Tag: Business News

World Economic Forum to Resume Africa Meetings in April 2027

The World Economic Forum (WEF) has announced plans to revive its Africa Meetings in April 2027, restoring a flagship regional forum that has been...

Nigeria’s Non-Oil Trade Reaches Record $6.1 Billion

Nigeria’s non-oil trade reached a historic high of $6.1 billion in 2025, marking the strongest performance ever recorded for the sector, as the country...

Kenya Launches IPO of State Oil Pipeline Firm, Targeting $825 Million

Kenya has launched the initial public offering of its state-owned Kenya Pipeline Company, seeking to raise about 106.3 billion shillings, or roughly $825 million,...

Dangote Signs $350 Million Deal With Indian Firm EIL to Expand Lagos Refinery

Nigeria’s Dangote Group has inked a $350 million contract with India’s state-owned Engineers India Ltd (EIL) to drive the next phase of expansion at the...

Saudi Arabia Launches Gold Market in Africa, Challenging Dubai’s Longstanding Dominance

Saudi Arabia has established a new gold trading market in Africa, signaling its ambition to become a major hub for the continent’s bullion trade...

Nigeria Emerges as Top Belt and Road Beneficiary With China-Backed $24.6 Billion GRIP Megaproject

Nigeria has emerged as the largest beneficiary of China’s Belt and Road Initiative in 2025, driven by a $24.6 billion construction commitment tied to...

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