Business

Afreximbank H1 earnings rise 30% to $535m as loans climb to $35.4bn By Eyo Nsima The African Export-Import Bank (Afreximbank) recorded a 30 per cent increase in net income to $534.7 million in the first half of 2026, driven by stronger lending and higher interest income, while asset quality also improved. Net income rose from

Ogun Waterside Backs Dangote Deep Seaport, Pledges Peaceful Investment Climate   Ogun Waterside Local Government has pledged its full support for the proposed Dangote Deep Seaport, describing the project as a transformative investment that will accelerate industrialisation, create employment and reposition the coastal council as a major logistics and maritime hub in Nigeria.   The

Namibia to honour liberation veterans with national awards Tuesday   Namibia will on Tuesday confer National Honours on veterans of the country’s Liberation Struggle, in a major ceremony aimed at recognising those who contributed to the country’s struggle for independence. President Netumbo Nandi-Ndaitwah will confer the honours on August 25 at the Independence Stadium in

Decades after their deaths, Namibia to rebury eight liberation heroes By Eyo Nsima More than four decades after some of them died in prison, on the battlefield or under mysterious circumstances, Namibia will on Monday honour eight heroes of its liberation struggle with a state reburial ceremony at Heroes’ Acre in Windhoek. The programme released

NCC And Its Erroneous Implementation Of Public Service Rules By Steve Opeyemi The Nigerian Communications Commission (NCC), has in recent past sent Directors that have spent 8 years in service packing because a government circular had made it a requirement since Yar’adua came to power. Many organisations have implemented the circular and some have navigated

Mozambique positions gas, power projects to attract investors at AEW 2026   Mozambique is set to showcase its expanding gas and power investment opportunities at African Energy Week (AEW) 2026, with Estêvão Tomás Rafael Pale, Minister of Mineral Resources and Energy, confirmed to represent President Daniel Francisco Chapo at the continental energy gathering. Pale’s participation

AEW 2026 to drive Africa’s shift from Local Content to energy industrialisation   Africa’s oil and gas producers are moving beyond traditional local-content requirements towards a broader industrialisation agenda aimed at building domestic capacity, strengthening supply chains and retaining greater value from the continent’s natural resources. As African countries develop an estimated 125.3 billion barrels

AEW 2026 to deepen US-Africa energy partnerships and mobilise new investment   The US-Africa Energy & Investment Forum at African Energy Week (AEW) 2026 will bring together senior government officials, investors and industry leaders to explore new commercial partnerships between the United States and Africa, with a focus on mobilising capital, transferring technology and developing