"Agriculture, agriculture, agriculture," Nigerian business leader Aliko Dangote told investors as his part of investor meetings taking this week in New York. "Africa will become the food basket of the world."
Nigeria Tender and Business News
Nigeria-based Dangote Industries Limited has asked for help from the public to assit in monitoring the recklessness -- and the illegal hauling of contrabands goods -- by some of its truck drivers.
New study from Control Risks Group suggests that while Nigeria, South Africa, and Egypt, the traditional economic giants of Africa, have been stumbling recently, Kenya and Ethiopia might soon outshine their performance.
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.
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.
As African agreements accelerate in number and complexity on the world stage, the African Development Bank has emphasized the need to ensure balance between those and East Africa's regional integration agenda.
The VC4A Startup Academy, an online self-learning tool, now offers African entrepreneurs and investors direct access to individual mentors who can help those launching new businesses in the region.
Alpha Group, the largest office furniture provider in Northern Ireland, has been awarded a contract by the government of Nigeria, making it the company’s first contract outside the UK and Ireland.
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.
On August 30, Sabiu Zakari, Nigeria's Permanent Secretary of the Federal Ministry of Transportation, stressed the importance of efficient transportation networks for any modern nation, and spoke of a goal linking all Nigerian farmers with local access to rail transport.
Dallas-based Bell Helicopter has won a contract with Nigeria-based Caverton Helicopters Limited, a subsidiary of The Caverton Offshore Group Plc, to deliver eight new Bell 407GXPs to the company.
With many major infrastructure projects in Africa involving multiple countries, there is a need for laws that can help them proceed more effectively. The United Nations Economic Commission for Africa, unveiled a Model Law that could do just that on August 24.
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.
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.
The Central Bank of Nigeria (CBN) stepped into the Inter-Bank Foreign Exchange Market on August 15 with a $364 million capital injection, to sustain liquidity in the market.
A new analysis from PwC of South Africa says Africa's hospitality sector, especially in its emerging markets, has the potential for high profits thanks to increasing foreign investment and a related growth in the number of foreign travelers coming to the continent.
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.
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.
"The Arena" a N3.6 billion business and development park, is expected to begin construction soon in Abuja. When complete, it will have the ability to host international trade fairs with as many as 10,000 vendors.
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.
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.
Nigeria's Africa Mining Vision (AMV) received strong praise at the 6th Sustainability in the Extractive Industries (SITEI) conference, by laying the institutional groundwork and cementing strong accountability mechanisms that are vital for Nigeria’s plans to expand mineral investment and production.
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.
Healthymagination's Mother and Child Programme just unveiled the 14 social enterprises selected as its second cohort in Africa. Each emerging enterprise is focused in one way or another on improving and accelerating maternal and/or child health outcomes 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.