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Swedfund invests $10 million in Moniepoint to boost MSME growth
MSMEs are the backbone of Nigeria’s economy, driving job creation and rural industrialisation, and fostering innovation ...
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Prospect of rally dampens after oil prices tumble
Across major markets, macroeconomic indicators lean towards a demand-cautious scenario.
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AGOA expiry to impact African export diversification - UNCTAD
UN Trade and Development said the recent expiry of the scheme would threaten export diversification and industrialisation across ...
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Africa Finance Corporation closes record $1.5 billion syndicated loan
The transaction’s details showed it attracted a diverse consortium of new and returning lenders to AFC spanning the Middle ...
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New discovery offers hope against devastating groundnut disease
The crop is central to diets, incomes, and trade in Asia and Africa, especially in countries like India, Nigeria, and China, ...
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Verod Capital exits Tangerine Pensions, sells stake to APT Securities
Verod said it has significantly strengthened governance and accelerated the growth of Tangerine APT Pensions, positioning it as ...
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Cassona Global Imaging marks 3rd anniversary
The company has completed two significant installations in Nigeria: a digital X-ray machine in Kano and a 32-slice CT Scanner in ...
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Bank of Agriculture signs $1 billion financing programme
The recent appointment of its new Managing Director and CEO by President Tinubu aimed to be part of the initiatives to transform ...
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WTO agreement on fisheries subsidies enters into force
Adopted by consensus at the WTO's 12th Ministerial Conference in June 2022, the agreement's disciplines prohibit subsidies for ...
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ICRISAT launches 2025–2030 strategy to shape the future of agriculture
Calls for strategic partnerships for a food-secure and sustainable future for over 2 billion people living in the drylands.
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Record $48.3 billion deals signed at Intra-African Trade Fair 2025
Lagos, Nigeria will be the venue of the next IATF in 2027.
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Afreximbank launches new entity to promote trade in value-added goods
The African Trade and Distribution Company to catalyse large scale trade in raw materials, minerals and value-added products ...
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Early-stage, late-stage VC funding show mixed performance in H1 2025
Aurojyoti Bose, Lead Analyst at GlobalData: Investors are strategically reallocating their resources, prioritising quality over ...
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World Bank attracts $13 billion in first bond for 2026 fiscal year
Investors from the Americas accounted for 44% of the orders, Europe/Middle East/Africa (37%), and Asia (19%).
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Sidi Ould Tah assumes office as 9th President of AfDB
Dr. Ould Tah, 60, who hails from the Islamic Republic of Mauritania, was elected on 29 May 2025 with over 76% of shareholder ...
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Aramco signs $11 billion deal for midstream project
Aramco holds a 51% majority stake in JMGC, with the remaining 49% held by investors led by GIP.
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Communities and civil society across Africa protest against TotalEnergies
In South Africa, hundreds marched from Standard Bank’s headquarters to TotalEnergies’ offices in Johannesburg.
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Jobs and livelihoods central to resilience in Africa – ILO
ILO Assistant Director-General, André Bogui, stressed the importance of placing decent work at the centre of resilience ...
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Japan Credit Rating Agency affirms Afreximbank’s A-/Stable rating
The rating agency stated that it expects Afreximbank’s rating to remain stable over the next 12 to 18 months, despite ...
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Adesina calls for rule of law in Africa
He draws a link between judicial independence, sound public finance, and sustainable economic growth.
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AFC backs Itana’s $100 million digital economic zone project
One of Nigeria’s foremost tech investors, Iyinoluwa Aboyeji, General Partner at Future Africa, is an investor in Itana.
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