Africa Business News

The Federal Government, through the Ministry of Works, says it has N431bn ready for contractors. The Minister of Works, David Umahi, announced the ministry's intention to focus on most of the dualised roads across the country. Umahi says he had also come up with a performance bond, which meant that all new projects would be guaranteed for 10 years. He says their intention is to face most of the dualised roads in the country.

The Federal Government, through the Ministry of Works, says it has N431bn ready for contractors. The Minister of Works, David Umahi, announced the ministry's intention to focus on most of the dualised roads across the country. Umahi says he had also come up with a performance bond, which meant that all new projects would be guaranteed for 10 years. He says their intention is to face most of the dualised roads in the country.

The Federal Government, through the Ministry of Works, says it has N431bn ready for contractors. The Minister of Works, David Umahi, announced the ministry's intention to focus on most of the dualised roads across the country. Umahi says he had also come up with a performance bond, which meant that all new projects would be guaranteed for 10 years. He says their intention is to face most of the dualised roads in the country.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement

President Bola Tinubu says his administration will acquire land for ranches and livestock production in the country. President Tinubu received the report of the National Conference on Livestock Reforms which called for the establishment of the Ministry of Livestock to better implement their recommendations. Tinubu says the Federal Government will be ready to apply to acquire land for ranches and livestock development. He says the herder-farmer clashes have persisted in the country due to leadership failure.

President Bola Tinubu says his administration will acquire land for ranches and livestock production in the country. President Tinubu received the report of the National Conference on Livestock Reforms which called for the establishment of the Ministry of Livestock to better implement their recommendations. Tinubu says the Federal Government will be ready to apply to acquire land for ranches and livestock development. He says the herder-farmer clashes have persisted in the country due to leadership failure.

President Bola Tinubu says his administration will acquire land for ranches and livestock production in the country. President Tinubu received the report of the National Conference on Livestock Reforms which called for the establishment of the Ministry of Livestock to better implement their recommendations. Tinubu says the Federal Government will be ready to apply to acquire land for ranches and livestock development. He says the herder-farmer clashes have persisted in the country due to leadership failure.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement

China’s tech giant Alibaba has announced that its outgoing chief executive will also step down from its cloud business, sending the company’s shares tumbling. Alibaba shares fell by 3.5 per cent following the surprise announcement that CEO Daniel Zhang would not stay on to lead the e-commerce giant’s cloud business as planned. Alibaba announced in June that Zhang would step down as group CEO to focus solely on leading the cloud intelligence unit. Eddie Wu, who was set to take over from Zhang as group CEO and director in September, will now serve concurrently as chairman and CEO of the cloud business on an interim basis.

China’s tech giant Alibaba has announced that its outgoing chief executive will also step down from its cloud business, sending the company’s shares tumbling. Alibaba shares fell by 3.5 per cent following the surprise announcement that CEO Daniel Zhang would not stay on to lead the e-commerce giant’s cloud business as planned. Alibaba announced in June that Zhang would step down as group CEO to focus solely on leading the cloud intelligence unit. Eddie Wu, who was set to take over from Zhang as group CEO and director in September, will now serve concurrently as chairman and CEO of the cloud business on an interim basis.

China’s tech giant Alibaba has announced that its outgoing chief executive will also step down from its cloud business, sending the company’s shares tumbling. Alibaba shares fell by 3.5 per cent following the surprise announcement that CEO Daniel Zhang would not stay on to lead the e-commerce giant’s cloud business as planned. Alibaba announced in June that Zhang would step down as group CEO to focus solely on leading the cloud intelligence unit. Eddie Wu, who was set to take over from Zhang as group CEO and director in September, will now serve concurrently as chairman and CEO of the cloud business on an interim basis.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement

India’s main opposition leader says that Prime Minister Narendra Modi’s plans to change the country’s name from India to Bharat is absurd. The Modi government’s decision to replace the name with a Sanskrit word in dinner invitations for attendees of the two-day G20 summit in New Delhi led to a major uproar. Gandhi, the leader of the opposition Congress party, says the government’s plan to change the name is a diversionary tactic. The Congress party leader has accused Modi of favouring big industrialists and sought an investigation against the billionaire Adani, who controls the Adani Group, for alleged financial violations.

India’s main opposition leader says that Prime Minister Narendra Modi’s plans to change the country’s name from India to Bharat is absurd. The Modi government’s decision to replace the name with a Sanskrit word in dinner invitations for attendees of the two-day G20 summit in New Delhi led to a major uproar. Gandhi, the leader of the opposition Congress party, says the government’s plan to change the name is a diversionary tactic. The Congress party leader has accused Modi of favouring big industrialists and sought an investigation against the billionaire Adani, who controls the Adani Group, for alleged financial violations.

