Capital Market: AfDB Targets Larger Share Of $5trn ETFAs For Africa   President of African Development Bank (AFDB) Dr. Akinwumi Adesina has unveiled collaborative plans with the London Stock Exchange Group’s Africa Advisory Group (LAAG) with a view to attracting a bigger share of the $5...

AfDB, New Development Bank Partner To Fund Projects Across Africa   The African Development Bank (AfDB) and the New Development Bank have signed an agreement to promote new impact projects to improve lives of millions of Africans. Under the deal, the New Development Bank −a multilateral development...

Nigerian Equities Rated Cheapest In Africa   Long term investors now have very good opportunity to invest in the Nigerian equities market and reap significant capital gains as the market parades some of cheapest prices among capital markets in Africa and beyond. The sustained bearish trading at...

AfDB Budgets $38bn For Investment In Africa   The African Development Bank (AfDB) has approved $38 billion as investment commitments to projects in Africa. The multilateral Development Finance Institution (DFI) has also emphasised the need for Africa to prioritise investments in quality infrastructure; enhanced dialogue and support...

Donors Pledge $17m To Fight Rural Poverty In Africa   African and non-regional donors have pledged $17 million to replenish the Africa Solidarity Trust Fund, an initiative that aims to provide food security and eliminate rural poverty on the continent. The pledges were made at a...

15% Of Continent's $1trn Trade Comes From Africa Accounts   The African Export-Import Bank (Afrexim Bank) has said that Africa accounts for only 15 per cent of the continent’s $1trn total trade in the world per year. Speaking to journalists at the sideline of the 18th edition...