Tag: Business News

AES bloc pushes resource sovereignty as Niger signs $1bn energy deals with China

Niger has signed energy agreements worth about $1 billion with China as military-led governments within the Alliance of Sahel States intensify efforts to assert...

Dangote raises planned Ethiopia fertiliser project to $4bn in major expansion push

Aliko Dangote has expanded plans for his proposed fertiliser plant in Ethiopia to about $4 billion, significantly increasing the scale of one of Africa’s...

Qatari billionaire family targets African infrastructure with Ethiopia airport and Congo road bids

A prominent Qatari billionaire family is pursuing major infrastructure investments in Africa, including bids linked to a new airport project in Ethiopia and a...

S&P upgrades Nigeria’s outlook as reforms strengthen macroeconomic stability

S&P Global Ratings has upgraded Nigeria’s sovereign credit outlook, citing improvements in the country’s macroeconomic profile following a series of fiscal and monetary reforms....

Egypt secures $1.5bn financing support as Middle East tensions threaten food security

Egypt has signed a $1.5 billion financing agreement with the International Islamic Trade Finance Corporation to strengthen food and energy security as escalating tensions...

Tinubu and Kagame deepen Nigeria-Rwanda partnership on trade and mobility

Bola Ahmed Tinubu and Paul Kagame have moved to strengthen bilateral relations between Nigeria and Rwanda through expanded cooperation on trade, investment, and cross-border...

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