April 2026 – Page 8 – Rise Africa

Axxela Deepens Workplace Safety Culture with 10M LTI-Free Ho

30.04.2026

Axxela Limited says it has recorded 10 million lost time injury-free man-hours across its operations as of April 2026, a development the firm links to its safety systems and workplace culture. The company disclosed this in a statement on Wednesday, noting that the milestone represents millions of hours of operational activity completed without a single...

UniCloud & OADC Expand Cloud Infrastructure in Africa

30.04.2026

UniCloud Africa and Open Access Data Centres have announced a strategic partnership to scale sovereign cloud and artificial intelligence infrastructure across the continent in a move aimed at strengthening Africa’s digital independence and reducing reliance on offshore data systems. Under the agreement, UniCloud Africa will host its enterprise sovereign cloud and AI infrastructure within OADC’s...

Dangote Refinery supplies jet fuel to international airlines

30.04.2026

The Dangote Petroleum Refinery and Petrochemicals said it has commenced a direct delivery of aviation fuel to Ethiopian Airlines amid the tightness caused by the US-Iran crisis. The Managing Director of Dangote Refinery, David Bird, said the company has begun supplying jet fuel, diesel, and petrol to international customers, extending its operations beyond Nigeria. He...

Oriental Energy Lauded for CSR Impact in Host Communities

30.04.2026

The management of Oriental Energy Resources Limited, Lagos, has lauded the company’s corporate social responsibility impact in its host communities, revealing that its modest contributions have fostered knowledge and research at the Akwa Ibom State University, Ikot Akpaden. The company’s executive chairman and founder, Alhaji Muhammadu Indimi, disclosed this while speaking with our correspondent in...

Cadbury Shares Slide 10% on Ibukun Awosika’s Exit

30.04.2026

Cadbury Nigeria Plc shares sank 10% following announcement of the resignation of its director, Ibukun Awosika from the board. The company disclosed this in a notice to the Nigerian Exchange Limited and the investing public on Wednesday, in a statement signed by the Company Secretary, Afolasade Olowe. According to the official notice, Awosika’s resignation will...

Naira Strengthens Against Dollar as FX Turnover Surges

30.04.2026

The naira rose against the US dollar at the Nigerian Foreign Exchange Market amidst a significant surge in interbank turnover, according to daily FX data published by the Central Bank of Nigeria. Dollar liquidity improved above international payment levels after consecutive market pressures that pushed the local currency lower at the official window. Daily FX...

Business

Quest Merchant Bank Appoints New Executive Director

30.04.2026

Quest Merchant Bank has announced the appointment of Andrew Lewis, popularly known as Ayo Lewis, as its new Executive Director of Risk Management and Executive Compliance Officer. The appointment, which has received formal regulatory approval from the Central Bank of Nigeria, marks a significant step in the bank’s efforts to bolster its institutional resilience amid...

Fintech targets faster cross-border payments for gamers

30.04.2026

Fintech company OneDosh on Wednesday entered into a strategic partnership with Nigerian gaming creator PlaywithTomide in a move aimed at accelerating cross-border payments and improving access to digital financial services for online communities, particularly gamers. The partnership also includes an equity stake for PlaywithTomide in OneDosh, positioning him not only as a brand collaborator but...

Push for Value Addition in Africa’s Mineral Sector

30.04.2026

The Minister of Solid Minerals Development and Chairman of the Africa Minerals Strategy Group, Oladele Alake, has called for stronger regional cooperation among African countries to reposition the continent as a major force in global mineral supply chains. Alake made the call at the Kenya Mining Investment Conference and Exhibition 2026, warning that Africa risks...

Firm debuts three-week bungalow delivery system in Nigeria

30.04.2026

A Nigerian construction technology firm has highlighted a building system that it says can deliver bungalows in as little as three weeks, as it seeks to address delays and inefficiencies in the country’s housing sector. Sourcebridge Limited, an innovator in modern construction technology in Nigeria, has launched a four-weekend live technical demonstration of its EasyForm...