Coverage
AFC Launches $150 Million Climate-Resilient Infrastructure Fund in Nigeria
August 25, 2026 AFC Capital Partners, the asset-management subsidiary of Africa Finance Corporation (AFC), has launched a $150 million Infrastructure Climate-Resilient Fund…
Tony Elumelu's Seplat Stake Crosses $1 Billion — Up From $500m in Under Eight Months
Tony Elumelu’s investment vehicle, Heirs Holdings, acquired a 20.07% stake in Seplat Energy — 120.4 million shares — from French energy company…
Nigeria's External Reserves Could Reach $53 Billion by Year-End, NESG Projects
LAGOS, Nigeria — 21 August 2026 Nigeria’s external reserves could rise to approximately $53 billion by the end of 2026 if current…
Nigeria's Finance Minister Presents Government's Own Reform Scorecard — ₦6.47 Trillion Claimed for InfrastructureNigeria | 20 August 2026
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…
Nigeria's Wage Bill and Debt Servicing Absorbed ₦18.8 Trillion in Additional Federal Spending
Nigeria’s Federal Government spent ₦18.76 trillion on public sector wages and external debt servicing between June 2023 and December 2025, underscoring the…
NVIDIA, OpenAI & SB Energy Launch Massive Ohio AI Data Centre Campus
Published: 18 August 2026Category: Global Projects, Capital Intelligence, Technology NVIDIA, OpenAI and SB Energy have announced plans to develop one of the…
UNCCD COP17 Opens in Mongolia, Puts Land Restoration Financing on the Global Agenda
The 17th Conference of the Parties (COP17) to the UN Convention to Combat Desertification (UNCCD) officially opened in Ulan Bator, Mongolia, on…
Rand Firms, Naira Holds Steady, JSE Near Record Highs — Africa's Markets Snapshot for August 14, 2026
Johannesburg / Lagos — 14 August 2026 African currencies and equities closed out the week on largely steady footing, with South Africa’s…