Apapa Gridlock: Exporters Lose $75bn As Foreign Buyers Cancel
The Federal Government’s effort to diversify Nigeria’s economy through non-oil export sector suffered a major setback recently as exporters lamented...
Month: July 2021
Africa’s Single Currency Realisable, Says AfCFTA Scribe
The Secretary General of the African Continental Free Trade Area (AfCFTA) Secretariat, Mr. Wamkele Mene, has predicted that Africa would...
Will Nigeria Lead The Digital Currency Movement In Africa?
Nigeria’s apex regulatory bank, The Central Bank of Nigeria (CBN), earlier this week hinted at its plans to create a...
Eyes on Africa’s rising debts
Of late, African leaders spotted a defining moment and seized the opportunity to recklessly borrow money with certain confidence guided...
Renewable Energy in Africa: What’s in it for investors?
A new report by Africa Oil Week and Wood Mackenzie has highlighted that the global energy transition will drive divestment...
England’s victory was well fought for against a steely Denmark
Twenty-five year old Fabrice Hakiza Bizimana woke up at the crack of dawn to prepare KDF, a type of mandazi (deep-fried dough) a...
Shelf Drilling – Championing Drilling in Africa
Offshore drilling contractor Shelf Drilling has secured a contract for a jack-up rig for operations offshore Nigeria. Shelf Drilling said...
OPEC raises red flag for Nigeria
WTO, AfDB expressed concern about rising national debts, warning that majority of countries in the continent face a high risk...
Kuwait Has A $700 Billion Life-After-Oil Fund, What Does Nigeria Have?
Nigeria has $2.5 billion in Sovereign Wealth Fund, $33 billion in foreign reserves as of July 2021 and $88 billion in...
Green economy could be a boom for Africa’s copper producers
A recent research note from Goldman Sachs asserts that one particular commodity – found in several Africa countries – could...