Thursday, May 7, 2026
Africa’s share of global trade stuck at 2.9% despite AfCFTA
Onome Amuge Despite the immense potential of the African market, the continent's share of global trade has remained below three...
Read moreDetailsGlobal turbulence clouds AfDB’s outlook on Africa
Revises economic forecast to 3.4% in 2023 Onome Amuge The African Development Bank (AfDB) has revised its short-...
Read moreDetailsNEXIM, Afreximbank announce US$750,000 grant to chart Niger-Benue channel as part of ECOWAS Regional Sealink Project
Ben Eguzozie, in Port Harcourt The Nigeria Export-Import Bank (NEXIM) and African Export-Import Bank (Afreximbank)...
Read moreDetailsGuinea, West African struggling nation, signs into Afreximbank’s FEDA
…With FEDA instrument, country can attract FDI Ben Eguzozie, in Port Harcourt The Republic of Guinea, West...
Read moreDetailsAfDB Group completes clearance of Sudan’s $413 million arrears
…UK provided £148m bridge financing; Sweden $4.2m grant; Ireland €150,000 …Debt clearance by DFIs a precondition to Sudan’s HIPC debt...
Read moreDetailsEFCC raises red flag on Ponzi investments, crypto, forex trading in Nigeria
Charles Abuede The Economic and Financial Crime Commission (EFCC) has raised alarm over some fraudulent investment schemes that promise...
Read moreDetailsMTN, Vodafone Groups plan entrance into Ethiopia’s untapped telecoms markets
Charles Abuede Africa’s telecommunications giant, the MTN Group and a syndicate led by Vodafone Group Plc have tendered...
Read moreDetailsAfDB board writes off Sudan’s $413m debt arrears as country, after 30-yr misrule, opening into global economic geopolitics
Ben Eguzozie, in Port Harcourt War-harried Sudan has had its debt arrears of $413 million owed the African...
Read moreDetailsCoca-Cola unveils plans to go public on the Johannesburg Stock Exchange
Charles Abuede Coca-Cola Company and Coca-Cola Beverages Africa (CCBA), the 8th largest Coca-Cola bottling partner in the world by...
Read moreDetailsPetroleum landing cost now N216, as daily subsidy hits N4.64bn
Arakunle Kayode As a result of the recent increase in global prices in oil and the depreciation of Naira...
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