Mauritania: AfDB grants $150m loan to boost mining sector
The Board of Directors of the African Development Bank Group has approved a $150 million senior loan to Mauritanian state-owned...
Business Affairs
Equity market gains N259bn
Transactions on the floor of Nigerian Exchange on Wednesday closed northward, appreciating by N259 billion as bulls continue to dominate...
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...
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...
