Nigeria pulled in 77.4 trillion naira from exports last year compared to 36 trillion the year before, even though the dollar numbers dipped a bit to 57.9 billion from 60.65 billion. The naira-denominated spike came partly from currency depreciation, but cocoa sales absolutely went off, jumping from 759 million bucks to 2.6 billion. Companies like Unilever Nigeria, Cadbury Nigeria, and Guinness Nigeria more than doubled their combined export sales to 22.8 billion naira.
Oil still brings in nearly 90 percent of total revenue, pulling in 50.3 billion dollars. Non-oil stuff like ores and residues is gaining ground, though, and the government's trade policy through 2027 is trying to fix quality issues that get Nigerian products rejected by...
JA Africa says each dollar they put into helping kids gets back more than 20 bucks for the economy, and they just wrapped their big student business showdown in Abuja. The org works with teenagers from eight countries across the continent, teaching them how to build actual companies while focusing on climate stuff this year. Simi Nwogugu runs the whole operation, and she mentioned they spend around 20 to 25 dollars per student, depending on what program they're doing.
The competition lets high schoolers pitch their ventures in categories like renewable energy, AI, and fintech. Asheesh Advani from the worldwide branch backed up those wild ROI numbers with research. They reach about 1.5 million young people every year in 23 African...
Nigerian Ports Authority boss Abubakar Dantsoho showed up at the Kano International Trade Fair and basically said his agency wants to hook up local exporters with overseas buyers by cutting through all the paperwork nonsense. He gave props to the Kano Chamber of Commerce for keeping the fair relevant and pointed out that the city sits in a perfect spot for connecting Nigerian producers to landlocked countries up north.
The NPA set up Export Processing Terminals with help from the Nigerian Export Promotion Council to handle packaging, documentation, and certification all in one place instead of making people bounce between offices. Dantsoho mentioned they are automating everything through the Ports Community System before rolling out a...
The Lagos Chamber of Commerce and Industry just picked Leye Kupoluyi as their new president after Gabriel Idahosa wrapped up his run. Director General Chinyere Almona announced the move at the group's annual meeting and said Kupoluyi has been putting in work as a council member with solid experience across engineering services and trade stuff.
Almona hyped him up as someone who consistently brings good ideas during strategy sessions, and she thinks his leadership will help the chamber push better business policies. The organization is betting on his track record to keep advocating for members and the wider Nigerian business scene.
Nigeria LNG just told everyone at their Finima retreat that they are done treating local content requirements like a checkbox exercise, and they want to actually build up homegrown energy sector talent. Deputy Managing Director Olakunle Osobu said the company is setting new standards through partnerships and investments in Nigerian workers instead of just hitting the bare minimum compliance numbers.
The Nigerian Content Development and Monitoring Board grabbed its fourth straight Presidential Enabling Business Environment Council award for transparency, with officials saying the regulator keeps showing how government agencies can work smoothly with private operators. NCDMB Executive Secretary Felix Omatsola Ogbe gave props to Nigeria...
Egypt's Health Ministry met with the Digital Transformation Ministry to push forward on turning medical records and disease tracking into a fully digital system. Minister Mohammed Mahmoud Ael Mahmoud and Minister Ahmed Salem Ashfa ran the session with help from the Prime Minister of Administration, laying out plans for a national vaccination database and better management of hospital gear and supplies.
The Health Community Platform got called out as the main tool for getting different government levels talking to each other faster. Technical teams from health departments and local development offices showed up to make sure everyone stays coordinated on rolling out these digital health projects across the country.
Cisco teamed up with the OECD to figure out who actually uses generative AI, and the results show a massive split between countries and age groups. People under 35 are running the show globally, while emerging markets like India, Brazil, Mexico, and South Africa are way ahead of Europe on adoption and trust levels.
Young adults basically live online and feel confident about AI being useful, with over half actively using it and nearly half of the 26-to-35 crowd getting trained on it. Europeans are dragging their feet compared to historical tech rollouts, showing way less trust and more hesitation about the whole thing.
The study found that anyone burning more than five hours daily on recreational screen time reported worse life...
Smart Africa and YouthConnekt Africa teamed up to help young tech people across the continent get their stuff off the ground. The two groups signed a partnership deal at the Transform Africa Summit 2025 that connects their youth networks and sets up joint programming at major regional events.
The whole point is giving African entrepreneurs better access to mentors and skills training while getting more people plugged into the digital economy. Both organizations are betting that young innovators will drive the tech scene forward if they get the right support and connections through country chapters and summit appearances.
Airtel Tanzania just locked in Phase 10 of its deal with the Universal Communication Service Access Fund to throw up cell towers in the sticks. Communications Minister Angellah Jasmine Mbelwa Kairuki showed up for the signing, and the company is building 132 out of 201 towers that need to go up across different wards.
The whole thing is about getting rural areas wired up so people outside cities can actually use their phones. All the telecom providers have to pitch in on closing the connectivity gap, and Airtel is positioning itself as the main player pushing this forward.
