Julius Berger Officially Hands Over Second Niger Bridge to Nigerian Government
Construction giant Julius Berger has officially handed over the completed Second Niger Bridge to the Nigerian government. The 1.6-kilometer-long bridge,…
Day: December 4, 2023
Prof. Benedict Oramah Named FORBES AFRICA Person of the Year 2023
Prof. Benedict Oramah, the President of the African Export-Import Bank (Afreximbank), has been named FORBES AFRICA Person of the Year…
Nigerian Exchange Lists Additional 398 Million McNichols Consolidated Shares
The Nigerian Exchange Limited (NGX) has listed an additional 398 million ordinary shares of McNichols Consolidated Plc, following the company’s…
Gold Hits Record Highs, Bitcoin Surpasses $41K in Year-End Rally
As markets enter the last month of the year, gold has reached record highs, trading at $2,100, while Bitcoin surged…
Allied Climate Partners Launched by World Bank and Charities to Generate $11 Billion for Climate Investments in Developing Countries
The World Bank’s private investment arm has collaborated with major charities to launch the Allied Climate Partners (ACP) platform, aiming…
ARCH Cold Chain Solutions East Africa Fund: Transforming Cold Chain Logistics Across the Region
Overview: ARCH Cold Chain Solutions East Africa Fund is pioneering the development of a comprehensive Cold Chain network across East…
South African Billionaire Family Acquires Controlling Stake in GZ Industries, Nigeria
Overview: South African billionaire family, the Oppenheimers, particularly Jonathan Oppenheimer, has secured a controlling stake in GZ Industries Ltd., a…
United Gulf Financial Services North Africa (UGFS) Completes First Closing of D100 Million Fund
Overview: United Gulf Financial Services North Africa (UGFS) has successfully completed the first closing of its fund, aiming for a…
BluePeak Private Capital Invests USD 20 Million in Prime Logistics for Sustainable Expansion
BluePeak Private Capital, an alternative asset management firm, has announced its first ESG-linked investment – a USD 20 million hybrid…
Pan African Towers Secures Strategic Investment from DPI and Verod Capital for Growth in Nigeria’s Digital Infrastructure
Pan African Towers (PAT), a leading digital infrastructure company in Nigeria, has announced a strategic investment from Development Partners International…
STANLIB Launches Khanyisa Energy Transition Fund to Raise $1 Billion for Green Energy Projects in Africa
South African asset manager STANLIB has launched the Khanyisa Energy Transition Fund, aiming to attract $1 billion by the end…