Nigerian Tribune The National Space Research and Development Agency (NASRDA) has said the valuation of Nigeria’s space industry could be as high as $1 billion. Director-General of the agency, Dr Halilu Shaba, also clarified that it had successfully cultivated the essential resources and expertise needed for the sector to prosper. Shaba said, “The value of…
Nigerian Tribune With the global data centre market set to hit $517.17 billion valuation by 2030, the wave of investment inflow into various countries to claim a good share of the fortune is gaining momentum in Nigeria. According to market reports, the global data centre market valued at $187.35 billion in 2020 will reach $517.17…
Bizcommunity.com The City’s Mayoral Committee Member for Economic Growth, Alderman James Vos, cut the ribbon at the opening of Ivilitex, a new high-tech clothing and textile manufacturing facility in Epping, Cape Town.The garment manufacturer is a division of the Ivili Group, a South African woman-owned company that is aiming to lead the charge towards increasing…
By DavidOchieng Mbewa Morocco will host the 2025 Africa Cup of Nations and the trio of East African nations – Kenya, Uganda and Tanzania – will host the 2027 Africa Cup of Nations. CAF President Patrice Motsepe made the announcement during a meeting of the CAF Executive Committee on Wednesday. Motsepe said he was “immensely…
Nigerian Tribune NIGERIA’S food production system is progressively expanding and analysts predict that widespread biotechnology adoption would hasten the nation’s push toward food security. Stakeholders emphasised that adopting biotechnology goods is not only crucial,but also vital to the food production mechanism in order to meet the country’s population’s food needs, which are predicted to reach…
Reuters News South Africa recorded foreign direct investment inflows of 53.8 billion rand ($2.8 billion) in the second quarter of 2023, up from inflows of 0.5 billion rand in the first quarter, central bank data showed on Thursday. The South African Reserve Bank said in its Quarterly Bulletin that the acquisition of a domestic beverage…
Bizcommunity.com The Department of Forestry, Fisheries and the Environment has given the go-ahead for TotalEnergies to drill offshore for natural gas and oil, after rejecting an appeal from more than a dozen individuals and lobby groups, a document seen by Reuters showed.The appeal to stop TotalEnergies from drilling in Block 5/6/7 off the Cape coast…
Reuters News GENEVA – The World Health Organization (WHO) recommended on Monday the use of a second malaria vaccine to curb the life-threatening disease spread to humans by some mosquitoes. “Almost exactly two years ago, W.H.O. recommended the broad use of the world’s first malaria vaccine called RTS,S,” WHO chief Tedros Adhanom Ghebreyesus told a…
The East African Uganda’s Minister of Finance Matia Kasaija on Tuesday declared a 10 percent interest rate for National Social Security Fund (NSSF) members for the 2022/2023 financial year, arguing that it is consistent with the fund’s commitment made in 2013 to pay savers a real annual return, that is, at least 2 percentage points…
Nigerian Tribune DETERMINED to become the foremost cargo destination in Africa, a team of different professionals led by the Federal Airports Authority of Nigeria (FAAN) has visited the leading air cargo airports in Africa to benchmark their services. Kenya currently leads Africa in air cargo business while Nigeria is number 5. FAAN had earlier set…
