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The Vice President for Private Sector, Infrastructure and Industrialisation at the African Development Bank, Solomon Quaynor says it is time to prioritise value chains where Africa is competitive.  

Priotising Africa's value chains

Analysts at Standard Bank Group expect increased tightening and elevating rates to make naira assets more attractive to domestic and foreign portfolio investors.

How CBN’s orthodox policies will impact equities market

The President of the African Development Bank, Akinwumi Adesina says $34.82 billion was secured in investment deals at the close of this year’s African Investment Forum. 

Adesina: $34.8bn investment deals secured at AIF 2023

Nigerian Film Actor, Kate Henshaw says a bigger pool of investment is needed to grow the Nigerian film industry and harness opportunities that abound. 

Financing film projects in Africa

Analysts say the recent drop in value of the naira against the U.S. dollar coupled with high inflation and logistics costs are driving prices in the real estate and construction sector higher. 

Managing impact of FX volatility on real estate sector

Following the recent halt in electricity tariff hike in Nigeria, the government says it will spend about 900 billion naira to subsidise electricity by December. 

Nigeria plans ₦900bn electricity tariff subsidy

President of the African Development Bank, Akunwumi Adesina says over the last 4 years, the African Investment Forum has been able to mobilise over $143 billion in investment interest.

Over $143bn investment interest mobilised under AIF in the last 4 years

The need for Africa to industrialise does not need to depend on the Western world. That’s according to Foluso Phillips, the Chairman of Phillips Consulting.

Harnessing opportunities for Africa’s industrialisation

Nigeria has launched a new grade of crude called Nembe through a joint venture with Aiteo. The first cargoes of Nembe were sold in October, with two 950,000-barrel shipments sold to France and the Netherlands.

Can Nigeria’s Nembe grade crude boost output?

The naira has resumed its fall against the greenback at the parallel market following recent gains recorded this week. 

Can Nigeria stem naira fall?

Data from OPEC’s world oil outlook shows Global oil demand is set to hit 110.2 million barrels a day in 2028 while the largest contributions to the non-OECD oil demand increase are set to come from India, China, Africa and the Middle East. 

OPEC: Global energy demand to rise 23% by 2045

Analysts say an extension of the African Growth and Opportunity Act, AGOA provides several African nations duty-free access to American markets and an incentive to drive the set up of more factories in Africa. 

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