News

Call For Applications: Flourish Africa Business and Life Skill Program 2025, Cohort 4 ( N1.3Billiion Grants)

by Olusola Blessing

Call for Applications: InnovateX Creativity & Invention Pitch Session ( N20 Million in Prize+ Mentorship)

Call For Applications: UpSkill Universe-HP-Google Skills for Business Programme 2025 for African SMEs

Call For Applications: 3MTT Knowledge Showcase Competition,July Edition ( Win a laptop or 5G Internet Modem)

News

Call For Applications: ReSAKSS Data Challenge 2024 ($1,500 prize) For Africans

August 13, 2024

This competition allows enthusiastic data users to showcase their creativity and analytical skills by using data and other resources on...

News

Call For Applications: Africa Fellowship for Young Energy Leaders (AFYEL) 2024 [Cohort 4]

August 13, 2024

The Africa Fellowship for Young Energy Leaders is an education venture designed to invest into the next generation energy leaders...

Business

Ekiti State Partners with ALAT by Wema Bank to Empower 100,000 Youth and MSMEs

The Ekiti State Government, in collaboration with ALAT by Wema Bank, has launched a comprehensive empowerment program aimed at training...

The German government has expressed a strong interest in enhancing economic collaboration with Enugu State, Nigeria, focusing on key areas such as agriculture, energy, trade, and investment. This was revealed during a visit by the German Consul General, Weert Börner, who led a delegation of the German business community and the German Corporation for International Cooperation (GIZ) to meet with Governor Peter Mbah at the Enugu State Government House. Germany's decision to select Enugu as one of only three southern Nigerian states for intensified cooperation is based on recent findings indicating improved ease-of-doing-business under the Mbah administration. The visit marks the continuation of discussions that began in Lagos in 2023, aimed at increasing German investment and cooperation in the region. Börner expressed enthusiasm about the collaboration, stating, “I am very happy to be here in Enugu city to increase and deepen our conversation on this cooperation. The German government has decided to focus more on specific states within Nigeria, and we are particularly impressed with the progress in Enugu State.” Governor Peter Mbah warmly welcomed the German delegation and highlighted the ambitious goals his administration has set, including growing the state’s economy from $4.4 billion to $30 billion within the next seven years. Mbah emphasized that achieving this target would require significant private sector investments and international partnerships. “We are really excited about this partnership, especially because, although we are a subnational entity, our ambitions and goals are national in scale,” Mbah said. He outlined plans to unlock the state's economic potential, particularly in agriculture, where Enugu aims to go beyond food security to become a major player in agro-processing and export. Mbah also assured the German delegation of the state's readiness to support investment in energy, trade, and infrastructure. He highlighted ongoing efforts to operationalize the international wing of Akanu Ibiam International Airport and develop a cargo terminal to facilitate exports. Additionally, the state has acquired 300,000 hectares of land to attract commercial farmers and is modernizing its livestock industry through new legislation. The German delegation, which included representatives from Siemens Energy and the Deutsche Handels Kompetenz (DHK) chamber of industry and commerce, expressed confidence in the partnership and pledged to support Enugu's economic transformation through investment and expertise. This collaboration is expected to open up significant opportunities for both Enugu State and Germany, fostering economic growth and development in key sectors.

Economy

Germany Seeks to Boost Economic Cooperation with Enugu State in Agriculture, Energy, and Investment

The German government has expressed a strong interest in enhancing economic collaboration with Enugu State, Nigeria, focusing on key areas...

Financial Services

N50 million to be won at Stanbic IBTC Pension Managers’ 2024 FUZE Talent Show

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has announced the eagerly awaited third season of the FUZE...

FinTech

Moniepoint Strengthens Efforts to Broaden Financial Access Through Collaborative Initiatives

Moniepoint Strengthens Efforts to Broaden Financial Access Through Collaborative Initiatives Africa’s fastest growing financial institution according to the Financial Times,...

News

West Africa Deal Summit 2024 to Accelerate Catalytic Capital Deployment

The Impact Investors Foundation , Nigeria (IIF) and Impact Investing Ghana (IIGh) announce the return of the second edition of...

Celebrating Five Years of Transformative Impact: ISN Annual Gathering 2024

Business

ISN Annual Gathering 2024: Celebrating Five Years of Consistent Impact In the Innovation Ecosystem

August 13, 2024

In response to the need for growth of innovation hubs, startups and the overwhelming opportunities for collaboration within the Nigerian...

News

Call For Applications: Defence Innovation Challenge

Welcome to the Defence Innovation Challenge, a premier event organized as part of the Africa Defence Industries Conference. This challenge...

News

Call For Applications: Grow Program for African Startups