UAE leads investment charge into lucrative African market

The United Arab Emirates (UAE) has emerged as Africa’s largest provider of foreign direct investment (FDI), funnelling $59.4 billion into key high-growth sectors such as infrastructure, energy, transport, logistics, and technology. The UAE has joined the bandwagon of world powers scrambling for commercial dominance in Africa, targeting a share of the continent’s 1.2 billion people […]

FAO Regional Conference for Africa to convene in Morocco next Spring

The 33rd session of the Food and Agriculture Organization’s Regional Conference for Africa will convene in Morocco next Spring. The FAO Regional Conference will be held in two parts: a virtual session for senior officials on March 27-29, which will address the technical aspects of food security and the transformation of agrifood systems in Africa, […]

Nigeria regains Africa’s top crude oil producer spot in May 2023 — OPEC report

Nigeria has regained its position as Africa’s top crude oil producer for May 2023, according to the latest report published by the Organization of Petroleum Exporting Countries (OPEC), that also attributes the slow growth of the country’s economy by 2.4% year-on-year in the first quarter of 2023 to certain factors including a decline in crude […]