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AfDB Approves $1.5bn To Mitigate Food Crisis In Africa

AfDB Approves $1.5bn To Mitigate Food Crisis In Africa   The Russia/Ukraine conflict is projected to trigger a global food crisis, hence the Africa Development Bank’s (AfDB) decision to shore up Africa’s food security with a $1.5 billion Africa Emergency Food Plan. President of the AfDB, Dr...

NGX Launches First Exchange-traded Derivatives Market In West Africa

NGX Launches First Exchange-traded Derivatives Market In West Africa   The Nigerian Exchange Limited (NGX) has launched West Africa’s first Exchange Traded Derivatives Market with Equity Index Futures Contracts. It said in a statement on Friday that this was consistent with the Exchange’s commitment to develop the Nigerian...

NNPC Positioned To Lead Africa In Energy Transition – Kyari

NNPC Positioned To Lead Africa In Energy Transition - Kyari The Nigerian National Petroleum Company (NNPC) Limited yesterday gave an account of how it has positioned itself to lead Africa in energy transition. The Chief Executive Officer and Group Managing Director, Malam Mele Kyari disclosed this...

The Economist’s Factual Blunder on Africa and the Pandemic of Death Toll, by Ahmed Olayinka Sule

The Economist's Factual Blunder on Africa and the Pandemic of Death Toll, by Ahmed Olayinka Sule         I read with disgust the Economist Twitter thread published on 29 November 2021 titled, How should the world respond to Omicron? The thread begins by mentioning how South Africa's...

AfDB Okays $150m To Support Agriculture In Africa

AfDB Okays $150m To Support Agriculture In Africa   The African Development Bank Group has approved a $150m facility for ETC Group Limited to address the working capital requirements for the company and its agriculture value chain development in a boost for smallholder farmers. The AfDB said...

Women In Agriculture To Benefit From AfDB’s $150m Fund

Women In Agriculture To Benefit From AfDB’s $150m Fund       The African Development Bank (AfDB) has stated that by the end of 2021, the bank is expected to have provided close to $500 out of which $150 million that would be channeled to women in agriculture...