Nigeria Archives - AfricaBusiness.com

19Nov

By Africa BusinessNo Comments

Nigeria News

TLP Advisory Celebrates 10 Years with New Report on Nigeria’s Startup Ecosystem

The report identifies talent shortages, funding challenges, and regulatory barriers as key obstacles, emphasizing the importance of strategic partnerships and policy advocacy. 51% of surveyed startups struggle to secure funding, with angel investors playing a vital role. 30% of founders cite regulatory issues as significant barriers, urging stronger policy engagement. One-third of startups rely on strategic partnerships, underscoring collaboration as a critical factor for resilience. TLP Advisory, the venture law firm headquartered in Lagos, with offices in London and New York marks ten years of operation with the launch of a new report, “A Decade of the Nigerian Venture Ecosystem: Numbers, Insights & Stories.” The report provides a comprehensive analysis of Nigeria's ...

15Oct

By Africa BusinessNo Comments

Energy, Nigeria News

PAM Africa Hosted Inaugural PAMDAY Event Showcasing Innovations in Renewable Energy

Lagos event highlighted groundbreaking solutions aimed at addressing Africa’s energy challenges In a significant step towards addressing the continent's energy needs, PAM Africa successfully hosted its inaugural PAMDAY event at the PAM Centre in Lagos yesterday. This highly anticipated gathering brought together top professionals and stakeholders in the renewable energy sector to showcase PAM Africa’s latest innovations. The PAMDAY event featured a diverse array of activities aimed at highlighting the company's flagship innovations, including PAM Solar, So-Cool, Net Zero Village (NZV), PAM-Ai, and Solar Battery Hub. Each innovation is designed to tackle specific energy challenges faced across Africa, from enhancing access to cooling to optimising energy consumption through AI technology....

30Sep

By Africa BusinessNo Comments

Africa Travel, Nigeria News

Transcorp Hilton Abuja: A Haven of Luxury and Business Excellence in Abuja’s Commercial District

Situated amidst picturesque landscaped gardens in the heart of Nigeria’s Federal Capital Territory, Transcorp Hilton Abuja is a sanctuary of elegance and sophistication. Renowned for its impeccable service and luxurious amenities, the hotel is strategically located in Abuja’s vibrant commercial district, offering convenient access to major attractions such as the Abuja National Mosque and Millennium Park, both less than three kilometers away. The city center is a mere 20-minute drive, making the hotel an ideal choice for both business and leisure travelers. Recently, Transcorp Hilton Abuja was honored with the prestigious Luxury Lifestyle Awards for Best Luxury Business Hotel in Abuja, Nigeria, a testament to its unparalleled commitment to excellence. Transcorp Hilton Abuja boasts a ...

30Sep

By Africa BusinessNo Comments

Nigeria News

Nigeria’s economic expansion fuels the launch of the inaugural West Africa Coatings Show 2025

Nigeria is one of the largest, most influential players in the West Africa coatings market Construction projects drive the market, with expected annual growth of 3.1% from 2025 to 2027 Robust growth in Nigeria’s protective coatings market is predicted to surpass 4%, in upcoming 2024 - 2029 period The only dedicated event for the coatings industry in West Africa, West Africa Coatings Show is expected to attract over 1200 attendees, with more than 150 exhibiting brands from over 15 exhibiting countries West Africa's coatings markets have gained significant momentum, with Nigeria's protective coatings market anticipated to show substantial growth. According to Mordor Intelligence, the market is expected to achieve a compound annual growth rate (CAGR) of over 4% during the forecast...

Ceremonial Parade and Airshow in Kaduna Marks the 60th Anniversary of the Nigerian Air Force

29May

By Africa BusinessNo Comments

Events, Nigeria News

Ceremonial Parade and Airshow in Kaduna Marks the 60th Anniversary of the Nigerian Air Force

The skies over Kaduna were ablaze with color and excitement as the Nigerian Air Force celebrated its 60th anniversary, with a spectacular Ceremonial Parade and Airshow following the successful conclusion of the Africa Airforce Forum. This milestone event was a testament to the precision, skill, and aviation excellence that have become synonymous with the Nigerian Air Force. The celebrations began with the arrival of the Chief of Air Staff, Nigeria, followed by the arrival of invited Chiefs of Air Staff and other service chiefs and dignitaries setting the stage for a day of extraordinary displays and commemorations. Notable attendees at the event included former President of the Senate and Chairman of the Senate Committee of Defence, Sen. Ahmed Lawan; House Committee on Air Force, Hon. Ka...

