Most Recent News

Nigeria’s petroleum industry gets 95% of nuclear licences – NNRA

The Nigerian Nuclear Regulatory Authority (NNRA) yesterday said 95 per cent of the nuclear licenses it has issued are for the petroleum industry. Its Director-General, Prof. Lawrence Dim, who spoke.

AfDB, Big Win Philanthropy, Dangote Foundation launch plan to improve child nutrition across Africa

Working with Big Win Philanthropy and Aliko Dangote Foundation, the African Development Bank has unveiled a new Multi-Sectoral Nutrition Action Plan that aims at raising investments towards reducing stunting by.

Nigeria government, investors set to benefit from Africa Trade Insurance Agency’s investment

The Government of Nigeria and private sector investors are set to receive support that will help boost key industries such as the banking sector as well as providing access to.

Senegal’s industrial park open for business

Forty kilometers from the capital, Dakar, a new industrial park has opened. Seven companies, from China, Côte d’Ivoire, France, Tunisia and one from Senegal itself, have already set up operations.

South Africa ratifies African Continental Free Trade Area

South African parliament has ratified the agreement establishing the African Continental Free Trade Area (AfCFTA). It has now joined 49 other countries that have put pen to paper on the.

Cellulant to build a single payments API for Africa’s fintech companies

Pan-African payments company Cellulant has announced plans to build an application programming interface (API) for Africa’s payments companies to solve Africa’s payment problems. The interface is also expected to grow.

Central African Republic formalizes Afreximbank membership, deposits ratification document

Central African Republic has formalized its membership of the African Export-Import Bank, Afreximbank, with the deposit of the instrument of the country’s ratification of the Bank’s Establishment Agreement with the.

Africa50 acquires 15 per cent of equity in Nachtigal Hydropower Plant

Africa50, the pan-African infrastructure investment platform, has acquired 15 per cent of the equity stake in the Nachtigal Hydro Power Company (NHPC) which runs the Nachtigal hydropower project in Cameroon..

OFID invests $50 million to support Egypt purchase gas, petroleum products

The OPEC Fund for International Development, OFID, has announced it is contributing $50 million to support Egypt’s purchase of crude oil, petroleum products and liquefied natural gas via a mudaraba.