Nigeria gets 60% Afreximbank energy sector funding – Oramah
Abuja, Feb. 29, 2024: The African Export-Import Bank (Afreximbank), says Nigeria is among the largest beneficiaries accounting for about 60...
Foreign
Japan commends AfDB, pledges support to Africa’s development
Abuja, Feb. 26, 2024: The Japanese Vice Minister of Finance, International Affairs, Masato Kanda has reiterated the continued commitment of...
easons for lifting sanctions on Niger, Mali, Burkina Faso
R The need to maintain regional unity and security has been identifies as the major reasons for lifting sanctions on...
World Bank grants Zambia, Tanzania $270m to improve transport, trade connectivity
Lusaka, Feb. 22, 2024: The World Bank has given Zambia and Tanzania a 270-million-U.S.-dollar grant to help improve transportation and...
EU removes 4 countries from ‘bad tax governance’ list
Berlin, Feb. 22, 2024: The EU has removed Bahamas, Belize, Seychelles, Turks and Caicos Islands from its list of non-cooperative...
British Petroleum invest $1.5bn in Egypt
Cairo, Feb. 20, 2024: Energy giant, British Petroleum (BP) plans 1.5-billion U.S. dollar new investments for development and exploration activities...
China’s Central Bank adds liquidity via reverse repos
China’s Central Bank conducted 32 billion Yuan (about 4.51 billion U.S. dollars) of seven-day reverse repos at an interest rate...
Tinubu, Lula da Silva of Brazil meet, discuss bilateral ties
Nigeria’s President Bola Tinubu and President Luiz Inácio Lula da Silva of Brazil met in Addis Ababa, Ethiopia, on Sunday,...
AfDB report projects Africa’s real GDP at 3.8% in 2024
Abuja, Feb. 18, 2024: The real Gross Domestic Product (GDP) growth for Africa is expected to average 3.8 per cent...
AfDB, Lake Chad Commission partner to transform member countries
Abuja, Feb. 18, 2024: The African Development Bank (AfDB) Group and the Lake Chad Basin Commission (LCBC), have agreed to...
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