Tag: Business Africa

Nigeria to Launch New Crude Grade Exports in March, Boosting Output

Nigeria will begin exporting a new light sweet crude grade, Cawthorne, in March 2026 as part of efforts to strengthen production capacity and expand...

Google to Build Minnesota Data Center Powered by New Solar, Wind and Battery Storage

Google has unveiled plans to develop a major new data center in Pine Island, Minnesota, alongside a large-scale clean energy package that includes wind,...

Nigeria’s Central Bank Delivers Modest Rate Cut to Restart Easing Cycle

The Central Bank of Nigeria has reduced its benchmark Monetary Policy Rate (MPR) by 50 basis points to 26.5 percent, marking a cautious return...

Turkey Intensifies Africa Engagement With Push Into Oil and Spaceports

Turkey is expanding its strategic and economic footprint across Africa, focusing on energy exploration and aerospace initiatives, according to reporting by Bloomberg.Central to Turkey’s...

Nigeria Opens Negotiations for $5.7 Billion Chinese Investment in Power and Mining

Nigeria has commenced discussions with Chinese investors to secure up to $5.7 billion in strategic funding aimed at developing the country’s power generation, mining,...

Burkina Faso’s 25% Equity Push at Mega Gold Project Proceeds Without Disruption

The government of Burkina Faso is engaged in constructive discussions to increase its stake in the Kiaka gold project to 25 percent, a move...

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