January 30, 2026/CSL Update Nigerian firms securing over 6,800 World Bank–financed contracts valued at approximately US$2.5 billion in the past five years, the country is increasingly transitioning from a passive recipient of development aid to an active participant in the global procurement ecosystem. The concentration of these contracts in critical […]
World News
Dangote, China’s XCMG Seal Strategic Partnership on Infrastructure, Mining and Green Equipment
Janaury 30, 2026/Dangote Group The Pan-Africa Conglomerate, Dangote Industries Limited has entered into a strategic cooperation agreement with XCMG Construction Machinery Co. Ltd, one of China’s leading construction and mining equipment manufacturers, in a move aimed at strengthening infrastructure delivery, industrial capacity and green project development across Africa. Under the […]
S&P Global Assigns ‘A/A-1’ Ratings with a Positive Outlook to AFC Reflecting its Robust Credit Profile
The agency pointed in particular to AFC’s capacity to structure and execute complex transactions, and to deploy capital across priority sectors where private financing alone is often insufficient January 29, 2026/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today welcomed the assignment of ‘A’ long-term and ‘A-1’ […]
