SMEs in Ghana Clusters Getting Stronger, Competitive –
This can be seen for example in the shea butter clusters in the north of the country, or with linen producers…
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Dangote’s Oil Refinery Tops Europe’s Ten Biggest
1. Dangote Refinery capacity650,000 barrels of installed capacity and 300,000 barrels a day.2. The Netherlands Shell’s Pernis Refinery 246,00bpd capacity and an installed capacity of 404,000bpd, is the biggest in Europe. 3. The BP Rotterdam Refinery in the Netherlands has a capacity of 380,000 bpd. 4 . The GOI Energy ISAB Refinery in Italy was…
How Franchising Kills Mr Bigg’s
Mr Bigg’s had more than 170 outlets in South West Nigeria then, but now more than 95 percent of them are inactive. Some have been leased out, sold or closed down.
Lagos eyes $250 million annual exports earnings from Matori Industrial leather hub
The multi-billion-naira complex in Matori, Mushin, now renamed Senator Oluremi Tinubu Industrial Leather Hub, is designed to reposition Nigeria’s leather industry from a fragmented, informal sector into a formalised, export-ready value chain
MAN Firebacks at NGOs Advocating for SSB Tax Hikes
Nigeria’s per capita consumption of sugar is 7.1kg as at 2023, well below the WHO recommended 9.1kg and the global average of 21.4kg,” said Ajayi-Kadir .
Lawson joins Cadbury Nigeria Board as Non-Executive Director
Cadbury Nigeria Plc has announced the appointment of Ms. Bunmi Lawson as a Non-Executive Director on the Board of Directors of the Company Her appointment takes effect from 1st June 2024. The announcement was contained in a statement by Mr. Adedotun Sulaiman, Chairman, Cadbury Nigeria. The statement said Ms. Lawson’s appointment was ratified by shareholders…
NSDC, NIPC Collaborating To Attract $3bn Investment Into Sugar Industry
▪︎Executive Secretary of NSDC, Mr. Kamar Bakrin The National Sugar Development Council (NSDC), and the Nigeria Investment Promotion Commission (NIPC) are Collaborating to drive in $3 billion investments into the sugar industry, under the National Sugar Masterplan (NSMP) Phase II (2023-2033). This was the outcome of an investment meeting between the Executive Secretary of NSDC,…
BoI, Katsina Earmarks N5bn For Economic Projects
The N5 billion is made up of an N1 billion managed fund and a N4 billion matching fund, where BOI and the Katsina State Government are contributing N2 billion each.
Afreximbank disburses $50bn in Nigeria in 10 years
The Africa Export-Import Bank (Afreximbank) has disbursed $50 billion for the execution of various projects in Nigeria in the last 19 years. The President of the bank, Prof. Benedict Oramah, disclosed this during the recently commissioned Afreximbank Africa Trade Centre, AATC, in Abuja, where he also reaffirmed the Bank’s vision to dismantle trade barriers and…
Steeling Africa Data Center
▪︎Images: Teraco, Wikicommons The majority of Africa’s data is currently stored outside the continent, passing back and forth through underwater cables that connect to Europe through southern France. This outsourcing of Africa’s data infrastructure has been holding back development across the region. From share traders to healthcare professionals to video game players, the 180 milliseconds it…