Nigeria: USAID Launches $300 Million Agribusiness Investment in Nigeria

Nigerian entrepreneur Fajemi Gognaje, 35 years old, started a new business in 2016, selling agricultural inputs like seed and fertiliser. Under a new contract with Cultivating New Frontiers in Agriculture (CNFA), an international agricultural development organisation, the U.S. Agency for International Development (USAID), recently launched the new Feed the Future Nigeria Agribusiness Investment Activity. This…

No new gas projects will be approved without a zero flare policy – NNPC

The Nigerian National Petroleum Corporation (NNPC) has expressed its commitment to a zero gas flare regime for every new gas project, even as it trains its sights on commercializing existing gas flare projects for the benefits of the host communities and Country at large. Group Managing Director of the NNPC, Dr. Maikanti Baru, stated this…

Creating An Enabling Business Environment For Foreign Direct Investment In Africa

Welcome to the March Edition of our Feature. This feature highlights different traits and recommendations that Africa can adopt to attract and create an enabling business environment for Foreign Direct Investment (FDI). According to the State of African Cities Report, Africa’s share of total world FDI remains small at roughly 5%. This compares poorly to…