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As IOCs scale back from Nigeria’s shores, indigenous operators are making a different calculation because their business is centred almost entirely on Nigeria.

The significance of the France deal is therefore not that Morocco is already powering Europe. It is that European countries are beginning to look seriously at North Africa as a potential source of electricity generated from its strong solar and wind resources.

For decades, Ethiopia barred foreign banks from its financial sector, reserving the market for domestic institutions. Although recent reforms have opened the door to international lenders, investor interest has remained muted.

The naira has lost half its value since 2023’s float, yet no candidate is promising to reverse it. As Nigeria heads to 2027, the currency that once decided elections has quietly faded from the political debate.
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Post hereMost financial infrastructure was built in markets where payments already…

Eterna Plc and Fuelmetrics launch self-service fuel stations in Nigeria,…

Y Combinator-backed fintech Bujeti has launched a tax management product…

Planning to make contactless payments? Cardtonic Introduces Platinum Card to…

Target Yield offers Nigerians a disciplined goal-driven investment structure with…

In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…

Rana Energy, an AI-powered Clean Energy-as-a-Service ecosystem, announced the successful…

Schneider Electric, the leader in the digital transformation of energy…

Lagos, Nigeria – August 26, 2025 – All On, a Shell-funded…

You can post on Techpoint Africa too!
Post hereOther highlights

TotalEnergies bet big when Western banks walked away from Uganda’s oil dream. Now, with the EACOP pipeline nearly built and first oil due in 2026, that risky, go-it-alone strategy looks set to pay off — for the company and for Uganda.

Trump just handed Africa a one year lifeline on trade, then slapped fresh tariffs on its biggest economies anyway. Is AGOA still worth having, or just a name Washington keeps around while it rewrites the rules?

The proposed refinery could reshape fuel trade across East Africa, and create new competitive pressures for existing suppliers.

Africa’s seventh-largest economy, Ethiopia, is cutting its exposure to external funding, one budget at a time. To close the gap, Addis Ababa says it will lean more heavily on domestic sources with nearly two-thirds of this year’s spending to be financed locally.