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Nigeria may lose N20 trillion to power sector corruption in a decade, says report: Nigeria may lose N20 trillion to corruption in the power sector in the next 10 years if urgent steps are not taken to check the rate of government funding. Read more

East Africa: Cabinet Approves the Ratification of the Tripartite Free Trade Area: Cabinet has approved the ratification of the EAC-COMESA-SADC Tripartite Free Area Agreement (FTA), paving way for the implementation of the Agreement. Read more

Sugar production declines by 40 per cent in first half: Sugar production in the first six months of the year dropped 40 per cent compared with a similar period in 2016 as the shortage of raw material in the field continues to take a toll. Read more

Franklin to hit Mexico oil state as season’s first Atlantic hurricane: Storm Franklin, now a Category 1 hurricane, is set to crash into eastern Mexico’s key oil-producing Gulf state of Veracruz as the Atlantic’s first hurricane of 2017, the U.S. National Hurricane Center said on Wednesday. Read more

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