The Minister of Agriculture and Rural Development, Mr Sabo Nanono, said on Tuesday in Abuja that Nigeria would hopefully begin exporting rice to other countries in the next two years. Nanono hinted this in a statement issued…
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THE African Development Bank, ADB, is to bankroll the construction of rural/farm roads in 14 Local Government Areas of Anambra state at the cost of 50 million dollars, a top aid of the Anambra state Government has…
Afreximbank President Prof. Benedict Oramah (left) passes signed document to Bank Treasurer Chandi Mwenebungu as Dr. Demola Sogunle, Chief Executive, Stanbic IBTC Bank PLC, signs during the ceremony in Lagos. The African Export-Import Bank (Afreximbank) today in…
The management of Lekki Deep Seaport yesterday disclosed that the port would be able to berth ships carrying about 18,000 TEUs when it becomes operational. One TEU is twenty-foot equivalent unit is an inexact unit of cargo…
Today, Google launched its first Google Developers Space in Lagos, Nigeria. Previously referred to as the Google Launchpad Space, the Google Developers Space is a hub for African developers, entrepreneurs and startups. Google CEO Sundar Pichai, made…
The Federal Government (FG) has generated $9 million business leads since it introduced women export initiative, SheTrades Initiative in 2016. This was disclosed by the Nigerian Export Promotion Council (NEPC). Executive Director, NEPC, Olusegun Awolowo, explained that the…
Kenyan e-commerce startup AfricaSokoni has acquired Nigeria company Bolorims to expand into the West African country via a new platform. Launched in January 2018, AfricaSokoni is an online marketplace that brings African consumers and retailers together, offering a wide…
Mr Abhay Thakur, the High Commissioner of India to Nigeria, says India’s investment relationship with Nigeria exceeds 15 billion dollars. Thakur told the Nigeria News Agency , on the sidelines of the 78th Anniversary of India Republic Day celebrations…
Rensource has raised $3 million from Proparco, with the support of the European Union under the Africa Renewable Energy Scale-Up facility (ARE Scale-Up). Rensource, the first beneficiary in the program, will use the funding to contribute to facilitating energy…
Tomato Jos, an agricultural production company, says it has “commenced” a $5 million tomato processing plant in Kaduna state. The company, which operates a commercial farm system, made the announcement via its Twitter handle on Monday. “Today, the…
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