Author: Victor Olayiwola

Major milestones across the MSGBC basin are accelerating the region’s rise as a leading African energy hub, with the Greater Tortue Ahmeyim (GTA) LNG project commencing commercial operations and Senegal’s Sangomar oilfield coming online. These achievements mark a decisive shift in the basin’s capabilities, positioning the MSGBC region as a growing exporter of both gas and liquids while attracting new waves of international investment. Yet as production scales upward, the region’s long-term competitiveness will hinge not only on what is produced, but on how efficiently those resources can reach global markets. The upcoming MSGBC Oil, Gas & Power 2025 conference…

Vodacom Group (www.Vodacom.com), a leading pan-African telecommunications group, today announced a transaction that would significantly increase its ownership in Safaricom, reinforcing its commitment to the East African markets of Kenya and Ethiopia. Under the terms of this transaction, Vodacom has entered into an agreement with the Government of Kenya to acquire 15% of Safaricom PLC and an additional 5% from Vodafone at KES34 per share, valuing the deal at $2.1 billion (R36 billion). Should the transaction receive requisite approvals from regulatory and governmental authorities in Kenya, Ethiopia and South Africa, this will see Vodacom’s stake in Safaricom – which will remain…

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a €17.71 million loan to support the second phase of Cabo Verde’s E-Governance and Public Financial Management Reform Programme. The Bank’s Board of Directors approved the financing on Monday, continuing support that began last year as the island nation seeks to leverage technology for economic growth and administrative efficiency. “The aim of this budgetary support, building on the assistance provided last year, is to stimulate economic growth through digitisation and private-sector competitiveness, while advancing e-governance reforms to modernise public administration and consolidate public finances,” said Abdoulaye Coulibaly,…

The organisers of the 13th GAH Awards and Business Summit have officially announced key dignitaries and thought leaders who will grace this year’s highly anticipated event. Among the notable personalities expected are Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo; renowned human rights advocate, Femi Falana (SAN); and the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, reaffirming the summit’s growing influence across the continent. The announcement was made during a press briefing held in Lekki, Lagos, where the convener of the GAH Awards and founder of GMYT Group Limited, Dr. Kelechi Oghene, addressed media representatives alongside distinguished industry professionals.…

The long-anticipated return of the Lagos International Trade Fair has become a defining moment for Nigeria’s commercial landscape, reigniting Lagos’s reputation as a dominant trading centre and gateway for regional commerce across West Africa. Speaking with Business Insider Africa, Barrister Vera Safiya Ndanusa, Executive Director of the Lagos International Trade Fair Complex Management Board (LITFCMB), described the fair’s comeback as a major victory for the nation’s business community and a catalyst for renewed economic activity. Ndanusa highlighted that the fair acts as a crucial marketplace where entrepreneurs, manufacturers, and innovators can converge under one roof. With exhibition spaces offered at…

For years, discussions around technological innovation in Africa were framed in terms of future potential — possibilities waiting to be unlocked someday. Today, that narrative has shifted dramatically. Innovation on the continent is no longer theoretical; it is actively unfolding, shaped by Africa’s own social dynamics, economic realities, and local challenges. A new generation of founders, investors, and policymakers is building an ecosystem that does not simply borrow dominant global models. Instead, Africa is redefining them, and the world is taking notice at Emerging Valley, where these ideas and innovations converge. During the 9th edition of the event, held on…

Paramount Africa has officially announced that it will cease all operations by the end of December 2025, bringing to a close more than twenty years of broadcasting and media production across South Africa, Nigeria, and the wider continent. For decades, the company served as one of Africa’s most recognisable entertainment brands, reaching over 100 million viewers in 52 territories and offering a diverse catalogue of youth culture, music, comedy, and children’s programming. However, the broadcaster has now become one of the casualties of a major global restructuring effort initiated by its parent company, Paramount Global. The division is well-known for…

In November 2025, Tony O. Elumelu, CFR, renowned entrepreneur and Founder of the Tony Elumelu Foundation, participated in a major dialogue at CNN’s Global Perspectives on Africa event held in London. The session, moderated by CNN’s Eleni Giokos, also featured Lady Lynn Forester de Rothschild, Founder and CEO of the Council for Inclusive Capitalism. Together, they explored the growing impact of Africapitalism and the emergence of a new, more inclusive global economic model shaped by African perspectives. The discussion focused on how Africa’s private sector and its rising generation of entrepreneurs are driving sustainable development, building stronger communities, and influencing…

GTR Africa London is set to return on November 12, 2026, reaffirming its position as the United Kingdom’s leading platform for discussions centered on Africa’s trade, export, and infrastructure financing landscape. As one of the most anticipated events on the international trade calendar, the conference continues to serve as a critical hub for connecting global stakeholders who are shaping the future of African commerce. The 2026 edition is expected to welcome over 500 delegates, including senior representatives from major banks, multinational corporations, export credit agencies, development finance institutions, insurers, and investment bodies. With more than three hours of structured networking…

The BusyBee Event Business Summit has taken a significant step toward expanding its regional footprint by forming a new international partnership with the Sofitel Cotonou Marina Hotel & Spa. This collaboration marks a major milestone in BusyBee’s ongoing mission to strengthen the events, tourism and hospitality landscape across West Africa. The announcement was made during the recently concluded 9th edition of the BusyBee Event Business Summit, held in Abuja. According to the summit’s convener, Bisi Sotunde, the partnership highlights the increasing global recognition the platform is receiving and reflects its commitment to intensifying cross-border connections within the industry. As part…