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BUSINESSJul 3New international land-sea corridor connects China's Xinjiang to AfricaThe intermodal route linking Xinjiang to Africa via the Fangchenggang Port in south China, was officially opened on Thursday.Africanews [en]
BUSINESSJul 3Kenya's forex reserves hit record high of 14 bln USDNAIROBI, July 3 (Xinhua) -- Kenya's foreign exchange reserves rose by 874 million U.S. dollars this week to reach a record high of about 14 billion dollars, the Central Bank of Kenya said in its weekly financial markets update released on Friday.thestar_my · malaysia
BUSINESSJul 3The Nigerian SME Growth Playbook: How Digital Tools Are Turning Ambition into RealityBy Dr Folasade Femi-Lawal, country manager, West Africa, Mastercard Across Africa, micro, small and medium-sized enterprises (MSMEs) are proving remarkably resilient and ambitious, growing and adapting even in a demanding economic climate. Nowhere is that energy more visible than in Nigeria. Home to nearly 40 million MSMEs, according to SMEDAN, these businesses are the backbone […] The post The Nigerian SME Growth Playbook: How Digital Tools Are Turning Ambition into Reality appeared first on Vanguard News.Vanguard Nigeria
BUSINESSJul 3Ghana's inflation rises in June as high fuel prices persistPrices rose to 5.3% in June, up from 3.7% in May, with transport fares, rent, and school fees being the main driversAfricanews [en]
BUSINESSJul 3Woof Studios Africa highlights creator economy at Cannes Lions festivalOne of the sessions wherein the delegation featured was titled “How Africa’s Creators Are Building Culture as Infrastructure. The post Woof Studios Africa highlights creator economy at Cannes Lions festival appeared first on Premium Times Nigeria.Premium Times
BUSINESSJul 3Ethiopia's Coffee Export Earnings Reach Historic U.S.$3 Billion Milestone[ENA] Addis Ababa -- Ethiopia has achieved a historic milestone in its coffee industry, generating a record 3 billion USD in export earnings during the current fiscal year, its highest coffee export revenue on record.allafrica_et · ethiopia
BUSINESSJul 3Can an African Credit Rating Agency overcome investor scepticism?Current credit ratings may disadvantage the continent, but wouldn’t an African agency amount to Africa marking its own homework? The post Can an African Credit Rating Agency overcome investor scepticism? appeared first on Premium Times Nigeria.Premium Times
BUSINESSJul 3Vehicle Import Relief Opens New Road To Affordable Car Ownership For NigeriansIf the reduced import costs are reflected in showroom prices, more Nigerians could find vehicle ownership within reach while dealers benefit from stronger demand and improved confidence across the automotive market. The post Vehicle Import Relief Opens New Road To Affordable Car Ownership For Nigerians appeared first on Channels Television.Channels TV
BUSINESSJul 3Xenophobia: MTN Nigeria belongs to Nigerians, not South Africa alone — ToriolaToriola also defended the Federal Government's approval of telecom tariff adjustments, saying the decision rescued the industry from financial collapse and enabled MTN to increase capital expenditure to about N1 trillion in 2025 to improve network quality. The post Xenophobia: MTN Nigeria belongs to Nigerians, not South Africa alone — Toriola appeared first on Vanguard News.Vanguard Nigeria
BUSINESSJul 3[VIDEO] Nigeria Doesn’t Have High Indebtedness Problem But Low Revenue Problem — World BankIt advised that focus should be on increasing revenue to lead to better outcomes, better jobs, and lower poverty. The post [VIDEO] Nigeria Doesn’t Have High Indebtedness Problem But Low Revenue Problem — World Bank appeared first on Channels Television.Channels TV
BUSINESSJul 3Africa, socioeconomics and investment risks in a geoeconomic realignment contextIn fact, the Nigerian and African agricultural and agro-processing sectors represent massive, untapped potential. The post Africa, socioeconomics and investment risks in a geoeconomic realignment context appeared first on Premium Times Nigeria.Premium Times
BUSINESSJul 3EVs: Afreximbank wants Nigeria, other African countries to stop exporting LithiumBy Emma Ujah President and Chairman of the Board of the African Export-Import Bank (Afreximbank), Dr. George Elombi, has tasked African nations to stop the export of Lithium, the main raw material used in the production of electric vehicle (EV) batteries. Nigeria is a major exporter of Lithium in Africa, though most of the quantity is […] The post EVs: Afreximbank wants Nigeria, other African countries to stop exporting Lithium appeared first on Vanguard News.Vanguard Nigeria
