Friday, March 20, 2026
Davos summit: AfDB asks developed countries to fulfil $100bn yearly climate finance pledge
Says bank quadrupled its climate financing to $25bn by 2025 Percentage of financing devoted to climate adaptation up from...
Read moreDetailsAfrica loses up to $15bn yearly from climate change, laments Adesina, AfDBchief
To rise to $50bn by 2040 – IMF Says AfDB commits additional $12.5bn to climate finance Collective actions needed...
Read moreDetailsTencent $1trn market cap on hold after 11% stock surge
By Charles Abuede Tencent to be second Chinese firm to join the trillion-dollar club after PetroChina Co Chinese Internet...
Read moreDetailsSDG: Covid-19 magnifies financing gap in developing countries by 70%, says OECD
Citizens don’t benefit from social safety net Providing access to clean energy crucial for post-pandemic recovery Africa’s infrastructure financing...
Read moreDetailsAfrica startups received $2.44bn investment with marginal drop in 2020
Fintech most funded sector at 33%; cleantech, 22% Investment report says 1,075 deals recorded against 1119 in 2019 Nigeria’s...
Read moreDetailsNairobi Stock Exchange pushes expansion plans with more listings in 2021, says CEO
By Charles Abuede East Africa largest bourse in talks with national treasury for the sale of more stakes in government-owned...
Read moreDetailsAfrica’s $60bn losses in illicit capital flows due to multinationals’ tax avoidance, says AfDB Adesina
By Charles Abuede Says 86 of Nigeria’s SMEs spend a whopping $14bn annually on diesel for generators Nigerian companies lose...
Read moreDetailsCovid-19 vaccine: Nigeria, 54 others to benefit from African Union’s 270m doses
AMSP opens vaccines pre-orders for 55 AU member states AVATT secures vaccines doses from Pfizer, J&J, AstraZeneca Afreximbank provides...
Read moreDetailsNigeria, Africa remittances on target as Wari, Lycaremit sign partnership
By Zainab Iwayemi In a bid to strengthen its global network, Wari, a global platform offering digital financial services...
Read moreDetailsAfDB signs investment partnership with EIB to fast track development in Africa
By Charles Abuede The African Development Bank (AfDB) and the European Investment bank (EIB) have signed a joint partnership...
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