Germany Pledges €10M to African Trust Fund
German Finance Minister Christian Lindner announced today a €10 million contribution to a World Bank-administered
Business and Economy
South Africa Hosts G20 Finance Meeting
South Africa welcomed G20 finance ministers to Durban today, marking a key milestone as the
Lagos Drives 30% National GDP, Seeks South African Investment
Lagos State contributes over 30% of Nigeria’s Gross Domestic Product and accounts for 60% of
Ethiopia’s Economic Reforms Face Donor Support Decline
Ethiopia’s ambitious economic reform program under a $3.4 billion International Monetary Fund agreement confronts mounting
Petroleum Industry Act Generates $16B Investment, ₦50.8T Revenue
Nigeria’s Petroleum Industry Act has attracted over $16 billion in investment commitments and generated ₦50.8
NNPC Commits $3.5B Gas Investment in Akwa Ibom
Nigerian National Petroleum Company Limited has announced a transformative $3.5 billion investment program to develop
Nigeria’s Mining Reforms Spark Continental Investment Interest
Nigeria’s transformative mining sector policies have generated over $800 million in new investments during 2024,
Stanbic IBTC Secures $125M China Development Bank Loan
Stanbic IBTC Bank has successfully negotiated a three-year CNY800 million ($125 million equivalent) term loan
Sub-Saharan Investment Banking Earnings Hit 13-Year Low
Investment banking revenues across Sub-Saharan Africa plummeted to $169.3 million in the first half of
Nigeria Targets Fish Import Ban, Boosts Production
Nigeria’s headline inflation rate decreased to 22.22% in June 2025, marking the second consecutive monthly