Author: Victor Olayiwola

The 46th edition of Big 5 Global opened its doors today at Dubai World Trade Centre, bringing together international exhibitors, buyers and industry leaders for four days of product showcases, knowledge sharing and on-site collaboration, catering to the region’s $9.18 trillion construction projects pipeline (Source: Ventures Onsite). Day one set the pace with active halls, packed sessions and strong participation across all features. UAE Ministry of Energy and Infrastructure delivers opening keynote Industry leaders, economists and policymakers converged at the Big 5 Global Leaders’ Summit to examine how markets are shifting and what it will take to keep construction supply…

Kaspersky (www.Kaspersky.co.za) in collaboration with VDC Research announced that in the first three quarters of 2025 ransomware attacks on manufacturing organisations could have generated over $18 billion in losses. This figure reflects just the direct cost of an idle workforce during downtime, with overall operational and financial impacts far exceeding this amount. Estimations were made across APAC, Europe, the Middle East, Africa, CIS and LATAM based on the share of manufacturing organisations where ransomware attempts were detected and prevented, the total number of manufacturing organisations in each region, average downtime hours after real attacks, average number of employees per organisation…

Nigeria has strengthened its call for Africa to obtain permanent, veto-wielding representation on the United Nations Security Council, insisting that meaningful reform of global governance structures has been delayed for far too long. The renewed push was delivered by President Bola Ahmed Tinubu during the first plenary on Peace, Security, Governance and Multilateralism at the 7th African Union–European Union Summit held in Luanda, Angola. Speaking on behalf of the President, Vice President Kashim Shettima emphasized that any modern global system must reflect the political and demographic realities of the 21st century. He stressed that African nations—home to over a billion…

LAGOS, Nigeria, 25 November 2025 – /African Media Agency (AMA)/ – African Business Stories (ABS) has officially rolled out its first-ever Scale Ready Bootcamp in Lagos, marking a major step toward strengthening the pipeline of women-led enterprises capable of scaling across Nigeria, Africa, and global markets. The initiative, held on 7 November 2025, followed a high-level morning Roundtable at Microsoft Nigeria themed “Positioning for Scale in Nigeria and Beyond.” This gathering brought together influential voices from government, finance, and the private sector, including Lagos State Commissioner for Commerce, Cooperatives, Trade & Investment, Hon. Mrs. Folashade Ambrose-Medebem; Mr. Gbenga Oyebode, MFR,…

Nigeria’s education system faced intense public outcry earlier this year when the West African Examination Council (WAEC) released the initial 2025 O’Level results, revealing that just 38.32% of candidates secured a passing grade. The announcement triggered nationwide debate as critics questioned the dedication of students, the competence of schools, and the overall state of the educational sector. Although WAEC later clarified that a system malfunction had distorted the first set of results—revising the pass rate to slightly above 60%—the episode reinforced a reality many already knew: secondary school learning in Nigeria requires urgent reform. It is within this context that…

The Nigerian government, under President Bola Ahmed Tinubu, has once again reasserted its firm opposition to the increasing deployment of private military and security companies in African conflict zones. According to Tinubu, the involvement of these non-state actors poses a direct threat to national sovereignty, weakens coordinated regional security responses, and often complicates the work of legitimate state forces. Speaking during the first plenary session on Peace, Security, Governance, and Multilateralism at the 7th African Union–European Union Summit in Luanda, Angola, Tinubu—represented by Vice President Kashim Shettima—warned that Africa cannot allow its security architecture to be outsourced to private interests.…

British International Investment (BII), the United Kingdom’s development finance institution and a major global impact investor, has partnered with FirstRand, one of Africa’s largest and most influential financial groups, to launch a $150 million financing facility dedicated to expanding Transition Finance across the African continent. The initiative aims to accelerate climate-aligned transformation in key sectors while helping African economies pursue growth, industrialization, and job creation. Transition Finance is increasingly recognized as a crucial tool for supporting high-emitting but economically indispensable industries as they shift toward cleaner and more sustainable operations. Rather than limiting financing to already low-carbon sectors, Transition Finance…

President Lourenço,Chairperson Youssouf,Distinguished guests, It is a privilege to open this Africa–Europe Summit with the Business Forum, a gathering that represents the heartbeat of our partnership. Businesses are not only drivers of trade, investment, and economic activity—they are engines of opportunity. They create livelihoods, transfer skills and knowledge across borders, and build the foundations of the jobs and industries of the future. Today’s forum is therefore about strengthening the ties that connect our companies, our economies, and ultimately our people. Since our last Summit in 2022, the global landscape has become more turbulent. Yet despite the challenges, the relationship between…

From 25 to 30 November 2025, the AFRICA24 Group (https://Africa24TV.com) will provide exceptional coverage of the 14th edition of the International Forum for Dynamic Entrepreneurial Women (FIED), under the theme ‘The role and impact of women on industrialisation and the promotion of local products’ and under the High Patronage of Captain Ibrahim Traoré, President of the Transition of Burkina Faso, Head of State. This forum is a pan-African platform dedicated to the economic empowerment of women and the development of African economies. FIED 2025: A major event in several stages: The Night of Merit: Rewards innovative companies and economic players who are changing…

Wingu Africa (www.Wingu.Africa), a leading carrier-neutral data centre operator in East Africa, is pleased to announce a strategic colocation partnership with Ethiopian Electric Utility (EEU). Under this collaboration, EEU has deployed critical infrastructure within Wingu Africa’s Tier III-certified facility in Addis Ababa, ensuring greater reliability, security, and efficiency for its digital operations. This milestone marks a major step forward in EEU’s digital transformation journey. By hosting its infrastructure within Wingu Africa’s state-of-the-art colocation environment, EEU is enhancing the resilience of its digital services and positioning itself to better serve millions of customers across Ethiopia. The implementation was completed seamlessly, with…