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Afri-Caribbean Investment Summit Charts Path for Stronger Economic Ties, Shared Prosperity

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Afri-Caribbean Investment Summit Charts Path for Stronger Economic Ties, Shared Prosperity

By: Michael Mike

The Afro-Caribbean Investment Summit, have marked a significant step in strengthening the ties between the two regions; Africa and the Caribbean, with a focus on sustainability, economic diversification, and collaboration for shared prosperity.

The historical event which took place in Abuja Nigeria, was organised by Aquarian Consult, in partnership with the government of Saint Kitts and Nevis, with theme, ‘bridging continents: Africa and the Caribbean, a partnership for prosperity.’

The event brought together political, business, and academic leaders from both Africa and the Caribbean to discuss the potential for deeper economic partnerships and long-term development.

Prime Minister of St. Kitts and Nevis, Dr. Terrence Michael Drew while delivering his keynote address highlighted the deep-rooted connection between Africa and the Caribbean.

He described Africa not just as a distant relative to the Caribbean but as the “mother” of the region.

He called for a shift from occasional discussions to a more structured, sustained collaboration in economic, cultural, political, and spiritual areas.

Drew emphasized that both regions must chart a course toward greater cooperation, recognizing their shared stories, challenges, and potential.

He highlighted the importance of addressing climate change, noting that the Caribbean, like many parts of Africa, has already felt the devastating effects of global warming.

Drew presented the geothermal energy project in Nevis as a model for sustainable energy, aiming to reduce the region’s dependency on fossil fuels and promote renewable energy solutions. He proposed that this effort could serve as a model for both African nations and small island developing states across the globe.

“The COVID-19 pandemic exposed the vulnerabilities of global supply chains, especially in the food sector. In response, St. Kitts and Nevis has been investing in modernizing its agricultural systems with a focus on climate-resilient crops and sustainable farming techniques.

“We call on Africa’s agricultural expertise to partner in these efforts, joint research, farm exchanges, and technology partnerships could revolutionize food production for both regions.

“We need reform in our financial systems to support innovation and economic growth. Young entrepreneurs, women, and small businesses often struggle to access the capital needed to bring their ideas to life. It is importance we create innovative financial instruments, such as diaspora bonds and microfinance programs, which could foster economic independence and growth across the Afro-Caribbean bloc.”

Former President of Mauritius, Dr. Ameenah Gurib-Fakim, also emphasized on the structural challenges facing Africa. She noted that while Africa is home to vast natural resources and a growing youthful population, it accounts for a disproportionately small share of global trade and GDP.

Gurib-Fakim highlighted the Africa Continental Free Trade Area (AfCFTA) as a critical step toward creating a unified market that could unlock Africa’s manufacturing potential.

However, she warned that Africa’s economic transformation would only be possible if the continent invests in science and technology and addresses its skills gap in order to meet the demands of the modern economy.

Gurib-Fakim also stressed the importance of education reform to drive innovation and entrepreneurship. She criticized the continent’s educational systems, which she argued “limits the development of critical thinking and problem-solving skills necessary for success in knowledge-based economies.”

For her part, Ms. Aisha Maina, General Managing Director of Aquarian Consult, emphasized the concept of a “Global Africa,” referring to the shared identity and common heritage of people of African descent around the world.

She declared that the time has come for the Global South to invest in itself, reject externally imposed development metrics, and create its own standards for growth.

Maina called for greater collaboration between Africa and the Caribbean, not just in trade but in innovation and entrepreneurship.

She stressed that “both regions must come together, leveraging their collective strengths, to overcome historical divisions and forge a path toward mutual prosperity.”

Also, Prof. Benedict Okechukwu Oramah, President of the Africa Export-Import Bank (Afrexim Bank), reinforced the need for institutionalized cooperation between Africa and the Caribbean.

He highlighted the shared history of colonization and displacement, but also the immense potential for the two regions to collaborate on a global scale.

Oramah emphasized the role of Afreximbank in facilitating trade and investment, urging both regions to harness their natural resources and intellectual capital to build industries that can compete on the global stage.

Oramah concluded by stating that the unity of Africa and the Caribbean could form one of the world’s most powerful political and economic blocs, with the capacity to shape global affairs.

The summit, he said, “was a step toward creating a structured, organized framework for Afro-Caribbean collaboration, with the goal of increasing trade, innovation, and sustainable development.”

Afri-Caribbean Investment Summit Charts Path for Stronger Economic Ties, Shared Prosperity

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MD Damuli Investment Company Limited extends assistance to orphans, underprivileged students in Yobe

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MD Damuli Investment Company Limited extends assistance to orphans, underprivileged students in Yobe

By: Yahaya Wakili

Managing Director/Chief Executive Officer of Damuli Investment Company Limited, Alhaji Liman Mohammad Dabuwa, has extended assistance to the development of education in Yobe, targeting orphans and underprivileged students in the state.

