At the 43rd Annual PMAWCA Conference in Lagos, President Bola Ahmed Tinubu championed African collaboration in harnessing the blue economy. He foresees this as a key to the continent’s wealth.…
Economy
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Nigeria, Africa’s largest economy and biggest oil producer, is facing a looming climate crisis that could cost it $100 billion a year and derail its development, according to a new…
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Japan’s optimism about Nigeria’s economic prospects shines despite the tough business environment. Takashi Oku, the Managing Director for the Japan External Trade Organisation (JETRO), affirmed this at the 2023 Lagos…
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Africa is on the verge of a tech revolution, as a new venture capital fund backed by some of the world’s most successful entrepreneurs aims to support the next generation…
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The African Union (AU) has urged the United States Congress to extend its flagship trade program, the African Growth and Opportunity Act (AGOA), for at least another decade. The AU’s…
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AFEX, a leading African commodities platform, has received a $26.5 million investment from British International Investment (BII), the UK’s development finance institution and impact investor. The partnership aims to boost…
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Nigeria’s first lady, Aisha Tinubu, is set to receive N1.5 billion ($3.9 million) for the purchase of vehicles for her office, according to the 2023 supplementary budget proposal submitted by…
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Africa is home to some of the most creative and innovative social entrepreneurs tackling the continent’s pressing challenges in energy and environment. These young changemakers are not only creating solutions…
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The UK government has announced a £38 million funding package to support artificial intelligence (AI) projects in Africa and other developing regions. The initiative is part of a larger £80…
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Three months after a military coup on July 26, Niger’s economy, one of the globe’s most impoverished, teeters on the brink due to suspended international finance and aid. Following the…