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new africa

Okonjo-Iweala: How Nigeria can lead AfCFTA

Nigeria can emerge as a leader under the African Continental Free Trade Area (AfCFTA) if it tackles logistics bottlenecks, invests in value addition, and builds efficient payment systems, according to World Trade Organisation (WTO) Director-General, Dr. Ngozi Okonjo-Iweala. Speaking at the WTO Public Forum in Geneva, Switzerland, Okonjo-Iweala urged Nigeria and other African nations to fast-track AfCFTA implementation, expand infrastructure, and cut trade costs to unlock billions of dollars in opportunities across manufacturing, services, and digital trade. “The AfCFTA is a great step, but Africa still trades only 15–20% within itself, compared to 60% in the European Union. We need to accelerate implementation so Africans trade more with each other,” she said. She cited examples such as Lesotho, which exports $200 million worth of textiles annually to the U.S.—about 10% of its GDP—while Africa imports $7 billion worth of similar […]

Abdulmumini Auwal SA September 22, 2025

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new africa

World Bank: Poor sanitation costs Africa $200bn yearly

The World Bank has revealed that Africa loses an estimated $200 billion annually due to poor sanitation, warning that the crisis is undermining economic growth, public health, and climate resilience across the continent. In its latest report titled “The Global Sanitation Crisis: Pathways for Urgent Action” released on Tuesday, the Bank said nearly two in five people worldwide lack access to safe sanitation, with Africa carrying a disproportionate share of the burden. The study estimated that Africa’s GDP could rise by up to 5% if governments and stakeholders invested adequately in water and sanitation systems. “Every US$1 spent in Africa returns US$7 – adequate funding in the sector could boost GDP by 5 per cent, resulting in an annual economic gain of US$200 billion in Africa alone,” the report stated. The World Bank identified cholera, diarrhoea, and typhoid as preventable […]

Abdulmumini Auwal SA September 16, 2025

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new africa

Ganduje backs FAAN MRO hangars to make Nigeria aviation hub

Chairman of the Federal Airports Authority of Nigeria (FAAN), Dr. Abdullahi Umar Ganduje, has outlined a bold vision to establish world-class Maintenance, Repair, and Overhaul (MRO) hangars across Nigeria’s international airports, a move expected to reposition the country as the leading aviation hub in West and Central Africa. The multi-billion-naira initiative aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises infrastructure and economic diversification. Why MRO hangars matter Nigeria currently spends millions of dollars annually on aircraft maintenance abroad, especially for C-Checks and D-Checks. The new facilities would: Save foreign exchange Create jobs for skilled professionals and artisans Attract airlines from across West and Central Africa Strengthen Nigeria’s aviation self-reliance “The establishment of MRO hangars will mark a turning point for the aviation sector, creating sustainable growth and positioning Nigeria as a regional hub,” Ganduje said. Learning from […]

Abdulmumini Auwal SA September 15, 2025

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new africa

Importers: Dangote Petrol N65 Cheaper in Togo Than Nigeria

Fuel importers have alleged that the Dangote Refinery sells petrol to international traders in Lomé, Togo, at prices N65 cheaper per litre than those offered to Nigerian marketers. The claim was confirmed in separate interviews by the Depot and Petroleum Product Marketers Association of Nigeria (DAPPMAN) and the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN). Dangote Refinery recently announced a price cut — from N865/litre to N841 in Lagos/Southwest, and N851 in Abuja, Edo, and Kwara — alongside its direct fuel distribution rollout. But marketers argue the refinery undercuts local buyers by giving discounts abroad. DAPPMAN’s Executive Secretary, Olufemi Adewole, told Sunday PUNCH that members had purchased Dangote’s fuel in Lomé at cheaper rates than locally, saying: “Dangote is selling to international traders at N65 lower than what he is selling to us. We’ve even bought from those […]

Abdulmumini Auwal SA September 14, 2025

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new africa

Irene Onwuka Wins African Women’s Achievers Award in South Africa

Queen Irene Onwuka, founder of the Queen Irene Onwuka Peace Foundation (QIOP), has been honoured at the African Women’s Achievers Awards and Summit (AWAA 2025) in South Africa. She was named among the 100 African Women Change Makers and also received the African Icon 2025 for Economic Advancement award. The recognition celebrates trailblazing women from across 30 African nations who are driving the continent’s growth and prosperity. Reacting via social media, Queen Onwuka expressed gratitude, describing the honour as a call to do more for Africa’s development. “I was thrilled and honoured to be recognized as one of the 100 African change makers and African Icon 2025 for Economic Advancement. This is an award I don’t take for granted. It is a call for more efforts and contributions in whatever way we can for the economic good of Africa,” she […]

