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EU to Invest €150bn in transport Infrastructure to Boost Intra-African trade

EU to Invest €150bn in transport Infrastructure to Boost Intra-African trade The European Union Commission said it has concluded plans to invest €150bn in trade and transport infrastructure across West Africa with a special focus on the Lagos- Abidjan corridor. According to the EU Commission, the...

EU Raises Schengen Visa Fee by €10

EU Raises Schengen Visa Fee by €10 More expenses await African nationals seeking visas to enter the European Union as the EU plans to increase visa fees starting Tuesday, according to Schengen visa statistics released on Saturday. The report stated that starting from Tuesday; African nationals...

EU: Security equipment worth €5m donated to Nigeria, 11 others

EU: Security equipment worth €5m donated to Nigeria, 11 others An array of security equipment, including 30 rigid-hull inflatable boats and forensic equipment, has been donated by the European Union to the Economic Community of West African States to combat maritime crime and other security...

EU Offers 820 Million Euros To Nigeria In Digital Package

The European Union (EU) has pledged 820 million euros support for Nigeria’s digital economy. According to its Executive Vice President, EU Commission, Margrethe Vestager, the pledge comes just days after the Commission's Vice-President, Ursula von der Leyen, announced the Global Gateway to Africa-Europe Investment Package,...

African Carriers Record $10.2bn Passenger Revenue Loss

African Carriers Record $10.2bn Passenger Revenue Loss       The African Airlines Association (AFRAA) has released its 2020 Africa Air Transport Report indicating that carriers on the continent recorded an estimated $10.21 billion passenger revenue loss in 2020. The report gave an in-depth analysis of Africa’s air transport...

‘Nigeria, Others Need $15.7bn To Upgrade Refineries’

'Nigeria, Others Need $15.7bn To Upgrade Refineries'       African countries will need about $15.7 billion to upgrade existing 36 refineries on the continent to produce petroleum products that will conform with a planned level of sulphur content. African Refiners and Distributors Association (ARDA) disclosed that the $15.7...