Business

Afreximbank launches $50,000 create-thon to unlock Africa’s creative economy   The African Export-Import Bank (Afreximbank), in partnership with pan-African technology company Gebeya, has launched the CANEX Create-thon 2026, a continent-wide initiative aimed at accelerating Africa’s creative economy by equipping artists, filmmakers, musicians and game developers with funding, digital tools and technical support. The initiative, unveiled

Perenco to Highlight Africa-Wide Oil, Gas Expansion at AEW 2026 Independent energy company Perenco will showcase its expanding investments across Africa’s upstream oil and gas sector at the African Energy Week (AEW) 2026, underscoring the growing role of indigenous and independent operators in strengthening the continent’s energy security and industrial development. Perenco has confirmed its

From classroom to communities: How “Path to follow” is rebuilding morals and character for national transformation By Bonny Alaneme Nigeria’s greatest asset is its people. But technical knowledge without character and civic responsibility cannot deliver sustainable development. The Path to Follow – Basic Morals and Civic Knowledge Project is a national intervention designed to deliberately

169 Proposals from Nigerian Universities, Polytechnics, Others Target NASENI Research Commercialisation Grant Programme About 169 proposals from Nigerian institutions including universities, polytechnics, and research institutes spread across Nigeria’s six geopolitical zones have entered for the NASENI Research Commercialization Grant Programme (NRCGP). The programme, an initiative of the National Agency for Science and Engineering Infrastructure (NASENI),

Middle East conflict raises electricity cost risks for African nations reliant on imported LNG – IEA   The conflict in the Gulf region and the resulting disruption to liquefied natural gas (LNG) shipments through the Strait of Hormuz are expected to increase electricity costs and heighten energy security concerns for several African countries that depend

Africa Trade Gateway delivers US$5.3-million cross-border trans-action in first energy sector trade in Southern Africa   A US$5.3-million cross-border fuel (gasoil) trade transaction has been successfully completed with support of the Africa Trade Gateway (ATG), African Export-Import Bank’s (Afreximbank’s) flagship digital trade ecosystem, demonstrating the value and efficacy of the Gateway in powering African trade.

Afreximbank approves $200m facility for Shoreline to support Algeria’s energy development   As part of ongoing financial interventions in Algeria since becoming a full member of the Bank in 2022, African Export-Import Bank (Afreximbank) has approved a US$ 200-million global revolving dual tranche facility in favour of Shoreline Power Company Limited (Shoreline) and its co-borrowers,