Nigeria, seven other African countries sign landmark petroleum charter
Nigeria and seven other African countries have endorsed a landmark charter establishing the African Petroleum Regulators Forum, setting a new course for…
Africa
MTN to develop AI-powered data centers in Africa
MTN Group, Africa’s largest telecom operator, is in advanced talks with United States and European firms to develop data centers across the…
Africa loses $12.7bn yearly to infrastructure disasters — Report
Africa suffers an average of $12.7 billion in annual infrastructure losses from natural disasters, according to a new report by the Coalition…
Top 10 most-improved visa-friendly African countries
Traveling between African countries is becoming increasingly accessible, thanks to growing trends in visa policy reforms across the continent. A recent report,…
Osimhen, Fireboy, Veekee James others make Forbes 30 Under 30
Five Nigerians have been recognized by Forbes Magazine in its 30 Under 30 Africa Class of 2024, for shaping the continent’s future…
Africa’s exports to grow by 5.3% in 2024 – WTO
World Trade Organization declared that exported goods from Africa are projected to grow by 5.3% on an annual basis in comparison with…
AGOA boost: Kenya receives $55m for apparel expansion
The African Growth and Opportunity Act, which has significantly contributed to enhancing trade and investment in sub-Saharan Africa with the United States…
China to drive Africa’s renewable energy revolution – Report
China has an extraordinary opportunity for an energy revolution in Africa, but first, it must overcome almost two decades of neglect regarding…
African countries to dominate global economy in 2024, 2025- Report
The Economic Commission for Africa predicts that African countries will dominate the world’s top 10 fastest-growing economies in 2024 and 2025. In…
Africa imports 80% of medicines, says AfDB
By Melvin Onwubuke The President of the African Development Bank, Akinwumi Adesina has said that Africa imports between 70 per cent…
Flow Financial launches in Africa, begins hiring in Nigeria
Floww Financial today announced its successful debut into the African cryptocurrency sector with the commencement of its Nigeria operations. According to Nairametrics,…
African economic growth slumps to 3.2% in 2023
Melvin Onwubuke Nigeria and other African nation’s economic growth fell to 3.2 per cent 2023 contrary to 4.1 per cent in 2022.…