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PETROTEC BOLSTERS ANGOLA’S FUEL STATION NETWORK

European energy solutions provider Petrotec expands its role in Angola’s downstream oil sector, showcasing advanced mobility solutions at AOG 2025 in Luanda.

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AIR ALGÉRIE LAUNCHES AMBITIOUS GLOBAL EXPANSION TO CONNECT DIASPORA AND BOOST INTERNATIONAL REACH

Air Algérie has aimed to compete on the international stage and also serve as a bridge between Algeria and its global community.

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RWANDA UNVEILS AMBITIOUS RWF3TN GREEN GROWTH STRATEGY TO LURE INVESTORS

Rwanda is positioning itself not only as a green economy pioneer in Africa but also as a magnet for sustainable investment.

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EGYPT AND MOROCCO FORGE STRATEGIC ALLIANCE TO BOOST TRADE AND INVESTMENT OPPORTUNITIES

The forum concluded with a strong message, Egypt and Morocco are not just trading partners they are co-architects of a shared economic future.

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BOTSWANA AND AfDB UNITE TO POWER PRIVATE-SECTOR INDUSTRIAL REVOLUTION

With Vision 2036, Botswana and AfDB are poised to transform bold plans into lasting progress anchored in partnership, powered by the private Sector.

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ZIMBABWE RIDES AVOCADO WAVE TO TOP FIVE IN AFRICA

To that end, industry leaders are eyeing products like avocado oil and guacamole to capture more value and reach premium markets.

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KENYA AND UK LAUNCH COTTON PROCESSING FACILITY IN LAMU TO BOOST INDUSTRY AND JOBS

Kenya-UK partnership builds cotton ginnery in Lamu, aiming to triple output, create 5,000 jobs, and reduce imports.

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MOTRI UNVEILS GAME-CHANGING E-COMMERCE SYSTEM TO REVOLUTIONIZE ETHIOPIA’S TRADE LANDSCAPE

This progress reflects the country’s intensified efforts to enhance trade policies and integrate more deeply with regional and global markets.

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EQUATORIAL GUINEA SECURES CREDIT UPGRADE AMID CALLS FOR DEEPER REFORM

Equatorial Guinea has stunned financial markets by securing a rare investment-grade credit rating of BBB/A2 from Bloomfield Investment Corporation.

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AFDB AND IADB SIGN $3.2 BILLION EXPOSURE EXCHANGE TO BOOST DEVELOPMENT LENDING

AfDB and IADB renew $3.2B risk-sharing deal to enhance capital efficiency and development financing for Africa and Latin America.

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BOOSTING GHANA’S GLOBAL TRADE COMPETITIVENESS: A ROADMAP FOR SUSTAINABLE GROWTH

Ghana path to global trade success - diversify exports, modernize infrastructure, leverage AfCFTA, and embrace tech for sustainable growth and regional leaders.

By Walcott Aganu

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RUSSIA LAUNCHES FIRST DIRECT SEA ROUTE TO WEST AFRICA, TARGETS LAGOS AND BEYOND

Moscow’s pivot to Africa is becoming more strategic, as Russian companies eye opportunities in agriculture, construction, and raw materials.

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ETHIOPIA LEADS AFRICA’S AGRICULTURAL REVOLUTION WITH HOMEGROWN SOLUTIONS

As African nations gear up to meet the ambitious targets of Agenda 2063, Ethiopia’s momentum offers a beacon of hope and a blueprint for transformation.

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BOEING OPENS NEW AFRICAN HUB IN ADDIS ABABA TO BOOST AEROSPACE GROWTH

Boeing opens Addis Ababa office to strengthen Africa’s aviation sector, enhance safety, and drive economic growth.

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TOTALENERGIES ENGAGES COMMUNITIES ACROSS NAMIBIA

The Venus project, which aims to produce up to 150,000 barrels of oil per day in its initial phase, is being developed through a joint venture with Namcor.

