THE pan-Yoruba socio-cultural and political organization, Afenifere, has decried the over 200 per cent electricity tariff increase, saying that it will thwart the current administration’s effort at boosting the economy as businesses will shrink. Afenifere, in a statement issued by…
THE Nigerian government privatized the electricity sector in November 2013. The sector is divided into generation, transmission, and distribution. Generation companies (GenCos) and distribution companies (DisCos) are now private entities. The government still owns the transmission company. Nigeria has several power…
THE Ibadan Electricity Distribution Company has downgraded some Band A feeders to Band E, including the Farm Feeder serving former President Olusegun Obasanjo. Trojan News reports IBEDC, in a list released on Saturday, disclosed that about 28 feeders under the Ibadan…
BOTSWANA, Africa’s leading diamond producer, is pushing back against a recent Group of Seven (G7) mandate that requires all diamonds destined for G7 nations to be certified in Belgium. President Mokgweetsi Masisi denounced the measure as unjust during a diplomatic gathering in…
SENEGAL’S political landscape sees a significant shift as Prime Minister Ousmane Sonko announces the formation of a new government consisting of 25 ministers and five junior ministers, unveiled on Friday following President Bassirou Diomaye Faye’s resounding victory in March’s elections.…
AMERICAN firms are encountering significant hurdles in securing business opportunities and contracts in Kenya due to demands for bribes from top government officials, according to a recent report released by the US trade office. The report underscores concerns that corruption…
IN a recent report by the Office of the US Trade Representative (USTR), Ghana’s customs practices and port infrastructure were identified as significant barriers to trade, presenting challenges for importers and contributing to delays and inefficiencies. The report, National Trade Estimate…
ZIMBABWE unveiled a new currency, ZiG, on Friday in a strategic move to confront the country’s persistent economic challenges marked by currency depreciation and rejection. Reserve Bank of Zimbabwe Governor John Mushayavanhu announced the launch of ZiG, backed by gold reserves and…
ONE of my memorable early experiences in BPE was a political baptism of fire – an encounter that opportunity to cash in on that misfortune. They did something similar in India in the 1990s and it went really wrong but…
THE Lagos State Government recently endorsed a food production agreement with the Niger State Government. The partnership, known as the ‘Produce for Lagos Initiative’, is aimed at ensuring a steady flow of agricultural products to the end consumers. Interestingly, this…
