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Africa Loses $8.6bn Annually to Illicit Financial Flows

Africa Loses $8.6bn Annually to Illicit Financial Flows The Nigerian Foreign Affairs Minister, Yusuf Tuggar, on Monday, said corruption in Africa is closely tied to illicit financial flows. The minister also called for cooperation that would enable the return of stolen crude oil from London. According to...

Global Aircraft Leasing Market to Hit $315b by 2033

Global Aircraft Leasing Market to Hit $315b by 2033 The global commercial aircraft leasing market size is projected to increase to $315.9 billion in the next nine years, data from industry regulators have revealed. The market, according to industry projection, is anticipated to spike at a...

Aviation Minister Urges Visa Restrictions Removal for Africa’s Business Growth

Aviation Minister Urges Visa Restrictions Removal for Africa’s Business Growth The Minister of Aviation & Aerospace Development, Festus Keyamo, has called on the governments of African countries to take urgent steps in facilitating the removal of visa restrictions to enable the free movement of people...

African Nations Urged to Harness AfCFTA for Economic Growth

African Nations Urged to Harness AfCFTA for Economic Growth Countries on the continent of Africa have been urged to take advantage of the advantages inherent in the African Continental Free Trade Agreement protocols to boost their economies and leapfrog food security in the sub-Saharan region. This...

AfDB Allocates $700m to STEM Education, Training African Youths

AfDB Allocates $700 Million to STEM Education, Training African Youths The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has stated that the bank has allocated $700 million towards education and skills development. He said that the bank was also supporting 4,000 tertiary education...

UN Seeks $4.7bn for Humanitarian Response in Nigeria, Six Others

UN Seeks $4.7bn for Humanitarian Response in Nigeria, Six Others The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) has said that humanitarian partners will need $4.7bn to assist 20.9 million vulnerable people in parts of Nigeria, Chad, and five other African countries. This...