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
Category: Africa
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
Nigeria’s central bank raises interest rate to 27.25%, the 5th straight hike this year.
The Monetary Policy Committee (MPC) unanimously decided to raise Nigeria’s benchmark lending rate from 26.75% to 27.25% on Tuesday, shocking the market. Laptops 1000 Following
U.S biggest lender JPMorgan Chase embarks on growth push across Africa.
In an effort by the largest U.S. lender to grow on the continent, CEO Jamie Dimon intends to visit Africa in mid-October. This will be
China offers Africa $51b fresh funding in yuan, 1m jobs, stoking fears of debt trap
On Thursday, President Xi Jinping promised to increase China’s assistance to debt-ridden Africa, including funding of approximately $51 billion over three years, support for further
Ghana begins constructing 300,000bpd, a $12b oil refinery on 20,000 acres, fueling the accusation of land grab.
The government of Ghana expects that by building a 300,000 barrel-per-day oil refinery, President Nana Akufo-Addo’s country will become the petroleum hub of the region,
Poland pleads with Nigeria to release 6 Polish students and a lecturer at the University of Warsaw detained over protests.
Polish ambassadors requested the release of seven people who were detained in Nigeria on Friday amid ongoing protests in the West African nation, citing their
South Africa’s “construction mafias” lay siege on projects, scaring away investors. – Minister.
The nation’s new minister of public works and infrastructure claimed on Friday that strong, politically connected “construction mafias” deter investors and stall infrastructure projects essential
Facebook deletes 63,000 Nigerian Yahoo boys’ profiles for sexual extortion scams.
In addition to sites and organizations attempting to coordinate, enlist, and teach new con artists, Meta claims to have removed over 63,000 Facebook profiles involved
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