World Bank to invest $5 billion in Africa’s drylands
The World Bank Group plans to invest over $5 billion over the next five years to help restore degraded landscapes and improve agriculture productivity. According...
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96 firms bid for NNPC infrastructure rehab
No fewer than 96 companies from Nigeria and overseas have indicated interest in undertaking the rehabilitation of the Nigerian National Petroleum Corporation’s (NNPC) downstream infrastructure....
Indonesian plane missing after take off from Jakarta airport
A passenger plane with more than 50 people on board has gone missing shortly after take-off from the Indonesian capital Jakarta. The Sriwijaya Air Boeing...
AfDB appoints directors-general, deputy directors-general in regional offices
The African Development Bank Group has announced the appointment of directors-general for the East, Central and Southern Africa regions and deputy general for the East,...
World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021
ABS-CBN The World Bank says global economy is expected to grow by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread...
World Bank predicts extreme poverty and depressed economies in Africa
The World Bank has called for rapid COVID-19 action, including a faster vaccination process, to limit the damage to global growth in 2021. In its...
IBM: Most companies not prepared for digital transformation
For all the hype around the push for cloud computing and data-driven strategies, many large and mid-sized companies are still struggling to make the transition...
Microsoft found malicious SolarWinds software in its systems
Microsoft said on Thursday it found malicious software in its systems related to a massive hacking campaign disclosed by U.S. officials this week, adding a...
Banks pivotal to success of AfCFTA – Ecobank chief
The Managing Director, Ecobank Nigeria, Mr. Patrick Akinwuntan, has said the success of the African Continental Free Trade Area (AfCFTA) will rely heavily on the...
UK to enter trade agreements with 14 African countries
The United Kingdom’s (UK) Department for International Trade says new trade agreements will come into force in January for the UK with 14 African partners...