AMID supply challenges and efforts to diversify imports, Africa has emerged a highly strategic investment opportunity for many European countries and companies. The continent’s abundant resource base and untapped opportunities have already begun to attract players from across the bloc,…
THE Federal Government has warned of dire consequences for any individual or groups who attempt to exploit or further cause untold hardship to ordinary Nigerians by disrupting fuel supply and distribution chain. This is coming on the heels of renewed…
VANTAGE Capital (), Africa’s largest mezzanine debt fund manager, announced that in December 2022 it fully exited its investment in Pétro Ivoire, the most established locally-owned distributor of petroleum and gas products in Côte d’Ivoire. The company has a leading…
THE World Bank, on Tuesday, cuts its economic forecast due to a “perilous” close to falling into recession. According to BBC, it expects the world economy to grow by just 1.7 per cent this year – a sharp decrease from…
NIGERIA’s oil production in the month of December 2022 grew by 4.2 per cent month-on-month to 1.23 million barrels per day but remained significantly short of the 1.8 million barrels per day allocated to the country by the Organisation of…
By, THANDISIZWE MGUDLWA Collaborations, partnerships and support of multi-sectors are key in this mission THE Non -Governmental Organisations, which includes Charities, Co-operatives and all other Community Based or so called Non Profit Organisations (NPO) ,…
THE Federal Industrial Research Institute, Oshodi (FIIRO), has trained youths on beans flour production and preservation, to discourage the use of chemicals in beans preservation. The Federal Industrial Research Institute Northwest Zonal Coordinator, Mr Badamasi Mukhtar-Abdulhadi, unveiled the training on…
THE Rivers State Government has received N2bn from the Healthcare Intervention Funds of the Central Bank of Nigeria (CBN). The state’s Executive Council confirmed that the money was N500million short of its earlier approval. A statement signed by the Special…
A US-backed project plans to help invest about $60 million in West Africa’s cashew nut industry as part of a goal to boost local processing. The target was announced by the Prosper Cashew project at an event in Abidjan in Cote d’Ivoire, the…
SOUTH Africa will seek to harness a multibillion dollar cannabis and hemp industry in a bid to create as many 130,000 jobs and lure foreign investment as it grapples with record unemployment. Africa’s most industrialised nation plans to streamline the…
