FG Secures Permanent African Central Bank Board Seat at AU Summit Nigeria has secured a permanent seat on the Board of the African Central Bank, following a decision reached during the 39th Session of the Executive Council of the African Union. The development was disclosed in...

Building Health Systems for Africa’s Vaccine Sovereignty ~ Reducing Risk, Strengthening Markets, Securing Health Futures By Chinedu Moghalu and Nicaise Ndembi   At the 38th African Union Summit in February 2025, the continent’s Heads of State and Government issued a deliberate and consequential resolution. Health security, local...

Africa struggled to attract Foreign Direct Investment (FDI) in 2025 as inflows fell by 38 percent, even as global FDI rebounded by 14 percent, according to preliminary estimates by the United Nations Conference on Trade and Development (UNCTAD).

Nigeria Not Among Africa's Fastest-Growing Economies - IMF   The International Monetary Fund (IMF) has revealed that Nigeria is not among Africa’s fastest-growing economies, as countries such as Benin Republic, Côte d’Ivoire, Ethiopia, Rwanda, and Uganda continue to lead the continent’s growth trajectory in the world. The...

Africa is set to add 1.2 million barrels per day (bpd) of new refining capacity by 2030, marking one of the fastest downstream expansions globally, according to the newly released 2025 OPEC World Oil Outlook.

NUPRC Aims to Capture 40% of Africa's Oil Investments   The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is taking bold steps to reclaim the country’s dominant position in Africa’s oil and gas investment space after its share of sub-Saharan Africa’s upstream inflows plunged from...