Nigeria’s non-oil exports hits $2.7 billion
Nigeria's non oil export sector has recorded a revenue increase, hitting $2.7 billion in the first half of this year. This is a 6.26% increase from the $2.53 billion recorded…
Morocco’s Green Hydrogen initiative attracts 40 projects proposals
Morocco's Green Hydrogen Initiative has received 40 project proposals, marking a significant step towards sustainable energy. The Moroccan Agency for Sustainable Energy (MASEN) received the applications six months after the…
US set to extend the African railway project through Tanzania
The United States has unveiled plans to extend the 1,744 kilometres Lobito Corridor, a critical transport route that links Angola, The Democratic Republic of Congo (DRC) and Zambia to Tanzania’s…
China and Nigeria pledge to strengthen economic ties
Chinese President Xi Jinping and Nigerian President Bola Tinubu have pledged to deepen their economic ties, signing deals on nuclear energy, media exchanges, and Beijing’s signature $1 trillion infrastructure drive.The…
Kenya eyes funding as it joins Asian Infrastructure Investment Bank
The President of Kenya William Ruto has announced that Kenya has formally joined the Asian Infrastructure Investment Bank (AIIB) as a fully paid member.The deal to join AIIB was signed…
DMO opens two bonds for September, offers up to 18% Interest
The Debt Management Office (DMO) has announced the opening of offers for subscription to two Federal Government of Nigeria (FGN) savings bonds for September 2024. This announcement was made in…
Ghana hikes cocoa farm prices by almost 45%
Ghana's cocoa regulator plans to increase the state-guarantee payment for cocoa farms by almost 45% for the year 2024/25 crop year.The decision to review agricultural prices was taken in a…
Indonesia set to sign $3.5 billion deal with African countries
Indonesia is set to sign a trade deal worth $3.5 billion with African countries at the ongoing Indonesia-Africa Forum in Bali.Vice Foreign Affairs Minister Pahala Mansury said in an interview…
South Africa pushes for balanced trade with China
South Africa is pushing for a better and balanced trade relations with China. This comes as China prepares to pitch its exports to a summit of African leaders in Beijing.South…
Oil prices decline amid demand shortfall
Brent oil prices dropped sharply in Asian trade on Tuesday. This drop follows a demand shortfall in China, the world's biggest importer of crude. The slow demand from China is…
