By Ayomide Otitoju Ghana-based gold mining firm Typhoon Greenfield Development has launched an in-house initiative aimed at empowering artisanal and small-scale miners (ASM) operating near its mining clusters, the company’s CEO, Kwaku Nsiah-Asare, has revealed. In an interview with African Mining Week 2025, Nsiah-Asare said the program seeks to create an association of ASM operators…
By Ayomide Otitoju The global economy is performing better than anticipated despite facing prolonged uncertainty and subdued medium-term growth prospects, according to International Monetary Fund (IMF) Managing Director Kristalina Georgieva. Speaking to reporters in Washington on Wednesday ahead of the IMF and World Bank Annual Meetings, Georgieva said the world economy is doing “better than…
By Ayomide Otitoju Senegal’s President, His Excellency Bassirou Diomaye Faye, has reaffirmed the country’s commitment to economic transformation and regional integration, calling on global investors to tap into the nation’s expanding market under the African Continental Free Trade Area (AfCFTA) framework. Speaking at the opening of Forum Invest in Senegal 2025 (Fii Senegal 2025) in…
By Ayomide Otitoju As global financial pressures tighten on emerging markets, Africa’s trade finance gap—estimated at up to $100 billion annually— is set to take centre stage once again. In response, the African Export-Import Bank (Afreximbank) will host the 25th edition of its flagship Trade Finance Seminar (ATFS2025) in Abidjan, Côte d’Ivoire, from 4 to…
By Ayomide Otitoju Nigeria is in talks with the Export-Import Bank of China for a $2 billion loan to finance the construction of a new “super grid” aimed at addressing the country’s chronic power shortages, the Minister of Power, Adebayo Adelabu, has disclosed. Speaking at an economic summit in Abuja on Monday, Adelabu said the…
By Ayomide Otitoju The Central Bank of Nigeria (CBN) has introduced new restrictions on Point of Sale (POS) transactions, capping daily cash-out limits at N1.2 million for agents and N100,000 for individual customers. The new directive, outlined in a circular signed by Musa Jimoh, Director of the Payments System Policy Department, was addressed to deposit…
By Ayomide Otitoju Ghana’s leading oil and gas marketing company, GOIL PLC, has announced plans to commission an additional 12,000 metric tons of liquefied petroleum gas (LPG) storage capacity within the next year, backed by a $50 million investment aimed at strengthening the country’s energy security and meeting growing domestic demand. Speaking during a panel…
By Ayomide Otitoju The landmark 45th edition of GITEX GLOBAL is set to convene the world’s most advanced artificial intelligence (AI) and technology enterprises from 13–17 October 2025 at the Dubai World Trade Centre, while its co-located startup showcase, Expand North Star, celebrates its 10th anniversary from 12–15 October at Dubai Harbour. As AI capabilities…
By Ayomide Otitoju The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has condemned Senator Adams Oshiomhole, describing him as an “enemy of Nigerian workers” following his recent criticism of the oil workers’ strike over the alleged dismissal of 800 engineers at Dangote Refinery. In a joint statement issued on Monday by its National…
