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Diezani Alison-Madueke has publicly reflected on one of the most controversial chapters in Nigeria’s political and energy history, describing the corruption allegations against her as a devastating attack on her reputation, integrity, and decades of professional achievement. Speaking publicly for the first time since her lengthy legal ordeal in the United Kingdom, the former Nigerian Minister of Petroleum Resources said the accusations left lasting emotional and psychological scars....
Kenya and the European Union are moving their relationship into a new phase focused on trade, investment, digital transformation and sustainable economic growth. President William Ruto held talks with European Commission President Ursula von der Leyen, where both leaders reaffirmed their commitment to expanding cooperation and unlocking new economic opportunities between Kenya, Europe and the wider African market. The discussions centered on strengthening the Kenya-European Union Economic Partnership...
Africa’s three largest economies—Nigeria, Egypt, and South Africa—collectively generate economic output that now sits in rare comparison with the estimated $1.1 trillion fortune linked to Elon Musk. The contrast highlights how modern tech wealth has scaled at a pace that even national economies struggle to match. South Africa leads the continent with annual output estimated at roughly $470 billion to $480 billion. Egypt follows closely with about $430...
The African Development Bank (African Development Bank) has committed $125 million to African Trade and Investment Development Insurance (ATIDI), positioning itself as the largest shareholder in a strategic push to transform how infrastructure and private investment flow across Africa. The deal signals a sharper shift in Africa’s development finance model. Rather than relying heavily on shrinking foreign aid, the AfDB is moving to mobilize domestic capital and institutional...
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