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ETHIOPIA AND VIETNAM JOIN HANDS TO POWER A GREEN ECONOMIC FUTURE

With both countries prioritizing innovation, green transition, and digital transformation, the groundwork is being laid for deep collaboration.

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NIGERIA, SOUTH AFRICA STRIKE STRATEGIC MINING ALLIANCE TO SPARK CONTINENTAL INDUSTRIAL GROWTH

The countries will also jointly explore agro and energy minerals within Nigeria.

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MOROCCO SHARES FINANCIAL EXPERTISE TO BUILD MAURITANIA’S FIRST STOCK EXCHANGE

The initiative stems from commitments made during the meeting between King Mohammed VI and President Mohamed Ould El-Ghazouani in December.

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GHANA LAUNCHES BOLD PETROLEUM HUB TO LEAD WEST AFRICA’S ENERGY FUTURE

The current phase features a 300,000-barrel-per-day (bpd) refinery, a 90,000-bpd petrochemical plant, storage tanks, and marine port infrastructure.

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ETHIOPIA AND KENYA SEAL LANDMARK TRADE DEAL TO BOOST BORDER ECONOMY

The discussions focused on easing trade bottlenecks, supporting border economies, and creating sustainable channels for the flow of basic commodities.

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TANZANIAN BILLIONAIRE STRIKES $380M DEAL WITH RUTO TO SHAKE UP EAST AFRICA’S CEMENT INDUSTRY

Nahdi’s venture, redefines regional investment benchmarks and repositions the Amson Group at the forefront of East Africa’s industrial transformation.

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GHANA LAUNCHES WEST AFRICA’S FIRST INTEGRATED PETROLEUM HUB TO BOLSTER REGIONAL ENERGY SECURITY

Ghana begins construction on a landmark petroleum hub aimed at reducing fuel costs, attracting investment, and boosting regional energy capacity.

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NIGERIA MOVES TO DOMINATE AFRICAN TRADE AS FG GAZETTES ECOWAS TARIFF OFFERS UNDER AfCFTA

The tariff concession schedule, which will be implemented over a 10-year period starting from 2021, allows Nigeria a phased approach.

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NIGERIA GAZETTES AFCFTA TARIFF SCHEDULE, REINFORCES AFRICA TRADE INTEGRATION

Nigeria formally submits its ECOWAS tariff offers to AfCFTA, advancing zero-duty trade and unlocking new opportunities for exporters across Africa.

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UGANDA TO BOLSTERS INSOLVENCY LAWS TO WIN GLOBAL INVESTORS – DEPUTY SPEAKER TAYEBWA

Tayebwa said a robust insolvency framework is no longer optional but essential for any country serious about economic transformation.

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NIGERIA SECURES OVER $5 BILLION IN GAS INVESTMENTS

Energy sector reforms and global confidence drive surge in Nigerian gas investments, setting the stage for a strong presence at WGC 2025 in Beijing.

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RAMAPHOSA URGES GLOBAL UNITY TO RESCUE FAIR TRADE AMID GROWING PROTECTIONISM

His call adds to growing voices from the Global South demanding that trade rules serve as tools for shared prosperity, not as instruments of dominance.

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U.S. AND EGYPT SEAL $235 MILLION RAILWAY DEAL TO DRIVE GROWTH AND MODERNIZATION

The agreement is a $185 million contract to modernize 1,000 diesel-electric locomotives, a critical upgrade for Egypt’s national railway system.

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JIM OVIA JOINS GLOBAL ICONS WITH FREEDOM OF THE CITY OF LONDON HONOUR

With this honour, Jim Ovia’s name is now etched among the pantheon of individuals who continue to shape our world.

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LIBYA OPENS OIL SECTOR TO GLOBAL INVESTORS IN HISTORIC ENERGY BID ROUND

The new licensing round, which officially opened on March 3, will operate under a revamped Production Sharing Agreement (PSA) model.

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ETHIOPIA BECOMING A MAGNET FOR NIGERIAN INVESTORS AS ECONOMIC LIBERALIZATION GAINS MOMENTUM

Beyond business, Nigeria and Ethiopia are working to streamline migration and visa policies to facilitate even greater cooperation.