BUSINESSJul 2Nigeria’s oil production: We must do moreNigeria’s slow rebound in crude oil production to around 1.66 million barrels per day is good news, but it should not be treated as a major victory. After years of painful decline caused by oil theft, pipeline attacks, the departure of foreign oil companies and policy confusion, the recovery simply means the Federal Government has […] The post Nigeria’s oil production: We must do more appeared first on Vanguard News.Vanguard Nigeria
BUSINESSJul 2PZ Cussons Nigeria Plc appoints new company secretaryHer experience spans company secretarial practice, corporate and board governance, legal advisory, and regulatory compliance. The post PZ Cussons Nigeria Plc appoints new company secretary appeared first on Premium Times Nigeria.Premium Times
BUSINESSJul 2Why Nigerian bettors are moving beyond simple sign-up bonusesSports betting reaches a wide audience across the country. TGM Research’s Nigeria betting data says 64.9% of respondents prefer online or app-based sports betting, while 83.5% want to bet in real time during games The post Why Nigerian bettors are moving beyond simple sign-up bonuses appeared first on Premium Times Nigeria.Premium Times
BUSINESSJul 2Energy security: Heat waves test Africa's power grids [Business Africa]Across the continent, rising temperatures are driving a surge in demand for cooling and water, pushing already fragile electricity grids to the breaking point. African countries must modernize aging grids while aggressively scaling off-grid solutionsAfricanews [en]
BUSINESSJul 2Why I am “bullish” about Africa: The data tells a different story, By Wale OsofisanRwanda, Mauritius, Morocco, Nigeria, Botswana and Ghana have strengthened regulatory quality and public financial management. Digital governance reforms, such as e-procurement, digital IDs and automated tax systems, are reducing leakages. Tax-to-GDP ratios are rising. Domestic revenue mobilisation is rising in Kenya. For the first time in decades, non oil exports superseded oil exports in Nigeria. […] The post Why I am “bullish” about Africa: The data tells a different story, By Wale Osofisan appeared first on Premium Times Nigeria.Premium Times
BUSINESSJul 2De l’exportation au marché domestique : les mégaprojets africains changent de logicielLes 20 chantiers sélectionnés par Jeune Afrique dessinent la carte d’un continent tourné vers la création de valeur sur place. Le pari est ambitieux et, parfois, encore incertain.Jeune Afrique
BUSINESSJul 1What to Know About Ethiopia’s Debt BreakthroughAddis Ababa’s debt relief process has highlighted divisions in the global financial system.Foreign Policy
BUSINESSJul 1Airtel CEO pushes AI, smart networks as Nigeria’s next growth engine beyond traditional telecomsDinesh Balsingh, the chief executive officer of Airtel Nigeria, has urged Nigerian businesses to move beyond viewing telecommunications as simply read more Airtel CEO pushes AI, smart networks as Nigeria’s next growth engine beyond traditional telecomsbusinessday · nigeria
BUSINESSJul 1Nigeria has moved from economic decline to stability – OyedeleThe Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, yesterday, declared that Nigeria has successfully moved from a period of economic decline and instability to one of macroeconomic stability. The post Nigeria has moved from economic decline to stability – Oyedele appeared first on Vanguard News.Vanguard Nigeria
BUSINESSJul 1Negative narratives hinder Africa’s investment drive – Afreximbank PresidentElombi, who is also Chairman of the Board of Directors of Afreximbank, made the call during a media roundtable in Abuja on Wednesday. The post Negative narratives hinder Africa’s investment drive – Afreximbank President appeared first on Vanguard News.Vanguard Nigeria
BUSINESSJul 1World Bank approves $1.25bn for Nigeria to boost reforms, investment, jobsBy Yinka Kolawole, with agency report The World Bank has approved a fresh $1.25 billion financing package for Nigeria to support ongoing economic reforms, stimulate private investment and accelerate job creation. The funding, approved under the Nigeria Actions for Investment and Jobs Acceleration (NAIJA) programme, forms a key component of the World Bank’s new Country […] The post World Bank approves $1.25bn for Nigeria to boost reforms, investment, jobs appeared first on Vanguard News.Vanguard Nigeria
BUSINESSJul 1Stop exporting lithium, build EV battery industry in Africa – Afreximbank tells African nations— Says bank ready to finance battery production, faults foreign rating agencies, hails Dangote Refinery Emma Ujah, Abuja Bureau Chief The President and Chairman of the Board of the African Export-Import Bank (Afreximbank), Dr. George Elombi, has urged African countries to stop exporting raw lithium and instead develop a thriving electric vehicle (EV) battery manufacturing […] The post Stop exporting lithium, build EV battery industry in Africa – Afreximbank tells African nations appeared first on Vanguard News.Vanguard Nigeria
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