FRENCH President Emmanuel Macron has unveiled plans for a triangular partnership between France, Morocco and Africa to foster cooperation in key sectors for growth, stability and development. Macron announced this on Tuesday in Rabat while addressing a joint session of the two Houses of the Moroccan parliament. Trojaninsights reports …
Read More »Reps Investigate Alleged Abandoned N1.46bn Road Project in Kaduna
THE House of Representatives Public Accounts Committee (PAC) on Tuesday, has opened investigation into alleged abandoned Gidanwaya-Guaran Dutse-Waman Rafi-Saminaka-Kano road project in Kaduna state worth N1.46 billion. The committee registered its displeasure during an investigative hearing on Tuesday in Abuja while quizzing the Permanent Secretary in the Federal Ministry …
Read More »Senate Passes NDIC Bill to Safeguard Bank Depositors’ Fund
THE Senate on Tuesday at plenary passed a bill to strengthen the capacity of the Nigeria Deposit Insurance Corporation’s (NDIC) to safeguard depositors fund and strengthen financial institutions in Nigeria. This followed adoption of report of Senate Committee on Banking, Insurance and other Financial Institutions on the bill titled, “Nigeria …
Read More »FirstBank Partners PCAF to Combat Climate Change
First Bank of Nigeria Ltd. has joined the Partnership for Carbon Accounting Financials (PCAF) to promote sustainable finance, combat climate change and advance sustainable socioeconomic development for the just transition. Ms Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications of the bank, diaclosed this in a statement on Tuesday in …
Read More »Ruben Amorim Agrees Deal to Become New Manchester United Manager
MANCHESTER United have agreed to pay the release clause in the contract of Sporting Lisbon Coach Ruben Amorim, who they are aiming to appoint as coach Erik ten Hag’s Replacement. The highly regarded 39-year-old coach, Ruben Amorim, became a target for major clubs in Europe due to his tactical acumen …
Read More »Guinea Dissolves 53 Political Parties, Places Major Opposition Under Scrutiny
IN a sweeping move, Guinea’s military-led government has dissolved 53 political parties and placed an additional 54 under observation, including two major opposition groups, sparking fresh concerns over democratic progress. The decision comes as the country awaits a long-promised return to civilian rule, with elections tentatively scheduled for 2025. Guinea’s …
Read More »South Africa’s Business Confidence Surges With Unity Government
South Africa has seen a marked boost in business confidence following the formation of its Government of National Unity (GNU), according to a recent report by consulting firm PricewaterhouseCoopers (PwC). Established in June, the GNU, a coalition of ten political parties, was formed after the general elections failed to yield …
Read More »Google Invests $5.8m to Boost AI And Cybersecurity Skills in Africa
GOOGLE has announced a significant new investment of $5.8 million to develop AI and cybersecurity skills across Africa, focusing on South Africa, Nigeria, and Kenya as primary beneficiaries. The tech giant’s latest commitment builds on its growing impact on South Africa’s digital economy, which, according to Google, generated an estimated …
Read More »Moniepoint Becomes Unicorn With $110m to Expand Fintech
NIGERIA’S fintech firm Moniepoint has raised $110 million in fresh funding, backed by major investors including Google’s Africa Investment Fund, to accelerate its digital payments and banking services expansion across Africa. Announced on Tuesday, the funding also saw contributions from existing investors, London-based Development Partners International and private equity firm Lightrock, …
Read More »AgDevCo’s $10m Investment Boosts Ghana’s Aquaculture Industry
SPECIALIST agriculture investor AgDevCo has announced a major investment of $10 million in Tropo Farms, Ghana’s leading tilapia producer and one of the largest aquaculture companies in sub-Saharan Africa. The long-term funding aims to enhance Ghana’s fish production capacity, providing a sustainable, high-quality alternative to wild-caught fish and reducing reliance …
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