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LIBERIA’S ENERGY FRONTIER IGNITES, NOCAL, TGS NOPEC FORGE POWERFUL PARTNERSHIP FOR NATIONAL TRANSFORMATION

NOCAL and TGS NOPEC have launched initiatives aimed at educating and training Liberian talent both locally and internationally.

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DANGOTE BAGS LEADERSHIP PERSON OF THE YEAR, CALLS FOR PUBLIC-PRIVATE UNITY TO RESCUE NIGERIA’S ECONOMY

Dangote, whose business empire spans cement, oil, sugar, and more, pledged continued commitment to national development on behalf of all award recipients.

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MASTERCARD, PAYTABS PARTNER TO STRENGTHEN DIGITAL PAYMENT SOLUTIONS FOR EGYPTIAN SMES

Strategic alliance aims to boost digital payment adoption and financial inclusion among Egypt's small and medium enterprises.

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KENYA LEVERAGES OIL IMPORT DEAL TO BOOST REGIONAL ENERGY INFLUENCE

Kenya’s continued reliance on this model signals a shift from the former open tender system, where oil importation was handled monthly by bidding companies.

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ETHIOPIA’S HORTICULTURE EXPORTS GENERATE $366M IN EIGHT MONTHS

Flower exports lead Ethiopia’s booming horticulture sector, driving hard currency earnings and job creation as the country surpasses trade targets.

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NIGERIA CHANGES GUARD IN STATE OIL COMPANY LEADERSHIP AMID PUSH FOR SECTOR REFORMS

Nigeria's government pushes for sweeping reforms in its oil industry, focusing on increased efficiency, higher production targets, and greater global investment

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UGANDA MOVES TO LINK NATIONAL ID TO TAX SYSTEM IN SWEEPING REFORMS

This initiative is part of a broader set of tax reforms introduced through four new bills tabled before Parliament.

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BMCE CAPITAL LAUNCHES 'CAP’AI' PROGRAM TO DRIVE AI INNOVATION IN MOROCCO’S FINANCIAL SECTOR

The program seeks to foster collaboration among startups, professionals, and AI enthusiasts to develop cutting-edge AI-driven financial solutions.

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MTN, AIRTEL AFRICA ANNOUNCE NETWORK SHARING INITIATIVES

The initiative will enable network infrastructure sharing, reducing costs and expanding coverage, especially in underserved rural areas.

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NIGERIA’S HYDROPOLIS PROJECT SECURES GLOBAL CERTIFICATION, BOOSTING GREEN ECONOMY

With the ISCC certification in place, the Hydropolis Project is set to become a key driver of industrial decarbonization, green infrastructure, and job creation

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VISA TO ESTABLISH DATA CENTRE IN NIGERIA, STRENGTHENING DIGITAL INFRASTRUCTURE AND ECONOMIC GROWTH

The upcoming data centre forms part of Visa’s long-term investment strategy in Nigeria, which has already exceeded $1 billion.

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BOI LAUNCHES N10 BILLION GLOW FUND TO BOOST WOMEN-LED BUSINESSES IN NIGERIA

This intervention aims to provide critical funding, mentorship, and capacity-building opportunities to female business owners across the country.

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EGYPT MOVES TO BECOME REGIONAL HUB FOR SOLAR PANEL GLASS MANUFACTURING

The planned factory is set to become a major production hub, with most of its output designated for export.

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EGYPT STRENGTHENS EXPORTS WITH NEW CHINESE-LED GARMENT FACTORY IN SCZONE

The project, led by Jiangsu Guotai, a major Chinese textile and garment company, will focus entirely on exports, primarily to European and American markets.

By Victoria Mgbanwa

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ABSA GROUP APPOINTS FORMER STANDARD BANK EXECUTIVE KENNY FIHLA AS CEO

The appointment takes effect from June 17, as Absa aims to drive growth and strengthen its market position across Africa.

