A summit was held in Nigeria to unlock the potential of sports as a driver of economic growth, job creation, and community development across Africa. The event highlighted the importance of sports in fostering economic development.
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Africa's startup ecosystem is thriving, with significant investments in AI, fintech, and agritech. Women-led tech startups are driving innovation, and the continent is witnessing a surge in entrepreneurial activity. The growth of the startup ecosystem is expected to create new opportunities for economic development and job creation.
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The African Union has launched the African Credit Rating Agency to counteract global rating bias and promote economic development. The agency aims to provide accurate and unbiased credit ratings for African countries, helping to attract investment and promote economic growth.
Nigerian governors have signed a Memorandum of Understanding with China to address the country's energy crisis, aiming to improve Nigeria's energy infrastructure.