40% Of African Countries Are In Debt Crisis, IMF Says
The Managing Director of the International Monetary Fund, Kristalina Georgieva, says 40 per cent of African countries are in debt distress.
She described Africa as a continent of opportunities and one with many troubles, noting that...
Nigeria, 27 Other African Countries Reviews Air Agreement
In line with the provisions of the Single African Air Transport Market of the African Union, Nigeria has reviewed air transport agreement with 27 countries.
A total of 28 African countries have signed, with solemn commitment, the Single...
Dangote Cement Exports African Countries To Rise Up To $600m Annually
The President, Dangote Industries Limited, Alhaji Aliko Dangote, has said Dangote Cement’s exports to other African countries are targeted to rise to $600m annually.
He spoke in Lagos during the 2018 Dangote Cement Distributors’ Award...
Why We Train Electricity Personnel For African Countries – NAPTIN
Ahmed Bolaji Nagode is the Acting Director General, National Power Training Institute of Nigeria (NAPTIN). In this interview, Nagode says the institute is gradually becoming a hub for training of African electricity personnel.
There are some...
AfDB Disburses $7.81bn To African countries, Highest Ever
The African Development Bank, under the leadership of its president, Akinwumi Adesina, has increased disbursements to support the structural transformation of countries in Africa, according to its annual report, released during the Annual Meetings in Busan, Korea.
Bank...
World Bank Criticizes Nigeria , Others Over Rising Debts
The World Bank has raised the alarm over rising debts in African countries, including Nigeria.
While releasing ‘Africa’s Pulse’, a biannual analysis of African economies in Washington on Wednesday, the World Bank’s Chief Economist Africa, Albert Zeufack;...