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BEYOND ROADS AND RAILS: HOW CHINA-AFRICA COOPERATION IS RESHAPING HEALTHCARE AND EDUCATION

China’s emphasis and shitf to health and education positions it as a strategic ally for Africa

By Walcott Aganu

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ETHIOPIA PRIORITIZES SKILLS DEVELOPMENT TO DRIVE ECONOMIC GROWTH

Ethiopia is sharpening its focus on skills development and technical and vocational education and training (TVET) as a key strategy to modernize its economy.

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US-CONGO MINERAL PARTNERSHIPS COULD BOOST ECONOMIC GROWTH AND STABILITY

Experts believe that a U.S.-Congo partnership could open doors for ethical mining practices, job creation, and economic stability in the country.

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KENAFRIC TARGETS REGIONAL GROWTH WITH STATIONERY EXPANSION AFTER STRATEGIC ACQUISITION

The company also plans to launch new product lines, including eco-friendly packaging and advanced office and school supplies, to meet changing consumer demands.

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AFRICA AND THE CARIBBEAN DEEPEN ECONOMIC TIES WITH TRADE AND INVESTMENT INITIATIVES

The push for greater African-Caribbean integration has been gaining momentum in recent years.

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TANZANIA’S STEEL INDUSTRY BOOSTS ECONOMY, CREATES JOBS AS IMPORTS COME TO AN END

The sector is strengthening Tanzania’s industrial base and positioning the country as a key player in the regional steel market.

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EIB INVESTS $52.48 MILLION IN AFRICA’S CLIMATE-RESILIENT INFRASTRUCTURE FUND

With Africa facing increasing climate threats, the ICRF aims to embed resilience measures into infrastructure projects from design to operation.

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ETHIOPIA AND KENYA STRENGTHEN ECONOMIC TIES TO BOOST TRADE AND INVESTMENT

The long-standing ties between Ethiopia and Kenya, dating back to the early 20th century, have laid a solid foundation for economic collaboration.

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EGYPT AND EU STRENGTHEN FOOD SECURITY PARTNERSHIP WITH €90M FUNDING DEAL

This initiative will help Egypt safeguard against global supply chain disruptions and geopolitical uncertainties that impact food imports.

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JETRO TO STRENGTHEN JAPAN-ETHIOPIA TRADE AND INVESTMENT TIES

JETRO reaffirms its commitment to deepening economic ties between Japan and Ethiopia by facilitating increased Japanese investment in Ethiopia growing Economy

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UK, NIGERIA STRENGTHEN TRADE TIES THROUGH ENHANCED QUALITY STANDARDS

The programme aims to eliminate trade barriers, enhance export competitiveness, and foster economic growth by improving standards, metrology, and accreditation

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RWANDA SEEKS $50 MILLION INVESTMENT TO BOOST SUGAR PRODUCTION AND REDUCE IMPORT DEPENDENCY

Rwanda is strategically investing in its sugar production and processing capabilities to reduce import dependency, create jobs, and drive economic growth.

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ECOWAS BANK AND EUROPEAN INVESTMENT BANK PARTNER TO DRIVE CLEAN ENERGY DEVELOPMENT IN WEST AFRICA

This initiative, backed by the European Union (EU), aims to address the region’s energy deficit, enhance climate resilience, and stimulate economic growth.

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ANGOLA’S SADC FREE TRADE AREA ENTRY TO BOOST REGIONAL ECONOMIC INTEGRATION

This move is expected to stimulate industrial development, enhance cross-border trade, and attract new investment across the region.

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FLUTTERWAVE EXPANDS INTO ZAMBIA, STRENGTHENING AFRICA’S DIGITAL PAYMENT INFRASTRUCTURE

This move reinforces Flutterwave’s mission to simplify digital transactions across the continent and foster financial inclusion.

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NAMIBIA’S OIL POTENTIAL EXPANDS AS MOPANE-3X WELL REVEALS HIGH-QUALITY RESOURCES

With strategic exploration efforts, Namibia’s Orange Basin continues to emerge as one of the most exciting frontiers for energy development.

