The World Bank has said that access to affordable and reliable electricity is vital to unlocking Africa’s potential for job creation, industrial growth, and poverty reduction. In a new blog …
The Federal Government has paid over N2 trillion owed to contractors for capital projects from the 2024 budget, and says it will now focus on ensuring timely release of funds …
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 …
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 …
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 …
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. …
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 …
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 …
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 …
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 …