The company expanded to be worth over $90 million as part of its contribution towards the development of education, students, and orphans in the region, which includes the purchase of mattresses and bedding materials for Mai Bukar boarding primary school.

Prior to government approval, Damuli Investment Company fed boarding primary schools in the region for a good 3 months for free. In addition, it purchased teaching and learning materials and foodstuff for teachers and principals, as well as presented gifts during the graduation ceremony and others to Mai Bukar boarding school in August 2025.

The company also made the payment of school registration fees for 15 orphan students at Federal Government Girls College (FGGC), Potiskum, and also supported the Yobe State annual Quranic recitation competition held in Machina in 2025.

“In participation in supporting the students of high institutions, Dabuwa Company made the payment of school fee registration for over 150 students at various high institutions. In addition, it supported Yobe State University during a fire outbreak with bending materials.

“Damuli Investment Company also sponsored common entrance exams into Mai Bukar boarding school across the political wards of the Machina local government area in 2024 and 2025, respectively, as well as rendered support to Medical College Damaturu and purchased teaching and learning materials for GSS Machina.

Alhaji Liman Mohammad Dabuwa commended His Excellency, the Executive Governor of Yobe State, Hon. (Dr.) Mai Mala Buni CON, COMN, and the Secretary to the State Government, Alhaji Baba Mallam Wali mni, for turning Yobe State into semi-London.

“Now Yobe State can compete with any developing state in the country in terms of infrastructural development,” Alhaji Liman Mohammad Dabuwa said.

MD Damuli Investment Company Limited extends assistance to orphans, underprivileged students in Yobe

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One dead, four injured in communal clash in ngidoje village in Yobe

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One dead, four injured in communal clash in ngidoje village in Yobe

By: Zagazola Makama

A 20-year-old man has been killed while four others sustained injuries in a clash involving youths in Ngidoje Village, Yobe State.

Sources said the incident occurred on Wednesday around 10:00 p.m. when some Fulani youths reportedly had a misunderstanding that escalated into a fight involving sticks and cutlasses.

The deceased, identified as Ibrahim Manu Gagare, was beaten and fell unconscious. He was rushed to Yobe State Specialist Hospital, Buni Yadi, where he was certified dead by a medical doctor. His body was later released to relatives for burial according to Islamic rites.

The remaining four victims sustained various degrees of injuries and are responding to treatment.
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NSCDC Chief Hails FCT Command’s Transformation, Showcases Obstacle Training Facility

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NSCDC Chief Hails FCT Command’s Transformation, Showcases Obstacle Training Facility

By: Michael Mike

The Commandant General of the Nigeria Security and Civil Defence Corps (NSCDC), Prof. Ahmed Audi has commended the Federal Capital Territory (FCT) Command of the Corps for its rapid infrastructural growth and operational innovation, describing the command as a benchmark for excellence within the Corps.

Prof. Audi made the remarks during an inspection visit to the FCT Command as part of his 2026 Operational Tour aimed at assessing readiness, training capacity, and infrastructure development across NSCDC formations nationwide.

At the centre of the visit was the newly initiated Obstacle Course Training Facility, which the NSCDC boss described as a strategic investment in personnel capacity building and operational effectiveness.

He noted that the transformation witnessed at the FCT Command since the assumption of office of the Commandant Olusola Odumosu reflects purposeful leadership, discipline, and dedication to service.

According to the Commandant General, the FCT Command occupies a critical position as the operational nerve centre of the National Headquarters, stressing that the pace of development recorded within a short time underscores the command’s commitment to innovation and professionalism.

He further described officers of the FCT Command as some of the most dedicated personnel in the Corps, working deliberately to reposition the NSCDC in line with contemporary security demands. Prof. Audi noted that the progress recorded by the command is clear evidence of the broader transformation taking place within the Corps.

During his interaction with personnel, the NSCDC boss urged officers to uphold the values and principles of the service, cautioning against indiscipline, complacency, and misconduct.

He emphasized that national service must take precedence over personal interests, encouraging officers to pursue initiatives that can serve as models for other commands.

Audi also acknowledged the Federal Government’s commitment to the welfare of NSCDC personnel, commending President Bola Ahmed Tinubu and the Minister of Interior, Olubunmi Tunji-Ojo, for addressing long-standing promotion challenges within the service. He said the recent promotions have boosted morale and reinforced the administration’s Renewed Hope agenda.

Looking ahead, the Commandant General disclosed that the National Headquarters is developing a College of Arms Squad Service in Nasarawa State, adding that the FCT Command’s obstacle course design will be adopted as a reference model for advanced training nationwide. He assured the FCT Command of continued institutional support to ensure timely completion of the project.

The visit culminated in a tactical demonstration by trained personnel at the obstacle course, showcasing the physical fitness, coordination, and operational preparedness of the command.

NSCDC Chief Hails FCT Command’s Transformation, Showcases Obstacle Training Facility

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