The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) plans to convert 100,000 vehicles to Compressed Natural Gas (CNG), promoting sustainable energy.
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A summit in Nigeria highlighted the potential of sports as a driver of economic growth, job creation, and community development across Africa. The event brought together stakeholders from the sports industry to discuss ways to harness the economic potential of sports.
Ghana’s Afrochella has rebranded as AfroFutura, expanding its reach to Brazil and Jamaica to celebrate the African diaspora’s cultural ties. The festival will showcase a blend of music, art, and culture, highlighting Africa’s rich heritage and its influence on global culture. AfroFutura promises to be a vibrant celebration of African identity and creativity.
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.
Nigerian governors have signed a Memorandum of Understanding with China to address the country's energy crisis, aiming to improve Nigeria's energy infrastructure.