South Africa’s plan to spend more on new capital projects has dropped sharply in the first half of 2025, as both the government and state-owned companies failed to introduce fresh …
BusinessEconomyEnergyINVESTMENTPublic Sector
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BankingEastern AfricaFinance & ServicesHousingReal EstateUrban Development
Absa Bank Pledges KShs 4 Billion to Support Affordable Housing in Kenya
Absa Bank Kenya has increased its financial commitment to the affordable housing sector with a new pledge of KShs 4 billion to support home loans for individuals. This represents a …
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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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A committee of Kenya’s National Assembly has ordered a special audit into a controversial financial partnership between the National Oil Corporation of Kenya (NOCK) and Rubis Energy Kenya, raising serious …
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BusinessEconomyEnergyInfrastructureINVESTMENTTrade and Commerce
UK Businesses Eye Nigeria, Africa for Strategic Growth Amid Mineral Wealth, Reforms
British businesses are showing growing interest in Nigeria and other African countries as the continent becomes a key target for international investments. This development is driven by Africa’s vast mineral …
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AgricultureBusinessDevelopmentEconomyInsurancePolicies
Lasaco Assurance Unveils New Insurance Scheme for Farmers
Lasaco Assurance Plc has introduced a new insurance product designed to protect Nigerian farmers and agricultural cooperatives against risks in the agriculture sector. The company presented its Cooperative Insurance Scheme …
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BusinessEconomyEducationFinance & ServicesInternational RelationsPolitics
Ruto Welcomes EBRD Move to Open African Office in Nairobi
President William Ruto has expressed happiness over the decision of the European Bank for Reconstruction and Development (EBRD) to set up its African continental office in Nairobi, Kenya. The move …
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AfricaAFRICA NEWSBusinessBusiness and EconomyDevelopmentInfrastructureNewsUGANDA
Kansai Plascon Donates Shs 50 Million in Paint for Buganda Kingdom’s Bulange Refurbishment
Kansai Plascon Uganda has officially handed over paint and related items worth Shs 50 million to the Buganda Kingdom for the refurbishment of Bulange-Mengo, the kingdom’s iconic administrative headquarters and …
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EconomyGOVERNMENTInfrastructureINVESTMENTNigeriaPolicies
Nigeria’s Infrastructure Boss Woos Investors
The Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Jobson Ewalefoh, has declared Nigeria open for business and ready for global partnerships, urging both local and international investors to tap …
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BusinessEconomyEnergyGlobal NewsGOVERNMENTInfrastructureINVESTMENTSouth Africa
Transformation Is Key to South Africa’s Economic Growth – BLSA CEO
Chief Executive Officer of Business Leadership South Africa (BLSA), Busisiwe Mavuso, has said that South Africa’s economic future depends heavily on transformation and continuous reforms. She made this known in …
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