The Chairman of Libya’s National Oil Corporation (NOC), Engr. Masoud Suleiman, has called on Schlumberger Middle East (SLB), one of the world’s leading oilfield service companies, to establish branches of …
job creation
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BusinessEconomyEmploymentEnvironmentInternational RelationsOil & Gas
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DevelopmentEconomyEnergyInfrastructureNigeriaOil & Gas
NNPC Boss Bayo Ojulari Assures Timely Completion of $2.8bn AKK Gas Pipeline Project
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has given fresh assurance that the $2.8 billion Ajaokuta–Kaduna–Kano (AKK) Natural Gas Pipeline project …
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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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BusinessDevelopmentEconomyINVESTMENTLeadershipNigeriaOil & Gas
Dangote Urges Wealthy Nigerians to Invest Locally, Says Economic Growth Depends on Domestic Investment
Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, has called on wealthy Nigerians and African entrepreneurs to invest within their countries, stressing that it remains the only …
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BusinessDevelopmentManufacturingNigeria
Lifemate MD Decries Forex, Inflation Challenges as Firm Celebrates 19th Anniversary
The Managing Director of Lifemate Furniture, Mr Liu Lihua, has expressed deep concern over the persistent fluctuations in Nigeria’s foreign exchange market and the rising rate of inflation, saying both …
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EconomyEnergyEnvironmentFinance & ServicesInfrastructureTechnology
South Africa’s PIC Commits R656 Million to SA-H2 Fund
The Public Investment Corporation (PIC), which is South Africa’s state-owned asset manager, has committed a significant amount of money—R656 million—to the SA-H2 Fund. This fund is a blended finance project …
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Business and EconomyEconomyFinance & ServicesGOVERNMENTNigeria
SMEDAN Secures N11 Billion, Creates 100,000 Jobs in Two Years – DG Charles Odii
The Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr. Charles Odii, has revealed that the agency has facilitated over N11 billion in financial support for …
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AgricultureEconomyInternational RelationsPoliciesTANZANIATrade and Commerce
Tanzania Targets $2 Billion from Horticulture Exports by 2030 as Sector Gains Momentum
Tanzania is now aiming high in the agricultural sector, as the country sets a new target to hit $2 billion in annual horticulture exports by the year 2030. This goal …
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BusinessEconomyEntrepreneurshipINVESTMENTManufacturingNigeria
Yikodeen Gets $1.5m Boost from Aruwa Capital to Expand Safety Footwear Production in Nigeria
Nigerian safety footwear manufacturer, Yikodeen, has secured a $1.5 million investment from Lagos-based private equity firm, Aruwa Capital Management. The money will be used to expand Yikodeen’s factory, increase its …
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Dangote IndustriesEconomyManufacturingNigeriaTrade and Commerce
Dangote Packaging Targets African Markets After Boosting Production Capacity
Dangote Packaging Limited (DPL), a subsidiary of the Dangote Group, has revealed plans to enter export markets across Africa after ramping up its monthly production capacity of polypropylene bags from …