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
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...
Africa Can Tap Into New Sources Of Finance, Says IMF
The International Monetary Fund (IMF) says Africa could tap into new sources of finance with radical transparency.
Managing Director, IMF, Ms Kristalina Georgieva made the remark during a High Level Knowledge Event of the virtual 2021...
Africa Lost Over $190bn In GDP To COVID-19 – AfDB
President of the African Development Bank Group (AfDB), Dr Akinwumi Adesina, yesterday said the economy of Africa has lost over $190 billion due to the effect of the COVID-19 pandemic.
Adesina, during the AfDB’s 2021 virtual...
Despite COVID-19, Africa Records $80bn Diaspora Remittances
Diaspora remittances to Africa as a whole have increased to over $80 billion despite the COVID-19 impact on economies worldwide, and against the backdrop of a fall in remittances worldwide.
However, remittances to Nigeria dropped by 27.7 percent in...
W/Bank Okays $3bn For Vaccines In Africa, Others
The World Bank has announced that it has approved $3bn in funding to cover vaccination in 32 countries, 15 of which are in Africa.
In a statement issued in advance of the G7 Leaders’ Summit, World Bank Group...
