Category: Newsline
Ifeoma Malo wins Energy Entrepreneur Award at 2023 AWIEF Awards
Nigeria’s Ifeoma Malo, Co-Founder & CEO, Clean Technology Hub has won the ENERGY ENTREPRENEUR AWARD at the 2023 Africa Women Innovation and Entrepreneurship Forum (AWIEF) Awards. She was announced winner in one of AWIEF’s 8 categories at the awards ceremony which took place at Kigali Convention Centre, Rwanda. The AWIEF Awards ceremony and gala dinner…
IATF 2023: Afreximbank signs facility agreement with UBA and other African Business entities
Afreximbank has signed financing and other agreements valued in excess of one billion dollars with leading business entities from across the African continent. This was the highlight of the third day of the third Intra-African Trade Fair (IATF2023) currently holding in Morocco. The list of entities are: United Bank for Africa PLC – US$ 150…
African Development Bank, leaders commit to catalyse investment in cities
African Development Bank President Akinwumi Adesina on Thursday pledged greater commitment to the development of cities and stressed the need for increased investment and autonomy for municipalities, the continent’s engine for economic growth. The Bank chief spoke at a high-level forum for mayors titled: “Leveraging Cities and Municipalities for National Development,” held on the sidelines…
NCC Underscores Role of ICT in Fighting Financial Crimes
Nigerian Communications Commission (NCC) has said that effective application of Information and Communication Technology (ICT) is critical in combating financial crimes by enabling real-time surveillance, regulatory compliance, and secure data processing, just as it sought a multidisciplinary and multi-stakeholder collaborations to address issue of illicit financial flows in the country. Executive Vice Chairman (EVC) of…
Solaris, Knownow, Specxs win NCC’s talent hunt
Three out of the 81 companies that contested at the Nigerian Communication Commission’s inspired technology innovation talent hunt competition have each been rewarded with the N10 million prize money. Nine other shortlisted companies went home with N500,000 consolation prizes each. Solaris GreenTech Hub, Knownow Africa Limited and Specxs Care Limited came tops at the 2023 NCC’s…
AfDB joins global partners to raise financing for Zambia’s Lobito Transportation Corridor
The African Development Bank (www.AfDB.org) has signed a Memorandum of Understanding (MoU), joining global partners to mobilise resources for the Lobito Corridor and the Zambia-Lobito rail line in southern and central Africa. Other signatories included the United States government, the European Commission, the Africa Finance Corporation (AFC), and the host governments of Zambia, Angola and…
Winners emerge in the 2023 NCC Talent Hunt Research Through Hackathon
Winners emerged today in the last part of the 2023 Nigerian Communications Commission (NCC) Talent Hunt Research Through Hackathon. Out of the 81 entries that came in, 12 were shortlisted to participate in the tech innovation contest, out of which 3 emerged as winners from three thematic foci. In the Blockchain Solution category, Know-Now Limited…
AfDB, IDB, CGD, and Rockefeller Foundation discuss the rechanneling of SDRs
The African Development Bank (AfDB) (www.AfDB.org), Inter-American Development Bank (IDB), the Rockefeller Foundation, and the Center for Global Development came together to co-host a high-level meeting on October 13th to discuss the rechanneling of Special Drawing Rights (SDRs) from contributing countries through Multilateral Development Banks (MDBs). The objective is to boost their development and climate…
AAOIFI, IsDB set to host the 18th Annual Islamic banking and finance conference
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), together with the Islamic Development Bank Group (IsDB), represented by IsDB Institute (IsDBI) (https://IsDBInstitute.org/), is set to host the 18th edition of its annual Islamic banking and finance conference under the auspices of the Central Bank of Bahrain. The two-day conference will be held in…
AfDB approves South Africa’s Country Strategy Paper (CSP) 2023-2028
The Board of Directors of the African Development Bank Group (https://www.AfDB.org/en) has approved South Africa’s Country Strategy Paper (CSP) 2023-2028. The Bank’s interventions over the next five years will focus on two priority areas: improving governance and developing the private sector in southern Africa’s largest and most populated country. The CSP 2023-2028 aims to support…