Ghana’s offshore sector gets major boost with new $171 million deal
Noble Corporation has signed a $171 million contract with Tullow Ghana, a subsidiary of UK-based Tullow Oil, to deploy its state-of-the-art Noble Venturer drillship for offshore exploration in Ghana. The…
IMF and Egypt finalise deal to unlock $1.2 Billion
The International Monetary Fund (IMF) has reached a staff-level agreement with Egypt, granting access to $1.2 billion in funding to address the country’s economic challenges. The agreement, which requires approval…
World Bank approves continuation of Nigerian digital identity scheme
The World Bank has approved a two-year extension of Nigeria’s Digital Identity Plan for Development, extending the deadline from December 31, 2024 to December 31, 2026.This follows the Nigerian government’s…
Egypt’s ARECO signs agreement to boost solar energy
A significant collaboration to promote Egypt’s renewable energy was completed on Tuesday with an agreement to establish a solar panel manufacturing facility. The agreement, signed at the headquarters of the…
Airtel Africa launches to return $100 with new share buyback program
Airtel Africa, a leading telecommunications and mobile money services provider, has announced the launch of its second share buyback program, committing to return $100 million to its shareholders.The company made…
Some crypto companies may be disqualified under new requirements – SEC
The Security and Exchange Commission of Nigeria (SEC) has said some crypto exchange platforms may not meet the requirements to operate in Nigeria under the new regulations governing the business.…
Nigerian Stockbrokers present roadmap for a $1 trillion economy
Nigerian stockbrokers have presented a comprehensive roadmap to achieve the federal government’s $1 trillion economy target by leveraging the capital market. The recommendations, articulated at the 28th Annual Conference of…
Djibouti to enhance climate monitoring capacity with new Nanosatellite
Djibouti is looking to enhance its climate monitoring capacity with the launch of its second satellite Nanosatellite.The launch, executed aboard a SpaceX Falcon 9 heavy rocket, was celebrated as a…
Resolve your USSD debt in 6 months – CBN directs banks and telecom providers
The Central Bank of Nigeria and the Nigerian Communications Commission have issued a final directive to Deposit Money Banks and Mobile Network Operators to resolve the protracted N250bn Unstructured Supplementary…
Algeria and Egypt Strengthen Energy Alliance with Qatar
Algeria is reinforcing its energy partnerships with Egypt and Qatar, focusing on exploration, investment, and regional collaboration. Earlier in December, the energy ministers of the three nations convened during the…