ThriveAgric Kicks-Off Phase Two Distribution of Agricultural Inputs, Targets 100,000 Farmers for 2023/2024 Dry Season Farming Cycle

16Jan

By Africa BusinessNo Comments

Agriculture, Nigeria News

ThriveAgric Kicks-Off Phase Two Distribution of Agricultural Inputs, Targets 100,000 Farmers for 2023/2024 Dry Season Farming Cycle

Calls For Strategic Partnership To Optimise Dry Season Farming in Nigeria ThriveAgric, Nigeria’s leading agricultural technology company, has flagged off the ThriveAgric 2023/2024 dry season farming cycle with the distribution of agricultural input, targeting over 100,000 smallholder farmers in northern Nigeria to facilitate the production of over 300,000MT of grains. ThriveAgric would provide farmers with irrigation facilities, drought-resistant input, access to technology, storage, and premium markets to help optimise output in this farming cycle. The flag-off was announced at an event in Jigawa state, Nigeria. The event brought together various stakeholders including financial institutions, government officials, farmers, and representatives of the farming communities from Jigawa, Bau...

AFEX Launches FETC Product on New Digital Trading Platform

29Nov

By Africa BusinessNo Comments

Business, Nigeria News

AFEX Launches FETC Product on New Digital Trading Platform

Africa Exchange to replace ComX Africa’s leading commodities player, AFEX, has launched Africa Exchange, a digital platform for trading commodities. The platform follows AFEX’s first foray into digital commodities trading with the launch of ComX in 2020. This new trading platform further transforms the commodities space in Africa by enabling commodities market players to meet and interact both in the physical and financial markets. Data and information crucial to decision-making are readily available on the platform, offering a comprehensive and informed trading experience. Africa Exchange provides a structured marketplace duly regulated by Nigeria’s Securities and Exchange Commission (SEC), ensuring that users can participate in various trade or investment opportunities. Africa Exchange...

“Decarbonising Nigeria is feasible with current power technologies – and will not cost more”: Wale Yusuff, Managing Director, Wärtsilä Nigeria

8Nov

By Africa BusinessNo Comments

Energy, Nigeria News

“Decarbonising Nigeria is feasible with current power technologies – and will not cost more”: Wale Yusuff, Managing Director, Wärtsilä Nigeria

Meeting last week in Abuja and Lagos for the 2023 Energy Transition Forum, Nigeria’s leading energy experts have outlined the country’s roadmap to decarbonisation, and discussed what it will take to deliver universal access to clean energy for Nigerian households and businesses. Speaking in front of senior representatives of some of Nigeria’s most prominent private and public organisations, Wale Yusuff, Managing Director of Wärtsilä in Nigeria, explained how the most advanced studies had shown that decarbonising Nigeria was not only feasible, but that it could also be done in a way that lowered the cost of electricity going forward. “A lot of Nigerians still think that a renewable energy-based power system is expensive and unreliable, but it doesn’t have to be. On the contrary, I am conf...

Farm CI Emerges Winner at AFEX Code Cash Crop 4.0 Ag-hackathon

14Aug

By Africa BusinessNo Comments

Agriculture, Startups

Farm CI Emerges Winner at AFEX Code Cash Crop 4.0 Ag-hackathon

Winners received prizes valued at $22,000 in total to scale agriTech solutions in East and West Africa AFEX, Africa’s leading commodities market player, hosted its fourth annual ag-hackathon, Code Cash Crop 4.0, aimed at harnessing the intersection of technology, finance, and agriculture to create a platform for young tech enthusiasts to create viable solutions. This year’s edition drew participation from Kenya, for the first time, following AFEX’s operational expansion into the East African country last year. The grand finale, which was held in Lagos, Nigeria, over the weekend, produced three winners. After a 2-day intensive boot camp, six finalists hailing from Kenya and Nigeria pitched their solutions at the grand finale to judges comprising of Jude Dike, Co-Founder of GetEquity; Hake...

24May

By Africa BusinessNo Comments

African News, Events, Nigeria News

The International Arbitration Conference Will Reveal the Benefits of Arbitration for African Businesses

In its Centenary year, the ICC’s International Court of Arbitration has set servicing African commercial disputes as one of its top strategic priorities. Speaking as the 7th ICC Africa Conference on International Arbitration prepares to kick off in Lagos at the end of this month, (31 May to 2 June), ICC Court President Claudia Salomon said “Our aim is for the African business community to see the ICC Court as their go-to partner for dispute prevention and resolution. And as we invest in, develop and deliver this strategy we are determined to include local voices, rather than impose our own ideas as a foreign institution. This conference will be hugely significant in placing arbitration, and our particular brand of it, centre-stage for the handling of African commercial disputes”. To da...