THE Africa Energy Bank, a landmark initiative aimed at funding oil and gas projects across the continent, is set to commence operations by mid-2025, according to an Afreximbank official. The bank is a joint effort between Afreximbank and the African Petroleum…
NIGERIA’S upstream oil regulator has announced that it will deny export permits to oil producers failing to meet local supply obligations, including allocations to Dangote Refinery, the largest refinery in Africa. This move enforces provisions of the Petroleum Industry Act (PIA),…
AT the Investing in Africa Mining Indaba in Cape Town, African leaders and industry experts emphasised the urgent need to process the continent’s minerals locally instead of continuing to export raw resources. The push for local beneficiation comes amid global economic shifts,…
ACCORDING to the latest report by Future Market Insights, Africa’s safari tourism industry is projected to generate $18.01bn in revenue by the end of 2023, with an expected compound annual growth rate (CAGR) of 6.7 percent. This growth trajectory is set to push…
THE newly elected Mahama administration has placed youth employment at the centre of its governance agenda, aiming to address Ghana’s rising unemployment crisis while mitigating the broader threat of economic-driven extremism across West Africa. With the launch of Ghana’s Ministry…
DUDUZILE Zuma-Sambudla, the daughter of former South African president Jacob Zuma, appeared in court in Durban on Thursday, facing charges of inciting violence during the 2021 riots that led to the deaths of more than 300 people. Her lawyer confirmed that she…
THE decision by US President Donald Trump to suspend foreign aid has triggered a humanitarian crisis in Africa, forcing critical health programmes to shut down and leaving millions at risk. The freeze, which includes a 90-day suspension of all USAID-funded programmes, has…
AT least 17 children have died in a devastating fire at an Islamic school in Kauran Namoda, Zamfara state, northern Nigeria. Several other pupils sustained injuries and were rushed to local health centres for treatment, according to BBC Hausa. The…
WHATSAPP, the world’s most widely used instant messaging platform, continues to innovate and refine its user experience. With over two billion users globally, the Meta-owned application has introduced a significant update focused on enhancing voice and video call functionalities, making…
PRESIDENT Bola Tinubu has notified the Senate of an increase in the proposed 2025 budgetary estimates from the N49.7 trillion he presented on Dec. 18, 2024 to N54.2 trillion. The News Agency of Nigeria (NAN) reports that Tinubu announced the…
