraught with complexities. Among the most formidable hurdles are zoning laws and urban …
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AfricaEconomyEnergyGOVERNMENTInfrastructureINVESTMENTNigeriaOil & GasPolicies
NCDMB Urges International Oil Companies to Support Local Firms and Boost Nigerian Content
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Felix Omatsola Ogbe, has called on international oil companies (IOCs) operating in Nigeria to actively engage local …
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AfricaBusinessDevelopmentEconomyInfrastructureINVESTMENTNigeriaTrade and CommerceTransportation & Logisitics
APM Terminals Calls for Stronger Public-Private Partnerships to Boost Infrastructure and Growth in Africa
APM Terminals has said that Africa can only achieve lasting infrastructure, inclusive job creation, and sustainable economic growth through strong partnerships between government and private companies. This was the main …
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AfricaBusinessDangote IndustriesDevelopmentEconomyEnergyInfrastructureINVESTMENTLeadershipManufacturingNigeria
Dangote Picks Nigeria Over Global Tech Giants, Builds $19 Billion Refinery to Boost Economy
Aliko Dangote, Africa’s richest man and chairman of the Dangote Group, has been praised by the Nigerian government for prioritising national development over foreign wealth opportunities. At a time when …
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DevelopmentEastern AfricaEconomyEventsGOVERNMENTInfrastructureInternational RelationsKenyaKenya NewsMarketsSPORT
CMA Approves Sh47 Billion for Talanta Stadium Project Ahead of AFCON 2027
Kenya’s Capital Markets Authority (CMA) has approved a plan to raise Sh47 billion to fund the ongoing construction of the Talanta Sports Stadium in Nairobi. The stadium is one of …
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BusinessDevelopmentEconomyEnergyGOVERNMENTInfrastructureKenyaNatural Resources
Kenya’s Crude Oil Sale from Turkana Sparks Revenue Sharing Dispute
Kenya has earned Sh247 million from the sale of crude oil extracted from Turkana County, but this achievement has been overshadowed by a serious disagreement over how the money should …
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AfricaBusinessBusiness and EconomyBusiness InsightsInfrastructureReal Estate
Eco-Friendly Housing Trends: What Millennials & Gen Z Want
Millennials and Gen Z are not just the largest generations globally, they are also the most environmentally conscious to date, and their values are fundamentally reshaping the real estate market …
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AfricaInfrastructureINVESTMENTSpotlightTechnology
Maasai Technologies Unveils Africa-Focused M&A Platform to Boost Startup Exits
Maasai Technologies has launched a new digital platform designed to support African startups in navigating mergers and acquisitions (M&A), marking a major step towards normalising strategic exits in the continent’s …
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EconomyELECTRICITYEnergyGOVERNMENTInfrastructureINVESTMENT
Adelabu Raises Alarm as Power Subsidy Hits ₦200 Billion Monthly, FG Owes GenCos ₦4 Trillion
The Minister of Power, Chief Adebayo Adelabu, has again raised concerns over the growing cost of electricity subsidies in Nigeria, warning that the current approach is not sustainable. According to …