Category: Newsline
Africa Climate Summit: AfDB’s SEFA welcomes $50 million in new commitments from US & Germany
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…
Yellow Card and MoonPay Collaborate to Enhance Crypto Accessibility in Nigeria
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…
African Development Bank leads charge for better food systems
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…
AfDB stands in solidarity with the people of Morocco
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…
Nigeria’s Telecom Contribution to GDP Hits 16% – Danbatta
·     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)….
Danbatta Lauds Sweden and Ericsson for Sustained Partnership
The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has commended the Swedish Government and Ericsson for their commitment and consistency in a strategic partnership with NCC on capacity building which has strengthened the Commission’s regulatory activities. According to a statement by Reuben Muoka,…
Gastech 2023 Opens, with Leaders committing to Unified Action towards Net Zero
Gastech 2023, the world’s largest meeting place for natural gas, LNG, hydrogen, low-carbon solutions, and climate technologies, opened today welcoming record-breaking numbers to Singapore EXPO. The first day featured a range of insightful contributions from policymakers, CEOs, and business leaders on the multiple, interconnected challenges facing the global energy sector. Delegates discussed the critical role of…
I Will Support President Tinubu’s Agenda Using STI – New NASENI Boss
…As He Resumes Office. Addresses Staff The newly appointed Executive Vice Chairman/Chief Executive Officer (EVC/CEO), National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu said he would ensure that President Tinubu’s Renewed Hope Agenda is achieved through the deployment of Science, Technology and innovation (STI) in the economy. Mr. Halilu made this…
Africa’s Business Heroes Announces Top 10 Finalists for 2023
The 2023 ABH top 10 entrepreneurs were selected through multiple stages of         interviews and evaluation from 27,267 applications across all 54 African nations The Africa’s Business Heroes (ABH) (www.AfricaBusinessHeroes.org) Prize Competition, a philanthropic program sponsored by the Jack Ma Foundation and Alibaba Philanthropy, now in its fifth…
Eritrea’s Msilam Dam to bolster food security and change lives for the better
Eritrea has a long coastline on the Red Sea but limited fresh water. Its erratic rainfall has left most of the country arid. This is a challenge for Eritreans who depend on agriculture and livestock for their livelihoods. But things are changing. In the space of three years, Eritrea harnessed local engineering talent and mobilised…