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Nigeria’s economic turnaround: Reforms fuel growth and investor confidence

Staff Writer, Nigerian Tribune Image used for illustrative purpose. Getty Images Two years after Nigeria’s economic reforms have gained traction with macroeconomic stability returning, foreign capital flowing in, and the economy on a steady trajectory to full recovery, the nation has achieved progress many thought was impossible, and more can be accomplished if the momentum is…

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South Africa: Agriculture GDP outperforms after surging 15.8% in Q1 2025

Paul Makube, Bizcommunity.com Image used for illustrative purpose. Getty ImagesGetty Images South Africa’s GDP remained lethargic with an expansion of 0.1% q/q seasonally adjusted (not annualised) but still mildly above market expectations of a contraction. However, agriculture continues to be on the mend following the drought-induced contraction of 8.7% year-on-year in 2024. Agriculture GDP outperformed other…

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AfDB lauds Nigeria’s economic reforms, says results are emerging

Staff Writer, Nigerian Tribune Lagos, Nigeria: the city from the air – Lagos island and Victoria Island separated by Five Cowrie Creek – Eko Atlantic City land reclamation – Lagos Lagoon, Gulf of Guinea, Atlantic Ocean in the backround. Getty Images Image used for illustrative purposeGetty Images The African Development Bank (AfDB) has praised the Nigerian…

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Record rebound in agriculture machinery sales as South Africa’s rains boost crop yields

Paul Makube, Bizcommunity.com kyline of Johnnesburg at sunset from the Carlton Tower. Getty Images. Image for illustrative purpose After a unsteady start to the 2024/25 summer crop season with delayed rains despite the La Niña forecasts, production improved significantly as the season progressed. Excellent rains Although excessive and consequently delaying the onset of harvesting in some…

How floods, explosions, stampedes, struck Nigeria in 2024

Mukhtar Y. Madobi, Nigerian Tribune Residents walk as they leave the flooded areas in Maiduguri, northern Borno state, Nigeria September 15, 2024. REUTERS/Ahmed Kingimi. Image used for illustrative purpose.Reuters AS 2025 begins, it is crucial to reflect on the significant events that shaped Nigeria’s emergency and response sector over the past year. The year 2024 was…

UAE seeks investment deals in Uganda

Bernard Busuulwa The UAE is focusing on increasing foreign direct investment and bilateral trade with Uganda The United Arab Emirates (UAE) is pursuing new business opportunities in Uganda, with at least 20 Dubai-based companies seeking investment deals in manufacturing, real estate, healthcare, technology, oil and gas, textiles and agricultural sectors, despite concerns about the competitiveness…