Tag: Business News

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...

Morocco plans $2bn budget boost to cushion economy from Middle East tensions

Morocco is preparing to inject an additional $2 billion into its national budget to help soften the economic impact of escalating conflict in the...

LASG awards ₦900m in grants to researchers and startups to drive innovation

Lagos State Government has awarded more than ₦900 million in grants to 155 researchers and startups as part of efforts to strengthen innovation, scientific...

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