Oluwatomisin Amokeoja

2 weeks ago | forbesafrica.com | Oluwatomisin Amokeoja

The move reflects a cautious approach as inflation slows and macroeconomic indicators begin to stabilize in Africa’s former largest economy, according to analysts. Nigeria’s central bank held its benchmark interest rate unchanged at 27.5% on Tuesday, marking the second pause this year following a series of aggressive hikes last year.

3 weeks ago | forbesafrica.com | Oluwatomisin Amokeoja

The World Bank estimates that for Nigeria to achieve its ambition of becoming a $1 trillion economy by 2030, it would need to grow five times faster than its current pace. Nigeria’s economy expanded by 4.6% year-on-year in the final quarter of 2024, pushing annual growth to 3.4%—its fastest pace in a decade, excluding the temporary rebound from the Covid-19 pandemic, according to the World Bank’s newly released Nigeria Development Update (NDU).

1 month ago | brnw.ch | Oluwatomisin Amokeoja

For countries like Nigeria—the continent’s most populous nation—and Ghana, which has made notable progress in maternal health but still struggles with regional disparities, such funds are crucial. A new alliance has launched the Beginnings Fund, a $500 million initiative aiming to reduce maternal and newborn deaths across Africa. Over the next five years, the Fund will invest in up to 10 African countries: Nigeria, Ghana, Ethiopia, Kenya, Malawi, Lesotho, Rwanda, Tanzania, Uganda, and Zimbabwe.

1 month ago | forbesafrica.com | Oluwatomisin Amokeoja

For countries like Nigeria—the continent’s most populous nation—and Ghana, which has made notable progress in maternal health but still struggles with regional disparities, such funds are crucial. A new alliance has launched the Beginnings Fund, a $500 million initiative aiming to reduce maternal and newborn deaths across Africa. Over the next five years, the Fund will invest in up to 10 African countries: Nigeria, Ghana, Ethiopia, Kenya, Malawi, Lesotho, Rwanda, Tanzania, Uganda, and Zimbabwe.

1 month ago | farmlandgrab.org | Oluwatomisin Amokeoja

Forbes | 6 May 2025Africa’s richest man to more than double Ghana’s publicly irrigated farmland with new sugar projectby Oluwatomisin AmokeojaAliko Dangote, Africa’s richest man, recently announced the launch of a large-scale sugar refinery in Ghana that is set to more than double the country’s formally irrigated farmland through a single initiative.