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AfDB’s Akinwumi Adesina briefs African leaders on Bank’s progress

The president of the African Development Bank Group, Dr. Akinwumi Adesina, has outlined the Bank’s successes in mobilizing financial resources for the continent’s development needs at the African Union. Addressing heads of state and government at the 6th Mid-Year Coordination Meeting of the AU in Accra, Ghana, Adesina highlighted the Bank’s recent general capital increase from $201…

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ITU Ranks Nigeria High in Digital Transformation Readiness

Nigeria has been ranked high on the advanced state of readiness for digital transformation known as ‘G5’. According to a new report from the International Telecommunication Union (ITU), Nigeria ranks high at 71 percent in comparative legal, policy, and governance frameworks towards G5, with Germany, Finland, and Singapore leading the global chart. The report prepared…

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National Assembly Mulls Stronger Laws Against Crude Oil Theft

The National Assembly has thrown its weight behind NNPC Limited’s ongoing efforts to boost Nigeria’s crude oil production and grow its reserves, saying it will consider stiffer consequences for crude oil thieves and vandals of the nation’s critical hydrocarbon infrastructure.  This was made known when the National Assembly’s Joint Committee on Petroleum Resources (Upstream) paid…

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Afreximbank partners with AAPI to host Algeria Investment Forum

Within the framework of promoting Intra-African Investment, African Export-Import Bank (Afreximbank) in collaboration with The Algerian Investment Promotion Agency (AAPI), successfully hosted Algeria Investment Forum, “Focus Algeria” in Algiers from June 25 to 26, 2024. The forum aimed at promoting investment opportunities in Algeria for African operators and brought together key Algerian partners and foreign…

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Nigeria’s food importation policy could destroy country’s agriculture, warns Akinwumi Adesina

The President of the African Development Bank Group Dr. Akinwumi Adesina has said the decision by Nigeria’s government to allow massive food importation risks destroying the country’s agriculture. This follows the announcement by Nigeria’s Minister for Agriculture Abubakar Kyari on July 10 that the Federal Government would suspend duties, tariffs, and taxes on the importation…

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Afreximbank reconstitutes its Creative Africa Advisory Group

Ahead of the upcoming CANEX Weekend in Algiers, Algeria, from 16 to 19 October, African Export-Import Bank (Afreximbank)  has announced the reconstitution of the Creative Africa Advisory Group (CAAG). This group oversees and provides guidance for implementing the Bank’s Creative Africa Nexus Programme.   The first meeting of the reconstituted Advisory Group took place at…

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Plane Crash: APRA Commiserates with PR Society, Government and Citizens of Malawi

The African Public Relations Association (APRA) has expressed heartfelt condolences to the Public Relations Society of Malawi (PRSM, an institutional member of APRA), the government and citizens of the Republic of Malawi over the tragic plane crash that claimed the lives of the Vice President of Malawi, H.E. Dr. Saulos Chilima, and nine others on…

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