Africa

20 Nigerian change-makers mark a new era for the continent at ALC graduation

Business a.m. Twenty Nigerian graduates of the African Leadership College (ALC) were recently honoured at the institution's Asante Sana Day,…

Africa’s share of global trade stuck at 2.9% despite AfCFTA  

Onome Amuge Despite the immense potential of the African market, the continent's share of global trade has remained below three…

Global turbulence clouds AfDB’s outlook on Africa 

  Revises economic forecast to 3.4% in 2023 Onome Amuge   The African Development Bank (AfDB) has revised its short-…

NEXIM, Afreximbank announce US$750,000 grant to chart Niger-Benue channel as part of ECOWAS Regional Sealink Project

      Ben Eguzozie, in Port Harcourt     The Nigeria Export-Import Bank (NEXIM) and African Export-Import Bank (Afreximbank)…

Guinea, West African struggling nation, signs into Afreximbank’s FEDA

  …With FEDA instrument, country can attract FDI   Ben Eguzozie, in Port Harcourt   The Republic of Guinea, West…

AfDB Group completes clearance of Sudan’s $413 million arrears

…UK provided £148m bridge financing; Sweden $4.2m grant; Ireland €150,000 …Debt clearance by DFIs a precondition to Sudan’s HIPC debt…