East Africa braces for pain at the pump as Riyadh cuts production
East African economies are staring at a fresh spike in fuel prices as Saudi Arabia opts to cut supply by...
Foreign
AfDB, African Securities collaborate to expand linked African exchanges
Abuja, July 1, 2023:The African Securities Exchanges Association (ASEA) and the African Development Bank (AfDB) Group are collaborating to expand...
Italy contributes €5.5m to AfDB’s youth trust fund
Abuja, July 1, 2023:The African Development Bank (AfDB) has welcomed a contribution of 5.5 million euros from Italy for its...
IMF releases $203m to boost dwindling forex reserves of DRC
The Democratic Republic of Congo has received a $203.3 million loan from the International Monetary Fund (IMF) to boost the...
Kenyans brace for tough July as President Ruto signs tax bill into law
Nairobi, June 27, 2023: Kenyan President William Ruto on Monday signed into law a Bill that raises taxes on a...
UN lists 60m Africans in humanitarian need
New York, June 27, 2023: UN humanitarian agencies on Monday said that no fewer than 60 million people in the...
AfDB pledges to offer support to boost Nigeria’s economy
Abuja, June 26, 2023: The President of African Development Bank (AfDB), Dr Akinwumi Adesina, has pledged the Bank’s support toward...
Sani, others urge Tinubu to reopen land borders
Abuja, June 26, 2023: Senator Shehu Sani and some experts have called on President Bola Tinubu to reopen all land...
CBN, Bill Gates in deal on financial inclusion
Abuja, June 26, 2023: The Central Bank of Nigeria (CBN) and the Bill and Melinda Gates Foundation (BMGF) have finalised...
AfDB’s initiative on IMF special drawing rights elicits global excitement
Abuja, June 24, 2023: World leaders have praised the African Development Bank (AfDB) for finding a solution that would enable...
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