The African Development Bank (AfDB) and the European Investment Bank (EIB) Wednesday signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities and a strong shared emphasis on boosting public and private sector investment in Africa. The Joint Action Plan enables both institutions to grow a …
Read More »
Newly sworn-in American president, Joe Biden, on Wednesday, issued an executive order nullifying a travel ban imposed on citizens of some Muslim-majority countries by his predecessor, Donald Trump. Before his exit from White House on Wednesday, Mr Trump-led administration was notorious for its harsh policies against immigrants and asylum seekers, …
Read More »
The Nigeria Customs Service on Tuesday said it was waiting for the National Action Committee (NAC) on the list of duties and charges waived for liberalized goods under the African Continental Free Trade Area (AfCFTA) Agreement. A statement from the Serice said: “Sequel to the ratification of AfCFTA by member …
Read More »
Dr. Akinwumi Adesina, President of the African Development Bank have been honoured for his leadership in successful implementation of the African Continental Free Trade Area(AfCFTA). African Development Bank in a statement, said Adesina received award for strong leadership and support alongside 10 African heads of state and government. The AfCFTA, …
Read More »
The African Union announced this week it has purchased 270 million doses of the Covid-19 vaccine for the continent. At least 50 million doses will be available between April and June 2021, the body said. “As a result of our efforts, we have so far secured a commitment of a …
Read More »
Nigeria’s Minister of Education Adamu Adamu has announced an indefinite postponement of resumption by schools which was earlier slated for January 18. The decision, according to Adamu at a press conference in Abuja on Tuesday, is due to the recent surge of the coronavirus pandemic after the country declared the …
Read More »
The Sahel region’s Great Green Wall Initiative received a major boost from the African Development Bank on Monday. During a forum hosted by French President Emmanuel Macron and His Royal Highness the Prince of Wales, the Bank pledged to assist in mobilising up to $6.5 billion over five years, to advance …
Read More »
Troops of Operation Hadarin Daji, on Saturday, eliminated no fewer than 50 bandits at Kuriya village in Kaura Namoda Local Government Area of Zamfara, Defence Headquarters says. The Coordinator, Defence Media Operations, John Enenche said in a statement on Sunday that the troops also recovered 334 rustled livestock from the …
Read More »
African leaders have expressed hope for economic prosperity under the African Continental Free Trade Area (AfCFTA) as trades started among 34 member countries which had ratified the agreement. The single African market was declared operationalised on Januray 1, 2021 following the approval by the African Union at a virtual meeting. …
Read More »
The United Kingdom is releasing £47 million in aid to provide food, nutrition, water and shelter for vulnerable families in nine countries and regions. It said £7m of the funding will be made available in Nigeria through the World Food Programme and is estimated to reach 430,000 individuals with unconditional …
Read More »
The Commerce Africa African Reneissance