Nigeria’s Minister of Solid Minerals Development, Dr. Oladele Alake, has urged African nations to abandon the colonial-era model of exporting raw materials and instead unite to dominate the global mineral supply chain, in order to enforce continental economic sovereignty. Alake, who also serves as the Chairman of the Africa Minerals Strategy Group (AMSG), threw the…
The African Development Bank (AfDB) Group and the African Union (AU) have renewed the push for visa-free travel among African countries to boost trade, commerce and prosperity of the continent. Policymakers, business leaders, and development institutions renewed calls for visa-free travel across the continent, describing the free movement of people as essential to unlocking Africa’s…
By Dr. Robert Ekat In an increasingly interconnected world, where physical borders are diminishing in significance, the financial sector is undergoing a profound transformation. This evolution is largely driven by the rise of financial technology, or Fintech, which is reshaping the very nature of banking and making global financial transactions more accessible and efficient than…
Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has advised oil and gas industry stakeholders in Africa to institute an Africa-wide local content framework that would harmonise policies and foster cross-border partnerships. He said such a framework would allow African nations to leverage collective strengths for mutual prosperity, arguing that…
With global cocoa prices surging to $10,000 per ton, the market value of Nigeria’s cocoa industry which comprises 250,000 tons in annual volume estimated to be over $6 billion could reach $25 billion, according to stakeholders. Stakeholders spoke about the potential of cocoa industry to transform the economy during the 25th anniversary and awards ceremony…
