Economic Development
Burkina Faso Secures Financing for Largest Power Plant to Address Severe Electricity Shortage
Burkina Faso is poised to take a transformational leap toward energy independence after securing critical financing for what will become the country's largest...
Southwest Philadelphia Celebrates African and Caribbean Heritage at Inaugural Africatown Diaspora Festival
Music, food, and cultural pride transformed a six block stretch of Southwest Philadelphia on Sunday as thousands gathered for what organizers hope will...
Nigeria Gas Production Surges 12 Percent as Reforms Attract Billions in Investment
Nigeria has recorded a significant jump in natural gas production, with daily output reaching 7.63 billion standard cubic feet, up from 6.83 billion...
Nigeria Launches N1.245 Trillion Gombe to Biu Highway Reconstruction Project
Nigeria's Federal Government has officially commenced the reconstruction and dualization of the Gombe to Biu highway, a landmark infrastructure project valued at N1.245...
Nigeria’s Power Crisis Deepens as Generation Plummets Nearly 20 Percent in Single Day
Nigeria's electricity sector delivered fresh disappointment to millions of consumers and businesses on Thursday as power generation plummeted to just 3,527.76 megawatts, representing...
Power Crisis Deepens as Minister Resigns, Raising Questions About Nigeria’s Energy Future
The resignation of Nigeria’s Minister of Power has reignited a long standing debate about the country’s electricity crisis and its implications for economic...
World Bank Commits $8.2bn to Expand Electricity Access Across Sub-Saharan Africa
The World Bank Group has announced a commitment of $8.2 billion to expand electricity access across Sub-Saharan Africa, in a major effort to...
Senate Approves $516 Million Loan for Sokoto–Badagry Super Highway Project
Nigeria’s Senate has approved a $516,333,700 syndicated loan facility to support the construction of the ambitious Sokoto–Badagry Super Highway, a major infrastructure project...
Tuggar Links Insecurity in Nigeria to Land Use Imbalance and Calls for Reform
The immediate past Minister of Foreign Affairs, Yusuf Tuggar, has attributed the rising cases of banditry and insecurity in Bauchi State and other...
BOI, RMRDC Partner to Boost Agro Value Chain and Drive Economic Growth
The Bank of Industry and the Raw Materials Research and Development Council have entered into a strategic partnership aimed at strengthening Nigeria’s agricultural...
