Category: Business & Financial

Global energy company bp has confirmed as a Platinum Sponsor for the upcoming MSGBC Oil, Gas & Power 2023 Conference & Exhibition (https://apo-opa.info/457TfAA) in Nouakchott, Mauritania. Under the esteemed patronage of the Mauritanian President Mohamed Ould Cheik Ghazouani and in partnership with the Ministry of Petroleum, Energy and Mines; Société Mauritanienne des Hydrocarbures et de Patrimoine […]

In a strategic shift that is reshaping the African economic landscape, Special Economic Zones (SEZs) are emerging as powerful catalysts for development. These zones, rather than exporting raw resources, are inviting international corporations to establish manufacturing bases within African borders, ushering in a new era of ‘MADE IN AFRICA’ products. At the forefront of this […]

Africa’s downstream industry has emerged as a highly attractive investment opportunity for regional and foreign players. Despite offering a wealth of resources, lack of adequate refining infrastructure has resulted in import-heavy economies continent-wide. This trend, however, is set to reverse as recent oil and gas discoveries motivate the development of new refining plants and the […]

Former Nigerian President and African Statesman, Olusegun Obasanjo, to lead discussions on Africa’s energy transition and development at African Energy Week 2023. Olusegun Obasanjo, the former President of Nigeria and a respected African statesman, will host the Energy Growth and Just Transition Presidential Roundtable at the 2023 African Energy Week (AEW) conference and exhibition. The […]

On September 25, 2023, the African Development Bank Group (AfDB) announced a 15-month debarment of Joycot General Contractors Ltd., effective from September 8, 2023. Joycot General Contractors Ltd., a registered construction company in Kenya, faced this disciplinary action following an investigation conducted by the Bank’s Office of Integrity and Anti-Corruption. The investigation revealed that Joycot […]

Unstoppable Africa 2023 has concluded, leaving a profound mark on the African continent. The two-day Global Africa Business Initiative (GABI) (https://www.GABI.biz) event aims to boost Africa’s standing in the global economy and establish the continent as the foremost destination for business, trade, and investment. This transformative gathering on the sidelines of the UN General Assembly has […]

The African Export-Import Bank (Afreximbank) has called on African countries to prioritise the development of public and private export trading companies (ETCs) in order to position the continent’s small and medium enterprises (SMEs) to participate effectively in global trade. In an address to the Africa International Exhibition, which opened yesterday on the sidelines of the […]

Lagos, Nigeria’s commercial hub, has initiated commercial operations for its long-awaited Blue Rail Line project. Governor Babajide Sanwo-Olu and local officials celebrated the launch, offering hope for alleviating Lagos’ notorious traffic issues. The rail system aims to serve 250,000 daily riders, reducing travel time along the Mile 2-Marina corridor. Lagos, with its population exceeding 20 […]