Japan: We have no deal to accept African immigrants
Thousands of Japanese are faulting the proposed “Africa hometowns” status of their cities, terming the deal a recipe for creating “flood of immigrants” into the Asian nation. Last week, JICA announced the designation of Imabari, Kisarazu, Sanjo and Nagai cities as “Africa hometowns” targeting people...
Africa’s $100B investments boom as oil projects open in Nigeria, Angola and Uganda
Africa is set to add 1.2 million barrels per day of new refining capacity by 2030 – driven by landmark projects across Nigeria, Angola and Uganda. These investments will pave the way for a $100 billion investment window, offering a new phase of growth in...
Cleantech deals top as startups in Africa secure $2Bn in seven months
African startups under cleantech lead in attracting financing with two massive funding deals sealed by Sun King and d.light. FinTech follows in funding volume reported, while African startups with a focus on big data and analytics are equally gaining momentum. Across July, six acquisitions were...
West Africa’s agribusinesses gear up for regional trade
By fostering e-commerce expertise, the International Trade Centre (ITC) is paving the way for West African agribusinesses to thrive beyond borders. ITC’s initiative offers tips on digital marketing, online payments, shipping logistics, and customer service, fostering a collaborative spirit across borders. For many players, poor...
IMF: How Nigeria Can Unleash its Economic Potential
Increasing revenues, establishing an effective budget framework, and scaling up the cash transfer system can all support Nigeria’s progress, states IMF. Country needs stronger and more sustained growth to lift millions of people out of poverty and food insecurity. Over the past two years, Nigeria—Africa’s...
Africa healthcare: Calls grow for self-reliance as foreign aid dries up
Africa healthcare is largely dependent on external aid and imports. Africa imports more than 95% of active pharmaceutical ingredients and 70% of medicines. Nigeria leads the continent in producing healthcare products locally. If the Trump aid cuts have done anything, they have pushed policymakers to...
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