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BOI LAUNCHES N10 BILLION GLOW FUND TO BOOST WOMEN-LED BUSINESSES IN NIGERIA

This intervention aims to provide critical funding, mentorship, and capacity-building opportunities to female business owners across the country.

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EGYPT MOVES TO BECOME REGIONAL HUB FOR SOLAR PANEL GLASS MANUFACTURING

The planned factory is set to become a major production hub, with most of its output designated for export.

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EGYPT STRENGTHENS EXPORTS WITH NEW CHINESE-LED GARMENT FACTORY IN SCZONE

The project, led by Jiangsu Guotai, a major Chinese textile and garment company, will focus entirely on exports, primarily to European and American markets.

By Victoria Mgbanwa

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ABSA GROUP APPOINTS FORMER STANDARD BANK EXECUTIVE KENNY FIHLA AS CEO

The appointment takes effect from June 17, as Absa aims to drive growth and strengthen its market position across Africa.

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BEYOND ROADS AND RAILS: HOW CHINA-AFRICA COOPERATION IS RESHAPING HEALTHCARE AND EDUCATION

China’s emphasis and shitf to health and education positions it as a strategic ally for Africa

By Walcott Aganu

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ETHIOPIA PRIORITIZES SKILLS DEVELOPMENT TO DRIVE ECONOMIC GROWTH

Ethiopia is sharpening its focus on skills development and technical and vocational education and training (TVET) as a key strategy to modernize its economy.

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US-CONGO MINERAL PARTNERSHIPS COULD BOOST ECONOMIC GROWTH AND STABILITY

Experts believe that a U.S.-Congo partnership could open doors for ethical mining practices, job creation, and economic stability in the country.

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KENAFRIC TARGETS REGIONAL GROWTH WITH STATIONERY EXPANSION AFTER STRATEGIC ACQUISITION

The company also plans to launch new product lines, including eco-friendly packaging and advanced office and school supplies, to meet changing consumer demands.

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AFRICA AND THE CARIBBEAN DEEPEN ECONOMIC TIES WITH TRADE AND INVESTMENT INITIATIVES

The push for greater African-Caribbean integration has been gaining momentum in recent years.

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TANZANIA’S STEEL INDUSTRY BOOSTS ECONOMY, CREATES JOBS AS IMPORTS COME TO AN END

The sector is strengthening Tanzania’s industrial base and positioning the country as a key player in the regional steel market.

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EIB INVESTS $52.48 MILLION IN AFRICA’S CLIMATE-RESILIENT INFRASTRUCTURE FUND

With Africa facing increasing climate threats, the ICRF aims to embed resilience measures into infrastructure projects from design to operation.

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ETHIOPIA AND KENYA STRENGTHEN ECONOMIC TIES TO BOOST TRADE AND INVESTMENT

The long-standing ties between Ethiopia and Kenya, dating back to the early 20th century, have laid a solid foundation for economic collaboration.

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EGYPT AND EU STRENGTHEN FOOD SECURITY PARTNERSHIP WITH €90M FUNDING DEAL

This initiative will help Egypt safeguard against global supply chain disruptions and geopolitical uncertainties that impact food imports.

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JETRO TO STRENGTHEN JAPAN-ETHIOPIA TRADE AND INVESTMENT TIES

JETRO reaffirms its commitment to deepening economic ties between Japan and Ethiopia by facilitating increased Japanese investment in Ethiopia growing Economy

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UK, NIGERIA STRENGTHEN TRADE TIES THROUGH ENHANCED QUALITY STANDARDS

The programme aims to eliminate trade barriers, enhance export competitiveness, and foster economic growth by improving standards, metrology, and accreditation

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RWANDA SEEKS $50 MILLION INVESTMENT TO BOOST SUGAR PRODUCTION AND REDUCE IMPORT DEPENDENCY

Rwanda is strategically investing in its sugar production and processing capabilities to reduce import dependency, create jobs, and drive economic growth.

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ECOWAS BANK AND EUROPEAN INVESTMENT BANK PARTNER TO DRIVE CLEAN ENERGY DEVELOPMENT IN WEST AFRICA

This initiative, backed by the European Union (EU), aims to address the region’s energy deficit, enhance climate resilience, and stimulate economic growth.

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ANGOLA’S SADC FREE TRADE AREA ENTRY TO BOOST REGIONAL ECONOMIC INTEGRATION

This move is expected to stimulate industrial development, enhance cross-border trade, and attract new investment across the region.

