Nigeria Issues Arrest Warrant for Former Petroleum Minister Timipre Sylva
Nigeria’s Economic and Financial Crimes Commission (EFCC) has announced that a Federal High Court in Lagos has issued a warrant for the arrest of former […]
investment
Sahara: Dakar hails historic UNSC resolution recognizing autonomy plan under Moroccan sovereignty
Senegal has hailed the adoption by the UN Security Council of resolution 2797 recognizing the Moroccan autonomy plan under the Kingdom’s sovereignty as the only […]
Mozambique Expects Economic Recovery in 2026, Driven by Gas and Mining Projects
The Bank of Mozambique projects a gradual economic rebound in 2026, supported by major investments in natural gas and mining. Governor Rogério Zandamela, speaking at […]
IFC to Expand Local-Currency Lending to Strengthen African Investment Landscape
The International Finance Corporation announced plans on 3 November 2025 to scale up local-currency lending and direct investment across Africa, aiming to help businesses achieve […]
Namibia Unveils Five-Year Strategy to Align Diplomacy with Economic Growth
Namibia has launched a new five-year strategic plan (2025–2030) aimed at integrating foreign policy with trade and investment promotion to enhance the nation’s global economic […]
South Africa Deepens Ties with Indonesia Ahead of President Ramaphosa’s State Visit
South Africa is set to strengthen its longstanding diplomatic and economic partnership with Indonesia as President Cyril Ramaphosa embarks on a State Visit to Jakarta […]
Angola to Host US$100 Million Logistics Investment to Strengthen Regional Hub Status
A major logistics multinational has announced this week-end a US$100 million investment in Angola, focused on expanding freight capacity, enhancing transport infrastructure, and bolstering the […]
Türkiye-Africa Trade Hits $37 Billion in 2024, Sets Sights on $40 Billion Target for 2025
Trade between Türkiye and Africa reached a record $37 billion in 2024, with Ankara targeting $40 billion by 2025, according to Trade Minister Omer Bolat. […]
Uganda and Somalia Deepen Ties with New Cooperation Agreements
Uganda and Somalia have signed three new memoranda of understanding (MoUs) aimed at strengthening bilateral relations across key sectors including security, education, immigration, and labour. […]
Nigeria’s Rig Count Soars to 69 as NUPRC Records Major Milestones in Four Years
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a remarkable increase in the country’s rig count from eight in 2021 to 69, representing a […]