Nigeria’s economy to grow by 3.2% in 2025 – IMF
The International Monetary Fund (IMF) has revised Nigeria’s economic growth forecast for 2024 down to 2.9%, citing challenges in the agriculture and oil sectors. However, the IMF projects a rebound…
Morocco allocates over $34 Billion for public investment in 2025
The Moroccan government is set to allocate 340 billion dirhams (approximately $34.5 billion) for public investment projects in 2025, according to the 2025 draft budget presented by the Minister of…
China-Nigeria to strengthen trade cooperation
China and Nigeria stepped up efforts to strengthen long-term ties and opened new chapters in bilateral cooperation.Hosted by the Zhengdao International Exhibition Corporation and the Trade Development Bureau of the…
Safaricom partners with Cloudflare to boost cybersecurity for MSMEs
Micro, small and medium enterprises (MSMEs) in Kenya will now have access to affordable cybersecurity services under a new partnership between Safaricom, Cloudflare and East African systems integrator Copy Cat.The…
Nigeria raises N289.597 billion from its October 2024 bond
The Federal government of Nigeria says it has raised N289.597 billion from its October bond auction. The auction, held on October 21 2024, opened with the19.30% FGN APR 2029 (5-year…
Zambia to build ICT hub with Ecobank deal
The Zambian government is committed to building an ICT hub through a partnership with Ecobank.The school will help train other schools across the country to spread intelligence-enabled education and technology…
Nigeria targets digital economic growth with Ericsson’s 5G Innovation Lab
The Nigerian government has partnered with Swedish telecom giant Ericsson to drive 5G technology development, innovation hubs, and digital transformation for economic growth.The collaboration was formalized by the signing of…
Zanzibar to support tech startups with new blockchain
The Zanzibar government has created a blockchain sandbox program where startups can be tested before scaling up.The Zanzibar government said it welcomes all interested startups to join the virtual space.…
Mini-Grid Developers to receive $25m credit from Jeff Bezos, Rockefeller
The Global Energy Alliance for People and Planet (GEAPP), founded by the Bezos Earth Fund, Rockefeller Foundation, and IKEA Foundation, is piloting a solar mini-grid program in Nigeria to address…
Nigeria approves $1.28 billion Seplat-ExxonMobil deal two years on
The Nigerian government has approved Seplat's purchase of ExxonMobil's offshore assets valued at $1.28 billion. The approval was announced by Gbenga Komolafe, CEO of the Nigerian Upstream Petroleum Regulatory Commission…
