HomeTagsAfrica

Tag: Africa

AfDB To Invest $3bn In Africa’s Pharmaceutical Industry

AfDB To Invest $3bn In Africa’s Pharmaceutical Industry         The African Development Bank (AfDB) has said it would invest 3 billion dollars to build Africa’s pharmaceutical industry in the next 10 years. President of the AfDB, Dr Akinwumi Adesina, said this at a virtual Finance in Common...

U.S. To Increase Africa’s Yearly Development Finance To $6bn

U.S. To Increase Africa’s Yearly Development Finance To $6bn       The United States of America (USA) plans to increase its annual development finance to Africa by 20 per cent from about $5 billion to some $6 billion. Chief Operating Officer, U.S. International Development Finance Corporation (DFC), David...

Africa’s Climate Change Impact Rises To $50bn Annually

Africa’s Climate Change Impact Rises To $50bn Annually       The African Development Bank (AfDB) has said the impact of climate change on the continent could rise to $50 billion each year by 2040, with a further three per cent decline each year in gross domestic product...

The AfCFTA — Can Africa Save Itself?

The AfCFTA -- Can Africa Save Itself? By Edward Ejike Okpa         Africa is an incredibly rich continent. That richness, however, has not translated into wealth for Africans. Africa’s oil and gas and gold and diamonds and copper and cobalt have made Africa a target for stronger...

African e-payment Market To Grow By $27bn In 2025

African e-payment Market To Grow By $27bn In 2025         The African electronic payments market is expected to grow at 18 to 20 per cent per annum until 2025, reaching $27 billion, up from $8 billion in 2018. Growth is expected to be driven by GDP growth,...

Biden’s Inauguration: Rafsanjani calls for strengthening of public institutions in Africa

Biden’s Inauguration: Rafsanjani calls for strengthening of public institutions in Africa     The Executive Director of the Civil Society Legislative Advocacy Centre (CISLAC), Comrade Auwal Musa Rafsanjani has called on African leaders to emulate the United States in building strong and independent institutions that can checkmate...