Business
Ekiti seeks partnership with Chinese investors on agro-processing, knowledge zones
Published
8 months agoon
By
Lanre
Ekiti State Governor, Biodun Oyebanji has canvassed the partnership of Chinese investors to expand and accelerate development of the Ekiti State Special Agro-Processing Zone (SAPZ) and the Ekiti Knowledge Zone (EKS), which are central to the state’s economy.
Governor Oyebanji made the call in Ado Ekiti at a meeting with the Chinese investors led by the Executive Secretary-General, China Association of Small and Medium Enterprises, Leo He, emphasized the immense potentials of these zones in driving industrial growth of the state and creating employment opportunities for the youth.
Highlighting the potential of the zones, designed to foster innovation and technology, education, and entrepreneurship, which would attract talents and investment in information technology and other high-tech industries, the Governor expressed confidence that Chinese expertise in agro-processing technology and infrastructure would maximize these opportunities and ensure sustainable development in the sector
While assuring the investors of the state’s readiness to provide necessary support and enabling environment to any serious investors to ensure their investment flourish, the Governor emphasized his administration’s open-door policy to partnership that will drive the economic growth and development of the state.
“I am glad that you have chosen to come to Ekiti State, As a government, we understand our responsibility to investors and that’s why we have put in place a very strong regulations to make doing business easy for the investors.
“I invite you to explore the opportunities offer in our special agro-processing zone which currently have the support of ANDP, the zone is a game changer and any serious investors should take position either in the special agro-processing zone or Ekiti knowledge zone.” The Governor said.
Earlier in his remarks, the Executive Secretary-General, China Association of Small and Medium Enterprises, Leo He commended the Governor for his foresight to diversify the state’s economy, reduce unemployment, and improve the standard of living of the citizens.
Mr Leo He, while explaining that he got inspired by the special agro-processing zone assures the Governor of his organization’s readiness to collaborate with the state government to actualize the objectives of the zones.
Also at the meeting were, Secretary to the State Government, Dr Habibat Adubiaro, Commissioner for Industry, Trade, investment and Cooperatives, Mrs Tayo Adeola, Commissioner for Agriculture and Food Security, Mr Ebenezer Boluwade, and Commissioner for Finance, Mr Akintunde Oyebode.
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Business
Velox Real Estate launches Rivers State’s first eco-friendly luxury resort estate
Published
2 weeks agoon
March 11, 2025By
akonitv
Velox Real Estate launches Rivers State’s first eco-friendly luxury resort estate, blending sustainability, urban living, and economic growth
In a groundbreaking move that will redefine real estate and tourism in Rivers State, Velox Real Estate & Investment Limited, led by visionary developer Akorvueze Nwakanma, has officially commenced construction on the region’s first world-class eco-friendly resort estate.
Situated in the heart of Port Harcourt, this pioneering development is set to revolutionise urban living by seamlessly integrating luxury, sustainability, and economic advancement.
The resort estate is the first of its kind in Rivers State, offering an exclusive residential and commercial hub designed to merge modern architectural excellence with nature’s tranquillity.
With a strong emphasis on environmental sustainability, the development will feature cutting-edge green technologies, lush landscapes, and eco-friendly infrastructure, creating a perfect balance between urban sophistication and responsible living.
Speaking at the project site alongside key industry stakeholders, Akorvueze Nwakanma reiterated his commitment to reshaping the state’s real estate sector and positioning Rivers State as a premier destination for high-end tourism.
“This project is more than just an estate; it is a statement of intent, our pledge to redefine what is possible in urban development.
We are creating a haven where business and leisure coexist, where innovation meets sustainability, and where Rivers State emerges as a trailblazer in eco-friendly holiday destinations,” he stated.
The resort will include an array of premium amenities, such as:
– Luxury residences
– An artificial lake
– A golf course
– Greenhouse farms
– A farm-to-table dining restaurant
– State-of-the-art commercial spaces
– Recreational hubs
– Zero-carbon green zones
With sustainability at its core, the estate will incorporate energy-efficient systems, eco-friendly building materials, and advanced water conservation techniques, setting a new benchmark for green real estate in Nigeria.
Beyond its architectural brilliance, this project is expected to significantly boost Rivers State’s economy.
By attracting high-value investors, creating job opportunities, and enhancing the region’s tourism sector, the development will elevate Port Harcourt’s global appeal as a centre for commerce, leisure, and sustainable living.
As construction gains momentum, excitement is building among real estate investors, business leaders, and potential residents eager to be part of this transformative project.
With Velox Real Estate at the helm, this eco-friendly luxury resort estate is not just a landmark development—it is a bold step toward a greener, more prosperous future for Rivers State.
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Business
Export & Prosper Masterclass: Unlock U.S. market opportunities for Nigerian entrepreneurs
Published
3 weeks agoon
March 7, 2025By
akonitv
Join the Export & Prosper Masterclass in Lagos on 8 March 2025 to learn how to export legally and profitably to the U.S. Register now!
