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 …
Trade and Commerce
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EconomyInfrastructureTechnologyTrade and CommerceTransportation & Logisitics
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BusinessFinance & ServicesNigeriaTechnologyTrade and CommerceWestern Africa
Packaging Industry Leaders Set to Gather in Lagos for 12th Propak West Africa Exhibition
Plans are in top gear for the 12th edition of Propak West Africa, one of the region’s largest exhibitions and conferences focused on packaging, plastics, printing and processing industries. The …
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Finance & ServicesNigeriaTechnologyTrade and Commerce
How In-App Analytics Are Empowering Nigeria’s Mobile Forex Trader
Mobile technology is changing how Nigerians interact with the financial market, especially in the fast-growing area of foreign exchange trading, also known as forex. With a population of over 220 …
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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. …
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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 …
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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. …
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AgricultureBusiness PoliciesEconomyGOVERNMENTTrade and CommerceZIMBABWE
Zimbabwe Names ARDA as Main Food Security Agency
The Zimbabwean government has officially restructured the Agricultural and Rural Development Authority (ARDA), giving it a new mandate as the country’s central food security agency. Under the new plan, ARDA …
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EconomyFinance & ServicesGhanaInfrastructureINVESTMENTTrade and Commerce
Ghana Urged to Use GH¢200 Billion Pension Funds for Infrastructure
The Founder and Senior Partner of AB & David Africa, Dr. David Ofosu-Dorte, has urged the Ghanaian government to focus more on using local pension funds, rather than depending on …
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AfricaEconomyInternational RelationsINVESTMENTPoliticsTrade and Commerce
China Defends BRICS as AU Rallies Behind AfCFTA in Response to Trump’s Tariff Threat
Tensions are rising on the global economic stage as China has come out in defence of the BRICS alliance, saying the group is not seeking confrontation, following threats by former …
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AgricultureArts & CultureBusinessFood ProductionMarketsTrade and Commerce
Young Nigerians Drive Growth in $420m Sweet Wine Market as Tastes Evolve
Nigeria’s wine industry is experiencing a major shift, with sweet wines now dominating consumer preferences—thanks largely to younger Nigerians. The market, currently valued between $400 million and $420 million yearly, …