South Africa received a $1 billion loan from the World Bank on Wednesday to help with its energy problem, which reached a crescendo this year
Category: Africa
Nigeria’s finance minister says $10b forex inflow to hit the economy in weeks.
Nigeria’s finance minister, Wale Edun, says the country anticipates receiving $10 billion in foreign currency inflows over the coming few weeks, which will help to
China to invest new funding of $6b under BRI projects in various sectors in Nigeria.
Following a Belt and Road Initiative summit in Beijing, President Xi Jinping of China promised on Thursday that his nation will raise investments in Nigeria’s
Caledonia will raise $250 million for the Bilboes project in Zimbabwe, which will produce 250,000 ounces of gold.
The $250 million needed to turn Caledonia Mining Corp.’s Bilboes project into what would be Zimbabwe’s largest gold mine is being sought after. According to
Nigeria is now lithium-rich, and foreign firms must set up local plants to be granted licenses.
Nigeria’s minister of mines announced on Tuesday that the country is toughening licensing requirements for foreign mining firms to encourage them to increase the processing
Nigeria’s president appoints Olukoyede as new head of the anti-graft agency.
President Bola Tinubu of Nigeria appointed a lawyer to lead the country’s anti-graft organization after the former leader was dismissed over corruption charges, his spokeswoman
South Africa to commence virtual wheeling of renewable energy in 2024 to salvage the economy.
A senior government official said on Friday that South Africa’s first virtual electricity transfer model will likely go online by the end of the year,
South American farmers hijack cocoa production from Africa with high-tech and better yields as prices rally.
In Bahia, Brazil, one of the nation’s new frontier agricultural regions suitable for extensive, high-tech farming, Schmidt Agricola is a significant agricultural corporation growing soybeans,
Africa has the funding and technology to achieve food security in five years. – African Development Bank head.
The $25 billion goal of the African Development Bank (AfDB) is “well on track,” according to AfDB President Akinwumi Adesina, whose organization supports programs in
Nigeria’s new central bank governor Olayemi Cardoso and four new deputy governors resume office.
In anticipation of being formally confirmed by the Senate, Olayemi Cardoso, who was recently nominated by Nigerian President Bola Ahmed Tinubu to serve as the
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