Nigerian Tribune Heirs Holdings Group Chairman, Tony O. Elumelu, has urged the Indian private sector to seize the opportunity to invest in Nigeria. He stated this during the Nigeria-India Presidential Roundtable and Conference in New Delhi, India, jointly organised by the High Commission of Nigeria to India, the Confederation of Indian Industry (CII) and the…
Bizcommunity.com South Africa’s current account deficit widened to 2.3% of gross domestic product in the second quarter from a revised 0.9% in the first quarter, central bank data showed on Thursday, 8 September.In rand terms, the current account balance for the April-June period recorded a deficit of R160.7bn ($8.36bn) from a revised R63.7bn deficit in…
Reuters News Nigeria is seeking an economic cooperation pact with India as well as Indian investment in rice farming, Nigeria’s trade minister said in New Delhi on Wednesday.
Nigerian Tribune New United Kingdom (UK)-backed projects worth £49 million have been announced at the inaugural Africa Climate Summit, being hosted by Kenya, alongside the Africa Climate Week that will end on Friday. These projects will focus on mobilising finance for climate action and help people manage the impact of climate change across the continent…
Nigerian Tribune Securities and Exchange Commission (SEC) has said the remarkable growth witnessed in the Nigerian banking industry over the past decade is partly attributable to the capital market and SEC’s comprehensive regulatory approach. Director General of SEC, Mr Lamido Yuguda, said this at the 2023 Chartered Institute of Bankers (CIBN) graduates induction and prize…
Bizcommunity.com Statistician-General Risenga Maluleke says while our sluggish but resilient economy is showing some positive signs of GDP growth, there’s still a lot of market volatility.The economy grew by 2.6% in the second quarter of the year, beating power cuts, high interest rates and a strained rail network to make solid gains for a second…
The East African The International Finance Corporation (IFC) has committed a Ksh7.28 billion ($50 million) equity investment in a Denmark-backed fund referred to as the Emerging Markets Infrastructure Fund II. The funding will go towards transport infrastructure projects, and supply chains to help tackle food insecurity and climate-related issues in Africa and South Asia. The…
The East African President William Ruto and European Commission President Ursula von der Leyen have inked a deal that will see the European Union (EU) provide nearly Ksh1.9 billion ($13 million) in grants for investment in Kenya’s green hydrogen industry. Speaking at the launch of the Green Hydrogen Strategy and Roadmap for Kenya, Ms Leyen…
Africa Business The 7th Edition Connected Banking Summit – East Africa will be held on the 7th of March in Nairobi, Kenya The Connected Banking Series focuses on building future-oriented banking models by accelerating the pace of digital transformation and delivering a delightful customer experience in line with policy and regulations while ensuring the highest standards…
Nigerian Tribune Nigeria is set to play host to 54 African nations and other continental internet governance stakeholder blocs at the 2023 Africa Internet Governance Forum (AfIGF) 2023 in Abuja from September 18 to 21. This year’s event, being the 12th edition of the annual forum, is being hosted by the Nigerian Communications Commission (NCC)…
