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Africa - Page 51

CAR Votes for Change: Peaceful Elections Yield High Turnout

The Central African Republic’s general elections concluded peacefully on Sunday with a significant voter turnout reported across the country. The Réseau Arc-en-Ciel (RAC), the nation’s leading domestic observation network, praised the voting process, stating it was marked by “orderly conduct and significant

December 30, 2025

Africa·News·World News

Saudi Arabia Pledges Over $500 Million Investments Across Africa

Saudi Arabia has announced plans to seal deal agreements worth over $500 million with various African countries. The revelation came during the ongoing Saudi-Arab-African Economic Conference in Riyadh, where Saudi officials unveiled their commitment to fostering economic collaboration. Saudi Finance Minister Mohammed

November 9, 2023

Africa·Business·News

AfDB Unveils $15 Billion Investment Interest In Abidjan-Lagos Highway Corridor

Dr. Akinwumi Adesina, President of the African Development Bank (AfDB) has announced that the Abidjan-Lagos highway corridor, a lifeline for regional economic integration has attracted $15.5 billion in investment interest. Speaking during the 2023 Africa Investment Forum (AIF) Market Days in Marrakech held

November 8, 2023

Africa·Business·News·Oil & Gas

NNPCL, Aiteo Launch Nembe Crude Oil Grade

The Nigerian National Petroleum Company Limited (NNPCL) and Aiteo have jointly introduced the Nembe crude oil grade. The announcement was made at the Argus European Crude Conference in London, with Olufemi Soneye, NNPCL’s Chief Corporate Communications Officer, delivering the news on Wednesday,

November 8, 2023

Africa·Business·Finance & Economy·News

ShafDB Receives Stellar Credit Ratings, To Address Africa’s Housing Crisis

Agusto & Co. Limited, Nigeria’s Credit Rating Agency, has assigned ‘A(ken)’ and ‘A+(ngr)’ ratings to Shelter Afrique Development Bank (ShafDB), to address Africa’s housing crisis and driving affordable housing demands and supply across the continent. The agency has also reaffirmed ‘A+(ngr)’ ratings

November 6, 2023

Diesel Price Drop Will Bring Down Nigeria’s inflation Rate – Dangote

Africa·Business·Finance & Economy·News

Dangote Repatriates Over $576 Million From African Operations, Affirms Commitment

Dangote Industries Limited (DIL) has declared that it has repatriated a sum of over $576 million through Nigerian banks, further solidifying its commitment to Nigeria and its pan-African expansion. The company also revealed a cash swap arrangement of $111.97 million between Dangote

November 6, 2023

Africa·Business·News·World News

New Social Contract Vital For Accelerating Sustainable Development In Africa, Says ECA

Claver Gatete, the newly appointed Executive Secretary of the Economic Commission for Africa (ECA), has stressed the importance of a new social contract to advance fair and equal opportunities for African citizens, during a meeting of experts and policymakers in Addis Ababa,

November 5, 2023

US Election 2024: Biden Wins Primary In Michigan, Amid ‘Uncommitted’ Votes Threat

Africa·Business

Biden Seeks To Improve AGOA Trade Program Amid Controversy

During the US-Africa summit in Johannesburg, US Secretary of State Antony Blinken announced President Joe Biden's intention to enhance the African Growth and Opportunity Act (AGOA)

November 4, 2023

Africa·Business·Finance & Economy·News

Tinubu Commends France For Returning $150m Abacha Loot

President Bola Tinubu has extended Nigeria’s appreciation to France for the return of $150 million, previously embezzled by former Head of State, Gen. Sani Abacha. This development was announced by Catherine Colonna, the Minister of Europe and Foreign Affairs of France, who

November 3, 2023

Naira Falls To ₦1,530/$ At Official Market After Public Holiday

Africa·Business·Currency·News

Naira Trades Below N900/$1 At P2P, Spectators Lament

The Naira has orchestrated a comeback against the US dollar, creating waves across multiple markets. This represents a setback for currency speculators who had been betting against the Nigerian currency. For the first time since August 2023, the exchange rate has plummeted

November 3, 2023

Africa

Germany Seeks Forgiveness From Tanzania Over Colonial Crimes

In a bid to foster bilateral relationship with former colonies in Africa, Germany is officially seeking forgiveness from Tanzania for the injustice and crimes it committed during it Colonial rule.

November 2, 2023

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

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The government of Venezuela has condemned what it described as

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Africa - Page 51

CAR Votes for Change: Peaceful Elections Yield High Turnout

Saudi Arabia Pledges Over $500 Million Investments Across Africa

AfDB Unveils $15 Billion Investment Interest In Abidjan-Lagos Highway Corridor

NNPCL, Aiteo Launch Nembe Crude Oil Grade

ShafDB Receives Stellar Credit Ratings, To Address Africa’s Housing Crisis

Dangote Repatriates Over $576 Million From African Operations, Affirms Commitment

New Social Contract Vital For Accelerating Sustainable Development In Africa, Says ECA

Biden Seeks To Improve AGOA Trade Program Amid Controversy

Tinubu Commends France For Returning $150m Abacha Loot

Naira Trades Below N900/$1 At P2P, Spectators Lament

Germany Seeks Forgiveness From Tanzania Over Colonial Crimes

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CAR Votes for Change: Peaceful Elections Yield High Turnout

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