Value of goods exported to Africa down by a quarter
© Hollandse Hoogte / Lex van Lieshout The total value of goods exported from the Netherlands to Africa fell by 24 percent in 2023, year on year. This was mainly
Economic Impacts of Energy Policies in South Africa and Nigeria
While sales of electric vehicles have increased, the automotive industry’s commitment to manufacturing EVs in South Africa (ZA) is still uncertain. Stellantis, already building an automotive manufacturing plant in the…
Nigeria Moves to Boost Trade with South Korea After Export Boom
Nigeria plans to enhance economic ties with South Korea following the export of $2.26 million (N3.4 billion) worth of alloys and unwrought aluminum in Q4 2023, according to the West
Nigeria, Saudi Arabia to boost bilateral relations for trade, agriculture
The Federal Government of Nigeria and the Kingdom of Saudi Arabia have pledged to improve bilateral relations, particularly in agriculture, trade and economic opportunities. This commitment was reaffirmed during a
Nigeria Accedes to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa (FEDA)
The Federal Republic of Nigeria has acceded to the Establishment Agreement for the Fund for Export Development in Africa (FEDA), the development impact investment platform of the African Export-Import Bank
From Nigeria to Zimbabwe: 8 agribusiness opportunities in Africa
A woman carrying baobab fruits. (Supplied to How we made it in Africa by B’Ayoba) We highlight eight promising opportunities in Africa’s agribusiness sector, from tapping into Zimbabwe’s substantial baobab
Nigeria revokes 924 dormant mining titles, seeks new investors
Nigeria has revoked 924 dormant mining titles immediately and invites investors to freely apply for the affected licences which will be offered on a “first come, first served” basis, its
W. Africa Crude-Partial Nigerian June export plans emerge
(Reuters) Most of Nigeria’s May-scheduled cargoes remained unsold on Friday, even as its June export plans emerged in part. * Nigeria was last heard to have at least 35 of
Africa is on the verge of a building boom. Will it be green?
What’s the context? Fast-growing African countries could spearhead a green revolution in construction but investment and materials are still lacking New techniques, materials could green African construction Booming construction expected
Nigeria: African Development Bank signs $75 million loan agreement to boost Indorama’s fertilizer production and export capacity
Representatives of IFC, Indorama and African Development Bank sign the loan agreement for Indorama The African Development Bank has signed a $75 million loan agreement with Nigeria’s Indorama Eleme Fertilizer