Egypt Secures $184.1 Million from African Development Bank for Continent’s Largest Solar, Battery Storage Project

The African Development Bank Group has approved a financing package of up to $184.1 million to support Egypt’s Obelisk solar energy project, a 1-gigawatt photovoltaic plant integrated with a 200MWh battery storage system, making it the largest of its kind in Africa.

World Cup 2026: Visa Names 17-Year-Old Lamine Yamal as Ambassador in Bold Youth-Driven Campaign

As the countdown begins for what will be the largest FIFA World Cup in history, taking place across Canada, Mexico, and the United States in 2026, Visa has made a headline-grabbing move: naming 17-year-old football sensation Lamine Yamal as its official ambassador for the tournament.

Aliko Dangote Steps Down as Chairman of Dangote Sugar Refinery After Two Decades of Leadership

Aliko Dangote, billionaire industrialist and one of Africa’s most influential business leaders, has announced his retirement as Chairman of Dangote Sugar Refinery Plc. This marks the end of a transformative 20-year tenure, effective June 16, 2025.

Al Ahli Tripoli and Petro de Luanda to Clash in 2025 BAL Finals in South Africa on June 14

...Al Ittihad and APR Set for Third-Place Game on June 13

The 2025 Basketball Africa League (BAL) Finals are officially set. Al Ahli Tripoli (Libya) will take on Petro de Luanda (Angola) on Saturday, June 14 at 4 p.m. CAT at the SunBet Arena in Pretoria, South Africa, concluding the league’s landmark fifth season.

MultiChoice Subscriber Base Shrinks by 2.8 Million Amid Economic Pressures, Streaming Competition

MultiChoice, owners of DStv and GOtv, has shed approximately 2.8 million subscribers as persistent economic pressures weigh heavily on households across its African markets.

Meta Launches AI-Powered Video Editing Tool for Creative Storytelling

Meta has introduced a new generative AI video editing feature, now available in the Meta AI app, on the Meta.AI website, and in the Edits app. This feature allows users to apply preset AI prompts to transform short-form videos, changing outfits, locations, lighting, and more, before sharing them directly to platforms like Facebook, Instagram, or Meta’s Discover feed.

Rite Foods Champions Ojude Oba Festival, Showcases Cultural Commitment

Rite Foods Limited, a prominent player in Nigeria’s food and beverage industry, powered this year’s Ojude Oba Festival in Ijebuland, Ogun State, reaffirming its commitment to cultural preservation and community engagement at the event held on Sunday, June 8, 2025.

TAJBank Launches N20 Billion Second Tranche of Mudarabah Sukuk Bond

TAJBank, a prominent non-interest financial institution in Nigeria, has finalised the agreement for the N20 billion second tranche of its N100 billion Mudarabah Sukuk bond programme.

Premier League TV Ratings Drop Following Lackluster Season

Sky Sports and TNT Sports, the Premier League’s primary domestic broadcasters, both experienced a decline in viewership of up to 14 per cent during the 2024/25 season, according to figures obtained by The Times.

SEC Reiterates Ban on Crypto Bridge Exchange in Nigeria

The Securities and Exchange Commission (SEC) has reiterated that Crypto Bridge Exchange (CBEX), operating under the name ST Technologies International Ltd., is still banned from operating in Nigeria.

Emirates SkyCargo Expands Freighter Services Between Europe and Global Markets

...New weekly charter flights boost trade between Milan and Southeast China

Emirates SkyCargo, the cargo division of the world’s largest international airline, has expanded its freighter operations across Europe, strengthening connections with key points on its global network. Strategically located between East and West, Emirates SkyCargo plays a vital role in facilitating global trade with speed, efficiency, and reliability.

Global Out-of-Home Advertising Sees Robust Growth and Rapid Consolidation, Says WOO President

The World Out of Home Organisation (WOO) President, Tom Goddard, addressed over 600 delegates from 58 countries during a keynote speech at the WOO Annual Congress held in Mexico City, highlighting major strides in the global Out-of-Home (OOH) advertising sector.

Plateau Deputy Governor Applauds Oando Foundation for Advancing Education Access

In a strong endorsement of collaborative efforts between the public and private sectors in education, Her Excellency, Deputy Governor of Plateau State, Josephine Piyo, has praised Oando Foundation, an independent charity committed to supporting Nigeria’s Universal Basic Education goals, for its sustained efforts in reintegrating out-of-school children through its LEARNOVATE-FLIP (Foundational Learning Improvement Programme) initiative.