Abdulmumini Auwal SA September 13, 2025

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new africa

Nigeria, Angola Sign New Bilateral Deals After 24-Year Pause

Nigeria and Angola have revived their Bilateral Joint Economic Commission after a 24-year hiatus, sealing fresh agreements to boost socio-economic, cultural, and political cooperation. The three-day meeting in Luanda was co-chaired by Nigeria’s Minister of State for Foreign Affairs, Amb. Bianca Odumegwu-Ojukwu, and Angola’s Secretary of State for International Cooperation, Amb. Domingos Custodio Vieira Lopes. Among the highlights was a landmark twinning pact between Bayelsa State and Angola’s Namibe Province, covering areas such as energy, agriculture, environment, education, culture, tourism, and sports. A similar deal was also struck between Nasarawa State and Bengo Province. Bayelsa Governor Senator Douye Diri hailed the agreement as “historic,” noting its potential to unlock new opportunities: “Both Bayelsa and Namibe are naturally endowed, and this partnership will bring mutual benefits to our states and nations.” Namibe Governor Dr. Archer Mangueira described the pact as the […]

Abdulmumini Auwal SA September 12, 2025

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new africa

Burkina Faso Scraps Visa Fees for All African Nationals

Burkina Faso has announced the abolition of visa fees for all African citizens, a move aimed at deepening Pan-African solidarity and promoting free movement across the continent. The country’s Minister of Security, Mahamadou Sana, revealed the decision on Thursday following a cabinet meeting chaired by military leader Captain Ibrahim Traoré. “From now on, any citizen from an African country wishing to go to Burkina Faso will not pay any amount to cover visa fees,” Sana stated. He clarified that while the charges have been scrapped, travellers must still complete an online application for entry approval. Citizens of West African nations already enjoy visa-free access to Burkina Faso. However, the latest move comes amid uncertainty over the country’s status in the Economic Community of West African States (ECOWAS), which Burkina Faso quit earlier this year alongside Mali and Niger. According to […]

Abdulmumini Auwal SA September 12, 2025

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new africa

UMC Africa bishops seek global support amid regional conflicts

The Africa College of Bishops of the United Methodist Church (UMC) has appealed for global solidarity as violence continues to plague regions such as eastern Democratic Republic of Congo, northern Mozambique, Sudan, and South Sudan. The call came at the conclusion of the bishops’ recent conference in Luanda, Angola, where 17 active and retired bishops, including Bishop Mande Muyombo, President of the Africa College of Bishops, signed a joint statement urging prayers, advocacy, and action for peace, healing, and reconciliation. During the gathering, the bishops met with Angolan President and African Union Chairperson João Lourenço at the Presidential Palace, commending his mediation efforts to resolve regional conflicts. Discussions also focused on promoting peace and sustainable development across Africa. The bishops reaffirmed their commitment to a united global UMC, while backing regional autonomy and the contextualisation of ministry practices. They reiterated […]

Abdulmumini Auwal SA September 11, 2025

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new africa

Ghana accepts Nigerians, other West Africans deported from US

Ghana has begun receiving West African nationals deported from the United States, including Nigerians, President John Dramani Mahama announced on Wednesday. According to Reuters, Mahama confirmed that a first batch of 14 deportees — comprising Nigerians, a Gambian, and other West Africans — had already landed in Accra, with Ghanaian authorities assisting in their repatriation to their respective countries. “We were approached by the US to accept third-party nationals who were being removed from the US, and we agreed with them that West African nationals were acceptable because all our fellow West Africans don’t need a visa to come to our country,” Mahama explained. He added that the arrangement was logical since ECOWAS citizens already enjoy visa-free access to Ghana. The development comes amid Washington’s intensified deportation drive under President Donald Trump, who has expanded removals to “third countries” as […]

Abdulmumini Auwal SA September 11, 2025

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Burkina faso

Burkina Faso $90 Billion Canal Project to Atlantic Unveiled by Traore

Burkina Faso is preparing for one of the most ambitious infrastructure projects in Africa — a $90 billion canal that would connect the landlocked nation to the Atlantic Ocean. Announced under President Ibrahim Traore’s leadership, the initiative is set to transform the country’s economic and trade future. The proposed canal, stretching 1,200 kilometers, will directly link Ouagadougou to the Atlantic, effectively turning the capital into a global port. Plans include 20 massive locks and several artificial lakes to manage water flow and shipping routes. The design is expected to accommodate large cargo ships, positioning Burkina Faso as a new maritime hub in West Africa. Backed by BRICS nations and Gulf investors, the project is slated for completion by 2040. Once operational, it could cut trade transport times by up to 70%, boosting efficiency and lowering costs for exporters. Experts project […]

Ahmad September 9, 2025

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