Most Recent News

Major Private Equity firm invests $62 million in Sigma Pensions

Actis, a british-based private equity firm, has recently invested $62 million in leading Pension fund administrator, Sigma Pensions Limited as part of efforts geared towards adding value to Nigeria’s economy..

Zambia Launches Construction of China-Aided Hydro-Power Project

Edgar Lungu, President of Zambia Zambia has recently launched the construction of a China-aided major hydro-power project, which will go a long way in boosting the country’s electricity generation capacity..

Dangote To Construct 500 Mw Power Plant For Kano, Katsina, Others

President, Dangote Group of Companies, Alhaji Aliko Dangote has pledged to construct a 500 megawatt power plant for Kano, Katsina, Jigawa and Kaduna states. In his address at the 36th.

Djibouti: China to establish first overseas military base in Africa

Africa’s biggest trading partner, China, has signed a 10-year deal with Djibouti to build a military outpost in the country. The base is China’s first overseas military base in Africa.

World Bank unveils $16b Climate Business Plan for Africa

THE World Bank Group has unveiled a new plan that calls for $16 billion in funding to help African people and countries adapt to climate change and build up the.

Dr. Thomas Mensah identifies paths to industrialize Africa

Dr. Thomas Mensah, the renowned scientist and inventor in Atlanta, USA, received the prestigious International Business Leadership (IBL) Award for 2015 from the African Leadership Magazine (ALM). This happened at the ALM’s.

Facebook, Jumia Promote Business Growth In Nigeria

Facebook in partnership with Jumia Nigeria has recently hosted the first ‘Boost Your Business’ event at the Landmark Event Centre, Nigeria to provide entrepreneurs and business owners with best practices.

Africa’s Low Income Earners Recieve Respite From The Mastercard Foundation, Others

In order to promote low-income earners’ access to affordable, secure, and convenient financial services, The MasterCard Foundation has recently announced a five-year, $US9.6 million partnership with FinMark Trust and Cenfri.

Equatorial Guinea’s National Gas Company Opens Negotiations For LPG Purchase

The Ministry of Mines, Industry and Energy of Equatorial Guinea has recently announced that its National gas company (SONAGAS), will begin marketing the State’s share of liquefied petroleum gas (LPG).