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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...
Business Canada Finance Health UK

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,...
African News Relationship

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...
Business Finance

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...

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...