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REFLECTING ON AFRICA DAY: CELEBRATING PROGRESS AMID CHALLENGES

Africa Day celebrates unity, resilience, and progress while urging reflection on challenges and the continent’s path toward sustainable development.

By Walcott Aganu

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NIGERIA LAUNCHES AFCFTA AIR CORRIDOR, SLASHING EXPORT COSTS BY 75%

Nigeria’s new air corridor opens to Kenya, Uganda, and South Africa cuts export costs by up to 75%, boosting trade under AfCFTA.

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EGYPT RACES TO PLUG ENERGY GAP WITH $3B LNG SPLURGE

The government is negotiating the import of up to 60 liquefied natural gas (LNG) shipments at a potential cost of USD 3 billion to keep its power grid afloat.

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MOZAMBIQUE SETS TO SHINE AS RUBY PRODUCTION GROWS AGAIN IN 2025

MRM alone has generated nearly €1 billion in revenues, with €239.7 million paid to the Mozambican state in royalties and taxes over the past decade.

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EGYPT SECURES $50M BOOST FOR ISLAMIC TRADE THROUGH STRATEGIC ICIEC-AL BARAKA PARTNERSHIP

The $50 is expected to play a vital role in supporting Egypt’s trade diversification efforts and enhancing resilience in the face of global economic challenges.

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