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COVID-19: Can Africa Afford Lockdowns?

COVID-19: Can Africa Afford Lockdowns? By Chukwuma Charles Soludo   This piece summarizes my contribution to an African debate. From Johannesburg to Lagos, Cairo to Dakar, Kinshasa to Kigali, Nairobi to Accra, etc the debate on how Africa should respond to the global coronavirus (Covid-19) pandemic is...

Africa Needs $100bn Economic Stimulus – Finance Ministers

Africa Needs $100bn Economic Stimulus - Finance Ministers   Africa needs an immediate emergency economic stimulus to the tune of $100bn, owing to the COVID-19 outbreak, the African finance ministers have said. This is contained in a statement by Communication and Media Relations Department of the group,...

Capital Market: AfDB Targets Larger Share Of $5trn ETFAs For Africa

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

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

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

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...