The reimbursable grant will strengthen the project’s bankability by supporting technical feasibility studies and regulatory structuring The Sustainable Energy Fund for Africa (SEFA) has approved a reimbursable grant of $1 million to NewAfrica Impact Ltd to prepare two bioenergy plants…
African leaders call for faster industrialization during African Union Summit
Bazoum called on African countries to entrench the rule of law to catalyze the emergence of the African private sector African leaders reviewed the continent’s progress in industrialization, economic diversification, and the African Continental Free Trade Area (AfCFTA) in the…
ESG in Africa is colonialism 2.0
By NJ Ayuk Many today believe the era of colonialism in Africa is over. They’re wrong. The era of colonialism in Africa has merely entered a new and insidious phase. Some call it “neo-colonialism.” I call it colonialism 2.0. In colonialism…
Biocon Biologics Completes Acquisition of Viatris’ Global Biosimilars Business
Completes the multi-billion-dollar, value accretive transaction in part-equity and part-cash, including: Upfront cash payment of USD 2 billion Issuance of CCPS worth USD 1 billion Creates a unique, fully integrated, leading global biosimilars enterprise with eight commercialized products Accelerates direct commercialization of…
COP27: To go down in history as the African Implementation COP
Photo credit: Reuters. by Duncan MacFadyen COP27 in Sharm El-Sheik has been an excellent opportunity for Africa, and the world to ensure real change with regards to global warming. There is a massive opportunity for Africa to get it…
Media reports key to electing credible leaders in 2023 general elections
By Luchee Igwe Sen. Victor Umeh, Labour Party Candidate for Anambra Central Senatorial District, says that media reports is key to helping electorate make informed decision about voting credible leaders in the coming 2023 general elections. Umeh made the ascertion…
Use your reports to promote national interest, security – Police urges journalists
The Nigeria Police Force (NPF) on Wednesday charged journalists to use their news reports to promote national interests and security in the build-up to the 2023 general elections. Commissioner of Police in Anambra, Mr Echeng Echeng, gave the charge at…
Nigeria’s FID, Ease of Doing Business Under Threat Over Senate Directive For NLNG To Pay N18.4bn – Stakeholders
Senate lacks power to Direct NLNG to pay money – Lawyers, experts set agenda for forthcoming 10th National Assembly at Platforms Africa forum Stakeholders in Africa, particularly in the Nigeria’s oil and gas sector, on Monday, raised the alarm over…
COP27: BOAD commits to devote $1.3 billion to green projects by 2025
By Inès Magoum At the 27th United Nations Climate Change Conference (COP27), the West African Development Bank (BOAD) has pledged to devote $1.3 billion to green projects in its member states by 2025. The West African Development Bank (BOAD) will make…
Could Türkiye become a gas hub for Europe?
– Türkiye is trying to take advantage of its good geographical location to become an energy hub between Russia, the world’s top exporter of natural gas, and the European market, even as the EU is trying to reduce its dependence…
