Trust Africa News

Stanbic IBTC Summit Highlights AI, Finance for Climate Action

By Ayomide Otitoju The Stanbic IBTC Holdings Sustainable Finance Summit 2.0, organised in partnership with the Lagos Business School Sustainability Centre (LBSSC), has concluded in Lagos with record participation and groundbreaking discussions on leveraging finance, digital innovation, and artificial intelligence (AI) to tackle climate challenges across Africa. Themed “Financing Resilience: Digital Innovation and AI for…

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Customs, MAN Partner to Boost Trade, Industrial Growth

By Ayomide Otitoju The Nigeria Customs Service (NCS) and the Manufacturers Association of Nigeria (MAN) have agreed to deepen collaboration to enhance trade facilitation and drive industrial growth, following a high-level strategic consultation held in Lagos on September 26. The six-hour engagement, which culminated in a joint communiqué signed by Comptroller-General of Customs Adewale Adeniyi…

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Dangote Refinery Condemns PENGASSAN Strike as Bully Tactics

By Ayomide Otitoju The management of Dangote Petroleum Refinery has condemned the strike declared by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), describing it as “bully and guerrilla tactics” designed to hold Nigerians to ransom. In a strongly worded statement titled “Lawless PENGASSAN: Its Lies and Terror Tactics”, the refinery rejected…

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AfDB Approves $10m Facility to Boost Tanzania’s Trade

By Ayomide Otitoju The Board of Directors has approved a $10 million trade finance transaction guarantee facility for Exim Bank Tanzania Limited to strengthen the country’s private sector and de-risk cross-border trade. The African Development Bank (AfDB) said the facility will provide up to 100 percent guarantees to international confirming banks against non-payment risks, enabling…

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African Fisheries Report Calls for Habitat Restoration, Water Management

By Ayomide Otitoju A new Review of African Inland Fisheries has called for urgent investment in restoring aquatic habitats and integrating fisheries into broader water resource management to safeguard the livelihoods of millions across the continent. The report underscores the sector’s role beyond nutrition, highlighting its contributions to resilience, income diversification, and social cohesion. It…

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