Dangote Group Eyes Steel, Power, Ports for Industrial Growth

By Ayomide Otitoju President of Aliko Dangote, the Dangote Group, has announced plans to expand into steel production, electricity generation, and port development, marking a strategic push to accelerate industrialisation across Africa. Dangote, whose conglomerate already spans cement, sugar, salt, fertiliser, and petrochemicals, said his long-term goal is to deepen Africa’s manufacturing base beyond oil…

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Wike Defends Positions, Confident PDP Will Recover

By Ayomide Otitoju The Minister of the Federal Capital Territory, Nyesom Wike, on Monday defended his recent political positions, reaffirmed his commitment to the Peoples Democratic Party (PDP), and expressed confidence that the opposition party would overcome its current challenges. Speaking during a media parley in Abuja, Wike said he would remain guided by his…

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Wike Backs Tinubu, Says PDP ‘Has Not Learnt’

By Ayomide Otitoju Nyesom Wike, Minister of the Federal Capital Territory (FCT), on Monday defended his continued support for President Bola Tinubu, saying his party, the Peoples Democratic Party (PDP), “appeared not to have learnt” from past experiences. Speaking during a media parley in Abuja, Wike said his backing of Tinubu and candidates aligned with…

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Sanwo-Olu Strengthens Ties with CIoD to Boost Governance

By Ayomide Otitoju The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has reaffirmed his administration’s commitment to enhancing corporate governance and leadership capacity through closer collaboration with the Chartered Institute of Directors Nigeria (CIoD). The Governor made the remarks during a courtesy visit by the CIoD Governing Council, led by its President and Chairman, Otunba…

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Sanwo-Olu Congratulates Pastor E.A. Adeboye on 84th Birthday

By Ayomide Otitoju The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has congratulated the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adejare Adeboye, on the occasion of his 84th birthday. In a statement issued on Sunday by his Special Adviser on Media and Publicity, Mr. Gboyega Akosile, Governor Sanwo-Olu described…

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CAR Launches Dûnîa Platform to Fully Digitize Ministry

By Ayomide Otitoju The Central African Republic (CAR) has taken a historic step in modernizing its public administration with the official launch of the Dûnîa digital platform, marking the first time an entire ministry has been fully digitized, both internally and in cooperation with external partners. Developed for the Ministry of Economy, Planning and International…

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Vantage Capital Invests R635m in SolarAfrica’s CESA Buyout

By Ayomide Otitoju Vantage Capital, Africa’s largest mezzanine debt fund manager, has invested R635 million in Commercial Energy South Africa (CESA), a subsidiary of SolarAfrica Energy, alongside co-investor Greenpoint Capital. The transaction includes a mezzanine facility used to acquire Inspired Evolution’s stake in CESA, making SolarAfrica the 100% owner of the subsidiary. Headquartered in Pretoria…

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AfDB Invests €6.5M in Saviu II to Boost African Tech Start-Ups

By Ayomide Otitoju The African Development Bank Group (AfDB) has approved a €6.5 million investment in the Saviu II fund to support technology start-ups during their seed stage and first institutional fundraising, with a focus on French-speaking Central and West Africa. Under the plan, AfDB will commit €4.5 million as equity and €2 million as…

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