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FSD Africa launches finance facility to unlock capital for local investment, SGBs
FSD Africa has launched the Manager Finance Facility (MFF), a new initiative aimed at strengthening Africa’s emerging generation of alternative local capital providers (ALCPs) and unlocking more appropriate financing for small and growing businesses (SGBs) across the continent. The facility…
African Local Content: Start small, prove it works, then think continental
[Emmanuel Okoroafor, Ph.D] African Local Content is an attractive and potentially transformative idea. Done properly, it could deepen African industrial capacity, create employment, encourage technology transfer, strengthen indigenous businesses and retain a much greater share of the value generated from…
FG drives over 1,000 host community projects in Niger Delta
The Federal Government says it is driving more than 1,000 host community development projects across the Niger Delta as part of efforts to address restiveness and create a more conducive operating environment for petroleum industry players. The Chief Executive of…
Flare gas commercialization: Policy targets, jubilant licensees and investment reality
Sopuruchi Onwuka Federal government is getting increasingly impatient with the slow progress made by the licensees of the Nigeria Flare Gas Commercialization Programme (NGFCP), threatening to revoke their awards of access to flare gas at the nation’s oil production sites;…
Nigeria’s Q2 growth strengthens position among emerging SSA economies
Nigeria’s stronger-than-expected economic performance in the second quarter has reinforced its emergence as one of the growth centres of Sub-Saharan Africa, with the country and Ethiopia increasingly positioned to gain economic weight as South Africa struggles with persistent structural constraints….
Dangote Refinery IPO poised for oversubscription despite market sentiments
Africa’s richest man, Aliko Dangote, appears set to overcome the economic, market and energy-transition sentiments surrounding refinery investments as the Initial Public Offering of his Dangote Refinery and Petrochemical Company Limited races towards what could become a record oversubscription. The…
Full access to assets: FG offered 56 oil blocks in 3 yrs, plans frequent bid rounds
The Federal Government is stepping up efforts to revive activity across Nigeria’s oil-producing provinces through a sustained programme of oilfield licensing and development, as the country targets crude production of three million barrels per day by 2030. The Nigeria Upstream…
NCDMB to host Paul Nwabuikwu at fifth book reading programme
The Nigerian Content Development and Monitoring Board (NCDMB) will feature writer, journalist and public policy analyst Paul C. Nwabuikwu at the fifth edition of its Corporate Communications Book Reading Programme early next week. The session will focus on Nwabuikwu’s recently…
International Literacy Day 2026: Heirs Energies records gains from education intervention
As the world marks International Literacy Day 2026 under the theme, “Literacy for people, the planet and prosperity,” Heirs Energies has highlighted measurable gains from its investment in foundational learning in its host communities in Rivers State. The energy company,…
LEKOIL flaunts five-block portfolio, woos partners for field development
Africa-focused oil and gas exploration and production company, LEKOIL Nigeria Limited, is seeking global financial, technical and operational partners to accelerate the development of its portfolio of five oil assets as it moves into a new phase of production growth….
