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AfDB Develops Mechanism for Revenue Generation in Extractive Industry

Published

5 years ago

10/11/2020

By Adedapo Adesanya

The African Development Bank (AfDB) has developed a three-year project in response to demands by member countries for technical assistance to monitor revenues generated from their extractive industries.

The AfDB made this known during a virtual inception workshop for the Financial Modelling Project in the Extractive Sector (FIMES) organised by the African Natural Resources Centre (ENRC) of the bank in Abidjan, Cote d’Ivoire.

According to the project report, FIMES will be implemented in eight transitional countries – Guinea, Liberia, Mali, Madagascar, Niger, Sierra Leone, South Sudan and Zimbabwe from 2020 to 2022.

The project, which is the first of its kind for the bank, is aimed at enhancing the abilities of the focal countries to improve domestic resource mobilisation from the extractive sectors.

Presenting the background information on the FIMES project, Mrs Vanessa Ushie, Division Manager, Policy Analysis, (ENRC, AfDB) said the project was aimed at the overall economic resilience of the continent.

Mrs Ushie also said that the scheme would build the capacity of government institutions to elaborate and use financial modelling of extractive projects to inform strategy setting and negotiate contracts and concessions.

She said: “20 government officials in each beneficiary member country will participate in the training, learning and knowledge activities as national beneficiaries, that is, 180 officials in the eight countries.

“Set criteria for selection of beneficiaries in the national cohort to include relevance to primary job function on extractive revenue management, knowledge of extractive sector fiscal issues’ potential multiplier effects (trainer-of-trainers approach) and IT proficiency.

“The project commits to at least 40 per cent of beneficiaries in the eight countries to be women.

“National Focal Point (NFP) main coordinating actor in each beneficiary country must be nominated by the national government to play this role.’’

She said the NFPs coordinate the national government’s engagement on the project, interface with the AfDB and other stakeholders and manage the selection of project beneficiaries.

Mrs Ushie added that the project components would focus on capacity building, peer learning and knowledge exchange, and FIMES’ Virtual Knowledge Hub.

In his contribution, Mr Yero Baldeh, Director, Transitional States Coordination Office, AfDB said the project was “competitively selected from the 2019 proposals’’.

He said the selection was done with a view to building capacity for the financing model and in turn, strengthen domestic resource mobilisation, institutional capacity and resilience in the selected transition member countries.

“The goal is to improve efficiency, sustainability and employer management practices in the artisanal and small scale mining sector in the selected transition countries.

“Through this project, the bank is strengthening the human capacity of government regulatory agencies among others to facilitate the formalisation of artisanal and small scale mining to generate employment and improve economic scales of several stakeholders, especially those along the artisanal and small scale mining value chain.’’ He added.

He reaffirmed the bank’s commitment to collaborate with member countries and its centre to proactively set up joint efforts to increase inclusiveness and accelerate development and support for policy reforms in the extractive sector.

In another contribution, Mrs Marie-Laure Akin-Olugbade, Director-General, West Africa Region, AfDB said the project would help the capacity of member governments to use financial modelling for optimising revenues from the extractives sector.

“This is a priority of the bank and is part of the strategy of the bank in putting together policies to strengthen resource mobilisation, industrialisation and the development of infrastructure,’’ she said.

Mr Akin-Olugbade noted that the Covid-19 pandemic had affected economies of member countries severely, and added that governments needed to strengthen economic resilience in order to recover.

Also, Mrs Josephine Ngure, Acting Director-General, Southern Africa Region, AfDB, said it was important for countries to have a robust and evidence-based framework to process the impact of policy decisions on extractives projects.

Mrs Ngure, who was represented by Mr Pietro Toigo, Country Manager, AfDB Office in Mozambique, added that countries should estimate the amount to which they secure fair shares of resources over the course of the project.

“This is particularly important because robust modelling gives you a sense of the impact over the whole lifespan of a project and helps policymakers not to concentrate on short term gains that may impair the ability of the state to generate revenue in the future,’’ he said.

She called for coordination and leadership across the departments in ministries that were charged with the various aspects of extractive projects.

However, Mrs Nnenna Nwabufo, Acting Director-General, East Africa Region, AfDB, lamented that most African countries exported extractive resources as raw materials with little value-added.

She noted that exportation of raw mineral resources was not beneficial to the sustainable economic development of the continent.

“We look forward to FIMES leading to increased transparency and accountability in the management of financial gains for the benefits of the countries rather than personal agenda of individuals or political interest groups,’’ she said.

She added that there was also the need to create an enabling environment that fostered linkages between projects in the extractives industry and the broader economy thereby contributing to inclusive and sustainable development.

