The European Union (EU) Commission has allocated €510 million to Nigeria and other countries in sub-Saharan Africa.

Experts agree that the private sector must play a role in African urbanization, saying African states are too fiscally constrained to fill the investment gap themselves. Rendeavour, a private company with a multibillion-dollar balance sheet, has deep enough pockets to make a difference.

World Bank has released its January 2025 Global Economic Prospects report and have provided a forecast to Nigeria's expected GDP growth projections for the year.

The commission stated that the EU has budgeted €1.9 billion for humanitarian assistance to vulnerable populations worldwide.

The European Union (EU) has allocated €510 million to Nigeria and other Sub-Saharan African nations as part of its €1.9

Sub-Saharan African countries should be given more financial and technical support to cope with climate change disasters, so that they can continue to spend funds on economic development.

SA and Nigeria, the region’s two biggest economies, are both making reforms that boost their creditworthiness and economic-growth prospects, Moody’s said.

New platform aims to expand energy access in sub-Saharan Africa with cutting-edge renewable and storage solutions.

Sub-Saharan African countries lost $1.56 billion to government-induced shutdowns in 2024, according to a new report by Top10vpn, an international VPN review

In the wake of Nubank's investment in the South African fintech Tyme, it's time to re-examine the growth of mobile money on the African continent.

Most of the population growth expected over the rest of the 21st century is expected to take place in Africa. These new generations are already leaving their mark. Political parties that trace their roots to the independence struggles of the 20th century are losing support from a generation of better educated and digitally connected Africans.

The European Union has announced an initial humanitarian assistance package of €1.9bn for 2025, with €510m earmarked for Nigeria and other countries in sub-Saharan Africa. The European Commission revealed the allocation in a statement on Thursday,