Nigeria’s new Lekki port has doubled cargo capacity, but must not repeat previous failures


Three-quarters of the world is covered by water and up to 90% of world trade is seaborne. Seaports and shipping are critical to the conduct of global trade. Africa has relatively few natural harbours that offer shelter and are deep enough to take big vessels. Along the Atlantic coastline of West Africa, for instance, natural harbours exist only at Freetown […]

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BUA Foods: Why Bet on Nigeria’s Newest FMCG conglomerate


Nigerian capital markets started 2022 with an injection of NGN 720 bn ($1.8bn) following the listing of BUA Foods on the main board of the Nigerian Stock Exchange (NSE). The new company is the result of the consolidation of several of Abdulsamadu Rabiu’s businesses under BUA International, a conglomerate he founded in 1988. While BUA […]

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Erdoğan’s African tour: a win-win partnership?


On Sunday, Turkish President Recep Tayyip Erdoğan began his African tour which will take him to Togo, Nigeria and Angola. The visit will marked by trade and security agreements, but it also takes place in a context of tensions involving other powers, in particular France. This will be the 15th time Erdoğan has stepped on […]

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In Kyé-Ossi, a women-led trade fair encourages regional integration


Authorities in three Central African countries of Cameroon, Gabon and Equatorial Guinea, officially launched the annual CEMAC Cross-Border Fair (FOTRAC) In August with the aim of stimulating economic activities in a region hard hit by the Covid-19 pandemic. Spread over ten days, the fair in the CEMAC zone is organized in the Cameroonian city of […]

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