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Nigeria’s Economic Development Tax Incentive (EDTI) went fully live on January 1, 2026, replacing the old Pioneer Status Incentive with a targeted 25% tax credit for manufacturing, services and infrastructure investment. With most companies still oriented around the old regime, early movers face less competition for NIPC’s attention — but eligibility is rolling out in
LAGOS, Nigeria — 21 August 2026 Nigeria’s external reserves could rise to approximately $53 billion by the end of 2026 if current macroeconomic reforms are sustained, according to the Nigerian Economic Summit Group (NESG) in its latest H2 2026 economic outlook. The organisation said stronger oil production, improving non-oil exports, ongoing foreign exchange reforms and
Nigeria’s External Reserves Could Reach $53 Billion by Year-End, NESG Projects Read More »
Finance Minister Taiwo Oyedele presented the Federal Government’s self-produced “Reform Scorecard” in Abuja on Wednesday, the administration’s own accounting of ₦30.64 trillion in incremental spending between June 2023 and December 2025. By the government’s breakdown, the largest single item was ₦9.39 trillion on wage adjustments and minimum-wage increases, followed by ₦9.37 trillion on external debt
Cabinet-approved policy replaces the 2008 framework. The headline mechanics: a mandatory 10-year Nersa price forecast (so heavy industry can underwrite investment decisions against a known price path), fully unbundled tariffs separating generation, transmission and admin costs, tariffs moving to cost-reflective pricing over 5 years, and free basic electricity for poor households rising from 50kWh to
South Africa rewrites its electricity pricing policy Read More »
Published: 18 August 2026Category: Global Projects, Capital Intelligence, Technology NVIDIA, OpenAI and SB Energy have announced plans to develop one of the world’s largest artificial intelligence infrastructure campuses at the PORTS-Pike Technology Campus in Pike County, Ohio. The initial phase of the development will deliver 4.25 gigawatts (GW) of AI computing capacity, with the broader
NVIDIA, OpenAI & SB Energy Launch Massive Ohio AI Data Centre Campus Read More »
Projects, capital, companies, policy and procurement across infrastructure and investment. Capital Bank of America launches $250bn US infrastructure finance drive. BofA has unveiled its Critical Infrastructure Finance Initiative, aiming to <cite index=”8-1″>mobilize and deploy $250 billion through lending, investments, capital markets and advisory transactions over an 18-month period ending July 4, 2027</cite>. <cite index=”8-1″>The push
Global Briefing — 17 August 2026 Read More »
Douglas, Isle of Man / Kabanga, Tanzania — August 2026 Lifezone Metals has removed the last obstacle standing between it and full control of one of the world’s most valuable undeveloped nickel deposits. In a deal completed in July 2025, the NYSE-listed company bought out BHP’s remaining 17% stake in Kabanga Nickel Limited, consolidating 100%
Lifezone Buys Out BHP, Bets $942 Million on Tanzania’s Nickel Future Read More »
The Lobito Corridor Railway continues to emerge as one of Africa’s most strategically important infrastructure programmes, linking the mineral-rich Copperbelt of the Democratic Republic of the Congo (DRC) and Zambia to the Port of Lobito in Angola. Backed by a coalition of governments, development finance institutions and private investors, the corridor is moving from strategic
Lobito Corridor Railway Enters a Defining Phase Read More »
Dangote Refinery IPO Moves Toward Market Executive Summary The proposed public listing of Dangote Petroleum Refinery is evolving into one of Africa’s most consequential capital market transactions. The company has confirmed plans to pursue a retail-focused Nigerian Exchange listing targeted for October 2026 while continuing to raise private capital for expansion. A US$2.5 billion private
Capital Watch & The Deal Board Read More »
Official Name: International Finance CorporationAbbreviation: IFCEstablished: 1956Headquarters: Washington, D.C., United StatesInstitution Type: International Development Finance InstitutionMember Countries: 186Parent Institution: World Bank GroupGeographic Focus: Developing and emerging marketsCore Role: Investment, financing and advisory services for the private sectorOfficial Website: https://www.ifc.org/ Overview The International Finance Corporation (IFC) is a member of the World Bank Group and the
International Finance Corporation (IFC) Read More »