INTERN AT BRITISH HIGH COMMISSION, NIGERIA

british high commission

The British Government is an inclusive and diversity-friendly employer.  We value difference, promote equality and challenge discrimination, enhancing our organisational capability. British High Commission is looking for Intern to work in the Oil and gas sector in Nigeria. JOB DESCRIPTION The Intern who will be based in the UK Government’s trade team in Lagos is to support the Head of Energy. He will focus on maximising the export of British goods and services to the…

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PEG AFRICA COMPLETES US$25m SERIES C FUNDING

PEG Africa raises US$25 million Series C funding

PEG Africa raises US$25 million Series C funding to boosts its off-grid solar expansion in West Africa A solar company PEG Africa, who provides pay-as-you-go (PAYG) solar services in West Africa; have raised a US$25 million Series C funding. This have now taken its funding total to US$50 million. PEG Africa provides useful productive and essential assets, such as solar home systems, to undeserved households in West Africa. It also provides credit for these assets via its pay-as-you-go (PAYG)…

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ANALYSIS OF PRESIDENT TRUMP’S STATE OF THE UNION ADDRESS

In President Trump’s State of the Union Address message, we analysed the international agenda of the U.S. in relation to the rest of the world – Africa. The second State of the Union Address was delivered today (6 February 2019, 3:00 am WAT) by President Donald Trump. This annual message is delivered at the beginning of the year by the president in a joint session of the congress. The message gives a sense of direction of what…

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AfCFTA – WORLD’S BIGGEST SINGLE MARKET IN AFRICA

Ethiopia becomes 18th country to ratify the African Continental Free Trade Area (AfCFTA). This comes ahead of the 32 Ordinary Session of the Assembly of the African Union. Which will hold on the 10 – 11 of February 2019 in Addis Ababa, Ethiopia.   African Continental Free Trade Area (AfCFTA) is an initiative launched on March 21, 2018 by the assembly of the African Union. This launching was at the extraordinary Summit in Kigali, Rwanda. The…

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BEST COUNTRIES TO INVEST IN AFRICA 2019

RMB  gives report on best countries to invest in Africa for 2019 Many investors are in search of the best countries to invest in Africa; as Africa is fast rising to become a very fertile investment destination. The continent is in dire need of roads, rails, ports, airports, power grids and IT systems. All of these do not only form the infrastructure needed to help grow the African economies; but they also serve as investment…

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Sub-Saharan Africa raised US $18.6 billion in 2018

Sub-Saharan Africa (SSA) economies in 2018 tapped more into the Eurobond market, increasing by 77 percent the amount they raised from off-shore sources as they sought to access cheaper funds to meet domestic needs, United Capital Research says. The countries raised US $18.6 billion last year, from $10.5 billion they issued in 2017, United Capital, a leading African financial and investment services company in Nigeria, said in a 2019 outlook report released recently. BusinessDay analysis of…

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US ANNOUNCES NEW AFRICA POLICY

The United States yesterday outlined its Africa strategy by reiterating its commitment to strong partnerships with key countries in Africa, specifically naming Kenya as a target for future US aid and investment. The US said it would also seek to promote intraregional trade and commercial ties with its African allies, shifting its focus from “indiscriminate aid” to one of trade and investment and positioning itself as a more sustainable alternative to what it termed “predatory”…

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Battle for influence in African infrastructure lending

China and United States to battle for influence in African infrastructure lending   New research from global law firm Baker McKenzie with data provider IJGlobal shows that development finance lending from state-backed institutions is the most important component of infrastructure funding in sub-Saharan Africa. The battle for influence on the continent between Development Finance Institutions (DFIs) and Export Credit Agencies (ECAs) from China and the United States is set to heat up over the next decade…

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MALI TO OPEN US$139m 90MW POWER PLANT NEXT WEEK

Mali to open its 90MW power plant next week

Mali’s 90MW power plant to go online by next week Mali’s first independent power project, a 90MW power plant will become active by next week. The 90MW plant costs about US$139.06-million (€122-million), and will also help drive foreign investment in the West African country. It’s location is in the gold-rich southwest region of the country. Precisely near the town of Kayes, not far from the border with Senegal. Mali have about 350MW of installed power…

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Communications Analyst Vacancy At Deloitte, Nigeria

The Deloitte purpose is about making an impact that matters to our clients. Our extensive service spectrum enables us to help clients become leaders wherever they choose to compete. Deloitte is committed to investing in our people and empowers them to achieve more than they could elsewhere. Our work combines advice with action and integrity. We believe that when our clients and society are stronger, so are we. Our professionals are unified by a collaborative…

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DANGOTE: NIGERIA’S MOST VALUABLE BRAND 2018

