sector

Examining the Rise of the Informal Economy in Zimbabwe: A Call for Action In a revealing milestone for Zimbabwe’s economic landscape, the nation's inaugural economic census has shed light on a significant and often overlooked aspect of its economy: the informal sector. The results are nothing short of striking. They paint a vivid picture of how deeply embedded informal enterprises have become in the fabric of everyday life for many Zimbabweans. Have you ever stopped to ponder how much of our daily commerce remains…

Nigeria's Steel Industry: A New Dawn on the Horizon In an exciting move towards revitalizing its steel industry, the Nigerian Minister of Steel recently revealed significant developments during a press conference held on Thursday. This event marked the official announcement of the inaugural National Steel Summit, which is set to take place from July 16-17, 2025, at the Nigerian Airforce Conference Centre in Abuja. This summit stands as a pivotal moment for Nigeria, as it aims to address longstanding challenges facing the…

The military government of Mali is embarking on an ambitious campaign to consolidate control over its gold industry, a sector long dominated by foreign enterprises. Recent developments suggest a significant shift, characterized by a decisive push to reclaim authority from multinational operators, particularly in light of support from Russia. The junta's actions signal a broader intent to stimulate local processing capabilities, moving away from reliance on foreign entities. In a striking move, a Malian court recently…

Highlights from the Eighth Ministerial Press Briefing in Abuja The eighth edition of the Ministerial Press Briefing Session took place at the National Press Centre in Abuja, Nigeria, where a lively discussion unfolded. At the heart of it was Hannatu Musawa, Nigeria's Minister of Arts, Culture, and the Creative Economy. With palpable enthusiasm, she unveiled a groundbreaking bilateral initiative between Nigeria and France aimed at bolstering the creative economy. This partnership signifies a pivotal step toward a more…

Guinea's Ambitious Mining Reforms: A Turning Point for National Development In a significant move, Guinea has embarked on a comprehensive reform initiative aimed at transforming its mining sector. This effort strives not only to rectify regulatory violations but also to enhance revenue collection and ensure that its vital mining activities align more closely with national development aspirations. The stakes are high, and the implications of this transformation could resonate throughout the nation. Recent…

An Exciting Leap for Nigeria’s Oil and Gas Sector The recent commissioning of the Monarch Alloys Limited facility, which boasts cutting-edge 3LPE (three-layer polyethylene) and concrete weight coating capabilities, has captured the attention of industry leaders and stakeholders alike. Mr. Felix Ogbe, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), was quick to commend the leadership of Monarch Alloys Ltd for this significant achievement. It marks a pivotal moment in Nigeria’s…

In an exciting move to enhance its gas sector regulatory framework, the Nigerian Government has partnered with the United Kingdom's Office of Gas and Electricity Markets, also known as Ofgem. This collaboration marks a significant step forward, underscoring the importance of a robust regulatory environment in promoting sustainable growth within the nation’s energy landscape. The partnership was formalized during a high-profile meeting in London, which brought together Nigeria’s Minister of State for Petroleum Resources…

Cairo (AX) — This past Tuesday, a significant meeting took place in the vibrant heart of Cairo, where a high-level Somali delegation had a productive dialogue with General Osama Sayyid, the Secretary-General of Egypt’s Council of Ministers. This gathering aimed to foster and enhance bilateral cooperation in the realms of public sector development and institutional reform. The discussions underscored a shared vision: strengthening the bonds between Somalia and Egypt. At the core of these talks was the aspiration to modernize…

The expansive world of Africa's palm oil industry is swiftly evolving, with sustainability sitting squarely at the core of its transformative potential. Enter Eur Ing Hong Wai Onn, the innovative mind behind the Research Institute for Sustainable Excellence and Leadership (RISEL). As a chartered chemical engineer and environmentalist, Hong offers a radically inspiring perspective on how the process of biomass valorization might just hold the key to revolutionizing the sector continent-wide. Do we dare to dream big…

A Woman’s Journey: Transforming Tradition in Niger's Dairy Industry Mogadishu (AX) — When you think of economic powerhouses, you might not immediately consider camel milk. Yet, in Niger, a nation where nearly 90% of the workforce is supported by livestock farming, one visionary woman is turning the humble camel into a symbol of progress and prosperity. Wouro Habsatou Aboubacar stands as a beacon of change. From the arid expanses of Niger, she has built a bustling business centering around camel…