Trust Africa News

Vahidi Confirms Eshaghi, Family Killed in Strike

Iran’s Islamic Revolutionary Guard Corps has confirmed the killing of a senior military official, Jamshid Eshaghi, in a joint U.S.-Israeli airstrike, according to a statement issued on Tuesday. In a condolence message, IRGC commander-in-chief Ahmad Vahidi said Eshaghi, who headed budget and financial affairs at Iran’s armed forces general staff, was killed alongside several members…

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Diar Group, Staroot Real Estate Launch Diani Residences Project

By Ayomide Otitoju  The Diar Group, in partnership with Staroot Real Estate, has announced a proposed collaboration to develop Diani Residences by CityBlue, a landmark mixed-use residential and hospitality project in Diani Beach, Kenya. The initiative will be formally unveiled at the Future Hospitality Summit Africa in Nairobi on 1 April 2026. Set on approximately…

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Lagos Governor Calls for Women’s Empowerment to Drive Inclusive Growth

By Ayomide  Otitoju  Lagos State Governor, Mr. Babajide Sanwo-Olu, has reaffirmed his administration’s commitment to strengthening systems that protect women’s rights while expanding opportunities for their economic and social advancement. Speaking on Tuesday at the 2026 International Women’s Day (IWD) celebration organised by the Lagos State Ministry of Women Affairs and Poverty Alleviation at the…

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Coca-Cola to Invest R17.6 Billion in South Africa by 2030

By Ayomide Otitoju  The Coca-Cola system in South Africa—including Coca-Cola, Coca-Cola Beverages South Africa, and Coca-Cola Peninsula Beverages—has announced a planned R17.6 billion investment in the country through 2030. The announcement was made by Luis Felipe Avellar, president of The Coca-Cola Company’s Africa operating unit, at the sixth South Africa Investment Conference (SAIC) in Johannesburg….

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Afreximbank Commits $2.5B to Dangote Refinery Loan 

By Ayomide Otitoju  African Export-Import Bank has committed $2.5 billion to a $4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals, reinforcing support for one of Africa’s largest industrial projects. The bank, alongside Access Bank, acted as co-Mandated Lead Arranger for the five-year facility, which is aimed at refinancing existing debt, optimising…

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JMG Installs KAESER Compressors at Dangote Cement Gboko Plant 

By Ayomide  Otitoju  JMG Industrial has completed the installation of advanced KAESER air compressor technology at the Gboko facility of Dangote Cement in Benue State, enhancing operational efficiency and production reliability. The project followed a detailed system audit and airflow analysis, leading to the deployment of eight high-performance Kaeser rotary lobe blower units designed for…

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Coronation WIN 2026 Advances Women’s Leadership 

By Ayomide Otitoju  Coronation Group has hosted the Coronation Women Initiative Network (WIN) Conference 2026, bringing together over 500 participants in Lagos to promote women’s leadership and sustainable development within the financial services sector. The conference, held as part of activities marking International Women’s Month, convened female professionals from Coronation’s offices in Ghana, Port Harcourt,…

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