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Africa - Page 44

Togo Secures $200,000 for Pilot Battery Energy Storage Project

Togo is launching a pilot battery energy storage project to stabilize its national grid and accelerate the country’s shift toward renewable energy. The initiative is being supported by the French Development Agency (AFD) and the Global Energy Alliance for People and Planet

October 22, 2025

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

Kenya's President William Ruto Announces Visa-Free Entry

Africa

No African Will Require Visa To Enter Kenya From 2024 – President Ruto

Kenyan President, William Ruto has disclosed that starting from next year, visa requirements will be waived for African nationals planning to visit his country, predicating this on the need to enhance trade relations with fellow African countries. He announced this significant development

October 30, 2023

Africa·Business

Germany To Tackle Insecurity, Infrastructure, Others In ECOWAS With €81m

The government of Germany has pledged €81 million to the Economic Community of West African States (ECOWAS). The funding, aimed at addressing the region’s pressing concerns such as insecurity, infrastructure deficits, and climate change, was revealed by Omar Touray, the President of

October 30, 2023

Africa·Business·Currency

Naira, Angolan Kwanza Worst Currencies In Sub Sahara Africa, Says World Bank

latest Africa Pulse report from the World Bank has declared the Nigerian Naira and the Angolan Kwanza as the worst-performing currencies in Sub-Saharan Africa this year.

October 30, 2023

Africa·Business

Afreximbank, CEXIM Partner In $600m Deal For China-Africa Trade

In a move that holds promise for the future of trade and economic relations between China and Africa, the African Export-Import Bank (Afreximbank) and the Export-Import Bank of China (CEXIM) have joined forces in a $600 million partnership.

October 22, 2023

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Africa - Page 44

Togo Secures $200,000 for Pilot Battery Energy Storage Project

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

No African Will Require Visa To Enter Kenya From 2024 – President Ruto

Germany To Tackle Insecurity, Infrastructure, Others In ECOWAS With €81m

Naira, Angolan Kwanza Worst Currencies In Sub Sahara Africa, Says World Bank

Afreximbank, CEXIM Partner In $600m Deal For China-Africa Trade

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