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Africa Business News

Nigeria Tender and Business News

Smithsonian Brings Permanent African Art Exhibit to Nigeria

The Smithsonian Institutions' National Museum of African Art announced that it will be opening the exhibition, “Chief S.O. Alonge: Photographer to the Royal Court of Benin, Nigeria” in Nigeria starting Friday, September 29. It is the first time this museum will be bringing any exhibition to the continent of Africa.

Shell to Explore Sales of Natural Gas in New Regions in Nigeria

Shoreline Energy Limited, based in Nigeria and the parent company of Gasland Company Ltd.) and The Shell Petroleum Development Company of Nigeria Limited (SPDC), part of the Netherlands-based Royal Dutch Shell Corporation, have signed new distribution rights for natural gas sales in Nigeria.

Climate-Smart Agriculture Could Save Africa

Africa may contribute only 4 percent of the world's greenhouse gas emissions, but six of the 10 countries most affected by climate change are in Africa. According to a major agricultural research for development partnership, this illustrates the urgent need to develop climate-smart agriculture, improve forestry and transform the productivity of water use.

Dangote Plans $450M Sugar Production Plant in Niger

Dangote Group, the Pan African Conglomerate headquartered in Nigeria, just signed a Memorandum of Understanding (MoU) with the Government of Niger for the establishment of a jumbo $450 million state-of-the-art fully-integrated sugar production complex.

Use of Children as Human Bombs in Nigeria Escalating

UNICEF is issuing an international call to action for nations to do something about the appalling increase in the cruel and calculated use of children, especially girls, as 'human bombs' in northeast Nigeria.

Report on Africa Airline Seat Capacity Shows Major Drop

According to a report from Valencia, Spain, based ForwardKeys on airline capacity in Africa, Lagos, Nigeria in particular is showing a significant seat capacity decline in 2017. According to a spokesperson from AviaDev, a major airline route development conference in Africa, this comes directly from the difficulty in bringing revenues back out of the country in 2016.

World Food Programme to Distribute 5,000 Tons of Nigeria Rice to NE Nigeria

The Government of Nigeria has supplied the United Nations World Food Programme (WFP) with 5,000 metric tons of rice, as part of a more structured means of distributing food for nearly half-a-million internally displaced people in the the conflict-damaged and famine-plagued northeast region of the country.

2nd Japan-Africa Biz Forum Yields 118 Business Matchups and One Telecom Deal

The 2nd Japan-Africa-Business Forum, with the theme "Investment and Business Opportunities with Africa", was held in Tokyo on July 25-26. Among the many connections made there, one key announcement emerged, as Burkina Faso's ZIL Telecom and Japan's Lequio Power Technology Corporation signed a West Africa distribution contract there.

IMF Completes Staff Team Review in Nigeria

The International Monetary Fund (IMF) recently concluded an IMF staff team visit to Nigeria led by Amine Mati, from July 20-31. The IMF Team has issued a statement following the end of that visit, which concludes that the economic conditions in the country are still quite challenging even though the first half of 2017 showed improvements.

Indorama Opens $1.5B Fertilizer Plant in Nigeria

On July 27, Indorama Eleme Fertilizer and Chemicals Limited (www.Indorama.com), a Nigeria-based affiliated company of Indorama Corporation of Singapore, inaugurated a new USD $1.5 billion fertilizer plant it recently completed in Nigeria.

FAO and AfDB Collaborate on 'Desert to Power Program' in Africa

The Food and Agriculture Organization (FAO) and the African Development Bank (AfDB) have begun a new major collaboration initiative to help transform precarious situations in the desert part of Africa into developmental opportunities. It is called the 'Desert to Power program', and will be deployed to 11 countries including Sudan.

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