The Economic Commission for Africa (ECA) has restated its commitment to leveraging innovation and technology for sustainable development. The deputy executive secretary of ECA, Antonio Pedro,...
Africa Finance Corporation (AFC) the continent’s leading infrastructure solutions provider, today announced that it has received a new equity investment from Rawbank, one of the Democratic...
RMB has named Seychelles, Mauritius, Egypt, South Africa, and Morocco as the top five investment destination in Africa. The report said “the results of the report show...
Non Profit Organisations have raised issues of concern in the President address to the nation. It his own reaction Country Director, ActionAid Nigeria, AAN, Andrew Mamedu,...
President Bola Tinubu says the Federal Government decided to remove fuel subsidy and abolish multiple foreign exchange rates to grow the economy for national development. The...
African Export-Import Bank’s (Afreximbank) first African Quality Assurance Centre (AQAC), implemented in Ogun State, Nigeria, in partnership with Bureau Veritas (BV) has been awarded the ISO/IEC...
More than 100 countries including China, India, Brazil, and South Africa—face serious obstacles that could hinder their efforts to become high-income countries in the next few decades,...
The African Development Bank has signed a $20 million equity investment in the African Infrastructure Investment Fund 4. The deal, signed on 31 July 2024, reinforces...
The Board of Directors of the African Development Bank Group has approved a loan of $500 million to the Federal Republic of Nigeria, to finance the...
In 2002, Africa seemed poised to rise. Wealthy creditor nations were wiping billions of dollars of unsustainable debt off the books of sub-Saharan countries, and global...
To improve global trade in Africa and align with international regulatory and compliance standards, African Export-Import Bank, in partnership with the Inter-Governmental Action Group against Money...
Italy’s National Promotional Institution Cassa Depositi e Prestiti (CDP) and the African Development Bank Group plan to jointly invest up to €400 million over five years,...
AfDB’s director-general for West Africa, Lamin Barrow, says the banks’ cumulative financing approval in Nigeria is $10.9 billion. Mr Barrow said this at a workshop on...
The Federal Government has announced plans to restructure an existing $500 million World Bank loan aimed at empowering Nigerian women. This was disclosed by the Minister...
Nigerian Economic Summit Group (NESG) CEO, Tayo Aduloju, has stressed the need for well-sequenced and timely economic reforms to stabilise Nigeria’s economic landscape. Mr Aduloju made...