There is little hope that Donald Trump’s administration will bring about positive changes for this continent of more than 1.4 billion people, even though African
Category: Africa
Nigeria grants China approval to revamp the $1.2b gas plant to generate 540mw of electricity for ALSCON.
Nigeria’s Petroleum Ministry announced that it has signed a $1.2 billion deal with CNCEC, a Chinese state-owned engineering company, to renovate a gas processing facility
Nigeria faces the worst food crisis in 50 years with 33m people at risk. – UN.
Due to economic difficulties, a joint government-United Nations assessment released Friday predicted that over 30 million Nigerians will experience food insecurity next year, a one-third
Nigeria’s Dangote oil refinery pleads with the Nation’s oil regulators for patronage and to save FX from imports.
Marketers who claimed they had to augment Dangote’s supplies with imports to address fuel shortages were refuted by the wealthy founder of Nigeria’s Dangote oil
Nigeria’s Moniepoint achieves unicorn with over $1b valuation and $110m in new funds.
Fintech Company Moniepoint, located in Nigeria, announced on Tuesday that it has secured $110 million in fresh capital from investors, including Google, to expand its
South Africa’s Pick n Pay to exit Nigeria after suffering massive losses.
As part of its intentions to restructure outside of its home market, South African grocery store Pick n Pay announced today that it will sell
Nigeria’s Brass petrochemical plant costing $3.5b to generate $1.5b annually, signs gas supply deal.
Nigeria signed an agreement with joint venture partners to supply gas to a proposed $3.5 billion Brass fertilizer and petrochemical facility, marking a significant step
Solar powers Africa with providers making brisk businesses, where 600m still lack electricity.
On a continent whose governments have long battled to solve some of the worst infrastructure in the world and the challenges of climate change, companies
World Bank grants Nigeria a $1.57b loan to tackle out-of-school children, health and power.
As part of a new initiative to assist Nigeria’s health and education sectors and contribute to the country’s sustainable energy supply, the World Bank authorized
African countries aim to raise $2b from the World’s first-ever joint “debt-for-nature” swap.
A global conservation organization claims that at least five African nations are collaborating to create what may be the first-ever collective “debt-for-nature” swap in order
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