AfDB Attracted $78.8bn Investments To Africa - Adesina
The African Development Bank (AfDB) attracted $78.8 billion investments into Africa in two years, its President Dr. Akinwunmi Adesina, has said.
The continental bank was able to mobilise this investments “through the innovative and groundbreaking Africa Investment Forum...
WTO: Africa’s Chance and the Ngozi Okonjo-Iweala Candidacy
By Yushau A. Shuaib
With quite a reputation behind her, Dr. Ngozi Okonjo-Iweala appears to mean different things to different people across the spaces she has straddled. This is why I paused for a moment of contemplation when...
African Risk Capacity Grants $2.13m to Madagascar for Drought Response
Madagascar Minister of Finance, Minister of Foreign Affairs, Minister of Agriculture and ARC Partners during the ceremony
Johannesburg, South Africa, July 03, 2020 - The Government of Madagascar today received a symbolic cheque in the amount...
World Bank Appoints Two Vice Presidents For Africa
The World Bank has appointed a another Vice President for the Sub-Saharan Africa Region.
The region’s portfolio was formally managed by one Vice president, a position occupied by Mr. Hafez Ghanem, an Egyptian and French national.
With the new...
COVID-19: AfDB Forecast $88.3bn Drop In Africa’s GDP
The African Development Bank (AfDB) has projected that the ongoing Coronavirus (COVID-19) pandemic ravaging economies globally could cause Africa’s Gross Domestic Product (GDP) to drop by between $22.1billion and $88.3billion.
According to the Bank, before the advent of...
African Air Travel Market Plunges By 98.7%
Airlines in Nigeria and other African countries hit the rock bottom in the month of April, with passenger traffic dropping by a whopping 98.7 per cent.
A regional travel estimate recently released by the International Air Transport Association (IATA),...
