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Nigeria to boost infrastructure investment with new ASIF platform
Nigeria has officially launched the Africa Sovereign Investors Forum (ASIF) Investment Platform, a groundbreaking initiative designed to catalyse large-scale investments across the African continent. Introduced during the 4th ASIF Annual Meeting in Abuja, the platform aims to enhance cross-border financing in critical sectors such as infrastructure, renewable energy, healthcare, and manufacturing.Additionally, the platform seeks to attract both domestic and global…
AFDB to bridge infrastructure gap with new facility in Ghana
The African Development Bank (AfDB) is preparing to launch a groundbreaking infrastructure financing facility in Ghana, aimed at unlocking private capital and bridging the country’s infrastructure funding gap. This initiative is part of AfDB’s broader commitment to promoting sustainable development and accelerating economic growth across the continent.The facility will target key sectors critical to Ghana’s development, including energy, transportation, digital…
Kenyan Lawmakers oppose new proposal seeking full data access for tax body
The Kenyan Parliament has rejected a proposal to grant the country's revenue authority unrestricted access to tax payers' data, citing privacy and constitutional concerns.The new proposal is part of the new finance bill which the Finance Minister John Mbadi has defended saying it would help curb tax evasion, particularly by wealthy individuals exploiting legal protections to conceal financial information.Since assuming…
World Bank to support vulnerable Nigerians with new $40 million package
The World Bank has earmarked $40 million to support poor and vulnerable…
NGX, SEC to deepen relations with China for investment
The Nigerian Exchange Group (NGX) and the Securities and Exchange Commission (SEC)…
Nigeria’s fuel imports drop by 54% in Q1 2025
Nigeria's dependence on imported petrol saw a notable decline in the first…
NUPRC to implement new drill or drop policy
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is set to implement a…
AFDB to support Africa’s largest solar project with $184 million
The board of directors of the African Development Bank Group has approved…
China grants duty-free access to all African Nations
China has announced that all 53 African countries with which it maintains…
Over 1,500 civil servants have access to affordable consumer credit scheme – Tinubu
Nigeria's President Bola Tinubu has said over 1,500 civil servants have benefited…
Nigeria ranks third in the top 10 manufacturing countries in Africa
Nigeria ranked third in the best manufacturing country in Africa according to…
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Solving Africa’s power sector challenge to harness digital growth
Africa has witnessed a substantial increase in its server capacity, reflecting the…
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SEC to drive stablecoins regulations with new initiative
The Securities and Exchange Commission (SEC) is set to launch the 'Crypto Smart, Nigeria Strong' initiative to drive a new framework for stablecoin regulations.This move is part of the commission’s…
