Nobel laureate and playwright, Professor Wole Soyinka has revealed that the United States has revoked his visa, preventing him from entering the country and curtailing some of the privileges that come with his international recognition. Nigerian Nobel laureate Professor Wole Soyinka’s U.S. visa has been revoked, preventing his entry into the United States. The U.S.…
GasMeth Energy Ltd has invested an additional $170 million into its flagship methane extraction and processing project on Lake Kivu, Rwanda, bringing the total investment to over $560 million in a bold push to accelerate the country’s clean energy ambitions. GasMeth Energy Ltd injects an additional $170 million, raising its total investment in Rwanda’s Lake…
Nigeria’s vast informal economy, stretching from street vendors and market traders to roadside artisans and small-scale farmers, remains both the heartbeat of Africa’s largest economy and a reflection of its deep-rooted inequalities. Over 40% of Nigeria’s informal businesses earn less than $12 daily, revealing the fragility of Africa’s largest informal workforce. 79% of small business…
The Dangote Oil Refinery recently disclosed that it has reinstated workers whom the company had laid off a few months back. Dangote Oil Refinery reinstated employees who were previously laid off amid restructuring. Dismissals were associated with facility-wide safety risks and operational sabotage concerns. Reinstated staff members have been redeployed to various regions in Nigeria,…
Nigerian billionaire Aliko Dangote is preparing a major return to Zimbabwe with plans for a US$1 billion industrial complex that will integrate cement production, coal mining, and power generation. Aliko Dangote plans to invest US$1 billion in Zimbabwe for a comprehensive industrial complex. The Dangote Group previously explored Zimbabwean opportunities in 2015 and 2018. The…
In a major boost to Africa’s green industrial transition, Chinese firms have invested over $1.3 billion in Nigeria’s rapidly expanding lithium processing industry, according to the country’s Minister of Solid Minerals Development, Dr. Dele Alake. Chinese firms have invested $1.3 billion in Nigeria’s lithium processing industry since September 2023. Companies including Canmax Technology, Jiuling Lithium,…
Tanzania has unveiled an ambitious $420 million synthetic fuel project aimed at positioning the country as a leading exporter of jet fuel in Africa, potentially challenging Nigeria’s Dangote Group, which currently dominates the continent’s refined fuel market. Tanzania has launched a $420 million synthetic fuel project aiming to become a leading exporter of jet fuel…
