Marconi just told Nigeria it can bang out major oil projects cheaper and faster after buying a massive yard from Saipem that stretches over a million square meters with a 330-meter dock. CEO Gian Fabio Del Cioppo said the Port Harcourt facility cranks out 25,000 tons of heavy structures yearly and ranks as one of the biggest fabrication operations across West Africa with capabilities for complex offshore work.
The company kept the experienced crew that ran the place before and recently kicked off steel cutting for subsea structures tied to a big offshore development. David Editang from Marconi said the setup handles full fabrication and loadout for large offshore gear, and the yard previously worked on landmark builds like Egina and...
The World Bank just unlocked another 500 million dollars for Nigeria's poverty relief program after confirming all requirements got met, and National Coordinator Abdulkarim Obaje said states can start pulling funds for their units once independent verification happens. The cash drop aims to help struggling households, small farmers, and businesses that took hits from economic chaos.
Obaje called the funding a major win for President Tinubu's social protection push and thanked Budget Minister Abubakar Atiku Bagudu for steering things toward the program's solid performance ratings. The Federal CARES Support Unit plans to keep backing state rollouts with technical help while making sure everyone follows program standards during...
South Sudan President Salva Kiir got an update from Minister Ateny Wek Ateny about how the information and telecom ministry keeps hitting roadblocks that mess with operations across broadcasting and postal services. The minister laid out problems slamming the South Sudan Broadcasting Corporation that stop it from doing basic public media work, and other agencies under the ministry, like the National Communication Authority and Media Authority, face similar issues.
Ateny told the president that fixing these institutional problems matters for getting better digital infrastructure and making sure communication services actually reach people across the country. The ministry runs several groups handling media regulation and telecom access...
South Sudan signed off on dropping two cell towers in Jonglei State after the governor told Minister Ateny Wek Ateny that garbage connectivity keeps messing up security responses and coordination across the region. One tower goes up in North Ayod, where SPLM founder William Nyuon Beny came from, and the other lands in Ayod South near spiritual leader Makuac Tut's home turf.
The state leadership said weak networks have been tanking their ability to handle threats and share intel, and the new infrastructure should help communities get better access to services while backing up security operations. The governor basically laid out how terrible coverage has been, hurting development efforts and making it harder to keep things stable.
The African Development Bank dropped a report saying artificial intelligence could pump a trillion dollars into the continent by 2035 if governments actually execute properly, and Nicholas Williams from the bank said they identified what needs doing and stand ready to deploy cash. Bazara Tech ran the numbers showing five sectors, like agriculture and finance, will grab 580 billion of those gains through early adoption.
The bank laid out a three-phase timeline running through 2035 that depends on having solid data infrastructure, computing power, skilled workers, regulatory trust, and enough capital to make things happen. Ousmane Fall said hitting key milestones by 2026 kicks off the growth cycle, and the real challenge is not figuring...
Afreximbank broke ground on its massive African Trade Centre in Egypt's new capital city, about 45 kilometers from Cairo, and the complex will double as the bank's global headquarters while Egyptian Prime Minister Mostafa Madbouly talked up how the project strengthens continental trade ties. President George Elombi said Egypt has hosted the institution since 1993 and remains the biggest sovereign shareholder through its central bank, with Afreximbank pumping around 41 billion dollars into Egyptian sectors like energy and telecom.
The 156,000-square-meter facility drops in the Diplomatic District with six floors holding office space, a 750-seat conference center, a 110-room hotel, innovation hubs for small businesses, and parking for...
ROSA eSolutions landed a spot in the top 10 digital marketing agencies across Dubai after SEMrush gave them props for their AI-powered SEO work, and the Toronto company with UAE offices could crack the top five by early next year. Senior marketing consultant Robert Shakir said artificial intelligence completely flipped how search engines rank content and how people find brands online, and most businesses have no clue how to adapt to the new reality.
The firm helps government groups and private companies build stronger organic visibility through advanced analytics and content intelligence instead of just throwing money at ads. ROSA plans to roll out more AI-driven performance tools for clients in Dubai and Abu Dhabi as demand keeps...
The UAE grabbed the top crypto spot across the Middle East and North Africa after a report from Bybit and DL Research ranked it fifth worldwide for digital asset adoption behind Singapore, America, Lithuania, and Switzerland. The country built bridges between Asia, Europe, and Africa through tokenized finance while backing everything with clear AML rules and legal frameworks that pull in both talent and businesses. Michelle Daura from Bybit said the exchange set up headquarters in Dubai early and locked down the first Virtual Asset Platform Operator License from the SCA.
Saudi Arabia has been beefing up its digital asset infrastructure with expanded licensing regimes and strong public interest driving crypto ownership rates higher...
PayTabs Egypt locked down a deal with Edita Trade to handle cash collections through a network hitting 550,000 point-of-sale terminals spread across the country, and the food company gets to manage payments from distributors without juggling four separate aggregators. Haytham Morsy from PayTabs and Diana Wadid from Edita both talked up how the partnership makes Edita the first Egyptian business tapping into such a massive POS setup through one platform.
The system gives Edita real-time tracking on transactions while cutting the usual costs that come with old-school cash collection methods, and everything runs through a single dashboard instead of dealing with multiple payment processors. PayTabs has been building partnerships with...
