“Despite global headwinds, Africa’s trade rebounded strongly in 2024, with trade between African countries growing by 12.4% to reach US$220.3 billion, from a contraction of 5.9% in 2023. This shows the tangible benefits of AfCFTA implementation, even as the continent contends with rising inflation, sovereign debt risks, and a persistent trade finance gap.” Dr. Yemi…
▪︎From left :Mr Kamar Bakrin, Executive Secretary/CEO, NSDC, and Barr. Emeka Obegolu, President of Abuja Chamber of Commerce. The National Sugar Development Council (NSDC) has commenced discussion with the Abuja Chamber of Commerce and Industry (ACCI) to seek potential collaborations that can add value to the Council’s search for serious investments into the sugar subsector….
This modest protection will provide the policy support needed for domestic refineries, such as Dangote Refinery and NNPCL refineries, and emerging modular refineries to thrive, restore Nigeria’s refining capacity, and reduce foreign exchange exposure
Mr Smith Osemeke is the MD/CEO of Unitellas Edge Cloud, one of the top ten cloud services providers in Africa, and currently a member of the National Information Development Technology Agency ( NITDA) Technical Working Group that was selected to review Nigeria’s cloud policy and come up with recommendations that will drive Nigeria’s Sovereign Cloud…
The maiden edition of the Nigeria Auto Industry Summit (NAISU) ended with calls for strategic investments in the production of automotive components and parts to drive the sector’s growth. The summit, held in Lagos, was organised by the Nigeria Auto Journalists Association (NAJA), in conjunction with the National Automotive Design and Development Council (NADDC). During…
The International Finance Corporation (IFC) has called on trade finance institutions the like of Afreximbank, the Development Bank of Nigeria, AfDB, etc, as well as the governments and regulators, to improve women-owned businesses access to finance, especially in Nigeria and the other emerging markets. IFC made the call in its latest country studies results, titled…
During the panel session “Accessing Funding Opportunities for Sustainable Manufacturing,” Ayooluwa Oladimeji, Chief Product and Strategy Officer, emphasised the need for SME operators to form peer partnerships to enhance their funding prospects.
In 2023, over 20 percent of Nescafé’s coffee was sourced from farmers implementing regenerative agriculture practices. This is disclosed by Nestlé’ in its second Nescafé Plan 2030 Progress Report, released on Tuesday. The report also shows the increased adoption of regenerative agriculture practices, contributing to improved farm yield, and reduced greenhouse gas (GHG) emissions. This data is based…
(Industrial Times) BUA Cement Plc has resolved to dedicate about 400 truck load of cement supplies to South West market to address scarcity of the product in that region. AbdulSamad Rabiu, the Chairman of BUA Cement, disclosed this during the company’s 8th Annual General Meeting (AGM) in Abuja, on Thursday. Rabiu said that the company’s…
Brazil joined the IEA Family as an Association country in 2017.
