Nigeria's energy shift with solar, Enugu Air Takeoff, and Dangote’s $3 Billion Ethiopia Deal

This week on 234Digest Audio Briefs, we track the signals shaping Nigeria’s business outlook, policy priorities, and regional investments.

• Enugu Air launches service with three Embraer jets. The aviation minister calls for professionalism as the state positions itself ahead of November’s National Festival of Arts and Culture.
• The IMF endorses Nigeria’s reform efforts—including subsidy removal, tighter monetary policy, and FX liberalization—highlighting growth and renewed investor interest, while warning of elevated inflation and fiscal stress.
• President Tinubu attends the BRICS Summit in Rio. His push for African inclusion in global decisions is tempered by a new U.S. tariff on South African imports, signaling growing tension around emerging-market alignments.
• Guaranty Trust Holding Company raises $105 million through its first international share offering, setting the stage for a listing on the London Stock Exchange.
• Nigeria’s unreliable power grid drives small businesses toward solar. Analysts say photovoltaic systems will anchor the country’s clean energy transition as it targets 36 percent renewable electricity by 2030.
• Aliko Dangote signs a $3 billion agreement to build a fertilizer plant in Ethiopia. Located along the Djibouti corridor, the facility will boost food security and reduce import dependency across the Horn of Africa.

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