production

Imagine starting every day knowing that your nation is one of the powerhouses of oil production in Africa. Nigeria, for instance, has always held a pivotal role in this delicate dance of numbers and barrels. Just in March, Nigeria's oil production averaged about 1.40 million barrels per day (mbpd). If we flip back a page to the previous month, February, there was a slight uptick, with production averaging 1.465 million barrels per day. Interesting how these small fluctuations can tell a story, isn’t it?…

Niger Delta: A Complex Paradox of Wealth and Poverty The Niger Delta, a vibrant oil-producing region in Nigeria, is both a source of immense national wealth and a ground of profound challenges. Here, in this lush expanse, lie contradictions as deep as the oil reserves below: prosperity marked by neglect, opportunity shadowed by environmental decay. How did such a resource-rich area become embroiled in a saga of struggle? The oil sector, undeniably, is the lifeline of Nigeria's economy. It has catalyzed economic growth,…

Mogadishu (AX) – The winds of change are sweeping across Somalia’s economic landscape, spearheaded by promising news from the Somali Minister of Petroleum and Mineral Resources, Dahir Shire Mohamed. With a tone that mingles optimism and realism, the Minister has announced the near completion of oil exploration activities being conducted by a Turkish enterprise. This significant development may well place Somalia on the map of the world's oil producers by late this year or perhaps the onset of 2026, showcasing a daring leap…

Prime Minister Abiy Ahmed Charts a New Course with UAV Drones In a small East African country brimming with ambition and innovation, a remarkable stride has been made. Recently, the visionary Prime Minister, Abiy Ahmed, unveiled plans that not only cater to local needs but aim to extend beyond borders. Yes, the manufacture of UAV drones is not just a tale of regional development but one of global potential. Saturday was a day filled with anticipation and excitement, as the Prime Minister…

Nigeria's Sweet Future: The Cocoa Revolution Nigeria's cocoa industry is standing at a crucial juncture, teetering on the brink of transformation. Leading the charge in this dynamic shift is Johnvents Group, a beacon of innovation and sustainability in agriculture. With inclusivity and a laser-focus on strategic growth, Johnvents is masterminding a new era for Nigerian cocoa, a story vividly unfolding through its budding alliance with British International Investment (BII) in Premium Cocoa Products (Ile-Oluji), a proud…

Imagine a scene in bustling Nigeria—a nation teeming with potential yet deeply entrenched in traditional agriculture. Amidst vast fields, a remarkable shift looms on the horizon. With an announcement that sends waves through the agricultural sector, Volkswagen unveils plans that encapsulate innovation and promise: e-tractors are to be introduced to Nigerian farmlands. One can't help but wonder, how transformative will this development be for the largest economy in Africa? During a significant meeting stationed within the…

Mogadishu (AX) – In a recent crackdown on swirling rumors, the National Identification and Registration Authority (NIRA) made it crystal clear that the freshly-minted national ID cards have absolutely zilch to do with Somalia's forthcoming nationwide elections using the one-person, one-vote principle. In a direct tête-à-tête with BBC Somali on a sun-drenched Sunday, NIRA’s head honcho, Abdiwali Ali Abdulle Timacade, set the record straight, emphasizing that this ambitious ID card initiative is all about offering a timeless…

Mogadishu (AX) - At the hustling heart of Mogadishu, Somalia steps gleefully towards a new dawn of progress, rolling out its long-anticipated National ID Card. Imagine unlocking not just doors, but possibilities - that’s the power of this little rectangle of promise. The National Identification and Registration Authority (NIRA) has fired the starting gun on this venture, aiming to equip citizens with a key to both essential services and their due rights. The ribbon at the launching event was snipped by none other than the…

On Wednesday, the United Nations pledged a helping hand to Somalia in a bid to ramp up investments in agriculture as part of its World Food Day celebration.The Ministry of Agriculture and Irrigation, together with the UN Food and Agriculture Organization (FAO) and the World Food Programme (WFP), hosted a gathering in Somalia’s capital, Mogadishu. The event spotlighted “food heroes” for their role in transforming the nation’s agricultural landscape, in line with the 2024 World Food Day theme: "Right to Food for a Better Life…

A high-level dialogue on the theme "Feeding Africa, leadership to scale up successful innovations". takes place over two days and ends today, at the initiative of the African Development Bank (AfDB) and the International Fund for Agricultural Development (Fida). The idea of ​​organizing this forum, which is held by video conference, arose from an observation: 246 million Africans suffer from food insecurity and this number continues to increase. In addition, the Covid-19 pandemic has highlighted the shortcomings of food…