The awards celebrate Africa’s most innovative and transformative financial deals, highlighting exemplary execution, effective mobilization of new liquidity pools, and innovative deal structuring Two African Development Bank Group supported projects have garnered top honours at the 2025 Bonds, Loans &…
UN Envoy Urges International Support for West Africa and the Sahel
In a briefing to the Security Council on Thursday, the UN Special Representative for West Africa and the Sahel painted a mixed picture of the region, which is facing a growing terrorist threat but also political progress and encouraging initiatives. …
NNPCL Welcomes New GCEO, Appreciates Outgoing Leadership
The management and staff of NNPC Ltd. have welcomed the appointment of Mr. Bayo Ojulari as the new Group Chief Executive Officer (GCEO) and the newly constituted Board of Directors by President Bola Ahmed Tinubu. In a statement released earlier…
Kyari Out, Ojulari In, As President Tinubu Restructures NNPCL Board, Appoints New Chairman, Group CEO
…New board to boost crude refining to 200,000 barrels by 2027, 500,000 by 2030, with investments of $30B and $60B, respectively. Nigeria’s President Bola Tinubu has removed Mele Kolo Kyari as Group CEO of national oil company, NNPC Limited, and…
UN-backed forum seeks to boost resilience of world’s Least Developed Countries
Policymakers, researchers, the private sector and other stakeholders are meeting in Zambia’s capital, Lusaka, over the next three days to chart a path toward sustainable development and resilience for the world’s Least Developed Countries (LDCs). The third edition of the…
Africa Energy Bank Gains Momentum with Capital Contributions from Nigeria, Angola and Ghana
Nigeria, Angola and Ghana have contributed their capital shares to the Africa Energy Bank, reinforcing its role in advancing energy finance, with key discussions set to take place at African Energy Week 2025: Invest in African Energies in Cape Town…
Russia’s Energy Push in Africa: What It Means for the Continent’s Future
Russia has increasingly focused on bolstering its energy partnerships with African nations, signaling a broader strategy to boost its geopolitical influence across the continent. Recent investments in Africa’s oil, gas and nuclear sectors reflect Russia’s ambitions to diversify its global…
The U.S.-Africa Energy Forum (USAEF) Partners with Welligence to Empower United States (U.S.) Investors in Africa’s Energy Landscape
The partnership will provide U.S. investors with expert insights and access to high-growth energy projects across Africa, facilitating better decision-making and high-value engagement at the U.S.-Africa Energy Forum in Houston this August The U.S.-Africa Energy Forum (USAEF) is proud to…
AfDB Approves $19.85M Grant for Emergency Aid to Most Vulnerable in Sudan’s Conflict Areas
This Bank crisis response operation, implemented in collaboration with the ICRC, goes beyond short-term humanitarian interventions to invest in long-term resilience and sustainable development The Board of Directors of the African Development Bank Group has approved a $19.85 million grant…
Oando PLC Joins Afreximbank’s AfrexInsure Portfolio
AfrexInsure, the wholly-owned Specialty Insurance Subsidiary of African Export-Import Bank (“Afreximbank”) has announced its onboarding of Oando PLC as one of its strategic clients, further strengthening the business relationship between Oando PLC and the Bank. With Oando on board its clientele…
