The Jelany Africa Business and Investment Forum is set to take center stage in Doha, Qatar, from October 6 to 8, 2024, with a mission to catalyze sustainable development, foster strategic partnerships, and unlock the vast potential of African enterprises. This landmark event is poised to be a key driver in shaping the future of […]

In a significant move aimed at transforming the cooking habits across the African continent, the African Development Bank (AfDB) is ramping up its investments in clean cooking solutions. This announcement comes as a beacon of hope for millions of Africans who continue to rely on traditional cooking methods that pose health risks and environmental concerns. […]

In a groundbreaking initiative set to transform the entrepreneurial landscape in Ekiti State, the state government has joined forces with Wema Bank to train and empower over 100,000 youths and owners of Micro, Small, and Medium Enterprises (MSMEs). Unveiled on Monday in Ado-Ekiti, this collaboration aims to tackle the multifaceted challenges facing MSMEs and promote […]

The Export-Import Bank of the United States (EXIM) has been a key player in sub-Saharan Africa’s economic landscape, allocating a whopping $1.6 billion in 2023 alone. Their influence stretches across various sectors, including mining and energy. In line with the ongoing efforts to secure minerals crucial for US industries and support Africa’s growth, EXIM is […]

In a significant move that underscores its commitment to a greener future, TotalEnergies has announced a major investment in Uganda’s energy sector through a new partnership with Bujagali Energy Ltd. This agreement highlights TotalEnergies’ strategic push to expand its renewable energy footprint across Africa and marks a pivotal moment for Uganda’s energy landscape. A Bold […]

In a significant stride towards combating climate change in Africa, Helios Investment Partners has secured an initial $200 million for its climate mitigation and adaptation projects. This funding, backed by Britain’s development bank, the European Investment Bank, and other prominent climate investors, marks a crucial step in mobilizing resources to foster sustainable development across the […]

In a remarkable display of enthusiasm and entrepreneurial zeal, the Federal Government’s relaunched N100 billion restructured Nigeria Youth Investment Fund (NYIF) has attracted an incredible 80,000 applications within just 72 hours. This surge of interest underscores the immense drive among young Nigerians to seize opportunities and embark on innovative ventures. Government Initiatives and Youth Engagement […]

In the bustling heart of Lagos, Nigeria, a multi-billion-dollar saga is unfolding, pitting Africa’s wealthiest man, Aliko Dangote, against the Nigerian government. At the center of this high-stakes drama is the Dangote Petroleum Refinery, a $20 billion project that promised to transform Nigeria’s oil industry. However, the refinery is now entangled in accusations of monopolistic […]

In a significant development for Nigeria’s automotive industry, the Electric Motor Vehicle Company (EMVC) has secured $275 million in Foreign Direct Investment (FDI). This landmark investment, announced by the company’s Chief Innovation and Technical Officer (CITO), Professor Chinedu Ochinanwata, during a press briefing in Beijing, China, marks a pivotal step towards revolutionizing Nigeria’s automotive sector. […]

In a strategic move to rejuvenate its economy, Nigeria is planning to issue a diaspora bond worth up to $500 million. Announced by Finance Minister Olawale Edun, this ambitious initiative is part of a broader strategy to stabilize the economy and stimulate growth. Scheduled for issuance in the third quarter of the year, this dollar-denominated […]