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Business

Nigeria-Non-Oil-Exports-2025

Nigeria’s non-oil Exports to ECOWAS Totaled 663 million Metric Tons in the First Half of 2025

Nigeria’s non-oil exports hit 663M metric tonnes to ECOWAS and 488M to other African nations in H1 2025, boosted by AfCFTA, with Indorama Eleme and Starlink Global leading, supported by NEPC’s training for 27,000+ Nigerians.

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Nigeria-economic-growth

Nigeria’s Tinubu Aims for Growth to Increase from 3.1% to 7% by 2027

President Tinubu aims for 7% economic growth in Nigeria by 2027 through reforms enhancing stability and investment, despite challenges like subsidy cuts and currency devaluation impacting prices.

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Bishoftu-International-Airport

Signing the Financing Agreement for Bishoftu International Airport in Ethiopia

Ethiopia and the African Development Bank signed a $10 billion deal on August 11, 2025, to finance the Bishoftu International Airport, aiming to make Ethiopia a global aviation hub with a capacity for 110 million passengers, aligning with the African Union’s Agenda 2063.

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Trump-Tariffs-South-Africa

African Nations Seek to Renegotiate Trump-era Tariffs due to Concerns Over Potential Economic Consequences

President Trump’s new tariffs, with South Africa facing a 30% rate and Lesotho a 15% rate, threaten unemployment and the clothing sector, prompting negotiations by South Africa, Botswana, and Lesotho to secure better trade terms.

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Ethiopian-Airlines-revenue-2025

Ethiopian Airlines Generated $7.6 Billion in Annual Revenue

Ethiopian Airlines achieved a record $7.6 billion revenue in 2024/2025, serving 19.1 million passengers, expanding to 145 destinations, and planning a new mega airport southeast of Addis Ababa to meet growing demand.

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