India’s main opposition leader says that Prime Minister Narendra Modi’s plans to change the country’s name from India to Bharat is absurd. The Modi government’s decision to replace the name with a Sanskrit word in dinner invitations for attendees of the two-day G20 summit in New Delhi led to a major uproar. Gandhi, the leader of the opposition Congress party, says the government’s plan to change the name is a diversionary tactic. The Congress party leader has accused Modi of favouring big industrialists and sought an investigation against the billionaire Adani, who controls the Adani Group, for alleged financial violations.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement

Egypt has voiced anger after Ethiopia announced it had filled the reservoir at a highly controversial hydroelectric dam on the Blue Nile River. Egypt's foreign ministry says Ethiopia was disregarding the interests of the downstream countries. Ethiopia says the $4.2bn dam will not cut their share of Nile water. Ethiopian Prime Minister Abiy Ahmed admitted the project had faced internal and external obstacles. Ethiopia believes the Grand Ethiopian Renaissance Dam will double the country's electricity output, providing a vital development boost, as currently half the 127-million population lacks electricity.

Egypt has voiced anger after Ethiopia announced it had filled the reservoir at a highly controversial hydroelectric dam on the Blue Nile River. Egypt's foreign ministry says Ethiopia was disregarding the interests of the downstream countries. Ethiopia says the $4.2bn dam will not cut their share of Nile water. Ethiopian Prime Minister Abiy Ahmed admitted the project had faced internal and external obstacles. Ethiopia believes the Grand Ethiopian Renaissance Dam will double the country's electricity output, providing a vital development boost, as currently half the 127-million population lacks electricity.

Egypt has voiced anger after Ethiopia announced it had filled the reservoir at a highly controversial hydroelectric dam on the Blue Nile River. Egypt's foreign ministry says Ethiopia was disregarding the interests of the downstream countries. Ethiopia says the $4.2bn dam will not cut their share of Nile water. Ethiopian Prime Minister Abiy Ahmed admitted the project had faced internal and external obstacles. Ethiopia believes the Grand Ethiopian Renaissance Dam will double the country's electricity output, providing a vital development boost, as currently half the 127-million population lacks electricity. This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement

Russian President Vladimir Putin and Mali's interim leader Assimi Goïta have called for a political settlement in Niger, where President Mohamed Bazoum was ousted in July. The two leaders said the Niger crisis should be resolved through political and diplomatic means. Mr Putin and Mr Goïta also discussed bilateral relations, including talks on “anti-terror” operations, the statement said. The Russian leader had in August also emphasised the need for a peaceful solution in Niger.

Russian President Vladimir Putin and Mali's interim leader Assimi Goïta have called for a political settlement in Niger, where President Mohamed Bazoum was ousted in July. The two leaders said the Niger crisis should be resolved through political and diplomatic means. Mr Putin and Mr Goïta also discussed bilateral relations, including talks on “anti-terror” operations, the statement said. The Russian leader had in August also emphasised the need for a peaceful solution in Niger.

Russian President Vladimir Putin and Mali's interim leader Assimi Goïta have called for a political settlement in Niger, where President Mohamed Bazoum was ousted in July. The two leaders said the Niger crisis should be resolved through political and diplomatic means. Mr Putin and Mr Goïta also discussed bilateral relations, including talks on “anti-terror” operations, the statement said. The Russian leader had in August also emphasised the need for a peaceful solution in Niger.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement

The head of Sudan's paramilitary Rapid Support Forces, Mohamed Hamdan Dagalo, has pledged to support humanitarian organisations to deliver aid to those affected by the war. He says that RSF was ready to enhance collaboration and coordination to ensure a seamless provision of aid to those affected. The RSF chief also vowed to safeguard the aid and ensure ease of operations for humanitarian personnel. The Sudanese army and international rights organisations have on several occasions accused the RSF of obstructing the delivery of humanitarian aid.

The head of Sudan's paramilitary Rapid Support Forces, Mohamed Hamdan Dagalo, has pledged to support humanitarian organisations to deliver aid to those affected by the war. He says that RSF was ready to enhance collaboration and coordination to ensure a seamless provision of aid to those affected. The RSF chief also vowed to safeguard the aid and ensure ease of operations for humanitarian personnel. The Sudanese army and international rights organisations have on several occasions accused the RSF of obstructing the delivery of humanitarian aid.