U.S. shifting to ‘investment-led’ strategy in Africa- Senior official

U.S. trade with Africa ‘will be much more focused around a reciprocal relationship, one that addresses the needs on both sides,’ says ambassador Troy Fitrell. Ambassador Troy Fitrell, senior official at the U.S. State Department’s Bureau of African Affairs, said that Washington is “very directly, very intentionally” shifting toward anContinue Reading

Business council celebrates Africa’s business, visionary writers

The Business Council for Africa (BCA), in collaboration with BrandComms and African Business, has announced the shortlist for the third edition of the BCA Business Book of the Year Awards. The annual awards celebrate powerful business narratives that spotlight Africa’s socio-economic transformation. It honours visionary authors and publishers whose worksContinue Reading

African countries showing strong interest in Iranian petrochemical exports – Official

Iran’s annual petrochemical output has now surpassed 100 million tonnes, with projections indicating an expected rise to 131 million tonnes by 2029, according to an official. The official who announced this at the third Iran-Africa cooperation conference, said the rise is expected to be supported by 67 new projects currentlyContinue Reading

Nigeria’s energy transition should lead Africa’s climate future  – APRI boss

By Angela Atabo Dr Olumide Abimbola, Founder, Africa Policy Research Institute (APRI), on Monday said Nigeria should lead the charge for Africa’s climate future through an equitable, homegrown and economically sound energy transition. Abimbola stated this ahead of a workshop organised by APR in partnership with the Federal Ministry ofContinue Reading

Africa Day to hold in China

By Aderonke Ojediran The Inaugural Africa Day celebration, aimed to project a vibrant and authentic image of Africa to a global audience, is billed to hold in China in May.   The Center for China-Africa Discourse Studies made this known on Wednesday in Lagos.   The Communications Director of theContinue Reading

Africa’s contributions crucial in shaping global shipping policies – Oyetola

By Diana Omueza Mr Adegboyega Oyetola, the Minister of Marine and Blue Economy, says Africa’s contributions are crucial in shaping global shipping policies, with 90 per cent of the continent’s trade being seaborne. Oyetola said this on Tuesday in Abuja, during the African Strategic Summit on Shipping Decarbonisation. The two-dayContinue Reading

AfDB, IITA sign additional €5m to boosts agricultural transformation programme in Africa

By Lucy Ogalue The African Development Bank (AfDB) and International Institute of Tropical Agriculture (IITA) have signed a five million Euros agreement to finance the Technologies for African Agricultural Transformation (TAAT) programme Phase 2 programme. Dr Abdul Kamara, the Director-General, Nigeria AfDB Group, who said this at the signing ceremony,Continue Reading

OPEC Chief tasks Africa to unlock 120bn barrels of oil reserves

by Emmanuella Anokam Mr Haitham Al-Ghais, Secretary-General, Organisation of the Petroleum Exporting Countries (OPEC), has tasked Africa to unlock its proven oil reserves of over 120 billion barrels. Al-Ghais stated this in a keynote address titled: “Driving Cross-Continental Investments: Scaling Africa’s Energy Frontier,” at the ongoing Nigeria International Energy SummitContinue Reading