Special

A new financing facility provided by the Nigeria Infrastructure Debt Fund (NIDF) will open up access to affordable clean energy in Nigeria Wednesday 21 February 2024 – d.light, the global provider of transformational household products and affordable finance for low-income households, and Chapel Hill Denham, the largest alternatives asset manager in Nigeria, today announced the closing of a landmark USD$7.4 million (N10 …

German companies are unsettled by the postponement of Senegal’s presidential election, originally scheduled for 25 February but which has now been shifted to 15 December. The unprecedented move has called into question the West African country’s reputation for democratic stability in a region beset by military coups. “The postponement of the elections in Senegal – and this shortly after the …

At the Italy-Africa Summit, Rome promotes its plan to create jobs and opportunity in Africa and discourage its young people from making dangerous journeys across the Mediterranean Sea. Africa demands action instead of empty promises. Italy, which has just assumed the Presidency of the G7, has unveiled a €5.5 billion plan to support African development, which it hopes will stem …

The Leona M. and Harry B. Helmsley Charitable Trust has joined Sightsavers in the global fight against neglected tropical diseases (NTDs), with a grant of US$2.19 million to help eliminate the blinding disease in Zambia. The funding was announced at the Reaching the Last Mile Forum in Dubai where a total of $777m US dollars were pledged to help fight the 21 conditions classed …

The bitter cold did not discourage the more than 100 guests from all parts of Germany from converging on Saturday 2 December in the prestigious Robert-Havemann-Hall in Rathaus Mitte in Berlin. They have come to honour The African Network of Germany e.V. (TANG), which celebrated its 10th anniversary with fanfare. TANG is the umbrella group for more than 900 African …

President Bola Tinubu of Nigeria and German Chancellor Olaf Scholz on Friday evening in Dubai, United Arab Emirates, witnessed the signing of an accelerated performance agreement aimed at expediting the implementation of the Presidential Power Initiative (PPI) to improve electricity supply in Nigeria. The agreement, consummated on the sidelines of the COP28 climate summit, was signed by Mr Kenny Anuwe, …

Germany is offering itself to African countries as a long-term and reliable economic partner. That is the message of Berlin at the G20 Compact with Africa (CwA) Conference in the German capital city this week. “Africa is our partner of choice when it comes to intensifying our economic relations and taking the common path to a climate-neutral future,” said Chancellor …

President Bola Tinubu has called for German investment in critical sectors of the Nigerian economy such as power and rail transportation. Tinubu made the call at a meeting with German Chancellor, Olaf Scholz, on the sidelines of the G20 Compact with Africa Economic Conference, on Monday in Berlin. The president said that German investment was needed in critical growth-enabling industries …

President Bola Tinubu of Nigeria is scheduled to arrive Berlin on Saturday for a three-day official visit to Germany. Among other activities, he will attend the G20 Compact with Africa (CwA) Conference, hosted by German Chancellor Olaf Scholz, on Monday (20 November). “During the conference, President Tinubu will join other Heads of State and Government of CwA member countries, bilateral …

The Federal Government of Nigeria has launched the Diaspora Housing Scheme that enables Nigerians outside the country to access up to N50 million in mortgage loans, repayable over a period of 10 years at an interest rate of 6.9%. The scheme, facilitated by the Nigerians in Diaspora Commission (NiDCOM), is to promote an active involvement of Nigerians living abroad in …

All roads lead to Berlin on Saturday 2 December when the biggest umbrella body of African associations in Germany celebrates its 10th anniversary. “This event is a special opportunity for The African Network of Germany (TANG), comprising more than 900 non-profit groups and individuals, to celebrate its successes and share its vision for the future,” the organisation said. The day …

Addis Ababa, Ethiopia – Monday, 31 October 2023 – The Global Startup Awards Africa (GSA) Africa, in collaboration with the Global Innovation Initiative Group (GIIG), the Ethiopian Ministry of Labour and Skills (MOLS), the Ethiopian Ministry of Innovation and Technology (MInT) with the support of the Entrepreneurship Development Institute (EDI) Ethiopia, revealed the names of 16 category winners at the …

The African community will gather in Hamburg on 4 November to honour youths of African descent who have excelled in their educational and training pursuits in the past year. The event, the 11th African Youth Education Awards (AYEA), will be graced by diplomats, German politicians, Hamburg officials and other guests. Initiated thirteen years ago to act against the observed low …

The 2023 Nigeria Diaspora Investment Summit will hold on 13-15 November in Abuja. The event brings together Diaspora investors and people seeking investment opportunities in Nigeria. Nigerians living across the globe are expected to converge at the annual event, convened by the Nigerians in Diaspora Commission (NiDCOM), to network for the purpose of investing in their homeland. The Summit is …

A new network to bring together industry professionals and thought leaders to foster collaboration and inspire innovation within the African business community will launch in November. Its aim is to ignite opportunities for its members —— PRESS RELEASE Alfajiri Business Networking, a dynamic and inspiring networking platform, is thrilled to announce its official launch on 16 November 2023. Under the …

From 8 to 12 November, around hundreds of exhibitors from all over the world will present their products at Bazaar Berlin, the international fair for Crafts Fair, Design, Natural Goods and Fair Trade Products. From sustainable furniture and wood accessories from Portugal or hand-printed cotton fabrics from India to Bolga baskets from Ghana – everything revolves around arts and crafts, …

The bilateral trade between Germany and Nigeria hit the €3 billion mark in 2022, German Ambassador to Nigeria, Annett Günther, has announced. This is against €2 billion recorded in 2021. The envoy, who disclosed this at a press conference in Abuja on Thursday, said Germany remains Nigeria’s second biggest partner behind the United States. ”Germany contributed a total trade volume …

Young and not-so-young Nigerians are leaving the country in droves. And the emigrants are educated citizens who possess the knowledge and skills that their homeland needs for its development. How can we turn this brain drain to brain gain? US-based Oluwatoyin Ajilore-Chukwuemeka, scholar and social entrepreneur specialising on the convergence of education, entrepreneurship, policy and development, proposes ways Nigeria can …

The African-German Doctoral Summer School took place for the first time in Hamburg from the 4th to the 9th of September 2023. Organised by Dr Taiwo Fagbemigun, Dr Adekunle Adedeji, Prof Dr Johanna Buchcik and Stella Kaltenbach with the kind support of Hamburg Research Academy (HRA) and Sozialbehörde Hamburg, the School aims to promote academic and social exchange between researchers …

The eldest daughter of Nigeria‘s President Bola Ahmed Tinubu will be honoured in the German capital city on 18 November. Chief (Mrs) Mujidat Folasade Tinubu-Ojo, an astute business woman and indefatigable social entrepreneur, will receive an award for her tireless efforts to promote trade and investment in Nigeria at the 1st Hope Renewal Africa Awards in Berlin. The event, christened …