Business

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,

Anambra Reclaims Intellectual Heritage as Governor Soludo Unveils Achebe Monument   Governor Chukwuma Charles Soludo, CFR, of Anambra State has issued a stern challenge to the youth, demanding they reject the scourge of cultism and obscene materialism in favor of the intellectual and moral integrity championed by the late literary icon, Professor Chinua Achebe. Speaking

Sterling Bank, StarTimes Target ₦2 Billion in Solar Financing with Nationwide Hub Rollout   In a bid to accelerate Nigeria’s clean energy transition, Sterling Bank and StarTimes Nigeria have launched Sterling Solar Financing Hubs inside StarTimes retail outlets. This initiative embeds on-the-spot solar financing at the point of purchase, with a joint target of reaching

Nigeria Charts Bold Path to Energise Agriculture as FG, REA, ECOWAS Unite on Productive Use of Energy   The Honourable Minister of Power Joseph Tegbe has declared that Rural electrification is no longer about extending wires into communities but about extending opportunity, creating prosperity and enabling enterprise. He stated this while affirming Federal Government’s commitment

Experts Urge Stronger Fish Health Management as Climate Change, Diseases Threaten Fisheries   Fishery experts have called for stronger fish health management, improved biosecurity and climate adaptation measures as rising temperatures, prolonged dry seasons and emerging fish diseases continue to threaten fisheries and aquaculture worldwide. The warning comes as the Institute of Fisheries Management (IFM)

IEA Urges Norway to Fast-Track Critical Minerals Development as Europe Seeks Secure Supply Chains   Norway is well positioned to become one of Europe’s leading suppliers of critical minerals needed for the global clean energy transition, but must accelerate project approvals, increase investment and strengthen policy coordination if it is to fully capitalize on growing

NEPAD Business Group Nigeria to Host Webinar on Resilience, Sustainable Prosperity Amid Global Challenges   NEPAD Business Group Nigeria (NBGN) has concluded plans to host a high-level webinar aimed at equipping businesses, professionals and policymakers with practical strategies for navigating growing global economic uncertainties. The virtual event, scheduled for Tuesday, July 14, 2026, at 10:00

One Street Studios named by Afreximbank and FEDA as Co-General partner of the Pan African Film Fund aiming to mobilise up to US$1 Billion   The Fund represents one of the largest dedicated film investment platforms for Africa’s creative industries and signals a major push to connect African storytelling with global capital markets. Cairo, Egypt,

NCDMB, NUPRC, NMDRA, Others, to Conduct Joint Industry Capacity Audits   The Nigerian Content Development and Monitoring Board (NCDMB), Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), as well as the Nigerian Petroleum Exchange (NIPEX) and the Oil Producers Trade Section (OPTS), comprising all international oil companies, have jointly