The Director then called on the bank and it’s development partners to support member countries to build strong democratic institutions.

General

Mastering SEO: Proven Methods to Grow Your Online Presence

Published

10 hours ago

12/03/2026

Dipo Olowookere

Search Engine Optimization isn’t what it used to be.

Gone are the days of stuffing keywords, buying random backlinks, and expecting overnight rankings. Today, SEO is a sophisticated blend of technical precision, content authority, brand positioning, and strategic digital PR.

At RiseGrower.com, we’re launching with one mission:

To help brands grow through ethical, scalable, authority-driven SEO.

This isn’t just another SEO agency. This is the next evolution of ranking strategy.

🌍 SEO in 2026: What Has Changed?

Search engines—especially Google—have become dramatically smarter.

Modern ranking systems analyze:

Topical authority
Content depth and expertise
User engagement signals
Link quality (not quantity)
Brand credibility
Search intent satisfaction

SEO today is no longer about “gaming the algorithm.” It’s about becoming the most trusted answer in your industry.

That’s where RiseGrower comes in.

🚀 What RiseGrower.com Is Built For

We specialize in performance-focused SEO strategies designed to:

Increase organic traffic
Improve high-intent keyword rankings
Strengthen domain authority
Build sustainable backlink profiles
Turn search visibility into revenue

Our approach combines:

Advanced technical SEO audits
Strategic content architecture
Authority guest posting campaigns
White-hat link acquisition
On-page optimization
Data-driven reporting

We don’t chase vanity metrics. We build growth systems.

🧠 Our Philosophy: Authority Wins

Search engines reward expertise and trust.

That’s why our strategy centers around three pillars:

1️⃣ Topical Authority

We help brands dominate entire keyword clusters—not just single keywords.

2️⃣ Editorial Authority

Through high-quality guest posting on real industry publications, we build contextual backlinks that move rankings safely and effectively.

3️⃣ Technical Excellence

From crawl optimization to structured data, we ensure search engines fully understand and prioritize your content.

🔥 Why Most SEO Strategies Fail

Many businesses struggle with SEO because:

They focus only on backlinks without strategy
They publish content without search intent research
They ignore technical site health
They chase short-term wins instead of long-term growth

SEO is not a trick.

It’s a system.

RiseGrower builds systems.

📊 Our Approach Is Data-Driven

Every campaign starts with:

Competitive analysis
Keyword gap research
Link profile audit
SERP intent mapping

We analyze what’s ranking—and why.

Then we engineer a strategy that outperforms it.

🏢 Who We Work With

RiseGrower is built for ambitious brands:

SaaS companies
eCommerce brands
Agencies
Startups
Enterprise businesses
Niche industry leaders

If your goal is sustainable organic growth, you’re in the right place.

⚖️ White-Hat SEO Only

We believe in:

Real editorial placements
Ethical outreach
Genuine authority building
Search engine compliance

We do not use:

Private Blog Networks (PBNs)
Spammy link schemes
Automated backlink tools
Manipulative ranking shortcuts

Long-term growth requires integrity.

📈 The Rise of Performance-Based SEO

The future of SEO isn’t “deliverables.”

It’s measurable outcomes.

At RiseGrower, we align our strategy with:

Ranking milestones
Traffic growth targets
Lead generation goals
Revenue impact

Because rankings are only valuable if they drive business growth.

🌟 What Makes RiseGrower Different?

We blend:

SEO strategy
Digital PR
Authority guest posting
Content intelligence
Conversion-focused thinking

We don’t just improve rankings.

We build market leaders.

🔮 The Future of Search

AI-generated content is flooding the internet. Competition is rising daily.

Search engines will increasingly reward:

Authentic expertise
Brand mentions
Trusted backlinks
Valuable long-form content
Real-world credibility

The brands that invest in authority now will dominate tomorrow.

RiseGrower was created for that future.

🚀 Launching Soon

RiseGrower.com is preparing to launch with a clear promise:

Growth through strategic SEO authority.

If you’re ready to:

Outrank competitors
Scale organic traffic
Build long-term visibility
Turn search into revenue

We’re ready to grow with you.

General

Globy Platform: B2B Marketplace and Its Logistics Calculator

Published

10 hours ago

12/03/2026

Dipo Olowookere

Wholesale marketplaces were created so that business owners could find profitable offers and make deals on B2B platforms worldwide. In addition to buyers and sellers, there are traders, distributors, logisticians, and other professionals on such platforms. Let’s take a closer look at these professions. Traders purchase goods in order to resell them at a higher price; speculation is allowed on B2B marketplaces and is a legal instrument. Distributors are the official representatives of the manufacturer, meaning you can purchase original products at the lowest price. Most often, goods are purchased in China and then transported by sea to European countries or North America. We suggest you try the Globy Platform, where the most reputable Asian distributors are registered. Logisticians can also register on Globy. They provide services for the transportation of goods by sea. The following are the advantages of Globy, which are mentioned most often:

quick registration on the portal;
website with simple navigation and management;
excellent choice of reliable suppliers;
most relevant products in the catalog;
free registration;
no commission.