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FLUTTERWAVE EXPANDS INTO ZAMBIA, STRENGTHENING AFRICA’S DIGITAL PAYMENT INFRASTRUCTURE

This move reinforces Flutterwave’s mission to simplify digital transactions across the continent and foster financial inclusion.

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NAMIBIA’S OIL POTENTIAL EXPANDS AS MOPANE-3X WELL REVEALS HIGH-QUALITY RESOURCES

With strategic exploration efforts, Namibia’s Orange Basin continues to emerge as one of the most exciting frontiers for energy development.

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NIGER EXPANDS MINING SECTOR WITH NEW COPPER AND LITHIUM PROJECTS

These initiatives aim to diversify the country’s mineral production, create jobs, and boost economic growth.

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CBN GOVERNOR EXPLORES NEW ECONOMIC OPPORTUNITIES WITH SAUDI ARABIA

The CBN and the Kingdom of Saudi Arabia have reaffirmed their commitment to expanding investment and trade partnerships across key sectors.

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NIGERIA SEES ECONOMIC STABILITY AS CENTRAL BANK HOLDS INTEREST RATE

The recent rebasing of Nigeria’s inflation index placed the January rate at 24.48%, a significant adjustment that suggests easing price pressures.

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ETHIOPIA’S ECONOMIC TRANSFORMATION GAINS MOMENTUM WITH UK PARTNERSHIP

Ethiopia continues to gain traction, with the United Kingdom reaffirming its strong support for the country’s reform agenda.

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BII SECURES $40.5M INVESTMENT DEAL WITH JOHNVENTS GROUP TO BOOST NIGERIA’S COCOA INDUSTRY

The partnership aims to boost Nigeria’s cocoa industry by expanding production, increasing exports, and promoting sustainability.

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Shell Service Stations Become Community Hubs for Life-Saving Blood Donations

Vivo Energy Uganda has transformed its Shell service stations into community hubs for blood donation through the ‘Fueling Hope’ initiative.

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Nigeria’s Digital Leadership to Drive Africa’s Economic Transformation Under AfCFTA

Nigeria is poised to lead Africa’s digital revolution, fostering innovation, investment, and job creation.

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EGYPT AND CYPRUS INK GAS EXPORT DEALS, STRENGTHENING EASTERN MEDITERRANEAN ENERGY COOPERATION

The deal is expected to enhance energy cooperation, linking Cypriot gas fields to Egypt’s LNG facilities for European exports.

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South African Business Confidence Remains Strong Amid Economic Optimism

South African business confidence remained robust in January, reflecting sustained optimism about the country’s economic.

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NIGERIA, UAE STRENGTHEN AVIATION TIES WITH AMENDED BASA AGREEMENT

Nigeria and UAE amend BASA to boost air connectivity, expand cooperation, and push for eased visa restrictions, strengthening ties.

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THE PATH TO A STRONGER AFRICAN ECONOMY: TRADE, INVESTMENT, AND INNOVATION

Africa must break trade barriers, modernize infrastructure, embrace digital innovation, and refine policies to achieve sustainable growth.

By Walcott Aganu

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ETHIOPIA'S DEBT RESTRUCTURING NEARS COMPLETION AS IMF BACKS REFORM EFFORTS

Ethiopia’s push to restructure its debt is nearing completion, a development seen as crucial for stabilizing its struggling economy.

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Lagos State Signs MoU with Summa Group for Lekki-Epe International Airport Construction

Sanwo-Olu stated that the Lekki-Epe Airport will enhance travel and open up new opportunities for businesses and residents.

By Walcott Aganu

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South African Rand Strengthens as President Ramaphosa Unveils Bold Economic Reforms

President Cyril Ramaphosa outline new wave of economic reforms aimed at driving growth and revitalizing key state-owned enterprises.

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Dangote Group Achieves Energy Independence, Generates 1,540 MW for Manufacturing Operations

The Dangote Group generates power to support its manufacturing operations across all subsidiaries.

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Egypt Secures $3 Billion LNG Deals with Shell and TotalEnergies

Egypt secures $3B in LNG deals with Shell and TotalEnergies to meet growing energy demand in 2025, stabilizing its market after a drop in domestic gas output.

By Walcott Aganu

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Ex-FirstBank CEO Adeduntan Enters Private Finance Amid Industry Trend

Dr. Adesola announces the launch of Sequoia Financial Services Limited, marking his first major venture since stepping down from FirstBank in April 2024.

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