Monday, May 11, 2026
AfDB’s Adesina gets second term to pursue bank’s ‘High 5’ development agenda for Africa
Charles Abuede AfDB President, Akinwumi Adesina Akinwumi Adesina has been re-elected as the president of the Africa Development Bank (AfDB)...
Read moreDetailsCovid-19: Africa to lose $173.1bn in GDP in 2020, $236bn next year, says AfDB
…as annual meetings kick off in Cote d’Ivoire with Adesina presiding …says continent lost a decade of economic growth ...
Read moreDetailsBank of Ghana makes full payment to over 95% of depositors of failed banks
By Charles Abuede Ernest Addison, the governor of Bank of Ghana has said that over 95 per cent of...
Read moreDetailsBounce-back seen for rough diamond demand post pandemic, say miners
With the commodity market feeling the brunt of the COVID-19 pandemic which has led to closures of businesses as well...
Read moreDetailsWorldRemit pays $500m for African startup, Sendwave, as COVID-19 revs up digital banking demand
Charles Abuede As the global pandemic intensifies the demand for digital banking globally, WorldRemit, United Kingdom online money transfer company,...
Read moreDetailsNigeria leads park of AfDB shareholders, Germany, U.S. follow
Kenneth Afor Nigeria, Africa's most populous nation is currently leading as a top shareholder in African Development Bank (AfDB). This...
Read moreDetailsUS, ESPartner, Ecobank budget $45m loan for 300 African SMEs
By Omobayo Azeez Target 300 entrepreneurs from Ghana, Ivory Coast, Kenya, Nigeria, Rwanda, Senegal, Uganda Agri-Business, Manufacturing, Energy and Renewables,...
Read moreDetailsBlackstone takes acquisitive appetite to Japanese drugmaker, Takeda
Phillip Isakpa Blackstone to take over Takeda’s consumer healthcare business Takeda values consumer unit at £1.75bn Deal to boost Takeda...
Read moreDetailsPotential £15bn takeover bid sees BT’s share price soaring
Phillip Isakpa Rivals eye BT Group for £15bn ($19.6bn) takeover Firm asks Goldman Sachs for new defence strategy against potential...
Read moreDetailsGlobal company bankruptcies rise despite $11trn liquidity injection by governments
Charles Abuede, with FT report Global company bankruptcies are rising despite the injection of $11 trillion liquidity and other government...
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