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NIGER EXPANDS MINING SECTOR WITH NEW COPPER AND LITHIUM PROJECTS

These initiatives aim to diversify the country’s mineral production, create jobs, and boost economic growth.

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CBN GOVERNOR EXPLORES NEW ECONOMIC OPPORTUNITIES WITH SAUDI ARABIA

The CBN and the Kingdom of Saudi Arabia have reaffirmed their commitment to expanding investment and trade partnerships across key sectors.

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NIGERIA SEES ECONOMIC STABILITY AS CENTRAL BANK HOLDS INTEREST RATE

The recent rebasing of Nigeria’s inflation index placed the January rate at 24.48%, a significant adjustment that suggests easing price pressures.

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ETHIOPIA’S ECONOMIC TRANSFORMATION GAINS MOMENTUM WITH UK PARTNERSHIP

Ethiopia continues to gain traction, with the United Kingdom reaffirming its strong support for the country’s reform agenda.

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BII SECURES $40.5M INVESTMENT DEAL WITH JOHNVENTS GROUP TO BOOST NIGERIA’S COCOA INDUSTRY

The partnership aims to boost Nigeria’s cocoa industry by expanding production, increasing exports, and promoting sustainability.

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Shell Service Stations Become Community Hubs for Life-Saving Blood Donations

Vivo Energy Uganda has transformed its Shell service stations into community hubs for blood donation through the ‘Fueling Hope’ initiative.

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Nigeria’s Digital Leadership to Drive Africa’s Economic Transformation Under AfCFTA

Nigeria is poised to lead Africa’s digital revolution, fostering innovation, investment, and job creation.

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EGYPT AND CYPRUS INK GAS EXPORT DEALS, STRENGTHENING EASTERN MEDITERRANEAN ENERGY COOPERATION

The deal is expected to enhance energy cooperation, linking Cypriot gas fields to Egypt’s LNG facilities for European exports.

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South African Business Confidence Remains Strong Amid Economic Optimism

South African business confidence remained robust in January, reflecting sustained optimism about the country’s economic.

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NIGERIA, UAE STRENGTHEN AVIATION TIES WITH AMENDED BASA AGREEMENT

Nigeria and UAE amend BASA to boost air connectivity, expand cooperation, and push for eased visa restrictions, strengthening ties.

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THE PATH TO A STRONGER AFRICAN ECONOMY: TRADE, INVESTMENT, AND INNOVATION

Africa must break trade barriers, modernize infrastructure, embrace digital innovation, and refine policies to achieve sustainable growth.

By Walcott Aganu

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ETHIOPIA'S DEBT RESTRUCTURING NEARS COMPLETION AS IMF BACKS REFORM EFFORTS

Ethiopia’s push to restructure its debt is nearing completion, a development seen as crucial for stabilizing its struggling economy.

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Lagos State Signs MoU with Summa Group for Lekki-Epe International Airport Construction

Sanwo-Olu stated that the Lekki-Epe Airport will enhance travel and open up new opportunities for businesses and residents.

By Walcott Aganu

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South African Rand Strengthens as President Ramaphosa Unveils Bold Economic Reforms

President Cyril Ramaphosa outline new wave of economic reforms aimed at driving growth and revitalizing key state-owned enterprises.

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Dangote Group Achieves Energy Independence, Generates 1,540 MW for Manufacturing Operations

The Dangote Group generates power to support its manufacturing operations across all subsidiaries.

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Egypt Secures $3 Billion LNG Deals with Shell and TotalEnergies

Egypt secures $3B in LNG deals with Shell and TotalEnergies to meet growing energy demand in 2025, stabilizing its market after a drop in domestic gas output.

By Walcott Aganu

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Ex-FirstBank CEO Adeduntan Enters Private Finance Amid Industry Trend

Dr. Adesola announces the launch of Sequoia Financial Services Limited, marking his first major venture since stepping down from FirstBank in April 2024.

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