World Bank grants Nigeria fresh $700 million loan, see why

The information was revealed in a statement on Friday on the institution’s website. The new loan aims to provide additional funds for an ongoing project known as the Adolescent Girls Initiative for Learning and Empowerment. The statement read, “The World Bank approved additional financing of $700m for Nigeria to scale up the Adolescent Girls Initiative

Super Eagles risk group of death – The Sun Nigeria

The poor FIFA ranking of Nigeria’s Super Eagles has produced a quick result as they were seeded to Pot 2 of the draws for the 2023 African Cup of Nations in Ivory Coast. The 3-time African champion was ranked 40th in the world and 6th in Africa in the latest draw released by the World

Report: Weak Currencies Curb Africa Trade

Unstable and weakening local currencies, foreign currency shortage and poor infrastructure are squeezing trade in Africa, a new report by South Africa’s Standard Bank has said. The 2023 Standard Bank Trade Barometer report highlights the challenges faced by African businesses in ten countries as they seek to grow domestic, regional, and international trade. Created by

The gender financial inclusion gap in Africa?

While financial inclusion is growing in importance worldwide there is still a discrepancy between male and female financial inclusion – the so-called gender financial inclusion gap.?? At a global level, the World Economic Forum’s 2022 Global Gender Gap Report estimates it will take an average of 132 years to achieve gender equality globally!  The African

AMAA 2023 to hold October 29, nominees unveiled

The organisers of the Africa Movie Academy Awards (AMAA), Africa Film Academy (AFA), on Thursday announced nominees for the 2023 edition of the ceremony. The AFA Chairman, Raymond Anyiam-Osigwe, unveiled the activities for the 19th edition of the awards ceremony in Lagos. The head of the AMAA jury, Keith Shiri, was also at the briefing.

Africa Bitumen Market Trend Analysis, Latest Revenue Figures, Business Outlines, Growth Insights, and Forecasts until 2030

PRESS RELEASE Published September 22, 2023   Report Description: Coherent Market Insights’ current report, Global “Africa Bitumen Market Size, Share, Regions, Type, Application, Pricing, Trends, Growth, Segments, Opportunities and Forecast 2023-2030”, is a valuable source of insightful data for developing business strategies. It intends to draw attention to major trends, growth possibilities, and the competitive environment. Businesses must grasp

APPO Visits New Member Ghana, Discusses Future Of Oil & Gas In Africa

As part of its Member Country visits, the African Petroleum Producers’ Organization (APPO) has visited the Republic of Ghana, where frank conversations were held with the country’s leadership on the future of Oil and Gas in Africa. Ghana’s President Nana Akuffo-Addo played host to the APPO delegation led by Secretary-General, Dr. Omar Farouk Ibrahim. The

Ghana is looking to supply Nigeria with its electricity needs following power grid shutdown

Mr. Hanson Monney, the Head of the Generation and Transmission Unit at the Ghanaian Ministry of Energy, emphasised that via effective policy development and implementation, Ghana has already attained an impressive 80% to 85% universal energy access inside its boundaries. During his presentation in Lagos on the second day of the Nigeria Energy Leadership Summit,

Africa’s Business Heroes announces the top 10 finalists for 2023

After a rigorous round of semi-final business pitches and evaluations conducted on September 1 and 2 at Norrsken House in Kigali, Rwanda, the Jack Ma Foundation and Alibaba Philanthropy-sponsored Africa’s Business Heroes (ABH) Prize Competition, now celebrating its fifth year, has revealed the top 10 finalists for 2023. The ABH Prize Competition, inaugurated in 2019,