Growth & Insight - Inside Business Africa

May192026 by info@insidebusinessafricang.comNo Comments

BRG Summit Highlights Real Estate Growth, Market Opportunities

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The summit, themed ‘Closing Deals, Building Networks, Creating Wealth,’ brought together over 1,000 young leaders, entrepreneurs, stakeholders and professionals across the country for networking and discussions on growth opportunities in Nigeria’s real estate industry. Speakers at the event stressed that growth and sales could be deliberately driven through effective systems, marketing structures, follow-up plans and advertising strategies, including the use of social media and educational content to generate predictable income. President of BRG, Dr. Emmanuel Abikoye, said the real estate market had evolved rapidly due to changing buyer behaviour, investor expectations and increased competition, noting that knowledge, structure, visibility, trust and consistency were essential for su...

May192026 by info@insidebusinessafricang.comNo Comments

Lagos To Host 7th Africa Illustrious Awards Honouring African Excellence

Africa, Breaking News, Energy, Entertainment, Growth & Insight, Industry, Innovation, News, Travel, World

Lagos will host the seventh edition of the prestigious Africa Illustrious Awards, as distinguished personalities from across the continent prepare to converge for a celebration of excellence, leadership, and transformational impact. The award ceremony is slated for June 6, 2026, at the Oriental Hotel in Lagos, with attendees expected from Nigeria, Kenya, Rwanda, South Africa, Algeria, Egypt, and several other African nations. According to the organisers, the event will assemble some of Africa’s brightest minds and most respected figures whose contributions in business, innovation, entrepreneurship, academia, technology, philanthropy, leadership, and public service have continued to drive growth and development across the continent. The ceremony is also expected to include special ...

May192026 by info@insidebusinessafricang.comNo Comments

St. George’s Varsity Advocates Improved Mental Health Support Across Africa

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As Mental Health Awareness Month is observed globally, St. George’s University (SGU) School of Medicine has advocated improved mental health support systems across Africa amid growing concerns over the rising number of people living with mental health conditions on the continent. Recall that the World Health Organisation (WHO) revealed that nearly 150 million people in Africa were living with mental health conditions in 2025, highlighting the increasing burden of psychological disorders across the region. Despite the growing need for intervention, access to mental health care remains limited due to a shortage of professionals. A 2025 regional analysis by UNICEF showed that Africa has approximately 1.4 mental health workers per 100,000 people, far below the global average of about nin...

May192026 by info@insidebusinessafricang.comNo Comments

Institute Advocates AI Adoption

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The president and chairman of the Governing Council of the Chartered Institute of Personnel Management of Nigeria (CIPM), Ahmed Ladan Gobir, has said that artificial intelligence has evolved from a largely theoretical concept into a key force driving change across multiple sectors. Speaking in Lagos recently, he emphasised the need for stakeholders to critically engage with both the opportunities and ethical challenges associated with its adoption. According to Gobir, AI is increasingly influencing decision-making processes, workforce dynamics, and operational efficiency across industries, making it imperative for organisations and professionals to adapt to the rapidly changing technological landscape. He noted that while the technology offers significant potential for innovation, pr...

May192026 by info@insidebusinessafricang.comNo Comments

US-Iran crisis: Nigerian crude nears $120

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Nigerian crude is again edging towards $120 per barrel as the conflict in the Middle East shows no sign of ending. The PUNCH reports that data from the Central Bank of Nigeria showed that Bonny Light, Nigeria’s flagship crude oil grade, traded at about $117 per barrel, gradually returning to its April level when prices almost hit $140 at one point. Nigerian crude is usually sold at a premium above the global benchmark, Brent crude. Oil prices have surged from about $70 per barrel since the war between the United States and Iran erupted, and the Strait of Hormuz, which handles about 20 per cent of global oil transportation, was closed. According to Al Jazeera, Iran has submitted a response to the latest United States proposal aimed at ending the war through mediator Pakistan. Ir...

