Category: African Business
-
Reports that Nigeria has rejected Shell’s $1.3 billion oil asset sale
Nigeria’s oil regulator has rejected Shell’s proposed $1.3 billion sale of its onshore oilfields to Renaissance group because the buyer is not qualified to manage the assets, Lagos-based yesterday newspaper reported on Wednesday. Shell on Jan. 16 announced its exit from Nigeria’s onshore and shallow water operations after agreeing to sell the business to a…
-
Beninese anti-activist Kemi Seba arrested in Paris
Beninese activist Kémi Séba was arrested by French police in Paris, according to news reports. He is known for speaking out against France’s strong influence in French-speaking West African countries. It’s unclear why he travelled to France, and there has been no official comment on his arrest yet. Recently, Séba was appointed as an advisor…
-
Abuja and Brasília Strengthen Cooperation to Combat Cocaine Trafficking
In a bid to enhance economic and diplomatic ties, Nigeria and Brazil are working toward launching a direct air service between the two nations. However, both governments are also preparing measures to address concerns over potential drug trafficking risks associated with this new route. Direct Air Route Raises Concerns The direct flight between Abuja and…
-
Congo cancels licensing round for 27 oil blocks
The Democratic Republic of Congo (DRC) has cancelled a licensing round for 27 oil blocks, originally launched in 2022 to tap into the nation’s oil and gas potential, according to a statement posted on the hydrocarbons ministry’s X account on Monday. The statement dated Oct. 11 cited multiple reasons for the cancellation, including late submissions,…
-
Morocco launches anti-dumping investigation into Egyptian steel imports
The Ministry of Industry and Trade has launched an investigation into steel sheet imports from Egypt amid suspicions of dumping after a complaint from Maghreb Steel regarding a questionable increase in Egyptian imports, which it claims adversely affects the national industry. In a notice published on Thursday, October 10, the department stated that it had…
-
Kenya’s first nuclear power plant faces opposition from coastal residents
An area has been set aside in Kenya’s southern county of Kilifi for the construction of the country’s first nuclear facility. The project on the coast of the Indian Ocean is expected to be fully operational by 2034. But it has faced fierce opposition. On Friday (Oct. 11), a group of activists and environmentalists took…
-
Nigeria, Brazil intensify flight connectivity talks, media report
Discussions started between Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, and the Brazilian Ambassador to Nigeria, Carlos Garcete, to activate the Bilateral Air Services Agreement (BASA) and commence direct flights between Nigeria and Brazil. The talks are a follow-up to a 2018 Memorandum of Understanding between the countries, aimed at boosting air connections…
-
Morocco’s Strategic Preparations for the 2030 FIFA World Cup
Morocco, in collaboration with Spain and Portugal, is set to host the 2030 FIFA World Cup, marking a historic milestone for the nation. Under the coordination of Fouzi Lekjaa—both Minister Delegate for the Budget and President of the Moroccan Football Federation—the Kingdom is taking strategic steps to ensure the event’s success while unlocking substantial economic…
-
Africa’s Growing Drone Market: Innovations and Opportunities Across the Continent
The drone industry in Africa is rapidly evolving, with several companies making significant strides in manufacturing, training, and service delivery. Countries like South Africa, Nigeria, Rwanda, and Ghana are leading the charge, leveraging both military and civilian drone technology to address local challenges and tap into global markets. This article explores the top players in…
-
Nigerian Air Force Chief Visits Italy to Evaluate Leonardo’s Military Aircraft
In a move aimed at enhancing the capacity and operational efficiency of Nigeria’s armed forces, the Chief of the Nigerian Air Force (NAF) embarked on a strategic visit to Italy last week. The high-level delegation, which included top technical officials, traveled to Milan to engage with representatives from Leonardo S.p.A., the renowned global aerospace and…
Recent Posts
- 🇰🇪🇫🇷 Kenya and France are organizing the Africa Forward 2026 summit
- Cannes opens 79th edition with Eye Haïdara at the helm of ceremony
- African Men Exiting Traditional Workforce for Entrepreneurship
- 🇬🇭President Mahama Dedicates Modern Kasoa New Market Amid Economic Revival Push
- 🇿🇦🇰🇪🇳🇬 Top 10: Financial Services Platforms in Africa
Tags
Africa African Union Algeria Burkina Faso China Cryptocurrency DRC ECOWAS Egypt Ethiopia France Ghana Gold Guinea Haiti Immigration Israel Kenya Liberia Libya Mali Military Industries Mining Morocco Niger Nigeria Oil & Gas Industry Pan-Africanism Pan African Nations Presidential Elections Protest Republic of Liberia Russia Senegal Sierra Leone Somalia South Africa Sudan Tanzania Uganda United Nations United States United States of America West Africa Zimbabwe
Comments
Wow wonderful blog layout How long have you been blogging for you make blogging look easy The overall look of…
𝕋𝕙𝕒𝕟𝕜𝕤 𝕗𝕠𝕣 𝕥𝕙𝕖 𝕦𝕡𝕕𝕒𝕥𝕖 .