Preparations are well underway for the African Heads of State Energy Summit that will take place in Tanzania’s capital Dar es Salaam on 27-28 January. The event aims to advance an ambitious plan to deliver electricity to 300 million Africans by 2030. The so-called Mission 300 Africa Energy Summit is a landmark event that will […]
Tag: Nigeria
Nigeria: Fuel tanker explosion claims at least 70 lives
At least 70 people have died in north-central Nigeria after a gasoline tanker overturned in the early hours of Saturday and exploded as locals attempted to salvage its fuel. According to eyewitnesses, community members rushed to the scene once the tanker crashed, hoping to collect leaking gasoline for personal use. A generator was then started […]
BRICS offers Nigeria partner country status
Brazil, the BRICS chair, said that Nigeria has been admitted as a partner country in the group. The decision was based on the role of Nigeria in “strengthening cooperation in the Global South and reforming global governance”, Brazil said in a statement. “As the 6th largest population in the world and the 1st on the […]
Nigeria, Malawi and Rwanda have Africa’s worst-performing currencies in 2024
Nigerian naira, Malawian kwacha and Rwandan franc have been named the worst-performing African currencies against the US dollar in 2024, according to a latest report, having faced an array of challenges, from persistent trade imbalances, dwindling foreign reserves, to political instability. Some African nations strengthened their currencies, while others faced worsening exchange rates in 2024. […]
Start-ups in Africa raised $2.2b in 2024, pushed by mega deals, 25% drop from 2023
Start-ups in Africa cumulatively raised $2.2 billion in equity, debt, and grants (excluding exits) in 2024, and though it is a significant figure in absolute terms, it represents a 25% drop compared to the $2.9 billion that were raised on the continent in 2023, ‘Africa: The Big Deal’ has revealed. According to the funding report […]
China’s FM on ‘charm offensive’ in Africa amid changing geopolitical realities
China’s top diplomat has embarked on his traditional New Year tour of Africa that will take him to Namibia, the Republic of Congo, Chad, and Nigeria, aiming to further advance Beijing’s already sizable influence across the resource-rich continent amid dwindling Western influence. The week-long tour by China’s foreign minister Wang Yi marks 35 consecutive years […]
ECOWAS backs Nigeria against Niger’s ‘baseless’ accusations of ‘destabilization’ plot
West Africa’s regional bloc ECOWAS has thrown its weight and support behind Nigeria after Niger’s accusations that Abuja was plotting to destabilize its northern neighbor, notably by harboring members of the former Bazoum administration and collaborating with foreign powers. The Economic Community of West African States, (ECOWAS) has come to Nigeria’s defense as its diplomatic […]
Leaked documents reveal systemic failures in Nigerian oil-spill cleanup
A satellite image captured above Nigeria’s Niger Delta in 2021 revealed a swath of barren land near Port Harcourt—once lush farmland, now rendered unusable. This site was on a cleanup list maintained by the United Nations Environment Programme (UNEP), which aimed to restore lands scarred by thousands of oil spills. Instead, the site was left […]
Nigeria denies collaborating with terrorists or French military to destabilize Niger
Niger’s military government has accused its neighbor Nigeria of acting as a base for destabilizing actions by terrorist groups or French military and of being implicated in sabotaging its pipeline. Relations between Niger and neighboring Nigeria have soured after the former’s foreign minister, Bakary Yaou Sangare, summoned the Nigerian embassy’s chargé d’affaires, accusing his country […]
Nearly 800 suspects arrested in Nigeria’s largest cybercrime raid
Some 792 people, including many foreign nationals, have been arrested in Nigeria as part of a sweeping raid on a crypto ring that has reportedly been involved in a sophisticated fraud operation targeting victims worldwide with false cryptocurrency schemes and romantic scams. Many of the nearly 800 suspects taken into custody from the site in […]









