FDI: President Tinubu’s Visit To  India Fetches $14bn New Investments Promise From Indorama, 3 Others

FOUR existing and new Indian companies have pledged to invest about 14 billion US dollars in Nigeria The investments will go into fertilizer, steel, power, and telecoms. The companies promising these investments are : Indorama Petrochemical Limited; Jindal Steel and Power Limited; SkipperSeil Limited , and Bharti Enterprises. Here’s the breakdown of the investments promised…

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Africa has 5 mineral resources needed for clean energy, electric vehicles

A report by the United Nations Conference on Trade and Development (UNCTAD), titled ‘The Economic Development in Africa Report 2023,’ shows that Africa has an abundance of metals needed for electric vehicles and for clean energy.” Africa possesses vast reserves of critical minerals, including aluminum, cobalt, and copper, required for high-tech and green products like…

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