Lagos Secures €170m EIB Boost for Waterways Project
EIB Global, the development branch of the European Investment Bank, has announced a €170m financial partnership with the Lagos State Waterways Authority to develop sustainable and efficient water transport in Lagos. The partnership, which is the first collaboration between LASWA and EIB, the largest funder of the Omi Eko Project, was announced on Friday in […]
Lekki Port Phase 2 Development to Begin Soon, Sanwo-Olu Anno
The Governor of Lagos State, Babajide Sanwo-Olu, has announced that development work on Phase 2 of the Lekki Port project will commence soon, reinforcing the state’s ambition to deepen its position as West Africa’s leading maritime and logistics hub. According to a statement on Wednesday, Sanwo-Olu made this known at the Invest Lagos Summit 3.0, […]
Flutterwave founder unveils Africa financial OS Vision,
Flutterwave Founder and Chief Executive Officer, Olugbenga Agboola, has stressed the need for financial infrastructure handling customer funds to be designed to withstand shocks from day one, regardless of whether transactions involve stablecoins or fiat currencies. He also described stablecoins as a major upgrade to Africa’s cross-border payment infrastructure, noting that companies best positioned to […]
Shettima’s Ekiti Visit: Tinubu Confident in Oyebanji’s Gover
The All Progressives Congress in Ekiti State has said that Vice President Kashim Shettima’s second visit to the state underscored President Bola Tinubu administration’s confidence in the direction of governance under Governor Biodun Oyebanji. The party said that it also showed the growing alignment between federal priorities and state delivery. The VP will, during the […]
Mary Remmy Njoku: Prayer Alone Won’t Fix Nigeria’s Problems
Nollywood actress and producer, Mary Remmy Njoku, has urged Christians to complement prayer with practical action in addressing societal challenges, saying issues such as poor roads, insecurity and failing healthcare systems cannot be solved through prayers alone. The actress made the remarks in a post shared on her Instagram page on Wednesday, where she stressed […]
Africa Needs Stronger Tech Partnerships for Digital Growth
The Chief Executive Officer of Layer3, Oyaje Idoko, has said Africa’s next phase of digital growth will depend on stronger partnerships between global technology providers, local infrastructure firms, enterprises, and government institutions. According to the company, no single player can independently deliver the depth of infrastructure required to support modern enterprise systems across African markets. […]
World Bank Plans $23bn Private Funding Boost for Africa
The World Bank Group has unveiled an ambitious financial plan to mobilise about $23bn in private capital for Africa through a massive scaling up of its risk mitigation instruments over the next four years. According to a statement issued by the Bretton Woods institution on Wednesday, the multi-billion-dollar capital drive will be powered by its […]