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Thursday, November 7, 2024
African Energy Chamber has released its Energy Outlook for 2021, assessing Africa’s competitiveness compared with other frontiers, while highlighting the countless opportunities that continue to emerge and exist across the entire energy value chain. The report explored the forces shaping up continent’s energy market after the historic shocks of 2020,...
African Development Bank has designated representatives from 80 government institutions, civil society organisations and universities for training as experts in developing climate financing proposals. Following a thorough independent selection process, 80 participants were chosen, with approximately 40 from English-speaking countries and 40 from French and Portuguese-speaking countries. The trainees would pass...
Former Minister of Finance, Ngozi Okonjo-Iweala and Nigeria’s nominee for the position of the Director-General of the World Trade Organisation (WTO) is set to emerge winner of the competitive race to the highly coveted head of the international body. Reuters on Wednesday reported that a key group of WTO ambassadors...
A technology approach to solving some of the challenges faced in pension administration has been introduced with the development of I’M Alive, a pensioner verification solution by Chams Plc. The Group Managing Director (GMD) of Chams Plc, Gavin Young, at an interactive session with journalists on Monday, at the firm’s...
African Development Bank (AfDB) has made case for agro-industrialisation projects by seeking support from Nordic country partners towards adding value to the competitive production of commodities such as cocoa, livestock and cotton in order to leverage the African Continental Free Trade Agreement (AfCFTA). Speaking at a webinar held on Thursday...
President Muhammadu Buhari Thursday explained that the recently passed Companies and Allied Matters Act, 2020 (CAMA) in Nigeria will enhance transparency and corporate accountability in the fight against corruption. President Buhari spoke in a video message presented at the Open Government Partnership (OGP) 2020 Virtual Leaders’ Summit on the sidelines...
Prices would trend down soon - Buhari appeals for calm CBN Governor, Emefiele expresses hope, blames fiscal measures Inflation rate in Nigeria has spiralled up to hit 13.22% as the end of August, a record that broke a 29-month moving average. The Consumer Price Index (CPI), which measures prices of...
The US Export-Import Bank has reaffirmed its commitment to the growth of the US-African cooperation by constituting Sub-Saharan Advisory Committee for 2020 and 2021. The committee is composed of pro-investment and pro-business advisors who understand Africa and would be instrumental in growing the US-African cooperation and flows of goods, services...
An Integrated ICT services provider, Internet Solutions Limited, has rebranded and set to operate as Dimension Data from the end of this year in all its operating companies. The company said the rebranding was part of Dimension Data's larger plan to consolidate its businesses, enhance efficiency, and better delivery of...
After spending 16 months reviewing data from various the International Oil Companies (IOCs), Kariya Energy Monday announced its readiness to enter into various definitive agreement to acquire upstream and midstream oil and gas assets in African countries. Kariya Energy would pursue profitable small-scale Liquefied Natural Gas (LNG) projects across Africa,...