…from the N418.79bn recorded in the fourth quarter of 2025, the government will still finance more than half of the industry's generation costs. "It is important to note that due to the absence of cost-reflective tariffs across all DisCos, the government incurred a subsidy obligation of N358.32bn; this represents a N60.…

…development partners to press for greater transparency and accountability in public finance management.

…News shortly after the Pension Transitional Arrangement Directorate and the Ministry of Finance announced the disbursement on Friday. He said the gesture, alongside other pension interventions by the Federal Government, had strengthened confidence in the administration's commitment to the welfare of elderly citizens. H…

…I wanted to be strategic with my early projects,” he said. “A conventional delivery or finance app would have required massive backend infrastructure and investment. The Lobola Calculator was the perfect project to tackle. It solved a unique, real-world cultural need, didn’t require major funding to publish, and allowe…

…that neither the bill nor Kalu's public remarks fully address. States that can self-finance a police force, largely the wealthier, more commercially active states in the south will be able to establish, equip, and staff a competitive force relatively quickly, potentially without needing to lean on federal grants at all…

…But none of it changes what Ondo actually is: a governance token tied to Flux Finance decisions, not a share of platform revenue or a stake in a growing consumer product. Watching the Ondo coin price grind sideways while tokenized RWAs scale in the background is a very different experience from owning upside in a platf…

…building digital skills and workforce development solutions, at a time when development finance institutions and ecosystem builders are expanding support for education technology across Africa. As venture funding becomes more selective, accelerator programmes such as timbuktoo and the Mastercard Foundation EdTech Fello…

…shut down after the second Lagos location paused operations, while the startup’s finance department raced to settle outstanding payments in anticipation of new funding by the end of April. "The recent suspension of operations has been a difficult period for everyone connected to the business, including our employees, v…

…he reinstated the slave trade. He was removed, not by the US government, but by a force financed by his fellow American businessman, Cornelius Vanderbilt. The US, which has occupied the Cuban Guantanamo Bay since 1903, has for 64 years now imposed unilateral restrictions on that country, including barring it from trade…

According to the CBN, the affected microfinance banks failed to satisfy the minimum conditions required to retain their operating licences. The regulator stated that the revocation became necessary due to "one or more" of several infractions, including insufficient assets to meet liabilities, closure of operations with…

…South Africa —Chief Risk Officer — Gauteng, South Africa M-KOPA — Group Tax Manager, Finance Business Partnering Manager — Nairobi, Kenya Looking for more opportunities? There are additional openings on TechCabal’s job board. We’ve also cleared out outdated listings to keep opportunities fresh for job seekers. If you’r…

…In recent years, Nairobi has also become a hub for venture capital firms, development finance institutions, and founders building businesses that target multiple African markets. That shift has expanded the conversations beyond fundraising to include questions about regulation, digital infrastructure, cross-border paym…

…communicate, make decisions, and build businesses," Bello said. "From healthcare and finance to education, government and entrepreneurship, AI is creating incredible opportunities for innovation and growth." PhD Researcher and Co-founder of Tech Derby, Joseph Origbo, said technological progress alone would not be enoug…

…transparency has become the new currency for investment, competitiveness and access to finance. This was as the council warned Nigerian companies that fail to embrace sustainability reporting risk losing access to international capital, export markets and strategic partnerships as investors increasingly demand transpar…

…returns of up to 16% annually. This time, however, Paga is targeting the on-chain finance opportunity. Tokenised assets convert ownership of traditional financial instruments into digital tokens that can be traded on blockchain networks. In practice, that could allow a Nigerian retail investor to buy a fraction of a co…

…(PPP) agreement, facilitated by Enugu State Governor Peter Mbah, the concessionaire will finance, rehabilitate, expand, operate and manage the airport. However, in a strongly worded statement issued on Monday, ILT rejected the arrangement, warning that the withdrawal of Federal Government funding would compromise the a…

…and ever larger volumes of unsecured consumer loans create durable businesses. Embedded finance, partnerships and products attached to existing commercial relationships offer something consumer lending apps have struggled to find consistently over the last decade: visibility into repayment. Branch Mfb has arrived at a…

…year, Nigeria's biggest fintechs have accelerated their push into banking through microfinance bank (MFB) licences as they seek to expand beyond their core businesses into full-service financial institutions. In January, Paystack, the payments technology company now owned by The Stack Group (TSG), acquired Ladder Micro…

…money. Notice where you tighten. Where does your body contract when you think about your finances? Notice where you fear. What are you afraid will happen if you don't have enough money? What are you afraid will happen if you do? Notice where you brace for disappointment. Where have you already decided that abundance is…

Africa’s economic future is increasingly being shaped by ambitious entrepreneurs, expanding financial institutions and corporate champions pushing beyond their home

…investors and stakeholders in clean energy, environmental sustainability and climate finance. Members of the Lagos delegation included the Commissioner for Environment and Water Resources, Tokunbo Wahab; Commissioner for Economic Planning and Budget, Ope George; Special Adviser on Sustainable Development Goals, Oreoluw…

…have critical roles to play in identifying, tracking, and disrupting the networks that finance, supply, recruit, and coordinate violent actors. Modern security challenges cannot be solved solely through force. They require intelligence, foresight, infiltration, and the ability to dismantle criminal structures before th…

…you have to strengthen the full intent of responsibility, acting and providing them with finance. I had a conversation with my predecessor who told me what he went through and how he sometimes struggled when he came back from FAAC to pay salaries and how in many instances after the payment of salaries, nothing was left…

…with capital, knowledge, technology and global networks. The Jewish diaspora helped finance Israel's infrastructure and technological development. Overseas Chinese investors played a critical role in China's industrial take-off. Indian professionals abroad contributed significantly to the country's emergence as a globa…

…initiatives across the region. The transaction comes at a time when development finance institutions across Africa are seeking innovative capital-raising structures to bridge the continent's widening infrastructure financing gap, estimated at tens of billions of dollars annually. AfDB's participation could pave the way…