Perspectives: The long winding road defining Africa’s infrastructure development
Experts agree that Africa can accelerate its development by investing in infrastructure which stimulates trade and economic growth. Yet, thirteen...
Year: 2024
Global trade in wood, paper products decline in 2023 – FAO
Global trade in wood and paper products dropped steeply from record levels in 2021 and 2022, with the paper trade...
AfDB to provide $10m in Arm-Harith Investment Fund for sustainable infrastructure
Omeiza Bilal The Board of Directors of the African Development Bank Group has approved a $10 million concessional equity investment...
Global partners invest $45m to boost African vaccine production
Omeiza Bilal In significant efforts to strengthen public health and improve vaccine access in Africa, the U.S. International Development Finance...
African Energy 2024: Surging investment, waves of change
By NJ Ayuk I’ve said for years that African energy is a vital investment. Backers clearly agree — to the...
Cassava Technologies secures $310m in funding, reorganization
Benjamin Orisemeke Cassava Technologies (Cassava) has announced three significant milestones: a substantial equity injection, the successful completion of its South...
AfDB drives climate tech innovation in Sub-Saharan Africa with $10m investment
Benjamin Orisemeke The African Development Bank has announced a $10 million investment from its Sustainable Energy Fund for Africa (SEFA)...
CBN limits daily POS withdrawal to N100,000 per customer
Omeiza Bilal As part of new measures to advance the cashless policy in Nigeria, the Central Bank of Nigeria has...
Nigeria: Kidnap victims paid N2.2trn as ransom in 12 months – NBS
The National Bureau of Statistics (NBS) says kidnapping incidence in the country is estimated at 2,235,954 between May 2023 and...
NSIB: Crashed helicopter lack recording equipment
The Sikorsky SK76c helicopter with registration 5N-BQG, operated by Eastwind Aviation that crashed into the Atlantic Ocean on October 24,...
