Nigeria is emerging at the center of a renewed trade dynamic with the United States following the reactivation of the GSM-102, a credit guarantee scheme designed to support American agricultural exports.
The program, managed by the U.S. Department of Agriculture, enables financial institutions to mitigate risks associated with export fin...
Published on Apr 25, 2026
Africa’s richest man, Aliko Dangote, has proposed leading the construction of a major oil refinery in Tanzania as part of a wider plan to strengthen energy security across East Africa, according to discussions involving regional leaders.
The project, which is still at a preliminary stage, is being considered by several East African...
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Ghana has directed several major mining companies, including Newmont, AngloGold Ashanti, and Zijin Mining, to transfer parts of their mining operations to locally owned subcontractors by December 2026, as part of a broader policy to increase domestic participation in the gold industry.
According to the directive, surface mining activitie...
Published on Apr 23, 2026
Nigeria has attracted approximately $425 million in investments in 2025 to develop local renewable energy manufacturing capacity, according to industry and government-linked sources, in a move aimed at strengthening its clean energy supply chain and reducing import dependence.
The investments are directed toward the establishment of seve...
Published on Apr 23, 2026
Nigeria has unveiled a set of emergency measures aimed at stabilizing its domestic aviation sector, as local airlines grapple with soaring fuel costs and mounting financial pressure.
Authorities have introduced partial debt relief for struggling carriers, alongside a review of taxes and regulatory charges, in a bid to prevent disruptions...
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Ghana has ordered major mining companies Newmont, AngloGold Ashanti, and Zijin Mining to transfer their mining operations to local contractors by December 2026, according to regulatory documents and sources familiar with the matter.
The directive comes from Ghana’s mining regulator and is part of a broader local content reform intr...
Published on Apr 22, 2026
Nigeria has introduced a revised trade policy that tightens import restrictions on selected goods as part of efforts to strengthen domestic industries and reduce reliance on foreign products, according to official government communications and trade policy documents.
The measures target specific categories including poultry, cement, cert...
Published on Apr 21, 2026
The United States and Côte d’Ivoire have strengthened their commercial partnership following the signing of a major financing agreement worth 330 billion CFA francs aimed at supporting key infrastructure projects across the West African country.
The agreement, signed in Washington between the African Development Bank Group an...
Published on Apr 21, 2026
Nigerian billionaire Aliko Dangote is preparing to transform his massive oil refinery complex into a major producer of industrial chemicals used in everyday consumer goods such as detergents, soaps, and cleaning products, according to Bloomberg reporting.
The planned expansion marks a significant strategic shift for the Dangote Refinery,...
Published on Apr 20, 2026
President Bola Tinubu has signed the 2026 Appropriation Bill into law, approving a total federal expenditure of ₦68.32 trillion, in a move that outlines the government’s fiscal priorities for the year ahead.
The budget allocates ₦4.799 trillion for statutory transfers, ₦15.8 trillion for debt servicing, ₦15.4 trill...
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A high-level delegation from Côte d’Ivoire is traveling to the United States. The Chargé d’Affaires Munir and the team from the U.S. Embassy in Côte d’Ivoire took the opportunity to wish a safe journey to the Presid...
Published on Apr 19, 2026
Two days after their arrival in the Democratic Republic of the Congo, migrants deported from the United States continue to raise questions regarding the legal basis of the agreement and the status of the individu...
Published on Apr 19, 2026
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