nigeria

The Lagos State Government is inviting bids from investors, independent power producers and energy solution companies to submit bids for the establishment of 4000MW gas-fired power plants. 

Lagos calls for bids for 4000mw gas-fired plants 

African leaders have sent congratulatory messages to President-elect Donald Trump on winning the U.S. election. Will Africa be a priority for the second Trump administration? Morris Reid, a Partner at Actum LLC, joins CNBC Africa for this discussion.

What Trump victory means for U.S. - Africa engagement

FBN Holdings plans to reach a capital base of about 750 billion naira by the first quarter of 2025. 

FBNH targets ₦750bn capital base by Q1’25

The British International Investment and Standard Chartered have renewed a 350-million-dollar risk participation agreement to bolster the trade finance needs of SMEs and corporates across Africa and South Asia. 

BII, Standard Chartered renew $350mn risk participation agreement

Ghana’s inflation trend continued for the second consecutive month in October, at 22.1 per cent, after halting a six-month disinflation in September. 

Ghana's October inflation reaches 4-month high at 22.1%

Oluseyi Kumapayi, the Executive Director of African Subsidiaries at Access Bank says there are many opportunities for digitisation in the trade value chain. 

Kumapayi: Access Bank leveraging digitisation to facilitate trade 

Gwen Mwaba, the Managing Director, Trade Finance and Correspondent Banking at Afreximbank says the bank is looking at financing SMEs differently in Africa in a bid to reduce the high rejection rate of businesses seeking financing. 

Mwaba: Afreximbank financing Africa SMEs differently

Fitch Ratings says Nigeria’s positive outlook in its recent ratings action reflects progress in implementing reforms that improve policy coherence and credibility, and reduce economic distortions among others. 

Fitch: Nigeria’s exchange rate, FX market remain volatile

Hilda Baci, Celebrity Chef and Entrepreneur believes African women must be passionate about being financially empowered. 

Baci: Women should be passionate about economic power

Shirley Webber, the Head of Natural Resources and Energy at ABSA believes that the realization of African countries on the need to work together to achieve a successful energy transition is a game-changer. 

Webber: Africa needs to work together on energy transition 

With about 250 million youths in Africa preparing to enter the workforce, experts believe Africa needs to support private sector programs to educate the youths and upskill the continent's workforce. 

How Africa can prepare its workforce for the future?

Ghana’s Finance Minister, Mohammed Amin Adam says that the International Monetary Fund Board is scheduled to meet on the 2nd of December to discuss Ghana’s Third Programme Review. 

NIGERIA