Dangote most valuable brand in Nigeria 2018

Dangote ranks most valuable brand in Nigeria for 2018. Brand Nigeria after a survey have named Dangote, Nigeria’s multinational industrial company the most valuable brand in Nigeria for 2018. This is coming barely three months after Dangote was also declared the most admired brand of African origin by consumers. Dangote top 49 other brands to become the most valuable brand in Nigeria. This is the first time since 2013 a Nigerian brand is achieving this feat. According…

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TANZANIA MORE FAVORED WITH THE US$ 175bn GAS ROADMAP PROJECT

Tanzania will benefit from US-led initiative to invest in gas plants in Africa. US companies will invest US $175 bn in gas power projects in Tanzania and eight other African countries. Other countries include Kenya, Côte d’Ivoire, Ghana, Nigeria, Senegal, Angola, Mozambique and South Africa. The countries were picked for there large populations, high gross domestic product. As well as there local gas resources or are planning liquefied natural gas (LNG) import projects. Hence, the…

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WHY AFRICA NEEDS MORE AGRITECH ENTREPRENEURS

agritech

WHY AFRICA NEEDS MORE AGRITECH ENTREPRENEURS Agriculture is the biggest employer in Africa with about 70% of the population depending on it to make a living. Agriculture contributed to about 32% of Africa’s GDP as at 2016. Growth in this sector is 11 times more effective in reducing poverty than growth in any other sector. The agricultural value chain is to add more jobs than any other sector in countries such as Ethiopia, Malawi, Mozambique, Tanzania, Uganda, and…

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AFDB INVESTS US $12Bn IN NIGERIA POWER SECTOR.

The African Development Bank has revealed plans to invest US $12bn in Nigeria’s energy programme. AfDb President Akinwumi Adesina,confirmed the statement during the inaugural edition of the Africa Energy Market Place.  Therefor there is need to act speedily to accelerate the plans to light up and power Africa. “The bank has made a US $12bn investment commitment to its new deal on Energy for Africa programme. Sub-Saharan Africa currently has 14 % of the world’s population and…

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Senior Associate Vacancy At DELOITTE, NIGERIA

Deloitte is the largest private professional services network in the world. Every day, approximately 263,900 professionals in more than 150 countries demonstrate their commitment to a single vision: to be the Standard of Excellence, while working towards one purpose – To make an impact that matters.                                 Deloitte West Africa is a cluster of Deloitte offices that joined together to provide seamless cross-border services to our clients in the region and to pass on the…

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IVORY COAST RIPS OFF 100 000 HECTARES OF COCOA TREE TO STOP VIRUS.

100 000 hectares of affected cocoa tree to be ripped off will affect the nations production.  The world’s biggest cocoa producers, Ivory Coast plans to bring down 100 000 hectares of cocoa tree to stop the spread of a plant virus called swollen shoot. The effected trees are at the main source  which include the southwest and west of the country. The  strategy was brought up by Gneneyeri Sileu who is in charge of  plant…

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LICENCE GRANTED TO ZIMBABWE WOMEN’s BANK.

Zimbabwe Women’s Bank granted licence by Reserve Bank of Zimbabwe to operate fully. The Reserve Bank of Zimbabwe (RBZ) has authorized and  issued license to the awaited women’s bank. Hence, with this development the bank operations will be kick-off by the end of this month. The lunching of Zimbabwe Women’s Micro-finance Bank  is a step forward for a new dispensation in the financial institution. It has taking a long time for them to get to…

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WHY FORBES AFRICA 30 UNDER 30 IS INSPIRING YOUNG AFRICANS

Forbes release list of Africa 30 under 30 young African entrepreneurs.  In Africa, Youth often see themselves as tools that will never grow due to the mindset that was pass down from generation. They have the passion to excel but are still having the same small mindset. I sometime believe that if we can turn that passion and redevelop our mindset then the sky is our limit. Mindset is a powerful tool that needs to…

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THE SINGLE AFRICAN AIR TRANSPORT MARKET SET TO GO.

The Single African Air Transport Market (SAATM) concept will unite African aviation sector and foster economic growth.  The concept of SAATM is on the track, as 26 African Countries have agreed to the idea. Plans to internationalize SAATM are on track, hence a meeting set to take place at Togolese capital, Lome. Countries to have signed the commitment include: Benin, Burkina Faso, Botswana, Cape Verde, Ivory Coast, Egypt, Ethiopia, Gabon and Ghana. Guinea, Kenya, Liberia, Mozambique,…

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NIGERIA CAN SAVE US$800m FROM FISH IMPORTATION.

Nigeria can save US $800m (N288 billion) yearly from fish importation if the ocean resources are tapped. Research shows that Nigeria can save US $800m from the money spent on fish importation yearly. This will be possible if the nation’s deep ocean resources are developed and utilized. The Director/Head, Fisheries Resources Department, Nigeria Institute for Oceanography and Marine Research, Dr. Parcy Ochuko Obatola, said Nigeria is naturally endowed with a lot of marine resources. These…

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