The second United Nations Habitat Assembly opens with a call for sustainable urban development and effective multilateralism to create more livable, sustainable, and resilient cities to emerge stronger after crises. The Assembly is taking place from 5 to 9 June 2023 in Nairobi, Kenya. It is hosted by the government of Kenya in collaboration with…
The African Development Bank’s Gender Equality Trust Fund (www.AfDB.org) will provide a $950,000 grant to the Africa Small and Medium Enterprise Business Linkages Program in Burkina Faso, Chad, Mali, Mauritania, and Niger. The grant, which will supplement an earlier $3.9 million financing grant from the Bank’s Transition Support Facility, is expected to bolster 1,400 women-led…
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has declared open the Commission’s first `Talk-To-The Regulator ` Forum for the Year, 2023, holding in Yenagoa, Bayelsa State. In his opening remarks, Prof. Danbatta, commiserated with the people of Bayelsa State and the entire nation on the flood disaster which…
There is a whole lot of confusion around/about Petrol Subsidy. That has always been so. Perhaps to do with the nature of oil and trade in the product. The Oil industry, especially in Nigeria, comes across as one sworn to a frustrating level of opacity. That is even more so on issues to do with…
By Simbo Olorunfemi “It always seems impossible until it’s done” – Nelson Mandela By all standards, the commissioning of the Dangote refinery and petrochemical project after almost 10 years since the dream was conceived is a phenomenal statement on the fact that nothing is impossible if we will draw to dream, set our minds to…
5 African Development Bank Governors have signed an agreement committing to contribute at least $1 million to the replenishment of the African Development Fund (ADF), the concessional window of the Bank Group. Under the self-initiated agreement, the five-member constituency—The Gambia, Ghana, Liberia, Sierra Leone, and Sudan—will contribute to the ADF from its next replenishment cycle…
The Board of Governors of the African Development Bank Group has approved Management’s request to leverage the equity of the African Development Fund, its concessional lending window, to mobilize more resources on the capital markets. When fully implemented, the Bank Group could unlock up to $27 billion to help low-income and fragile states., Bank Group…
Mauritania has set forth plans for hydrogen projects that could potentially generate an impressive 80 GW of electrolyser capacity. This pipeline is being planned by several renowned companies, including CWP, Chariot, bp, Conjuncta, and Infinity, and while the aspirations for Mauritania to become a green hydrogen hub are significant, two main challenges lie ahead: financing…
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has been announced as one of the winners of this year’s National Productivity Order of Merit (NPOM) Award. According to a statement issued by NCC’s Director, Public Affairs, Reuben Muoka, the announcement was made in an advertorial signed by the Director…
“We act in these matters in the right, as a matter of high principle. We act out of the integrity and conviction of our most deep-founded beliefs. If we permit ourselves to be tempted by narrow self-interest and vain ambition, if we barter our beliefs for short-term advantage, who will listen when we claim to…
