In a landmark achievement, the President and Chairman of the Board of Directors of ECOWAS Bank for Investment and Development (EBID), Dr George Agyekum Donkor, has been nominated for yet another international honour- the Development Champion Award by the Rebranding Africa Forum. The award will be presented during a special ceremony in Brussels, Belgium, as…
The Government of Korea and the African Development Bank Group are intent on strengthening their partnership to support African countries in achieving food security in five years and boost the continent’s capability to produce its own vaccines and other pharmaceutical products. Speaking on Monday during a meeting with Korea’s Minister of Agriculture, Food and Rural…
The new Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Halilu, has charged the management team to commit fully to the new direction being charted for the agency. Halilu stated this Monday, as he began receiving operational briefings from the agency’s management and senior staff. He reiterated…
“Nothing works better than collective success…Never work alone… Ahead of you is a stretch of life. Live it fully. Live it supporting others. Live it doing the best you can to improve the lives and livelihoods of people around the world. ” – Dr Akinwumi Adesina Speech at the Commencement Ceremony, The MBA Class…
The African Development Bank’s (www.AfDB.org) Sustainable Energy Fund for Africa (SEFA) welcomes approximately $50 million in new funding contributions from Germany and the United States. The contributions will serve to boost its position as one of the continent’s leading climate finance facilities. The funding was announced on Tuesday 5 September at a high-level event organised…
In a significant move towards expanding cryptocurrency accessibility in Nigeria, Yellow Card (https://YellowCard.io/), a pioneering African fintech company, has joined forces with MoonPay, a global leader in the cryptocurrency ecosystem. This strategic partnership aims to streamline and enhance the crypto purchasing experience for Nigerians by leveraging local bank transfers. Nigeria has emerged as a powerhouse…
Nigeria is widely known to be not only Africa’s most populous country but also the largest economy on the Continent and it is expected that strong economic growth in Nigeria would generate substantial prospects for growth and spillovers for the whole West African region. Despite the prospect of accelerated economic growth, the presence of multiple…
The 2023 Africa Food Systems Summit held recently in Dar es Salam has called on African leaders to build better food systems and promote food sovereignty, with youth and women at the centre. On the sidelines of Africa’s annual agriculture summit, the African Development Bank Group hosted a food sovereignty and resilience event. This follows…
The earthquake that struck Morocco on the evening of Friday 8th September 2023 was devastating. With over two thousand people dead and hundreds injured, it has brought much sorrow and untold hardships to many families that lost their loved ones. It has thrown the nation and the people of Morocco in much grief. The distressing…
· Says broadband penetration to hit 50% by year-end The telecommunications sector’s contribution to the nation’s Gross Domestic Product (GDP) has increased significantly to 16 per cent in the second quarter of 2023, according to the data reported by the Nigerian Communications Commission (NCC) based on the computation by the Nigeria Bureau of Statistics (NBS)….
