I wish to congratulate you Mr. President for your stewardship of Nigeria for the past eight years. Thank you very much for all your strong support for me, as President of the African Development Bank Group. Without your strong support for me in 2015, and then in 2020, I would not have been President of…
African Development Bank Group has highlighted its critical contributions to the continent’s development and the wellbeing of its people in 2022. The Annual Development Effectiveness Review published yearly since 2011, assesses the Bank’s support to the sustainable development of African countries. It specifically monitors contributions to the Bank’s High 5 strategic priority areas driving Africa’s…
Africa is set to be the second-fastest growing region in the world after Asia in 2023-24, demonstrating the resilience of its economy despite dealing with multiple global shocks. But the projected growth will depend on global conditions and the continent’s ability to bolster its economic resilience, the African Development Bank’s 2023 African Economic Outlook report…
MTN Group is committed to enabling the benefits of a modern connected life for everyone in our markets. Our 2022 Sustainability Report (SR) spells out our work in the year to create shared value, with ESG at the core. In a year fraught with challenges, we remained focused onensuring that we create value for our stakeholders through responsible environmental, social, governance and economic value-added practices and solutions. The challenges included the…
Bayobab and Africa50 has signed a partnership to develop Project East2West, a terrestrial fibre optic cable network connecting the eastern shores of Africa to those on the continent’s west. The partnership will invest up to US$320 million connecting ten African countries over the years 2023, 2024 and 2025. Bayobab is wholly owned by MTN Group….
MTN Global Sourcing and Supply Chain (GSSC) emerged as the standout winner, taking home five prestigious awards, including the coveted “Procurement Team of the Year – Large Organization” at the Chartered Institute of Procurement & Supply (CIPS) Awards ceremony which brought together procurement professionals from around the globe to celebrate their accomplishments. The awards won…
Sub-Saharan Africa has an especially urgent need to strengthen surgical care systems. Surgery has long been a neglected component of health care for people on the African continent, and equitable integration of surgical and anaesthetic care remains the key challenge to strengthening health systems and achieving universal health coverage in Africa. If we get this…
“Suji my son, you must follow me somewhere, I want to blow your mind and quadruple your vision”. This was a message I got from my royal father, the Ooni of Ife, HRH Adeyeye Enitan Ogunwusi, the Ojaja II. I had to leave everything I was doing and make my way to Ibeju lekki Free…
1. Over $4 billion worth of equipment currently sits on the site. 2.The project is slated to cost $14 billion (N2.8 trillion) of which Dangote is contributing $7 billion in equity. 3.The project site is larger than Victoria Island. It is located on 2135 hectares of land in Ibeju-Lekki, Lagos near the Lekki Free Zone…
As Africa seeks to propel its economic growth and tap into the vast potential of its energy sector, a significant shift is underway, moving investment trends from foreign aid to mutually beneficial commercial relationships with Europe. The upcoming Invest in African Energy Forum in Paris – taking place on June 1 and spearheaded by the…
