Nigeria’s Gasoline Integrated International is planning to build a refining capacity of 100,000 liters per day and other petroleum products, for a total investment of 3 billion naira ($68 million), reports say. The project, according to Ogun State Governor Dapo Abiodun, is expected to produce 400,000 liters per day in the long run. The refinery […]
Morocco’s tourism continues its impressive performance with 2.4% increase in receipts by the end of March 2025, compared to the same period in 2024, with nearly 24.63 billion dirhams (approximately $2.5 billion), the foreign exchange office said. Tourism has emerged as Morocco’s leading revenue source, surpassing key sectors including automotive, chemicals, food, information technology, and […]
Sub-Saharan Africans’ income is further decreasing compared to the rest of the World amid a lackluster economic growth, the International Monetary Fund Said. Amid a surge in geopolitical conflicts and climate change devastating impacts, Sub-Saharan African economies would only grow by 3.8% this year, up from 3.4% in 2023, the IMF said in a report. […]
