The Fourth AfriCaribbean Trade and Investment Forum (ACTIF2025) ended in Grenada with over US $300 million in deals signed and a strong commitment to deepen Africa–Caribbean collaboration. Co-hosted by Afreximbank …
Infrastructure Investment
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AfricaEconomyInternational RelationsINVESTMENTTrade
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AFRICA NEWSAviationEconomyInfrastructureINVESTMENTTransportation
Ethiopian Airlines, AfDB to Raise $8bn for Africa’s Largest Airport
Ethiopian Airlines Group has taken a major step toward building what could become Africa’s largest airport by appointing the African Development Bank (AfDB) as the mandated lead arranger to secure …
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AviationEconomyInfrastructureINVESTMENTNigeria
Port Harcourt Airport Generates N21.41bn in 3 Years, Eyes PPP for Future Growth
The Regional General Manager, South South, and Airport Manager of the Obafemi Jeremiah Awolowo International Airport (PHIA), Omagwa, Mrs. Ifesinachi Lynda Ezike, has revealed that the airport generated N21.41 billion …
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BusinessEconomyFinance & ServicesManufacturingMarkets
Lafarge Africa Reports N268.6bn Q2 2025 Revenue, Up 70% Year-on-Year
Lafarge Africa Plc, a top cement and building solutions provider in Nigeria, has reported a substantial increase in revenue for the second quarter of 2025, with sales hitting N268.63 billion. …
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DevelopmentEconomyGOVERNMENTInfrastructure
Ramaphosa: R1 Trillion Set for Infrastructure to Grow Economy
President Cyril Ramaphosa has reaffirmed the South African government’s plan to invest more than R1 trillion in infrastructure over the next three years to improve the nation’s roads, ports, rail …
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EconomyInfrastructurePoliciesTransportation & LogisiticsWestern Africa
Kenya SGR Passenger Numbers Keep Falling, but Cargo Transport Hits New High in 2025
Kenya’s Standard Gauge Railway (SGR), one of East Africa’s major transport investments, is seeing a major shift in usage. While passenger numbers have continued to fall for the third year …
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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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AfricaDevelopmentFinance & ServicesInfrastructureInternational RelationsINVESTMENTLeadership
Mauritania’s Dr. Sidi Ould Tah Elected as New President of African Development Bank Group
Former Mauritanian Minister for Economic Affairs and Finance, Dr. Sidi Ould Tah, has been elected as the ninth president of the African Development Bank Group (AfDB). The announcement was made …
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AgricultureBusinessEconomyFinance & ServicesGOVERNMENTInfrastructureNigeriaOil & GasTransportation & Logisitics
Nigeria’s Leasing Sector Grew by 23% in 2024, Hits N5.17tn – ELAN
Nigeria’s leasing industry recorded a strong growth of 23.2 per cent in 2024, pushing the value of outstanding leases to N5.17 trillion, up from N4.19 trillion in 2023. This was …
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AFRICA NEWSDevelopmentEconomyFinance & ServicesInfrastructureINVESTMENTLeadershipPolitics
Race Tightens for AfDB President as Five Candidates Share Plans for Africa’s Future
The race to lead the African Development Bank (AfDB) is getting hotter as the date for the election draws near. The current president of the bank, Nigeria’s Dr. Akinwumi Adesina, …