NewsWest Africa

Wed,20Jun2018

West Africa

Nigeria's self-reliance push: lights, camera, action

 

Florian Plaucheur/AFPThe opening credits are rolling on Nigeria’s promised epic: ‘Beyond Oil Dependency’, an uplifting tale of agro-processing plants, tech innovation, manufacturing investment and a multibillion-dollar entertainment industry – starring Yemi Osinbajo and Okechukwu Enelamah

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Nigeria's trade account turns positive in 2017 after recession

Nov. 17, 2015, cars drive past an MTN advertisement on the road in Lagos, Nigeria. Photo: Sunday Alamba/AP/SIPANigeria's trade account turned positive in 2017 as a rise in oil exports outweighed imports after dollar shortages frustrated transactions, the National Bureau of Statistics (NBS) said.

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Barclays Africa lifts profit, looks to Nigeria for growth

March 1, 2016: women stand outside building used by South Africa's ABSA bank, South Africa, which is part of Barclays Africa Group. Photo: Schalk van Zuydam/AP/SIPABarclays Africa Group, South Africa's No.2 lender by market value, plans to extend its reach throughout the continent, it said on Thursday after posting annual profit up nearly 4 percent.

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Opinion: Can ‘Made in Nigeria’ be financed by foreign investors?

20180302nigeriaPresident Muhammadu Buhari made it clear when he came into office: “We will no longer allow our markets to be flooded with things we can produce ourselves. We must believe in our system. Whenever you need my intervention at any time, please come to me.”

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Ghana's energy minister: 'We must move from can't-do to can-do'

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Ghana's energy minister Boakye Agyarko is scathing about past chaos in the electricity sector, but bullish about  the future

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Ghana seeks solutions to power woes for economic growth

 
 

18716.HRGhana’s lights are back on, but the chaos is not over. President Akufo-Addo’s government must address a legacy of emergency power plant commissions and costly over-production if it is to embrace the opportunities for growth

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