Nigeria is one of the most populous countries in Africa with over 200 million people. The country is blessed with vast resources and faces numerous challenges in achieving a sustainable development and combating climate change. However, these challenges present ample opportunities, particularly in its carbon markets. The good side of the current global challenge is […]
Kenyan Government Officials Spend Billions of Taxpayer’s Money on Travel
In a report from the Control of Budget, it has been unveiled that government county officials across Kenya have spent a staggering Ksh 17.5 billion on travel in the fiscal year ending June 2023. This sizeable sum is divided into domestic travel within the counties, amounting to Ksh 15.3 billion, and foreign travel, which accounted […]
Fuel Consumption Drops as Kenyans Keep their Cars at Home
Fuel consumption in Kenya has dropped to its lowest levels in over five years, excluding the Covid-19 pandemic period, as the high pump prices have deterred motorists and kept vehicles off the road. Official data reveals a sharp decline in the consumption of super petrol, dropping by five percent to 1.01 billion liters from 1.074 […]
Nigeria Grapples with Currency Volatility as US Deputy Secretary calls for Economic Reforms
Nigeria, a nation at the crossroads of economic challenges, faces a dual struggle with exchange rate volatility and the imperative to attract foreign investments. These developments have garnered attention on the global stage, with experts and officials weighing in on the country’s economic future. Naira-Dollar Rate Volatility The exchange rate between the Nigerian naira and […]
Has Journalism In Kenya Been Compromised: Departures Into Politics And Entrepreneurship
In Kenya, the field of journalism has long been perceived as an influential and coveted profession, with journalists wielding significant power to shape public opinion. Journalists are seen as the gatekeepers of information, tasked with the crucial role of informing the public and holding those in power accountable. However, recent times have seen a wave […]
Passport Backlog in Nigeria Now a Story of the Past as 60,000 Passports Were Produced in 4-Days! What A Miracle!
In a remarkable feat to tackle a daunting passport backlog crisis in Nigeria, Nigeria’s Immigration Service (NIS) have cleared a staggering 60,000 applications in just four days. This comes in response to a directive from Olubunmi Tunji-Ojo, the Minister of Interior, who had called for the clearance of over 200,000 pending passport applications within two […]
Africa Climate Summit concludes with $23 Billion in Pledges for a Greener Future
The inaugural Africa Climate Summit which held in Kenya concluded with a commitment to green initiatives, as President William Ruto of Kenya announced $23 billion in pledges for sustainable projects into the continent. The summit’s “Nairobi Declaration” issued a clarion call for urgent climate action, including advocating for global carbon pollution taxes, phasing out coal, […]
In Need of Quick Loans? Ensure You Avoid these 37 delisted loan apps by FG
Taking a resolute step to protect consumers, the Federal Government has cracked down on illegal loan apps, delisting a total of 37 of these unscrupulous platforms. This development signifies the government’s commitment to safeguard its citizens on the significant increase in the number of fully approved loan apps, which has now grown to 164 from […]
Nigeria secures $14bn investment at the Nigeria-India Presidential Round Table and Conference
Following the current realities in the country with fuel subsidy removal and inflation figures at 24.08%, although projected to still rise significantly by the end of 2023, the Nigerian government in a series of current global partnerships is in a race to attract more foreign direct investments into the country. On a visit to India […]
Debt-for-Nature swaps to finance Climate Action In Africa
At the event, top African experts call for more innovation, partnerships and government reforms to unlock billions in climate finance. With Africa requiring over $300 billion annually for climate adaptation, policymakers and government officials meeting at a high-level event on the sidelines of the Africa Climate Summit in Nairobi, have called for the implementation of […]