Nigeria’s Minister of Mines and Steel Development, Arc. Olamilekan Adegbite, has refuted reports that the Federal government of Nigeria plans to hand over the Ajaokuta Steel...
The interim government of Guinea has asked international mining companies to submit project proposals and a “precise timetable” for the construction of alumina refineries to the...
Despite the depreciating fortunes of businesses worldwide occasioned by the outbreak of the Coronavirus and the Russia-Ukraine war impacting on economy the world over, Nigerian billionaires,...
In a move to strengthen its local currency – Cedis, and fortify the Ghanaian economy, the Ghanaian government has banned spending and transaction of businesses in foreign...
A high court in Kenya has ordered the immediate freezing of bank accounts where the sum of $48.6 million was deposited on the suspicion that the...
Multinational oil and gas company, Shell Plc has revealed that the volume of crude oil spills caused by sabotage in Nigeria’s oil-rich Delta more than doubled to 3,300 tonnes last year,...
The United Kingdom Minister for Africa, Vicky Ford, on Wednesday revealed that UK based firm, Britain’s Moxico Resources plans to invest $100 million to expand its majority-owned...
To cushion the effects and fallout from the ongoing Russian-Ukraine war, the African Export-Import Bank (Afreximbank) has launched a $4bn credit facility to assist African countries...
Nigeria’s official data source, the National Bureau of Statistics (NBS) has released data (Pdf), which indicated that 24 out of 36 states of the Nigerian Federation got no...
International logistics firm, United Parcel Services, UPS, has entered into a partnership with Jumia to access the e-commerce firm’s delivery infrastructure across many African countries. https://twitter.com/UPS/status/1510980625037205515?s=20&t=LglfUcaJD7mO_1wGEszyNA...