Nigeria has secured a $652 million loan from China's Exim Bank to fund the construction of a major road linking key economic hubs in Lagos to several southern states.

Public Works Minister David Umahi says the road will serve as a critical evacuation corridor for goods from the Lekki Deep Sea Port, the Dangote Petroleum Refinery, Africa's largest and its adjoining fertiliser plant.

The Federal Executive Council approved the funding, chaired by President Bola Tinubu.

Thami Ngubeni spoke to The Economist and the managing director time Timeline Consulting Limited, Nigeria, Idris Shuaibu...

Nigeria has secured a $652 million loan from China's Exim Bank to fund the construction of a major road linking key economic hubs in Lagos to several southern states.
Public Works Minister David Umahi says the road will serve as a critical evacuation corridor for goods from the Lekki Deep Sea Port, the Dangote Petroleum Refinery, Africa's largest and its adjoining fertiliser plant.
The Federal Executive Council approved the funding, chaired by President Bola Tinubu.
Thami Ngubeni spoke to The Economist and the managing director time Timeline Consulting Limited, Nigeria, Idris Shuaibu...

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

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Africa in Business

Nigeria secures $652 million loan from China's Exim Bank

Yesterday (Tuesday) as SADC leaders went back to their respective countries, South Africa's Human Sciences Research Council  (HSRC) hosted a webinar titled: Debt, trade, and infrastructure: The political economy of regional integration.

The webinar provided a transdisciplinary platform for scholars, policymakers, researchers, civil society actors, and development practitioners to critically engage with the political economy of trade integration, sovereign debt, and infrastructure development within the African Continental Free Trade Area (AfCFTA) framework.

To explain more on this, Thami Ngubeni spoke to Dr Vuyo Mjimba, Chief Research Specialist at the Human Sciences Research Council...

Yesterday (Tuesday) as SADC leaders went back to their respective countries, South Africa's Human Sciences Research Council &nbsp;(HSRC) hosted a webinar titled: Debt, trade, and infrastructure: The political economy of regional integration.
The webinar provided a transdisciplinary platform for scholars, policymakers, researchers, civil society actors, and development practitioners to critically engage with the political economy of trade integration, sovereign debt, and infrastructure development within the African Continental Free Trade Area (AfCFTA) framework.
To explain more on this, Thami Ngubeni spoke to Dr Vuyo Mjimba, Chief Research Specialist at the Human Sciences Research Council...

SAHRC webinar on African Continental Free Trade Area (AfCFTA) framework

AI has no doubt taken over almost every aspect of our lives, and moving beyond being a tool that simply assists people.

Increasingly, AI systems are becoming capable of acting on behalf of individuals, researching products, comparing financial options, initiating transactions and managing routine financial tasks with permission.

What then does this mean for the future of banking.

As AI agents become more autonomous, banks will need to evolve from serving only human customers to securely serving both people and authorised AI agents acting in their interests.

To talk to us more on this, Thami Ngubeni spoke to Chipo Mushwana, Divisional Executive of Emerging Payments at Nedbank...

AI has no doubt taken over almost every aspect of our lives, and moving beyond being a tool that simply assists people.
Increasingly, AI systems are becoming capable of acting on behalf of individuals, researching products, comparing financial options, initiating transactions and managing routine financial tasks with permission.
What then does this mean for the future of banking.
As AI agents become more autonomous, banks will need to evolve from serving only human customers to securely serving both people and authorised AI agents acting in their interests.
To talk to us more on this, Thami Ngubeni spoke to Chipo Mushwana, Divisional Executive of Emerging Payments at Nedbank...

What does Ai mean for the future of banking?

We wrap up the show by talking about the business of beauty. A proudly South African beauty manufacturer WM&R Naturals, says that it is meeting the demand of more African women wanting to nurture their ethnic hair.

They have a range of Hair Growth Oil and Shea Butter Hair Cream designed for African hair textures.

The business was founded by Thato Bosealetse who is also the Managing Director, and says that the company is tapping into a national hairdressing sector that contributes R24.85 billion to South Africa's GDP.

WM&R Naturals is currently scaling operations to expand into commercial retail, supply salon networks, and build a professional manufacturing facility.  

Thato spoke to Thami Ngubeni about her business...

We wrap up the show by talking about the business of beauty. A proudly South African beauty manufacturer WM&amp;R Naturals, says that it is meeting the demand of more African women wanting to nurture their ethnic hair.
They have a range of Hair Growth Oil and Shea Butter Hair Cream designed for African hair textures.
The business was founded by Thato Bosealetse who is also the Managing Director, and says that the company is tapping into a national hairdressing sector that contributes R24.85 billion to South Africa's GDP.
WM&amp;R Naturals is currently scaling operations to expand into commercial retail, supply salon networks, and build a professional manufacturing facility. &nbsp;
Thato spoke to Thami Ngubeni about her business...

Nigeria secures $652 million loan from China's Exim Bank

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