Global port operator APM Terminals has pledged a major $600 million investment to expand and modernize Nigeria’s maritime infrastructure, marking one of the country’s largest private-sector port commitments in nearly two decades. The agreement was finalized during high-level discussions between Bola Tinubu and executives of APM Terminals on the sidelines of the Africa CEO Forum […]

The International Finance Corporation (IFC) has signed a $40 million convertible loan agreement with EDF Power Solutions to accelerate the rollout of off-grid solar energy systems across Africa. The agreement, announced by IFC’s Vice President for Africa Ethiopis Tafara, is designed to combine institutional financing with private capital in order to expand electricity access in […]

Nigerian National Petroleum Company Limited has abandoned its long-running state-funded refinery repair strategy after spending more than ₦11 trillion (about $25 billion) on unsuccessful overhauls since 2010. The move comes as Nigeria continues to battle decades of refinery dysfunction, poor maintenance, and operational inefficiencies across its major state-owned facilities. NNPC Group CEO Bayo Ojulari has […]

Burkina Faso has officially designated May 15 as the National Day of Customs and Traditions in a move presented by the government as a major step toward restoring and preserving the nation’s cultural identity under the leadership of Captain Ibrahim Traoré. The decision, announced as part of what supporters describe as a broader “renaissance” movement, […]

A major new economic partnership between France and several African nations was unveiled at the Africa Forward Summit 2026 in Nairobi, where French President Emmanuel Macron and Kenyan President William Ruto announced a massive €23 billion ($27 billion) investment and partnership package aimed at accelerating infrastructure, energy, technology, and industrial development across Africa. The summit […]

French President Emmanuel Macron is facing mounting international criticism following a tense moment at the Africa Forward Summit in Nairobi, where he abruptly interrupted a youth-focused panel discussion to demand silence from the audience. The incident, which quickly spread across social media platforms, has triggered accusations of arrogance, paternalism, and lingering colonial attitudes toward African […]

photo from LinkedIn Scientific and technological breakthroughs in agriculture across Africa continue to face major obstacles due to chronic funding shortages and weak policy support systems, according to academic analyses published by The Conversation. Researchers argue that blaming African scientific institutions for low agricultural productivity often ignores the deeper structural failures within national development systems […]