Category: Newsline
African Development Bank reaffirms support for Guinea’s economic strides
The African Development Bank Group has reaffirmed its commitment to supporting Guinea’s efforts to diversify its economy and mobilize domestic resources for crucial development projects. Marie-Laure Akin-Ougbade, the Bank Group’s vice president for Regional Development, Integration and Business Delivery, reiterated this commitment during a three-day visit to the Guinean capital, Conakry, from July 11 to…
Afreximbank and Câmara de Comércio de Sotavento Partner to Host the 2024 Trade and Business Roadshow in Cape Verde
African Export-Import Bank (Afreximbank) and Câmara de Comércio de Sotavento have announced a strategic partnership to host the 2024 Trade and Business Roadshow in Praia, Cape Verde. This landmark event, scheduled for July 29 – 30, 2024, is aimed at diversifying, fostering and supporting the economic growth in Cape Verde. The Roadshow, themed “Catalysing Local…
AfDB expresses strong support for African Union (AU) Peace Fund revitalization
The African Development Bank has expressed strong support for revitalizing the African Union (AU) Peace Fund, pledging to continue implementing innovative strategies to address fragility and build resilience across the continent. Mrs. Marie-Laure Akin-Olugbade, the Bank’s Vice President for Regional Development, Integration, and Business Delivery, said this during a high-level meeting on Saturday aimed at…
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…
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…
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…
Sterling One Foundation Announces Afreximbank as Strategic Partner for ASIS 2024
To foster more private sector participation in the drive towards the achievement of the Sustainable Development Goals (SDGs) in Africa, the Sterling One Foundation has announced African Export-Import Bank (Afreximbank) as its strategic partner in hosting the third edition of the Africa Social Impact Summit (ASIS) to be held from July 25 -26, 2024 in…
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…
Nigeria’s Information Minister Congratulates Ibietan & APRA EXCO
Nigeria’s Minister of Information and National Orientation, Mohammed Idris, has congratulated the newly-elected Executive Council of the African Public Relations Association (APRA). In a statement signed by Rabiu Ibrahim, Special Assistant (Media) to the Minister of Information and National Orientation, the Minister urged the Council to “continue the trajectory of reforms in APRA,” while stressing…
APRA elects NCC’s Omoniyi Ibietan as Secretary-General
Dr. Omoniyi Ibietan, the Head, Media Relations at the Nigerian Communications Commission (NCC), has been elected as the Secretary-General of the African Public Relations Association (APRA). By this election at the ongoing 35th Annual Conference and Annual General Meeting (AGM) currently taking place in Abidjan, Côte d’Ivoire, Ibietan becomes a member of a three-man Executive…