Saturday, June 13, 2026
African policymakers must grow investment in R&D to sustain Africa’s economic structures and grow digitally – IMF report
Charles Abuede The International Monetary Fund (IMF), in a recent report, opined that for Africa’s development to be sustained, African...
Read moreDetailsEthiopia: ADF provides $31.2m to boost country’s nutrition, end child stunting
Ben Eguzozie, in Port Harcourt Board of directors of the African Development Fund (ADF) has given approval to a...
Read moreDetailsEgypt secures US$ 114 million financing package for largest solar plant
Funding comes from a consortium of lenders including European Bank for Reconstruction and Development, OPEC Fund for International Development and...
Read moreDetailsTightening global financial conditions triggered over $5bn capital outflows from Africa in the first quarter of 2020 – Afreximbank
Report by the bank highlights how trade finance will play a key role in transforming the African economy as...
Read moreDetailsNew report on COVID-19 impact on African trade finance shows massive capital outflows to $5bn in Q1 2020
…African trade amounts to $1,077 bn …Survey done by Afreximbank, UN-ECA, AfDB, MFW4A …185 banks across Africa representing...
Read moreDetailsIMF says sub-Saharan African will need additional funding of $245bn to remain afloat during the pandemic
Charles Abuede The International Monetary Fund (IMF) has stated that the low-income countries within the sub-Saharan African region will...
Read moreDetailsGreenpeace Africa reacts to East Africa crude oil pipeline deal
Says project will have harmful impact on global effort on clean energy East Africa needs clean energy that will help...
Read moreDetailsWorld leaders call for expansion of debt suspension to enable low-income countries achieve sustainable economic recovery
Meeting called by Prime Minister Justin Trudeau of Canada, Prime Minister Andrew Holness of Jamaica and the UN Secretary-General,...
Read moreDetailsAfreximbank, AU move 2nd Intra-African Trade Fair to December 2021
…Covid-19 vaccines roll-out cited for date shift …Inaugural fair recorded $32.6bn concluded deals …Organizers refrain from adducing expected deals  ...
Read moreDetailsBuhari, Okonjo-Iweala congratulate Adesina over reelection as AfDB President
President Muhammadu Buhari and Ngozi Okonjo-Iweala, former finance minister, have congratulated Akinwunmi Adesina on his re-election for a second term...
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