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Business Africa

Chevron Nigeria Cuts Gas Flaring by 97% in Landmark Emissions Milestone

Chevron Nigeria Limited (CNL), the local subsidiary of Chevron Corporation, has announced a 97% reduction in routine gas flaring across its operations, marking a...

UNICEF, Kano Govt to Immunize 3.9 Million Children in Major Health Infrastructure Push

UNICEF, in collaboration with the Kano State Government, has announced a large-scale immunization campaign targeting 3.9 million children under five across Kano State, Nigeria....

Shell to Add 12 Million Tons of LNG Capacity by 2030, Including Nigeria Expansion

Shell, the world’s largest liquefied natural gas (LNG) trader, has announced plans to expand its global LNG production capacity by up to 12 million...

Kenya Unveils Cautious 2025/26 Budget One Year After Nationwide Protests

Kenya’s government has presented its 2025/26 national budget amid lingering political sensitivities and economic uncertainty, one year after the controversial 2024 Finance Bill sparked...

Family Office Frontier: Africa’s Next-Gen Wealth Strategy

Across Africa, there is a quiet revolution underway that is transforming the way family wealth is managed, grown, and transferred. The next generation of African wealth creators and inheritors does not accept things the way they are. They dream of family offices—not as vaults, but as sources of...

Africa’s Impact Investor Moment: From ESG to Real-World Change

Where ESG was once the benchmark of socially responsible investing, Africa's rich are now leading a shift towards something more tangible—impact. Unlike ESG screens, which are often checklist exercises, true impact investing places purpose and measurable change at the center of capital strategy.Globally,...

Niger–Benin Border Standoff Deepens as Trade Collapse Hits Regional Economies

The border dispute between Niger and Benin has escalated into a full-blown trade paralysis, dealing a severe blow to both economies and raising alarm...

Aliko Dangote Retires as Chairman of Dangote Sugar Refinery After Two Decades

In a major leadership transition at one of Nigeria’s foremost manufacturing firms, Africa’s richest man, Aliko Dangote, has announced his retirement as Chairman of...

DisCos Fail to Recover ₦202 Billion in Power Bills Within Three Months

Nigeria’s electricity distribution companies (DisCos) are grappling with deepening revenue collection challenges, having failed to recover over ₦202 billion in electricity bills within the...

Firms Increase Investment as Naira Shows Signs of Stability

A wave of cautious optimism is sweeping through Nigeria’s business landscape as the naira maintains a relatively stable exchange rate, prompting companies to ramp...

MultiChoice Nigeria Loses 1.4 Million Subscribers Amid Sustained DStv Price Hikes

MultiChoice Nigeria has seen a steep drop in its subscriber base, losing over 1.4 million customers in the past two years, as consumers increasingly...

Nigeria’s Export Value Hits ₦20.6 Trillion in Q1 2025, Trade Surplus Widens

Nigeria recorded total exports valued at ₦20.598 trillion in the first quarter of 2025, according to data released by the National Bureau of Statistics...
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Popular Articles

Resolute Mining Advances Third African Gold Project in Côte d’Ivoire with 2.2M-Ounce Target

Australia-based miner Resolute Mining has approved the final investment...

DRC Launches First-Ever Gold Refinery With 500–600 kg Monthly Output

The Democratic Republic of Congo has inaugurated its first...

Congo State Gold Trader Targets 15 Tons of Artisanal Bullion in 2026

The state-owned gold trading company in the Democratic Republic...