NIGERIA: EGBIN POWER PLANS TO DOUBLE GENERATING CAPACITY
16/12/2015As part of efforts to boost power supply in Nigeria, the country’s biggest power company Egbin Power Plc plans to double its generation capacity to 2,640 megawatts (MW) over the.
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Search Results for: "World Bank"
Business & Economy
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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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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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Business & Economy
Rebalancing Economic Growth in Ethiopia
14/12/2015By Asrat Seyoum and Birhanu Fikade. Albeit impressive economic growth which is hailed for reducing absolute poverty by half, Ethiopia stands among the crowd to be challenged by sharing the.
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Business & Economy
Green Growth Can Turn Africa’s Challenges into Opportunities
11/12/2015Ngozi Okonjo-Iweala, the commissioner with New Climate Economy, has recently noted that if Africa takes the path of green growth, a number of its challenges such as high inequalities, underdevelopment.
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Africa
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Improving Hydro-Meteorological Services Is Critical to Strengthening Resilience to Climate Change in Africa- Mr Jeremiah Lengoasa
07/12/2015The World Bank in partnership with the African Development Bank (AfDB) and the World Meteorological Organization has recently announced a US $600 million programme to improve hydro-meteorological services in 15.
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Africa
AfDB Steps Up Effort to Mitigate the Effect of Climate Change in Africa
04/12/2015As part of efforts to mitigate the effect of climate change in the economic lives of the people, Dr. Akinwumi Adeshina, African Development Bank (AfDB) President, has recently announced that.
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Development Stories
Rwanda planting 30 million trees to save environment
02/12/2015Rwanda, which is in the middle of a rainy season, launched a tree planting program to protect the environment and ecosystems. Community members are expected to plant 30 million trees.
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Development Stories
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Congo DR Expands Horizon With Invest-In-Congo Brazzaville Forum
26/11/2015In a bid to expand trade and investment in the Democratic Republic of Congo, the nation has recently held its first Invest-in-Congo Brazzaville (ICB) Forum 2015 in order to attract.
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Women in leadership
10 Things You Didn’t Know About Nigeria’s New Finance Minister Kemi Adeosun
24/11/2015President Buhari named former investment banker, Kemi Adeosun, 48, to the key position of finance minister at a time the Nigerian economy has been hammered by falling oil prices and.
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