Entrepreneurs, product owners, and Nigerian manufacturers eager to expand into the U.S. market now have the perfect opportunity to gain valuable insights at the **Export & Prosper Masterclass – Lagos Edition**, hosted by **USA Africa Business Hub**. This exclusive event, scheduled for **Saturday, 8 March 2025**, at **9:00 AM**, will take place at the **Manufacturers Association of Nigeria Centre (MAN Centre)** in Ikeja, Lagos.
The masterclass aims to equip Nigerian entrepreneurs with the necessary knowledge and tools to successfully export their products to the United States while complying with U.S. regulations. Participants will learn how to export profitably, safely, and legally through expert-led sessions.
**Gbenga Omotayo**, the **Founder of USAfrica Hub** and **USAfrica Business Expo**, will lead the event. Omotayo will guide attendees through critical topics such as navigating **U.S. export regulations** (FDA, USDA), proper **product packaging and labelling** for the U.S. market, and building relationships with verified U.S. distributors. He will also introduce expert tools and resources designed to help entrepreneurs expand their businesses.
One of the unique features of the masterclass is the opportunity for Nigerian manufacturers, agri-food producers, and apparel designers to bring product samples for evaluation, offering a potential route to U.S. distribution deals. This is a rare chance to showcase products directly to experts and potential distributors.
The event is **free of charge**, but **seats are limited**, and early registration is required to secure attendance. Interested participants can register at **www.tix.africa/exportandprosper** or contact the organisers via WhatsApp at **+1 (917) 826 3566** or **081 0375 7728**.
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Business
ECOWAS Energy Information System workshop to strengthen regional energy data integration
Published
4 weeks agoon
February 27, 2025By
akonitv
The 3rd annual ECOWAS Energy Information System workshop in Lagos aims to enhance energy data management and regional integration
The 3rd annual workshop on ECOWAS Energy Information System is underway in Lagos, bringing together representatives from ECOWAS member states, ECOWAS specialised energy agencies (WAPP, ECREEE) and ECOWAS Directorate of Energy and Mines to enhance energy data management and integration across the region.
Also read: ECOWAS food and cultural festival 2024 to address West Africa’s security challenges
The four-day workshop, running from 25 to 28 February 2025, aims to reinforce Member states capacity, and improve the quality of energy data at national and regional level in order to address challenges in gathering energy statistics on supply, usage, and availability in West Africa.
The ECOWAS Energy Information System (ECOWAS-EIS) was launched on 24 March 2023 in Bissau, Guinea-Bissau, to ensure the reliable collection, storage, and dissemination of energy data.
ECOWAS developed this digital platform to better guide policymakers, investors, and researchers with accurate energy information.
Speaking at the opening event, the Director of Energy and Mines at the ECOWAS Commission, Dabire Bayaornibè, highlighted the progress made in harmonising energy data collection.
He noted that before the implementation of the ECOWAS-EIS, many member states lacked access to comprehensive energy information.
Now, data on electricity access, energy production and consumption, energy infrastructure, energy efficiency etc. are available, enabling effective monitoring and planning.“In previous years, several member states struggled to track energy usage and outages.
Today, through ECOWAS-EIS, we are improving access to accurate data, enhancing national energy information systems, and strengthening regional integration,” Bayaornibè said.
Nigeria has already set an example by launching its National Energy Information System (NEIS) in October 2024 following a support from ECOWAS Commission through development of the computerized data collection system and training of national actors.
The system provides real-time energy data, aiding the government and private sector in decision-making.Bayaornibè stated that ECOWAS aims to replicate Nigeria’s success across other member states.
The Director-General of the Energy Commission of Nigeria, Dr Mustapha Abdullahi, represented by the Director of Energy Utilisation & Management, Engr. Mohammed Adam Mundu, described the workshop as a crucial step in consolidating three years of effort towards a unified ECOWAS Energy Information System.
“The first workshop, held in Accra, Ghana, in 2022, provided an assessment of our energy information system. Côte d’Ivoire hosted the second edition in 2023, leading to improvements in data quality.
This third workshop in Lagos now focuses on consolidating our progress and expanding the system across Member States,” he said.Guinea-Bissau’s Director of Energy Planning and Statistics, Mohammadu Saido Baldi, emphasised the importance of knowledge sharing.
He noted that learning from the experiences of other nations would help improve Guinea-Bissau’s national energy database.“
A well-structured energy information system is essential for developing informed policies and achieving long-term energy security,” Baldi stated.
The ECOWAS Energy Information System workshop aligns with Priority Action 1.6 of the updated ECOWAS Energy Policy, which aims to improve governance and performance in the energy sector by enhancing data access and harmonisation.
The initiative also supports the development of the West African Power Pool and the African Atlantic Gas Pipeline, further strengthening regional energy integration and economic growth.
By ensuring a consolidated and reliable regional energy information system, ECOWAS is reinforcing its commitment to achieving Sustainable Development Goal 7 (SDG7) – access to affordable, reliable, sustainable, and modern energy for all.
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