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Africa DevelopmentEconomy

2024 World investors week; SEC to hold investment clinic

The Securities and Exchange Commission (SEC) is gearing up to host investor clinics in Lagos, Abuja, and Port Harcourt as part of the 2024 World Investor Week (WIW), scheduled from…

Oluwatobi Adebayo Oluwatobi Adebayo October 7, 2024
Africa DevelopmentEconomyTechnology

CBN to boost forex market transparency with new electronic system

The Central Bank of Nigeria (CBN) is introducing a new Electronic Foreign Exchange Matching System to boost transparency in Nigeria's forex market. The new electronic system is geared towards reshaping…

Oloruntoba Yusuf Oloruntoba Yusuf October 4, 2024
Africa DevelopmentEconomy

Tanzania to join the Lobito Corridor railway project

Tanzania is participating in the Lobito Corridor, a railway project connecting four African countries. US Secretary of State Antony Blinken recently announced.The feasibility study and contract signing for the 780-kilometre…

Christabel Airo Christabel Airo October 4, 2024
Africa DevelopmentEconomy

NGX; Investors lose N187 billion as October opens on a negative note

The Nigerian stock market started the month of October 2024 on a bearish note, as investors suffered a significant loss of N187 billion.This downturn, attributed to profit-taking activities in 32…

Oluwatobi Adebayo Oluwatobi Adebayo October 4, 2024
Africa DevelopmentEconomy

Nigeria targets $10 billion deep-water investment with new tax incentives

The Nigerian government is aiming to attract $5 to $10 billion in new investments for deep-water offshore oil and gas operations through a recently introduced tax relief package. This initiative…

Oluwatobi Adebayo Oluwatobi Adebayo October 4, 2024
Africa DevelopmentEconomyTechnology

Identifying the most popular social media platforms that resonate most with your target audience

Understanding how businesses can conduct market research is crucial for identifying the social media platforms that resonate most with their target audience. social media has become essential for businesses to…

Christabel Airo Christabel Airo October 4, 2024
Africa DevelopmentEconomy

Kenya urges West to ask IMF for corruption probe

Kenya's government, inspired by Western countries, has asked the International Monetary Fund to investigate the crime and bring the crisis under control.Kenya has been struggling with debt that has reached…

Christabel Airo Christabel Airo October 4, 2024
Africa DevelopmentEconomyTechnology

Nigeria to boost AI development with $1.5 million

The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani has announced that the government is preparing to introduce a new initiative valued at $1.5 million. The initiative is…

Oloruntoba Yusuf Oloruntoba Yusuf October 3, 2024
Africa DevelopmentEconomy

IMF to review Juba’s new financing plan from November 15

The International Monetary Fund (IMF) is reviewing the South Sudanese government’s plan to benefit from a new financial aid package ahead of the November 15 compliance deadline, according to the…

Christabel Airo Christabel Airo October 3, 2024
Africa DevelopmentEconomy

Senegal to focus on Aquaculture amid declining fish stocks

Kayar, a coastal town in Senegal, is experiencing a critical shift in its fishing industry as traditional fish stocks dwindle. Fishing is a key part of the national identity in…

Oluwatobi Adebayo Oluwatobi Adebayo October 3, 2024
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Latest News

Afreximbank unveils new $1bn fund to boost film industry
Africa Development Economy May 8, 2025
Ponzi Schemes: How to spot them before It’s too late
Africa Development Economy May 8, 2025
Ghana’s inflation slows for 4th consecutive month, now 21.2%
Africa Development Economy May 7, 2025
DMO opens subscription for new FGN savings bonds with up to 17.173% interest
Africa Development Economy May 7, 2025
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