ABUJA — The Nigerian Content Development and Monitoring Board (NCDMB), says it will host the Africa Local Content Investment Forum (ALCIF) to foster sustainable funding of Africa oil and gas projects. The forum is scheduled to hold in Lagos on March 7. Executive Secretary of the Board, Mr. Simbi Wabote, who stated this in a statement, on Saturday in Abuja, said that energy transition agenda was posing new challenges to Africa. Wabote said the initiative...
The National Emergency and Crisis Management Authority (NCEMA) of the United Arab Emirates (UAE) revealed in a Twitter update that passenger flights from Nigeria and 11 other African countries will resume from Saturday, January 29. Other affected countries are Ethiopia, Tanzania, Lesotho, Eswatini, Namibia, Zimbabwe, Mozambique, South Africa, Botswana, and the Republic of Congo. It added that entry procedures have been updated for flights originating from Ghana, Rwanda, and Uganda. Travel restrictions were put in...
Alhaji Aliko Dangote has retained his position as the richest man in Africa, with a net worth of $12.1 billion, according to the 2022 edition of the Forbes’ Top 10 Africa’s Billionaires List. This is contained in a post on their verified Twitter account @Forbes. According to the report, for the 11th year in a row, Aliko Dangote of Nigeria is the continent’s richest person, worth an estimated $13.9 billion, up from $12.1 billion in...
ABUJA — Vice-President Yemi Osinbajo has urged multinational organizations to adopt debt relief initiatives that will not affect Africa’s growth. He said this on Friday while delivering a special address at the virtual edition of the 2022 World Economic Forum. According to him, in Nigeria, 6 unicorns have emerged in the past six years. “The creation of $650 billion in new Special Drawing Rights last year was a step in the right direction, but more...
The Super Eagles on Tuesday had their final training session for the final Group D game against Guinea-Bissau at the 2021 Africa Cup of Nations (AFCON) in Cameroon. The News Agency of Nigeria (NAN) reports the training took place at the annex pitch of the Roumde Adjia Stadium in Garoua. But the session looked uneventful as the three-time champions only have as opponents on Wednesday the Wild Dogs of Guinea Bissau who are with only...
Recent signs out of Ethiopia are encouraging, but major issues standing in the way of a sustainable peace remain unresolved. By Michelle Gavin, Guest columnist and blogger News coming out of Addis Ababa suggests that the conflict in Ethiopia is entering a new phase. For over a year, momentum seemed to be forever driving toward worsening violence between the federal government, its allies, and the Tigray People’s Liberation Front (TPLF), as well as a deepening...
Riyad Mahrez and his teammates failed to spark as reigning Africa Cup of Nations (AFCON) champions Algeria drew goalless with Sierra Leone in their opening Group E fixture. Heading into the delayed 2021 tournament aiming to become the first team to win consecutive AFCON titles since Egypt won three in a row between 2006 and 2010, Algeria were favorites. They dominated on Tuesday but could not find a way through Sierra Leone’s solid rearguard. Appearing at...
At least 31 miners were killed and eight missing in Sudan on Tuesday when a rudimentary gold mine collapsed, a government official said. The disaster occurred near Nuhud, a town about 500 kilometres (310 miles) west of Khartoum, said Khaled Dahwa, the head of the state-run Mineral Resources Company in West Kordofan. “Thirty-one traditional miners were killed because of a mine collapsing,” he told AFP, adding one person survived and eight others were still missing....
On Friday, President Muhammadu Buhari confirmed that Nigeria will partner with the Republic of Turkey in confronting the current security challenges the country is facing. According to the presidency, this is in furtherance of sustained efforts at keeping Nigerians safer. Speaking at a bilateral meeting with Recep Tayyip Erdogan, his Turkish counterpart shortly before the official commencement of the 3rd Turkey-Africa Partnership Summit in Istanbul, President Buhari acknowledged that Turkey had garnered a lot of...
Uganda’s entry into the eastern Democratic Republic of Congo to combat the terrorist Allied Democratic Forces (ADF) diverts attention away from equally pressing issues at home. By Michelle Gavin, Guest columnist and blogger In late October and again in November, Uganda was the target of terrorist attacks perpetrated by the Allied Democratic Forces (ADF), a group based in the Democratic Republic of Congo and linked to the self-proclaimed Islamic State. In response, Uganda has deployed a significant...
