Tag: Business News

Nigeria Signs Deal with South Korea to Launch Africa’s First Electric Vehicle Factory

Nigeria has signed a memorandum of understanding (MoU) with South Korea’s Asia Economic Development Committee (AEDC) to establish Africa’s first electric vehicle (EV) manufacturing...

Burkina Faso Hits Record 94 Tonnes of Gold Output as Mining Reforms Gain Traction

Burkina Faso achieved a record 94 tonnes of gold production in 2025, marking the highest annual output in the country’s history. The surge reflects...

US Treasury Has Not Pledged Funds to AfDB’s 2025 ADF Financing Round, Spokesman Says

The U.S. Treasury Department has not pledged funding to the African Development Bank’s (AfDB) 2025 African Development Fund (ADF) replenishment round, a Treasury spokesman...

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