Economy
Nigeria’s President Buhari Signs N17.127tr 2022 Budget and 2021 Finance Bill Into Law
The 2022 Budget provides for aggregate expenditures of N17.127 trillion, an increase of N735.85 billion over the initial Executive Proposal...
Read more
AfDB and IFC Partner to Advance Economic Development in Lusophone African countries
The signing follows the Lusophone Compact Steering Committee’s approval of IFC’s submission of a proposal to partner in the initiative...
Read more
Boost industrial manufacturing to accelerate economic growth and development in Nigeria – Akinwumi A. Adesina
He said Nigeria must accelerate its manufacturing sector through integration and a rapid progression up global and regional value chains...
Read more
Trade and Development Bank and ICD sign MoU to support private sector investment in common African member states
The agreement establishes a framework for both institutions to collaborate with the aim of financing eligible transactions in targeted countries...
Read more
Cabo Verde: African Development Bank Group extends $350,000 grant for technical assistance to deepen national capital markets
The grant will be sourced from the Capital Markets Development Trust Fund, a multi-donor fund administered by the African Development...
Read more
New ECA initiative supports city GDP measurement in Africa
The technical working group members will meet regularly to advise on a regional guideline on city GDP estimation in Africa...
Read more
Agenda 2063: the AfDB contributes to validation of the AU’s second Biennial Continental Report
The technical group is responsible for monitoring and evaluation, scrutiny and reporting on progress made in the implementation of Agenda...
Read more
How AfCFTA is Scaling up Local Content Initiatives in Nigeria
With the implementation of the African Continental Free Trade Agreement on January 1, 2021, Nigeria has the chance to significantly...
Read more
Heritage Bank Partners Living Faith Church to Boost Youth Employment
In light of the growing unemployment rate in Nigeria, Heritage Bank Plc has partnered Living Faith Church (LFC) Worldwide via...
Read more
Partnerships, special economic zones, new CSR essential for Africa’s economic diversification
Pedro said that economic diversification is a fundamental pathway to reducing the vulnerability of resource-dependent export countries in Africa To...
Read more