Some B2B platforms process payments, but Globy allows participants to make money payments outside the platform using one of the secure methods. In addition, Globy does not charge a commission when concluding a purchase deal. To start working on the platform, you need to register in accelerated mode or fill out a form with your company’s details. You can be sure that your banking details, personal, and contact information are protected. Third parties can only see the information that you leave open. When registering, do not forget to enter your company’s contact information (messenger, phone, email) so that new partners can contact you. You can pay attention to the fact that the Globy catalog contains items without specifying a price, but the product profile contains the vendor’s contacts. You can contact the seller to discuss the deal details, determining the price of the product.

Logistics Tool on Globy

There is often a situation when the supplier does not provide transportation services and the buyer has to search for a carrier on their own. In fact, this problem is solved simply. Globy has a special tool that helps you quickly find a charterer. You would open the freight calculator and fill in all the fields in the suggested form. You would specify the sending and destination port, and don’t forget to specify the dates and choose the container size. If you want to place containers in an optimal way, then use the load calculator, which is also available for free on the official website. You can use these tools only after registration. You can log in quickly if you have a Google account or a LinkedIn profile. After entering the data, the freight calculator will process your request and provide a list of prices. You can select a suitable line and contact the charterer to discuss the details of the contract. It is recommended to choose a sea delivery with a minimum number of intermediate stops, in which case the cargo will arrive at the destination port faster.

Receiving Cargo at the Destination Port

Buyers should remember that you can check the cargo when it arrives at the port. If the rules of transportation were violated, there was a long delay, or the goods were damaged, you can refuse the cargo, explaining the reason. You can discuss a price reduction with the supplier if the product has lost its proper appearance or the packaging is damaged. You can evaluate the cargo yourself or with the help of third-party experts. It is best to carefully check the documentation when receiving the goods at the port. All documents must be executed in accordance with international law. You can register on Globy today, find the goods you need, and use the logistics tools for free. More than fifty-five thousand users have already been registered on the platform, which indicates the high authority of Globy. If you have any questions, you can ask them in the Help Center on Globy website.

General

MSC, Nigerdock Seal 45-Year Port Concession Deal for Snake Island Terminal

Published

11 hours ago

12/03/2026

Adedapo Adesanya

By Adedapo Adesanya

Shipping giant, Mediterranean Shipping Company (MSC), has signed a 45-year concession agreement with Nigerian maritime company, Nigerdock, to develop, operate ‌and maintain a new container terminal at Snake Island Port in Lagos.

A statement by MSC on Thursday noted that the new container terminal would be completed by 2028 with a 910-meter quay, six Ship-to-Shore (STS) cranes, two ship berths, three barge berths, and up to 18 meters of draft.

The dedicated MSC terminal would be part of the company’s announced $1 billion investment in infrastructure ⁠and logistics in Nigeria.

“We are thrilled to take this step forward in our partnership with MSC to develop a world-class container terminal within Snake Island Port.

“This gives the world’s leading shipping line a home in Nigeria and brings significant foreign direct investment into the country to accelerate growth in the maritime and logistics industry,” it said.

Global shipping companies are pushing to secure long-term footholds in emerging markets as supply chains are reconfigured worldwide.

MSC said the terminal, to be built by ITB Nigeria and DEME Group, is expected to be ‌ready ⁠by 2028.

It will occupy 30 hectares (74 acres) and feature a 910-metre (3,000 ft) quay capable of handling ship‑to‑shore cranes and mobile harbour cranes, serving both deep-sea vessels ⁠and barges.

MSC President, Mr Diego Aponte, said: “Completing this key phase in the development of Snake Island Container Terminal with Nigerdock and our trusted partners demonstrates MSC Group’s commitment to providing excellent service to our customers in Nigeria and throughout Africa.

“The new terminal will open up opportunities, enhance efficiency, and elevate Snake Island Port as a major global shipping centre.

“Together with our Group’s other long-term investments in Nigeria, it will generate many local jobs and significantly increase economic revenue and resilience.”

Snake Island Port is an 85-hectare facility operated ⁠by Nigerdock, a maritime and logistics company, and comprises three terminals serving the Lagos port complex.