By Ayomide Otitoju African Energy Week (AEW): Invest in African Energies will return to Cape Town from September 29 to October 3, bringing together more than 7,000 delegates for what is expected to be the event’s largest edition yet. Organised by the African Energy Chamber, the conference takes place at a pivotal moment for the…
By Ayomide Otitoju TotalEnergies has signed four Production Sharing Contracts (PSCs) for exploration blocks in Liberia, marking a major step in the country’s push to unlock its offshore oil and gas potential. The agreements, concluded under Liberia’s 2024 Direct Negotiation Licensing Round, cover Blocks LB-6, LB-11, LB-17 and LB-29 in the southern Liberia Basin. The…
By Ayomide Otitoju The African Development Bank Group (AfDB) has been named the new host of the Secretariat of the Africa Natural Capital Accounting Community of Practice (Africa NCA-CoP), reinforcing its leadership in integrating natural capital into climate-resilient development strategies across the continent. The Secretariat, previously hosted by the World Bank, will now be based…
By Ayomide Otitoju KCB Group and the African Export-Import Bank (Afreximbank) have signed a Memorandum of Understanding (MoU) to provide a combined $800 million in financial and trade facilitation support for investors in the Vipingo Special Economic Zone (SEZ) in Kilifi County. Under the agreement, Afreximbank will extend $500 million while KCB Group will contribute…
By Ayomide Otitoju During the 66th Annual Conference of the Nigerian Economic Society (NES) in Abuja, African economists and development leaders emphasized the urgent need for sweeping governance reforms, enhanced domestic resource mobilization, and innovative partnerships to promote economic transformation in the continent’s transition states. The call to action was made at a high-level Policy…
By Ayomide Otitoju Turan Bank, a prominent entity in Azerbaijan’s banking industry known for its robust international collaborations, has officially signed a financing agreement with the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank (IsDB) Group. The agreement outlines a USD 15 million Line…
By Ayomide Otitoju First Bank of Nigeria Limited has been unveiled as the official bank partner of the 2025 Calabar Entertainment Conference (CEC), a flagship youth engagement platform for the creative sector, organized by Hit FM. Now in its ninth edition, the conference is scheduled to hold on October 17 and 18 at Hogis Royale,…
By Ayomide Otitoju The Africa Development Bank Group (AfDB) and the Ethiopian Capital Market Authority (ECMA) have signed a $400,000 grant agreement to support the establishment of a public disclosure platform and the introduction of new financial products at the Ethiopian Securities Exchange. The grant, provided through the Capital Markets Development Trust Fund (CMDTF), will…
By Ayomide Otitoju The 10th edition of Nigeria Mining Week is set to return to Abuja from October 13 to 15, with new forums and strategic platforms aimed at deepening dialogue, attracting investment, and strengthening Nigeria’s position in the global mining industry. Themed “Nigeria Mining: From Progress to Global Relevance,” the conference will feature discussions…
