Nneoma Micheal

African Leaders Launch $2.5tn Africa Infrastructure Financing Facility

African leaders have unveiled the Africa Infrastructure Financing Facility (AIFF). A landmark initiative aimed at unlocking an estimated $2.5 trillion in domestic capital. To fund large-scale, cross-border infrastructure projects across the continent. The facility established by African Union Development Agency (AUDA-NEPAD) in partnership with the Alliance of African Multilateral Financial Institutions. With the goal of…

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Netflix Withdraws from Deal to Buy Warner Bros Clearing the Way for Paramount Skydance

Netflix has officially stepped out of the race to acquire Warner Bros. Discovery (WBD), leaving Paramount Skydance as the frontrunner in this high-stakes takeover battle. The streaming giant had previously offered $27.75 per share for Warner’s studio operations and HBO Max streaming service, valuing the assets at around $83 billion (£61.6 billion), including debt. However,…

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FAAN Launches Nationwide Operation Go Cashless System Across Airports from March 1, 2026

The Federal Airports Authority of Nigeria (FAAN) has announced the rollout of a fully cashless. And contactless payment system across all airport payment points nationwide under a new initiative tagged “Operation Go Cashless.” However, The new system will officially take effect on March 1, 2026. Marking a major shift in how payments processed at Nigerian…

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Lagos Signs MoU with Commonwealth Council Ahead of Invest Lagos 3.0

The Executive Governor of Lagos State has announced the signing of a Memorandum of Understanding (MoU) with the Commonwealth Enterprise and Investment Council (CWEIC), strengthening international investment collaboration ahead of Invest Lagos 3.0 in 2026. The agreement formalised during a courtesy visit by Samantha Cohen, Chief Executive Officer of CWEIC, at Lagos House, Marina. According…

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MIT Africa to Hold 15th Annual Africa Innovate Conference on Feb 28

Innovation isn’t just about creating cutting-edge technology—it’s about designing systems that ensure technology benefits everyone. On February 28th, the MIT Sloan Africa Business Club will bring this vision to life with the 15th Annual MIT Africa Innovate Conference (AIC). For over 15 years, AIC has grown from a bold, student-led initiative into a globally recognized platform…

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