The IEA projects Africa’s energy investment at $110 billion in 2026, just 3.3% of the global total, with Nigeria, Algeria, Angola, Egypt and Libya taking about 70%.
INVESTMENT
African startups raised $443.4 million across 13 deals in August 2026, but Moove’s $250 million round made up 56.4% and Nigeria took 81.7% of the total.
Nigeria is seeking greater access to World Bank guarantee instruments to attract private investment into infrastructure and support its transition from economic stabilisation to stronger growth. Taiwo Oyedele, Minister of …
- BusinessBusiness GrowthINVESTMENT
JPMorgan Plans Nigerian Merchant Bank Amid Improving Investor Confidence
JPMorgan Chase is planning to establish a merchant bank in Nigeria, with operations expected to begin before the end of 2026, subject to regulatory approval. The move is expected to …
Nigeria’s capital market is facing a major test as the planned initial public offering (IPO) of Dangote Petroleum Refinery and Petrochemicals targets 10 million retail investors, well above the country’s …
Investor demand for Nigerian Treasury bills fell sharply at the latest auction as higher-yielding Open Market Operations (OMO) securities attracted more liquidity from the fixed-income market. Total subscriptions for Treasury …
Plateau State’s efforts to attract investment into its mining sector are facing growing concerns as insecurity continues to affect mining communities and operations. The state is rich in mineral resources, …
Niger is seeking fresh investment in its uranium industry after increasing state ownership in the Madaouela uranium project, part of a broader strategy to secure a larger share of mining …
- EconomyInternational BusinessINVESTMENTPartnerships
Alawuba Calls for Stronger Nigeria-Brazil Trade and Investment Ties
Oliver Alawuba, Group Managing Director and Chief Executive Officer of United Bank for Africa (UBA) Plc, has called for stronger trade and investment relations between Nigeria and Brazil, identifying agriculture, …
Abia State says it has secured approvals for about N1.24 trillion in private capital to fund investment and infrastructure projects, with some launches expected imminently. “Capital Has an Extreme Aversion …