As global upstream capital tightens, the Africa Energy Bank is stepping in to unlock risk capital, crowd in partners and accelerate frontier exploration across Africa’s oil and gas sector January 30, 2026/African Energy Chamber While global exploration and production capital expenditure is set to reach $504 billion in 2026, the […]
World News
Nigeria’s Growing Role in Global Development Procurement
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 […]
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 […]
