BUSINESS

Africa’s chance at World Trade Organization and the Ngozi Okonjo-Iweala candidacy – Perspectives by Yushau A. Shuaib

With quite a reputation behind her, Dr. Ngozi Okonjo-Iweala appears to mean different things to different people across the spaces she has straddled. This is why I paused for a moment of contemplation when a professional...

African Development Bank joins WTO and other MDBs to support trade finance amid COVID-19 crisis

The African Development Bank Group has joined the World Trade Organization and other multilateral development banks to reduce trade finance gaps that emerge as a result of the COVID-19 pandemic. In a joint...

MTN Group appoints Stephen Blewett and Uche Ofodile as CEOs MTN Cameroon and MTN Benin respectively

MTN Group on Thursday announced the appointment of new chief executive officers for two of its West African operations, MTN Cameroon and MTN Benin. Stephen Blewett, the current CEO of MTN Benin, will take the helm at MTN Cameroon on 1 August...

Nigeria’s Skyway Aviation Handling Company PLC (SAHCO) declares profit at AGM

The Skyway Aviation Handling Company PLC (SAHCO) has conducted her 2020 Annual General Meeting (AGM) at the SAHCO Complex at the Murtala Muhammed International Airport, Ikeja, Lagos. The AGM was conducted in accordance...

Nigerian President lists benefits of Ajaokuta-Kaduna-Kano gas pipeline project

Nigerian President Muhammadu Buhari on Tuesday affirmed the Nigerian government's commitment to ensure timely delivery of the landmark Ajaokuta-Kaduna-Kano Gas (AKK) pipeline project within budgetary allocation and specifications. Speaking at the virtual flag-off...

African Development Bank ranked 4th on global index of transparency

Publish What You Fund has ranked the African Development Bank fourth out of 47 global development institutions on its Aid Transparency Index. The Index is the only independent measure of aid transparency among the world’s major...

African Development Bank approves $3 million loan reallocation to agriculture sector for COVID-19 response in Togo

The Board of Directors of the African Development Bank have approved the reallocation of $3 million in loan resources to help Togo purchase agricultural inputs to enhance food security in the wake of the COVID-19 pandemic.

African Development Bank approves $10 million loan to Seychelles to respond to COVID-19 economic fallout

The Board of Directors of the African Development Bank on Monday approved a $10 million loan to the Republic of Seychelles to support the government’s COVID-19 response program. The loan will be channeled toward macroeconomic stabilization,...

MTN assists with the development of the Africa COVID Communications and Information Platform

Together with host nations and strategic partners, MTN has supported in the establishment of the Africa COVID Communications and Information Platform (ACCIP) driven by the United Nations’ Economic Commission for Africa (ECA) and Africa Center for...

African Development Bank approves EUR 88 million loan to Cameroon to respond to COVID-19 economic devastation

The Board of Directors of the African Development Bank on Monday approved a EUR 88 million loan to Cameroon as direct budget support to finance the country’s COVID-19 crisis response. The loan, to...

Latest News

Charles Lufumpa: How African countries can respond to COVID-19, reopen economies and accelerate recovery

Charles Lufumpa, the African Development Bank’s Acting Chief Economist and Vice President for Economic Governance and...

Additional 49 million Africans could be pushed into extreme poverty and continent could lose up to $189 billion of GDP in 2020 amid COVID-19...

The African Development Bank on Tuesday projected that an additional 49 million Africans could be pushed into extreme poverty as the...

African Development Bank projects tripled incomes of rural producers and traders in Tanzania

An African Development Bank project to enhance market infrastructure, value addition and rural finance (MIVARF) in Tanzania produced highly satisfactory results,...

Africa’s chance at World Trade Organization and the Ngozi Okonjo-Iweala candidacy – Perspectives by Yushau A. Shuaib

With quite a reputation behind her, Dr. Ngozi Okonjo-Iweala appears to mean different things to different people across the spaces she...

Over 1000 participants from more than 100 countries meet to discuss sustainable development amid COVID-19

Facing the devastating impacts of COVID-19, which is threatening decades of progress in improving people’s lives, countries are meeting at the...

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