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Business Insider Africa

How Nigerians are Reacting to the New Naira Design After 2 Decades

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Last month, the governor of the Central Bank of Nigeria, Godwin Emefiele, announced that the Naira would be undergoing some design changes, and asked Nigerians to brace up for an overhaul. In his announcement, Emefiele noted that the…
The Africa Report

Nigeria Approves 1,650MW Hydropower Project, Official Says

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Nigeria has approved the construction of a 1,650MW hydropower plant at a cost of $3bn, making it one of the single biggest power projects in the country, the vice president's spokesperson said on Tuesday. It comes as private sector financing…
Africa Business Website

Shell enters Africa renewable energy market with Daystar acquisition

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  UK-headquartered oil giant Shell has acquired Daystar Power, a Nigeria-based provider of hybrid solar power solutions to commercial and industrial businesses, as it launches its renewable power presence in Africa. The deal,…

Nigeria: I3 Supports 30 African Start-Ups With $50,000 for Innovations

Investing in Innovation (i3), a pan-African support initiative for African health supply chain start-ups, has announced its first cohort of 30 start-ups from 14 countries in Africa, as efforts to jump-start a new way of doing business and…