Tag: Africa

Food

‘Cassava remains central to Africa’s food security, development’

The Director-General of the Pan-African Organisation for Small and Medium Industries, Dr. Henry Emejuo, says cassava remains central to Africa’s food security and industrial development. As reported by the News Agency of Nigeria on Thursday, Emejuo, who spoke on the sidelines of the just-concluded three-day Africa Cassava Conference in Abuja, described the crop as both […]

Technology

Meta unveils world’s longest undersea cable across Africa

Meta, in collaboration with several prominent global and regional telecommunications companies, has officially activated the core 2Africa subsea cable system. This system is recognized as the world’s longest open-access subsea cable and is the first to establish a continuous loop connecting both East and West Africa. The 2Africa system spans three continents and 33 countries, […]

Special Economic Zones amass $66bn foreign investment - Report
Maritime

Blue economy key to lifting Africa from poverty — NPA boss

The Managing Director of the Nigerian Ports Authority and current President of the Port Management Association of West & Central Africa, Dr. Abubakar Dantsoho, has called upon maritime operators and regulators in the West and Central African sub-region to prioritize the Blue Economy to stimulate job creation and uplift African nations and their people. Speaking […]

Opinion

GDP growth in Africa not equall to decent lives — Osinbajo

Former Vice President Professor Yemi Osinbajo has called for a paradigm shift in Africa’s development strategy, urging governments and institutions to place social justice at the centre of economic growth. Osinbajo made the call at the Ford Foundation Office for West Africa high-level anniversary celebration titled “OWA@65: From Nation Building to Social Justice,” held in […]

Business

PHOTOS: AfCFTA okays Customs-Afreximbank initiative to boost African trade

The African Continental Free Trade Area has endorsed the Customs-Partnership for African Cooperation in Trade, an initiative spearheaded by the Nigeria Customs Service and Afreximbank to boost intra-African trade. The conference announcing the initiative will hold in Abuja from November 17 to 19. AfCFTA Secretary-General Wamkele Mene announced the official endorsement in Accra during a […]

Lagos has maintained it's position as the top recipient of Capital Influx in Nigeria during the fourth quarter of 2023 (Q4 2023).
Conferences

Lagos targets Africa’s model megacity with global safety summit

The Lagos State Government is set to host the Lagos State Occupational Safety and Health Conference on Tuesday, October 7, 2025, a high-level gathering aimed at repositioning safety as a central pillar of the state’s economic and social transformation. The landmark event, themed “Occupational Safety and Health (OSH) as a Catalyst for Nation Building,” is […]

Suspect arraigned for allegedly stealing N1.1bn from Moniepoint
Opinion

Africa’s financial future will be shaped locally — Moniepoint

Moniepoint Microfinance Bank believes that the future of Africa’s financial system will be shaped within the continent through homegrown innovation, effective regulation, and informed journalism. The bank’s Chief Executive, Babatunde Olofin, emphasized this at the 2025 annual conference of the Finance Correspondents Association of Nigeria, themed “Bracing for the Digital Economy in Nigeria: Taxation, Banking […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
Electricity

300m Africans to get electricity by 2030 — World Bank

Seventeen African governments have committed to reforms and actionable plans to expand electricity access as part of Mission 300, a partnership led by the World Bank and the African Development Bank Group aiming to connect 300 million Africans to electricity by 2030. Governments from Benin, Botswana, Burundi, Cameroon, Comoros, Republic of the Congo, Ethiopia, Gambia, […]

Business

Global Energy Alliance commits $16m to enhance Africa’s energy access

The Global Energy Alliance for People and Planet has committed $16 million to enhance energy access and promote the deployment of clean energy initiatives across Africa. This announcement was made during the 80th session of the United Nations General Assembly and underscores support for Mission 300, a collaborative initiative led by the World Bank Group […]

Startups

Google supports African startups, varsities with $9m fund, AI tools

Google has reaffirmed its commitment to Africa, unveiling new subsea cable connectivity hubs, a $9 million fund, and Artificial Intelligence tools for students. The tech giant is building on nearly two decades of partnership with infrastructure, learning, and innovation announcements. Four strategic subsea cable connectivity hubs will be established in the north, south, east, and […]

Conferences

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 harmonized petroleum regulation and investment promotion across the continent. The signing ceremony took place on Thursday, September 18, 2025, on the sidelines of the 31st Africa Oil Week in Accra, Ghana, chaired by […]

Business featured

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 continent to power artificial intelligence services. The move is part of the company’s strategy to fill Africa’s massive AI infrastructure gap and unlock new revenue streams, according to CEO Ralph Mupita. Mupita said […]