
Category: Business News
Business News

Wecyclers secures $2m to recycle 30,000 tonnes of plastics in 5 years in Nigeria
By agreeing to raise this new funding for Wecyclers, Unilever West Africa Nigeria has chosen to strengthen nine years of cooperation with the Nigerian start-up. Indeed, since 2014, the two companies have been working together as part of Unilever’s ‘Waste to wealth’ campaign, which helps local organisations identify how to create value and jobs from the reduction, collection, recycling and reuse of plastic waste.
MicCom COO identifies access to foreign exchange, electricity as major challenges confronting cable manufacturers in Nigeria
With the national grid collapsing about 98 times since 2015, the cost of alternative sources of power for sustaining local manufacturing of cable bears heavily on indigenous companies.

Africa’s Green Economy Summit and Formula E provided extra kick-start for green invasion of the continent
“We are back in 2024, aligned to the Formula E and E-Fest again”

New leadership announced for Nissan Africa
“These are clear signals of the importance of Africa to Nissan globally through this new increased focus on the continent” says Joni Paiva who was newly appointed as Africa President. Paiva will also continue his current position as Divisional Vice President, overseeing Sales and Marketing, India.

Paradigm Communications Nigeria partners IFDC to advance African Rural Economy and Livelihood
“The initiative is aimed at Promoting African Rural Economy, Livelihood Income Generation and Sustainable Development through Responsible Reporting (PARELSDRR) project to galvanize African media outlets, and newsrooms to set agenda for increased public expenditures and investments in favour of rural economy of African communities.”

Schneider Electric identifies ways CIOs can make their supply chains more intelligent with industrial edge
Chief Information Officers (CIOs) have become integral leaders in businesses’ recuperation efforts; implementing and utilising technology in both company strategy and daily operations such as supply chains, Nmor Morris, Enterprise Account Manager, Secure Power at Schneider Electric has said.

NCDMB and BoI partner to drive in-country oil, gas manufacturing
The move is expected to increase Nigeria’s 10 per cent capacity in manufacturing oil and gas components, equipment and machinery.

Prosper Africa partners with major financial institutions to invest $274 million in affordable housing across West Africa
This deal represents an innovative approach to mobilize transparent, market-oriented financing at scale and is expected to help about 6,000 households gain access to homeownership.

Ikeja Electric marks International Women’s Day to embrace equity
Soetan said equity can be promoted in the workplace through mutual understanding, strong interpersonal relationships and by being honest with one another at all times as these will go a long way to boost the morale of individuals for better performance, especially those who feel that they are being treated unjustly in the workplace.

Schneider Electric releases new White Paper, TradeOff Tool focused on how DCIM addresses Hybrid IT management challenges
The new White Paper focuses on Data Center Infrastructure Management (DCIM) software and takes a close look at the rapidly-changing role of the Chief Information Officer (CIO) as IT has taken center stage in the past few years.