Africa Finance Corporation (AFC) the continent’s leading infrastructure solutions provider, today announced that it has received a new equity investment from Rawbank,…
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Economy
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RMB has named Seychelles, Mauritius, Egypt, South Africa, and Morocco as the top five investment destination in Africa. The report said “the results…
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Economy
Tinubu’s speech fall short of addressing core demands of protesters, critical issues missing in speech—CISLAC/NADECO
Non Profit Organisations have raised issues of concern in the President address to the nation. It his own reaction Country Director, ActionAid…
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President Bola Tinubu says the Federal Government decided to remove fuel subsidy and abolish multiple foreign exchange rates to grow the economy…
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Economy
Afreximbank’s African Quality Assurance Centre receives international accreditation from SANAS
African Export-Import Bank’s (Afreximbank) first African Quality Assurance Centre (AQAC), implemented in Ogun State, Nigeria, in partnership with Bureau Veritas (BV) has…
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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…
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The African Development Bank has signed a $20 million equity investment in the African Infrastructure Investment Fund 4. The deal, signed on…
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The Board of Directors of the African Development Bank Group has approved a loan of $500 million to the Federal Republic of…
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In 2002, Africa seemed poised to rise. Wealthy creditor nations were wiping billions of dollars of unsustainable debt off the books of…
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Economy
Afreximbank, Inter-Governmental Action Group against Money Laundering in West Africa to host international compliance forum for Africa
To improve global trade in Africa and align with international regulatory and compliance standards, African Export-Import Bank, in partnership with the Inter-Governmental…
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Economy
Italy’s National Promotional Institution CDP, AfDB to invest €400m in Africa’s private sector growth
Italy’s National Promotional Institution Cassa Depositi e Prestiti (CDP) and the African Development Bank Group plan to jointly invest up to €400…
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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…
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The Federal Government has announced plans to restructure an existing $500 million World Bank loan aimed at empowering Nigerian women. This was…
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Nigerian Economic Summit Group (NESG) CEO, Tayo Aduloju, has stressed the need for well-sequenced and timely economic reforms to stabilise Nigeria’s economic…
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Economy
New Africa Sustainable Development Report shows critical importance of scaled-Up development financing
The United Nations Development Programme, the United Nations Economic Commission for Africa, and the African Development Bank, have presented the 2024 Africa…