Aberdeen: The African Energy Chamber (AEC), the leading voice of Africa’s energy industry, has announced its continued support for the West African Energy Summit (WAES), set to take place on November 18-19, 2025, in Aberdeen, Scotland. NJ Ayuk, Executive Chairman of the AEC, is scheduled to visit Aberdeen on July 11 to deliver a keynote […]
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The European Union Accelerates Mining Investments Across Africa in H1 2025**
Cape Town: The EU has increased financial and technical support for Africa’s mining sector in the first half of 2025, aligning its foreign investment strategy with the continent’s agenda to shape the global energy transition. In June this year, the EU named four Africa-based projects as part of its 13 globally strategic initiatives under the […]
Africa Loses Billions Annually Due to Medical Tourism, Afreximbank Reports
Abuja: Nigeria and other African countries are losing substantial financial resources annually to medical tourism, according to the African Export-Import Bank (Afreximbank). Speaking at the 32nd Afreximbank Annual Meetings (AAM2025) in Abuja, Afreximbank’s Export Development Managing Director, Mrs. Oluranti Doherty, highlighted the significant economic impact of this trend on the continent. According to News Agency […]
Tinubu Brokers Peace Between Wike and Fubara in High-Stakes Meeting
Abuja: President Bola Tinubu, on Thursday night, hosted a high-stakes reconciliation meeting between suspended Rivers Governor Siminalayi Fubara and FCT Minister Nyesom Wike. The closed-door meeting, held at the State House in Abuja, included Rivers Assembly Speaker Martins Amaewhule, lawmakers, and key political stakeholders. According to News Agency of Nigeria, this latest peace meeting is […]
Africa’s Growth Rate Reaches 3.2% in 2024, Afreximbank Report Reveals
Abuja: Africa recorded a growth rate of 3.2 per cent in 2024, in spite of the challenging global environment, says Afreximbank Research Report. Dr Yemi Kale, Group Chief Economist, Afreximbank, disclosed this while presenting the 2025 African Trade and Economic Outlook (ATEO) Report at the Afreximbank 32 Annual Meetings (AAM2025) in Abuja on Wednesday. According […]