May192026 by info@insidebusinessafricang.comNo Comments

Dangote refinery reduces jet fuel price to N1,650/litre

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The Dangote Petroleum Refinery has dropped the price of jet fuel from N1,750 to N1,650 per litre. The company disclosed this in a statement made available to The PUNCH on Monday. Recall that airlines in Nigeria recently threatened to stop operations due to the rising cost of aviation fuel. Since the advent of the US-Iran war, there has been a spike in aviation fuel in Nigeria, which the Airline Operators of Nigeria said was not proportionate to the hike internationally. According to the airlines, fuel prices have skyrocketed from about N900 per litre before the crisis to between N2,700 and N2,900, with some marketers selling as high as N3,300. But in the statement on Monday, the Dangote refinery said the price drop was in addition to a 30-day interest-free credit facility backe...

May182026 by info@insidebusinessafricang.comNo Comments

Olympic City project to tackle Lagos housing deficit, boost sports development — Olalere

Economy, Energy, Finance, Growth & Insight, Industry, Innovation, News, Power, Sports, Technology & Innovation, What's Hot, World

Chairman of the Lagos State Gymnastics Association and board member of the Gymnastics Federation of Nigeria, Omowunmi Olalere, has said the newly launched Olympic City project will help address Lagos’ housing deficit while advancing sports development in the country. Olalere, who is also the Chief Executive Officer of Numero Global Resources, disclosed this in an interview with The Guardian, describing the initiative as a first-of-its-kind mixed-use development combining residential living with sporting facilities. According to her, the land earmarked for the project was allocated to the Nigerian Olympic Committee (NOC) about three decades ago for sporting development. “The Olympic City project is a flagship development that has just been launched. The land was allocated to the Ni...

May182026 by info@insidebusinessafricang.comNo Comments

Over 50 pan-African fellows inducted to strengthen AI ethics and governance across Africa

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The Policy Innovation Centre (PIC), in partnership with Africa Hub for Innovation & Development (AHFID), and supported by Luminate, has launched the Pan-African AI Ethics and Governance Fellowship, a flagship initiative aimed at strengthening African leadership and institutional capacity for ethical, inclusive, and accountable artificial intelligence governance. The Fellowship comes at a critical moment as artificial intelligence continues to reshape governance, public services, and economic systems across Africa. While countries are increasingly adopting AI-driven solutions in sectors such as health, education, agriculture, and finance, concerns around algorithmic bias, data exploitation, weak accountability systems, and exclusion persist. Against this backdrop, the Fellowship is d...

May182026 by info@insidebusinessafricang.comNo Comments

Africa must fund Africa

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In a recent interview with Reuters, Oando’s Group Chief Executive, Wale Tinubu, set out more than a financing strategy, outlining a structural shift in how Africa must think about funding its future. As Oando advances plans to raise about $750m for an extensive drilling campaign that could significantly increase production, the conversation extends beyond capital availability to the changing nature of that capital and the implications for Africa’s long-term energy security. Global dynamics are already reshaping the funding landscape, as heightened geopolitical tensions and supply disruptions redirect investor attention toward comparatively stable regions such as West Africa, while traditional sources of capital continue to retreat. European banks, once central to financing African hydro...

May182026 by info@insidebusinessafricang.comNo Comments

Fertiliser Plants: Dangote vows to ensure food security in Africa… Raises Investment in Ethiopia to $4 Billion

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President of the Dangote Group, Aliko Dangote, has reaffirmed his commitment to boosting food security across Africa through large-scale fertiliser investments, declaring that the continent has the capacity to feed itself and become a net exporter of agricultural products.Dangote made this known while addressing journalists in Gode, in Ethiopia’s Somali region, during a high-profile visit hosted by Prime Minister Abiy Ahmed. The Prime Minister personally received Dangote and accompanied him to inspect the site of the proposed fertiliser plant, where construction activities are already underway.Speaking on the strategic importance of fertiliser in agricultural productivity, Dangote noted that Africa’s food insecurity challenges are largely due to limited access to key inputs.“Africa holds i...