The African Development Bank (AfDB) has approved a €73.27 million loan to Equatorial Guinea for the first phase of its Human Capital Development Project (PARCH 1).Running from 2025 to 2030, the initiative will strengthen vocational training and expand… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader AfDB approves loan to boost youth jobs, skills in Equatorial Guinea By Busola Bamidele on September 30, 2025 The African Development Bank (AfDB) has approved a €73.27 million loan to Equatorial Guinea for the first phase of its Human Capital Development Project (PARCH 1). Running from 2025 to 2030, the initiative will strengthen vocational training and expand job opportunities, especially for young people and women. Two modern polytechnic institutes will be set up in Bioko Sur and Welé-Nzas, offering market-driven skills in agriculture, fisheries, tourism, public works, and digital technology. Read also: AfDB approves loan to boost youth jobs, skills in Equatorial Guinea Edo flyover project to unlock new business opportunities Nigeria seeks global investment boost in energy, infrastructure SMEs set to benefit from Ogun–China infrastructure partnership New tax regime to unlock growth for SMEs According to AfDB, PARCH 1 is expected to generate 4,500 jobs, support 500 youth- and women-led businesses, and provide training and job placements for nearly 2,000 people. With youth unemployment at 23.5% and women hardest hit, the project will address the skills gap by aligning training with private sector needs, fostering entrepreneurship, and improving economic inclusion. AfDB says the investment will not only create jobs but also strengthen social stability in the country.

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Edo State's first-ever flyover at Ramat Park is now 60% completed, marking a major step in the state's drive to modernize infrastructure and improve mobility. The project, supported through federal funding, is designed to ease traffic congestion … Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Edo flyover project to unlock new business opportunities By Abimbola Akomolafe on September 30, 2025 Edo State's first-ever flyover at Ramat Park is now 60% completed, marking a major step in the state's drive to modernize infrastructure and improve mobility. The project, supported through federal funding, is designed to ease traffic congestion for commuters traveling between the east and north from Benin City. Once completed, the flyover will also boost Edo's positioning as a transport and logistics hub. Read also, Edo flyover project to unlock new business opportunities Nigeria seeks global investment boost in energy, infrastructure SMEs set to benefit from Ogun–China infrastructure partnership New tax regime to unlock growth for SMEs CAC, SMEDAN offer free business registration for MSMEs For small businesses, the development is expected to create new opportunities in trade, transport services, logistics, and roadside commerce, while also reducing travel time and operational costs. Officials noted that the project reflects a commitment to prudent use of public resources while ensuring infrastructure directly supports economic growth and everyday livelihoods in Edo State.

SMALL BUSINESS INSIGHTS © 2025. Unsubscribe or manage your email subscriptions. Get the Jetpack app Subscribe, bookmark, and get real‑time notifications - all from one app! Automattic, Inc. 60 29th St. #343, San Francisco, CA 94110

This afternoon in Lagos, Nigerian leaders met with global investment figures Hakeem Belo-Osagie of Metis Capital and Bayo Ogunlesi of Global Infrastructure Partners & BlackRock. Discussions centered on unlocking large-scale investments in upstrea… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Nigeria seeks global investment boost in energy, infrastructure By Abimbola Akomolafe on September 30, 2025 This afternoon in Lagos, Nigerian leaders met with global investment figures Hakeem Belo-Osagie of Metis Capital and Bayo Ogunlesi of Global Infrastructure Partners & BlackRock. Discussions centered on unlocking large-scale investments in upstream oil and gas as well as critical infrastructure to drive long-term national growth. Read also, Nigeria seeks global investment boost in energy, infrastructure SMEs set to benefit from Ogun–China infrastructure partnership New tax regime to unlock growth for SMEs CAC, SMEDAN offer free business registration for MSMEs FCCPC, U.S. embassy partner to strengthen consumer protection Nigeria signaled readiness to partner with credible global investors, including its diaspora, to strengthen energy security and deliver modern infrastructure for prosperity across Africa. Officials emphasized that ongoing reforms are building a stronger enabling environment, opening new frontiers for sustainable financing, global capital inflows, and transformative projects that will position Nigeria as Africa's premier investment hub.

SMALL BUSINESS INSIGHTS © 2025. Unsubscribe or manage your email subscriptions. Get the Jetpack app Subscribe, bookmark, and get real‑time notifications - all from one app! Automattic, Inc. 60 29th St. #343, San Francisco, CA 94110