Africa Emerging Markets International

Nigeria election: leading presidential candidate Peter Obi still faces many challenges

With elections in Nigeria are just days away, the country’s politics might be on the verge of total upheaval with Peter Obi, a wealthy businessman, leading most election polls and threatening to reshape the established political order. The more established candidates Atiku Abubakar of the Peoples’ Democratic Party, and Bola Tinubu of the All Progressives […]

Africa Algeria Features Headlines International

Algeria heads on with inhuman expulsion of Sub-Saharan migrants

Algeria has flashed out in recent days close to 900 sub-Saharan migrants as the country closes ears to criticism of its inhuman expulsion of Africans abandoned, unattended in the desert at the border with Niger. Exactly 899 migrants from 16 southern Saharan countries were deported by Algerian authorities on February 12, said Alarm Phone Sahara, […]

Africa Business Emerging Markets Headlines International

Slow takeoff for Africa’s AfCFTA: Tanzania joining FTA in July, Nigeria not yet ready

The African Continental Free Trade Area (AfCFTA) market has been a long time coming, but several African nations and major companies have finally started shipping goods and trading a trickle of goods under the AfCFTA agreement signed in 2018. Tanzania is one of the African countries that have decided to take part in a new […]

Africa Features Headlines International

AU observer team to monitor Nigeria poll, as pre-election violence escalates

The African Union (AU) will be sending a 90-strong observer mission to Nigeria for this month’s elections, the AU Commission announced Tuesday (14 February), as the West African country warned of increasing election-related violence. The AU said the objectives of the mission were to provide an “accurate and impartial assessment” of the electoral process, offer […]

Africa Emerging Markets Energy Headlines International

Nigeria predicted to become Africa’s biggest oil refiner by 2025 — report

Nigeria could become biggest oil refiner in the region by 2025, Hawilti, a pan-African investment research firm, has predicted, a prediction that comes as a surprise in light of the west African nation’s longstanding struggle with shortage of petroleum products for its population, Africa’s largest. According to Hawilti’s recent report titled “Refineries watch Q4 2022”, […]

Africa Energy International

Egypt, Nigeria to enhance cooperation in electricity, renewable energy fields

Egypt and Nigeria have signed a memorandum of understating (MoU) to enhance bilateral cooperation in the field of electricity and renewable energy, a statement from the Egyptian Ministry of Electricity and Renewable Energy said Tuesday. Per the agreement, the two countries will support joint cooperation in a number of areas including: technical support for the […]

Africa Community International

Cameroon sends troop to border with Nigeria after confrontation between separatists & Nigerian herders

The Cameroonian armed forces have deployed soldiers at the border with Nigeria after the borderline was theater of bout between Nigerian sharpers and Cameroonian separatists. Some 100 soldiers have been sent to the village of Gayama to prevent clashes on the border with Nigeria. At least 12 people have died in the clashes that have […]

Africa International

Nigeria: election commission warns insecurity could derail February presidential vote

Nigeria’s Independent National Electoral Commission (INEC) has warned of the threat of increased violence during the election campaign, suggesting that the country’s presidential election in late February should be cancelled or postponed if the current level of insecurity is not tackled. Nigerians are due to choose a successor to President Muhammadu Buhari after two terms […]

Africa Headlines International

Nigeria: Armed men abduct dozens of people during attack of train station in Edo State

A group of unidentified armed men attacked last Saturday a train station in Edo State, south of Nigeria, and kidnapped dozens of passengers, the Nigerian police announced. Chidi Nwabuzor, spokesperson for the police said in a statement that a number of passengers were also injured when gunmen, carrying Kalashnikov assault rifles, attacked the “Igueben” station, […]

Africa Emerging Markets Headlines International

Shell to pay 15m euros in compensation to Nigerian farmers over oil spills

Shell will pay 15 million euros in compensation to Nigerian farmers for oil spills that severely polluted three villages in the Niger Delta, the oil giant has said in a statement. A court in The Netherlands ruled in 2021 that Shell’s Nigerian subsidiary was liable for damages resulting from the spills and ordered the oil […]