Coronavirus: ECOWAS budgets $398 million to revive ailing economies, electoral reforms
Since the beginning of 2021 and as a follow-up of the events of last year, the food security situation in Western Africa is a mixed...
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France, World Bank, AfDB pledge $25.5 billion against desertification in Africa
The war against desertification in Africa has gotten a boost with funding coming from multinational donor agencies and the government of France. The financiers committed...
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,...
IFDC, EBID sign pact to boost agriculture in West Africa
The International Fertilizer Development Center (IFDC) has signed a Memorandum of Understanding (MoU) with the ECOWAS Bank for Investment and Development (EBID) for the improvement...
World Bank approves $1.5 billion loan for Nigeria
The World Bank has approved Nigeria’s request for a $1.5 billion loan. In a statement on Tuesday, the Bretton Wood institution said the facility is...
AfDB: Africa’s economy shrinks by 3.4% due to coronavirus pandemic
The President of African Development Bank, AfDB, Dr. Akinwumi Adesina, has said Africa’s economic growth this year will decline by 3.4%, because of the challenges...
African environment ministers support green recovery plan
Ministers of Environment from Africa on Friday agreed to support a comprehensive green recovery plan to boost economies and social systems aimed at building back...
Zenith Bank emerges Best Bank in Nigeria at the Banker’s Bank of the Year Awards
Zenith Bank Plc has emerged as Bank of the Year in Nigeria in The Banker’s Bank of the Year Awards 2020. This is coming on...
Central bank chief projects exit from recession Q1 2021
Bloomberg The Governor of Central Bank, Mr Godwin Emefiele, on Friday expressed optimism that Nigeria could emerge from recession by the first quarter of 2021....
China exempts 97 per cent of Burkinabe products from customs duties
The Chinese embassy in Burkina Faso on Monday presented a mechanism for exempting 97 per cent of products of Burkinabe origin from customs duties, in...