Mali has launched construction of a large-scale gold refinery, SOROMA-SA, in partnership with Russian conglomerate Yadran, marking a significant step in the country’s efforts to boost domestic processing of its mineral wealth.
China has announced a major trade policy that will grant Nigeria and 52 other African nations zero-tariff access to its massive consumer market, opening new doors for exports and economic growth.
CALABAR (CONVERSEER) – Cross River State has declared a bold transition from exporting raw cocoa and coffee to processing premium products locally, aiming to drive job creation, value addition, and inclusive growth within the agricultural sector. This was the central message delivered by the State’s Commissioner for Agriculture and Irrigation Development, Hon. Johnson Ebokpo, during…
CALABAR (CONVERSEER) – The Cross River State Government has unveiled ambitious plans to construct a new airport and establish a state-owned airline as part of efforts to strengthen air connectivity and drive tourism growth across the state. The Commissioner for Aviation, Captain Imah Utum, disclosed this during a recent visit to the Lagos Aviation Academy,…
CALABAR (CONVERSEER) – An investment firm, Stridevest Company Limited, has unveiled a new initiative aimed at supporting Micro, Small and Medium Enterprises (MSMEs) through strategic development, funding, and business growth. The programme seeks to combat unemployment in Cross River State and across Nigeria by empowering business owners through equity partnerships. Speaking during an interactive session…
BERLIN (DPA, CONVERSEER) – Volkswagen (VW) is offering to make large-scale investments in the United States to ward off high tariffs on its imported vehicles, according to chief executive Oliver Blume. “The Volkswagen group aims to invest more in the US,” Blume told Germany’s Süddeutsche Zeitung daily in remarks published on Friday. VW already employs…
CALABAR (CONVERSEER) – Dangote Petroleum Refinery has released new pump prices for petrol across Nigeria, but there is a disparity in the geopolitical zones. Converseer reports that the new petrol price announced this week ranges from ₦875 to ₦905 per litre. A breakdown of the revised price shows that South South, South East and North…
TIRANA (CONVERSEER) – The Future Investment Initiative (FII) Institute today opened the FII PRIORITY Europe Summit in Tirana, Albania, bringing together 600 global investors, political leaders, and innovators. The two-day event focuses on connecting European innovation with global capital. Hosted by Prime Minister Edi Rama, whose leadership has transformed Albania’s economy and attracted significant international…
CONAKRY (CONVERSEER) – The Guinean government has revoked the licenses of more than 40 mining companies, targeting operations in bauxite, gold, diamond, and graphite. While the move signals increasing resource nationalism across military-led states like Guinea, Niger, Mali, and Burkina Faso, industry regional economist say the revoked permits belong to underperforming firms and will have…
ACCRA (CONVERSEER) – Ghana’s energy sector is on the brink of a nationwide power crisis due to a severe shortage of liquid fuel needed to operate the country’s power plants. Energy Minister John Jinapor raised the alarm during an appearance before Parliament’s Energy Committee on Thursday, May 15, revealing that Ghana has less than three…
