Essential Tips for Investing in the Nigerian Stock Market
Investing in the Nigerian stock market has proven to be a lucrative venture. In the past year, the Nigerian Exchange (NGX) appreciated by over 45% with several stocks delivering impressive…
How climate change contributes to malnutrition in Africa
Climate change is a pressing global issue that is impacting every corner of the world, including Africa. One of the major consequences of climate change in Africa is the increase…
Zambia secures AFDB’s support for new solar project
The African Development Bank (AfDB) has approved a $8 million loan to support the construction of the 25 MW Irude solar photovoltaic plant in Zambia.The project is located in the…
Kenya to access $606 million new IMF loan
Kenya is set to access $606 million loan from the International Monetary Fund IMF. This is coming after the IMF board approved the seventh and eighth review of President Ruto's…
Bitcoin nears record high as investors bet on US Election
Bitcoin is on the brink of breaking its all-time high, trading close to $73,000 as investors place their bets on the upcoming U.S. presidential election. As of Wednesday, Bitcoin surged…
South Africa hunts for more private sector investment in infrastructure
The South African government is changing the way the private sector participates in public infrastructure projects, the National Treasury said on Wednesday."Over the medium term, the government is transforming its…
Nigeria targets local and international investment in its sugar sector
The Nigerian government, through the National Sugar Development Council (NSDC), is urging both local and international investors to explore opportunities within the country's sugar sector.According to NSDC's Executive Secretary, Kamar…
Nigeria strengthens border security and regional trade with technology
Nigeria is adopting technological tools to strengthen safety and security at its borders. This follows the approval of 52 billion naira to purchase e-border surveillance system back in 2019. Nigeria…
Madagascar mining firm completes first Graphite shipment to global markets
NextSource Materials Inc. has completed its first commercial shipments of SuperFlake graphite concentrate from its Molo Graphite Mine in southern Madagascar.The Molo mine is owned by NextSource Materials Inc., a…
South Africa blocks merger of Vodacom and Maziv
South Africa’s Competition Tribunal has blocked Vodacom’s attempt to buy a majority stake in Maziv, a subsidiary of Community Investment Ventures Holdings (CIVH).Under the deal, Vodacom will take a 30%…