African economy

Foreign Firms Still Win Big in Africa’s \$90bn Infrastructure Market

Sep 9, 2025. by Kelvin Umoh

African countries spend \$90bn yearly on infrastructure Local contractors sidelined due to financing gaps Afreximbank launches support plan for African firms Africa spends nearly \$90 billion every year on infrastructure, but most of the contracts still go to foreign companies. Eko Hot Blog reports that this concern was brought to the fore during the Intra-African … Read more

‘Best Doctors in America Are Nigerians’ – Davido

Nov 27, 2024. by Ekohot Editor

Afrobeats superstar David Adeleke, popularly known as Davido, has asserted that some of the brightest minds in the United States, including top doctors, are Nigerians. Speaking on Afric TV, Davido highlighted the intellectual and creative contributions of Africans on the global stage. He noted that Nigerians excel not only in the medical field but also … Read more