Africa: Awakening The Blue Giant, Catalyzing The Growth Of Nigeria’s Maritime Economy Through PR


Afreximbank continues to push the limits in Africa to promote intra and extra African trade. Total assets as at June 2019 closed at $15.4bn, gross income of $498m, net income of $137m , CAR at 23%, NPL at 3%, CIR at 17.4% and Shareholders Funds of $2.7bn. Afreximbank’s intervention in the maritime sector in the last 3 years include more […]

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Nigerian Navy in the first successful rescue of a hijacked ship by an Africa country

It was supposed to be a U.S.-led naval training maneuver off the coast of West Africa when real-life drama intervened, with pirates taking over an oil tanker and turning the exercise into a rescue mission. Navies from the United States, Ghana, Togo and Nigeria tracked the hijacked tanker through waters off five countries before Nigerian naval forces stormed aboard on […]

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Maritime boundary dispute between Ghana, Cote d’Ivoire: Ghana files statement of case

By: Mabel Aku Baneseh Ghana has filed a detailed memorial urging the International Tribunal for the Law of the Sea (ITLOS) to ward off Cote d’Ivoire from disputed oilfields. The memorial (statement of case), which was filed on September 4, 2015, was filed on time, thereby making it possible for Ghana to meet the deadline. Attached to the memorial are […]

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