Business

Nigerian Economic Summit Focuses on Pathways for Transformation

Nigerian Economic Summit Focuses on Pathways for Transformation. The 29th Nigerian Economic Summit (NES 29) anchored its discussions around ‘Pathways for Sustainable Economic Transformation and...

Nigeria’s oil production soars to 1.35 Million barrels per day

Nigeria's oil production has reached a remarkable milestone, with crude oil output soaring to 1.35 million barrels per day in September 2023. This surge in...

Zambia and DRC unite in multi million-dollar trade project

Zambia and the Democratic Republic of Congo have embarked on a groundbreaking trade project that is set to transform regional connectivity and reshape the...

Tarragon and Microsoft partner to elevate African businesses

Terragon, a leading data and marketing company in Africa, has partnered with Microsoft to elevate African businesses. This partnership aims to provide business owners in...

Kenya implements new trade policies to foster local markets

Kenya has implemented new trade policies aimed at fostering local markets and protecting the interests of maize and wheat farmers. The government has banned the...

Italy and Libya foster economic relations with commercial flights

Italy and Libya have taken a significant step towards fostering economic relations by resuming commercial flights after a long hiatus. After a decade-long break, flight...

TotalEnergies granted drilling approval for offshore South Africa

French multinational integrated energy company, TotalEnergies, has received approval to commence drilling activities in Block 5/6/7, located off the Cape coast of South Africa. This...

TotalEnergies sells 40% stake in offshore Angola for $400 million

TotalEnergies, the global oil and gas supermajor, has announced the completion of the sale of a 40% stake in Block 20, located in the...

Kenyan high court freezes Rai Family Bank account

In a recent development, the Kenyan High Court has taken the decision to freeze a bank account belonging to the Rai Family. This decision comes...

Egypt boosts trade with UAE in $1.4 billion currency swap deal

Egypt and the United Arab Emirates have signed a local-currency swap agreement worth approximately $1.4 billion in an effort to alleviate Egypt's economic crisis. The...

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