Latest News Nigeria
New technologies
14/09/2022 at 20h35, by Africa Business+
Omondi Ochieng, TeamApt : “We want to become a banking platform for businesses”
The director of corporate finance at the payments specialist startup describes the latest funding round...
Education
23/08/2022 at 16h01, by Africa Business+
The next African destinations for US-based Holberton
In July, the American edtech company finalised its acquisition by African Leadership Group (ALG) and...
Industry
18/08/2022 at 15h18, by Africa Business+
Abdul Samad Rabiu seeking $500 million for Kalambaina cement plant
The Nigerian tycoon turns to international financing institutions to raise funds.
Electricity
05/07/2022 at 14h14, by Africa Business+
Baobab+ secures $5 million from impact investor Symbiotics
The company, co-founded in 2015 by Alexandre Coster and specialising in selling solar kits in Africa...
Construction & Infrastructure
01/07/2022 at 12h23, by Africa Business+
CGPS head Mouni Naré signs contract with Loryne on €15m Trans-Saharan fibre optic corridor
The Burkinabe duo is back on the interconnection project between Niger, Algeria, Nigeria and Chad via...
Advisory
28/06/2022 at 15h07, by Africa Business+
Zhongshan Fucheng seeks confirmation of $70m arbitration award against Nigeria
The Chinese group filed a third lawsuit in a US court accusing the Nigerian authorities of expropriating...
Renewable energies
21/06/2022 at 16h59, by Africa Business+
Symbiotics launches two $17 million green bonds in Africa for Sun King
Duncan Frayne, Symbiotics’ regional director for sub-Saharan African markets, structured the bonds.
Private Equity
17/06/2022 at 15h51, by Africa Business+
United States’ DFC joins Uhuru Investment Partners vehicle
This is the second rallying across the Atlantic for the investor based between Lagos, Accra and Abidjan.
Mines
17/06/2022 at 14h52, by Africa Business+
New revelations in Glencore’s African corruption case
While all eyes are on the Nigerian verdict, the Swiss mining group last month pleaded guilty to corruption...
Maritime transport
07/06/2022 at 15h41, by Africa Business+
Nigeria: Philippine ICTSI prepares $100 million investment in its Onne terminal
The port group controlled by the Razon family is betting more and more on Africa. Already present in...
Maritime transport
03/06/2022 at 16h56, by Africa Business+
What’s the status of China’s ZPMC’s Lekki contract in Nigeria?
Lekki, the port project intended to relieve the recurrent congestion of the Lagos container terminals...
New technologies
31/05/2022 at 17h15, by Africa Business+
Germany’s GreenTec Capital and Nigeria’s TVC Lab launch Zeitec Investment
The new company aims to act as a bridge between African and international co-investors for tech start-ups.
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