Nigeria to partner with AfDB to promote development of agro-industrial zones

Nigeria to partner with AfDB to promote development of agro-industrial zones

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NIGERIA – The African Development Bank (AfDB) says it will partner with the Federal  Ministry of Agriculture and Rural Development to promote the special agro-industrial processing zones targeted at increasing food production capacity and promoting local, regional and international trade. The multilateral…

Morocco’s ONOMO Hotels strengthens African presence with acquisition of BON Hotels

Morocco’s ONOMO Hotels strengthens African presence with acquisition of BON Hotels

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MOROCCO – Moroccan based hotel giant, ONOMO hotels has acquired a 60.1% controlling stake in BON Hotels, heralding what could be a major shakeup on the African hospitality industry. In a press statement, ONOMO Chairman, Julien Ruggieri noted that ONOMO is consolidating…

Innovation Factory launches accelerator program for digital startups in Ethiopia, Ghana, Indonesia, Mexico, & Senegal

Innovation Factory launches accelerator program for digital startups in Ethiopia, Ghana, Indonesia, Mexico, & Senegal

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GLOBAL – The Innovation Factory, a programme commissioned by the German Federal Ministry for Economic Cooperation and Development (BMZ), has launched a Digital Innovation Accelerator Programme targeting to benefit digital startups from Ethiopia, Ghana, Indonesia, Mexico, & Senegal. Digital startups that qualify…

Côte d’Ivoire partners with Biovea Energy to build West Africa’s largest biomass power plant

Côte d’Ivoire partners with Biovea Energy to build West Africa’s largest biomass power plant

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COTE D’IVORE – Côte d’Ivoire through its Minister of Petroleum, Energy and Renewable Energy, Abdourahmane Cissé has entered into an agreement with Biovea Energy to build the largest biomass power plant in West Africa. A statement from the ministry revealed that construction…