By Dr. Akinwumi A. Adesina It didn’t take long for Russia’s war in Ukraine to impact Africa. Already grappling with soaring inflation and still recovering from the Covid-19 pandemic, Africa now faces a shortage of at least 30 million metric tons of food—especially wheat, maize and soybean imported from Russia…
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The new Act confirms that Africa is taking control of its own resources and setting the agenda for how they will be deployed The recent passing of Nigeria’s new petroleum act heralds an exciting new chapter for Africa’s energy sector. But it’s complicated. Oil industry players are set to unpack…
The head of the Africa Investment Forum, African Development Bank, Senior Director Chinelo Anohu, has called for stronger strategic partnerships and greater involvement of African sovereign wealth funds to rebuild the continent’s economies following the Covid-19 pandemic. Anohu made the call while giving a keynote address to Brown Capital Management…
While the introduction of the NNPCL promises to be advantageous to the country’s energy industry, realistically speaking, there are certain challenges that need to be promptly and properly addressed for the new NNPCL to function effectively and achieve its objectives Introduction On July 19, 2022, the Nigerian government made an…
By Remigius Nnamdi Ekeh “Where there is love, there is neither prejudice nor war nor strive nor pains nor any evil at all. Love engenders peace and justice; and makes the bond between persons, groups and nations strong. Let us light the flame of love in all the corners of…
The paper outlined that while Ghana and Ivory Coast are both smaller markets than the likes of African heavyweights Egypt, Nigeria, and South Africa, they hold enormous potential A new whitepaper authored by Africon, the German consultancy firm that supports companies worldwide with business expansion in Africa, has outlined key…
Chidimma Uchegbu The Federal Government has been urged to ensure radical improvements in teaching and learning conditions across the country. United Nations (UN) Resident Coordinator in Nigeria, Mr. Mattias Schmale, who made the call in Abuja, Thursday, said there was a need for the country’s decision-makers to prioritize the cost…
In the midst of a global oil-and-gas crisis, Africa must take charge of its own energy destiny, and use its rich resource assets for the benefit of its own people. This is the call from former Nigerian president Olusegun Obasanjo. His comments come as the world scrambles to find new…
Federal agents were able to establish probable cause for the warrant since former President Trump and his lawyers had already turned over some classified documents sought by the National Archives and Records Administration. Agents suspected Trump of unlawfully storing other classified documents from his presidency at Mar-a-Lago, his private club…
A new managing director has been appointed to lead the Central Depository/Settlement Bank, an important entity in the West African Monetary Union’s (WAEMU) financial ecosystem. The appointment was announced at the end of the meeting of the Board of Directors of the bank held on Tuesday, June 7, 2022, at…