Africa

African Development Bank Group President Dr. Akinwumi Adesina has reaffirmed the Bank’s central role in advancing Africa’s connectivity, industrialization, and regional integration through strategic investments aligned with Italy’s Mattei Plan and the European Union’s Global Gateway initiative. Speaking at the joint Mattei Plan–Global Gateway Summit held in Rome on Friday…

A Qatari-based dairy industry, Baladna, is set to establish a multi-million dollar food factory in Ogun State. Baladna is an agricultural company that raises livestock and produces dairy products. It is Qatar’s largest locally-owned food and dairy producer that supplies over 95 percent of the country’s fresh dairy products. The…

Reprieve may have come the way of foreign students as the President Donald Trump’s administration on Wednesday, directed the resumption of student visa appointments as its foreign missions. However, the administration has also ordered a stricter social media vetting targeting applicants who may be hostile towards the United States, according…

President Bola Ahmed Tinubu has called for collective action and regional cooperation among African countries in actualising transformative development on the continent.   Specifically, he said shrewd utilisation of sovereign wealth funds is crucial in ongoing efforts to close the infrastructure gap, build climate change resilience and create job opportunities…

Ghana is fast-tracking the implementation of the African Continental Free Trade Area (AfCFTA) to unlock new opportunities for Ghanaian businesses across Africa by moving beyond commodity-based trade towards value addition for its traditional exports such as gold, oil and cocoa. Speaking during the Ghana Intra-African Trade Fair (IATF) 2025 Business…

Nigeria is set to lose $4 million fro a World Bank-backed loan after failing to meet critical audit standards tied to reforms in the Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service. The forfeited sum was part of the $103 million Fiscal Governance and Institutions Project, designed to…

The Federal High Court in Abuja on Tuesday, ordered the remand of Mr Jesam Michael, the Chef Executive Officer (CEO) of Afriq Arbitrage System (AAS) Limited, in Kuje Correctional Centre over alleged investment fraud. Justice Obiora Egwuatu ordered Michael’s remand on Tuesday following his arraignment by the Economic and Financial…

The recent flood disaster in Mokwa, Niger State, was not triggered by any release from the Kainji or Jebba dams, which remain “intact and safe,” according to the Minister of Water Resources and Sanitation, Engr. Prof. Joseph Utsev. Speaking at a press briefing on Tuesday in Abuja, Prof. Utsev commended…

Samsung, SuperSport, Leadway Assurance and other leading brands have confirmed their support for the upcoming 4th edition of Cycling Lagos, now scheduled to hold on Saturday, June 28th, 2025. The 2025 edition, proudly sponsored by Samsung, also enjoys the support of Nestlé Nigeria Plc, Evans Baroque, Mountains Energy Solution the…

Central Bank of Nigeria (CBN), Governor Olayemi Cardoso was named Central Bank Governor of the Year at the 2025 African Banker Awards Gala, held on Wednesday, May 28, 2025, in Abidjan, Côte d’Ivoire. The award, presented by African Banker magazine, recognizes Cardoso’s “bold and strategic” leadership in steering monetary and…