By Ayomide Otitoju The African Development Bank (AfDB), in partnership with the Government of Angola and the European Union (EU), has launched the $125 million Crescer Project—a major youth employment and entrepreneurship initiative designed to create over 149,000 jobs and strengthen Angola’s economic diversification efforts. The project aims to generate 37,430 direct and 112,290 indirect…
By Ayomide Otitoju The International Finance Corporation (IFC) and its partners have appointed Inspired Evolution as the investment manager for Zafiri, a new decentralized renewable energy (DRE) equity investment vehicle aimed at expanding access to clean electricity and cooking solutions for tens of millions across sub-Saharan Africa. Zafiri plays a central role in Mission 300—a…
By Ayomide Otitoju The West African Development Bank (BOAD) has reached a major milestone with the successful completion of a historic €1 billion bond issuance on the international capital market, featuring a 15-year maturity — the longest euro-denominated benchmark bond ever issued by an African multilateral development bank (MDB). The issuance drew overwhelming investor demand,…
By Ayomide Otitoju CS OILFIELD, a Turkey-based specialty oilfield chemicals and technical services company, has reinforced its commitment to quality, safety, and operational excellence as a Silver Sponsor at the Africa Energy Week (AEW) 2025 held in Cape Town from September 29 to October 3. With a growing presence in eight African countries, including Nigeria,…
By Ayomide Otitoju Sunbeth Global Concepts, a leading commodities sourcing and trading company, will co-convene the upcoming Africa Sustainable Agriculture (ASA) 2025 Summit, bringing its expertise in agribusiness strategy, capacity building, and development partnerships to the event. Speaking on the company’s involvement, Eyitemi Adebowale, Head of Corporate Affairs and Communications at Sunbeth, reaffirmed the firm’s…
By Ayomide Otitoju Former Senate President and Chairman of the 8th National Assembly, Dr. Bukola Saraki, on Tuesday paid a condolence visit to the Senate Minority Leader, Senator Abba Moro, following the tragic death of his son and grandson. During the visit, Saraki expressed deep sorrow over the loss, describing it as “deeply painful,” and…
By Ayomide Otitoju The Royal Iwere Foundation, under the leadership of Their Majesties Ogiame Atuwatse III, the Olu of Warri, and Olori Atuwatse III, has hosted the UN Women Nigeria Representative, Ms. Beatrice Eyong, in a high-level meeting aimed at promoting gender equality and inclusive development. Held in Warri, the engagement focused on deepening collaboration…
By Ayomide Otitoju The Igbo Community in the Federal Capital Territory (FCT), Abuja, has appealed to President Bola Tinubu to heed public calls for the release of the detained leader of the proscribed Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu. In an open letter on Tuesday, the President General of the Igbo Community Association,…
By Ayomide Otitoju Tension erupted at an airport on Tuesday after an airline flight was abruptly delayed due to a dispute between its pilots and management over unpaid salaries, causing panic and confusion among passengers who had already boarded. According to eyewitnesses, the crew informed passengers that the pilots had refused to operate the flight…
