AfDB approves $1.5 billion loan to Egypt
16/12/2015The African Development Bank (AfDB) has approved a $1.5 billion loan to Egypt to be paid out over three years, International Cooperation Minister Sahar Nasr has said. According to Nasr,.
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Africa
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Italy to Contribute to Africa’s Fund for Combating Climate Change
16/12/2015As part of efforts to mitigate the negative impact of climate change and transition the continent to sustainable low-carbon growth, the Italian government has recently announced that it will contribute.
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Business & Economy
Featured
New Cable to Take Internet Connection to Inaccessible African Countries
16/12/2015Liquid Sea, a subsidiary of Liquid Telkom, leading Fiber Optics Company in Sub-Saharan Africa, is set to take internet connection to landlocked countries in Eastern, Central and Southern Africa with.
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Polls
CENTRAL AFRICA: VOTING ENTERS SECOND DAY AFTER VIOLENCE
16/12/2015Eligible voters has recently defied a day of armed clashes in Central African Republic to have their say on a new constitution seen as vital to ending violence in a.
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Africa
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Egypt: President Al-SisiSet to Reclaim Land Lost to Desertification
16/12/2015The government of Egypt has recently announced that President Abdel Fattah al-Sisiis set to inaugurate a desert reclamation project by the end of 2015 aimed at expanding Egypt’s farmland by.
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Politics & Policy
NIGERIA: FG PLANS NEW POLICIES FOR EASE OF DOING BUSINESS
16/12/2015President Muhammadu Buhari has recently said in Abuja, that his administration will soon introduce more policies to further ease the process of doing business in Nigeria. Speaking after a presentation.
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Africa
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Zambia cabinet approves $275 million Chinese housing loan
16/12/2015In a bid to ease the housing challenges of security workers in Zambia, the presidency in a statement has recently announced that Zambia’s cabinet has approved plans to borrow $275.
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International
China, Nigeria to Partner against Insurgency
16/12/2015The Chinese Ambassador to Nigeria, GuXiaojie has recently assured the Nigerian Armed Forces of the Chinese government’s readiness to partner in the current fight against insurgency.He gave the assurance when.
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Africa
Featured
AfDB Launches USD 500 million Green Bond Transaction due December 2018
16/12/2015The African Development Bank (AfDB) has recently launched a USD 500-million 3-year Green Bond transaction, with issue priced at Mid-Swaps plus 14 bps, equivalent to a spread of 18 bps.
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Top Headlines
Paris Climate Agreement, a Good Deal for Africa- Adesina
16/12/2015As the Paris Climate Change Agreement have been reached, AkinwumiAdesina, President of African Development Bank, has recently noted that “while the Agreement may not be perfect, it has largely reflected.
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