Mali, Burkina Faso, and Niger have announced their withdrawal from the Economic Community of West African States (ECOWAS), dealing a hard blow to France and the Algerian regime which is serving the agenda of the former French colonial power in the region. In a joint statement released Sunday, the three Sahel countries said they took […]
Tag: Nigeria
U.S. pledges $45 million in security funding to West Africa
US top diplomat Antony J. Blinken announced Tuesday January 23 a pledge of $45 million in funding for security in West Africa, a region reeling with terrorism activities in some of its countries. Blinken made the announcement in Cote d’Ivoire as he met with President Alassane Ouattara in the capital, Abidjan. “Cote d’Ivoire is an […]
King Mohammed VI extends invitation to Nigeria’s President to visit Morocco
King Mohammed VI has extended an invitation to Nigeria’s President Bola Ahmed Adekunle Tinubu to visit Morocco. The monarch extended the invitation during a phone call with the Nigerian President this Tuesday. A statement from the royal palace said the phone call focused on the development of bilateral relations between the two countries over the […]
Africa’s 2023 investment hotspots list dominated by Kenya, Egypt, Nigeria and S.Africa — report
Kenya, Egypt, Nigeria, and South Africa have emerged as the top investment destinations in Africa for funding in 2023, as the quartet of markets collectively accounted for a dominant 68% share of the continent’s total investment influx last year, according to a new report. The report entitled ‘The Africa Investment Report 2023’ provides a compelling […]
US’s Blinken starts four-nation West Africa tour to boost democracies amid Sahel concerns
The US top diplomat’s tour of four African countries began on Monday (22 January) with a visit to Cape Verde, as the Biden administration seeks to prove the United States is a key partner on a continent where China and Russia have sought to expand their influence. In Cape Verde, US Secretary of State Antony […]
Nigeria Agenda 2050: changing playing field of resource sector
The past few days have been full of news for Nigeria’s resources sector: It was announced that Nigeria Agenda 2050 requires approximately $100 billion, with 80% expected from the private sector; Shell is set to divest its Nigerian onshore oil and gas subsidiary for $1.3 billion; and the West African country will see the launch […]
Nigeria: Akwa Ibom State, OCP Africa, NSIA Set to Promote Cooperation in Agricultural Sector
Strengthening cooperation in the field of agriculture was at the heart of recent discussions between Akwa Ibom State, in southeastern Nigeria, OCP Africa, a subsidiary of the OCP Group, world leader in the production and export of phosphates, and the Nigeria Sovereign Investment Authority (NSIA). The strategic meeting was held at the request of the […]
UN warns against Red Sea crisis escalation, as disrupted shipping prompts Africa price concerns
The United Nations has warned against escalation in the Red Sea following multiple airstrikes by US and UK forces targeting Houthi rebels in Yemen who have vowed fierce retaliation. “These developments in the Red Sea and the risk of exacerbating regional tensions are alarming,” the UN Assistant Secretary-General, Khaled Khiari, has said, calling for the […]
CAF appoints four African legends ambassadors to promote African football
la Confédération Africaine de Football (CAF), the football governing body of the African continent, unveiled Monday January 8 the first names that include Egyptian Ahmed Hassan, the four times AFCON winner, to be signed up in the newly-established CAF Ambassadors program. Hassan is joined by Ghana’s Asamoah Gyan, Senegal’s El Hadji Diouf and Nigeria’s magician […]
Nigeria’s Naira, Kenyan Shilling worst hit of Africa’s devaluing currencies in 2023 with no hope in sight
African countries have faced a myriad of challenges in 2023, not the least of which was currency devaluation, with Nigeria’s Naira and Kenyan Shilling experiencing their largest drop in value against the greenback in 24 and 30 years respectively. While Nigeria and Kenya recorded significant growth across numerous industries, there were still instances of socio-economic […]








