Most Recent News

African Development Bank (AfDB) and China Set Up $2 Billion Fund

The Chinese government and the African Development Bank have entered a new $2-billion (about Rwf 1.5 trillion) financing agreement setting up an Africa-wide investment vehicle dubbed, “Africa Growing Together Fund.”.

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Kenya to Spend Millions in Tourism Recovery

The Kenya Tourism Board (KTB) is set to spend Sh200 million in the sector’s recovery plan amidst travel advisories from key markets among them the United States, United Kingdom, Australia.

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US Commerce Secretary Canvasses For Investment In Nigeria

US Secretary of Commerce, Penny Pritzker has called for more US investment in Nigeria as she leads 20 American companies on an energy business development trade mission to West Africa.

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Africa Attracts Increased Foreign Direct Investment (FDI) Despite Growing Insecurity – Report

Emerging economies continuously need Foreign Direct Investment (FDI) for sustainable growth and development, with governments having recognized the importance of flow of financial capital in economies of countries, now making.

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Nigeria loses N1.3trn over decline in crude revenue

Nigeria lost N1.292 trillion in one year, as the country’s crude oil earnings dipped by 15.92 per cent to N6.825 trillion in 2013. This, according to data obtained from the.

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Mugabe ‘No Longer Fit to Govern’ Zimbabwe?

Reports of prostate cancer, an eye cataract, knee problems and a generally failing health due to old age have raised concerns about the 90-year-old’s ability to provide effective leadership to.

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Football legend Patrick Vieira and Western Union Lends Support To UNICEF Education Project In Senegal

   Global money transfer service, Western Union, has partnered former French national soccer team captain, Patrick Vieira, to lend support to UNICEF’s projects in schools within Dakar, Senegal’s capital city. Such.

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Nigeria’s Diamond Bank Issues $200m Eurobond

Nigeria financial institution Diamond Bank has successfully issued Eurobonds worth $200 million and with a maturity of 5 years, demonstrating a global acceptance of the bank’s growth efforts. “The successful.

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World Leaders Adopt Strategy to Tackle Boko Haram

African and Western leaders have agreed to combine their intelligence information and defence mechanisms in a bid to reduce the security risk posed by Boko Haram and other terrorist groups..

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Analysis: How Social Media ‘Twitter’ Built Global Outrage On Abduction of Nigerian Girls

The international vortex of tweets that brought huge global attention over the missing schoolgirls kidnapped by Boko Haram insurgents, is fast ebbing, drawing worried concerns to the fickle nature of.

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