Posted by Eric Ojo
Business News, Latest Headlines
Tuesday, August 9th, 2022
(AFRICAN EXAMINER) – The African Business Roundtable (ABR) and the African Import-Export Bank (Afreximbank) have rounded off their first webinar in series for project preparation in Africa. The ABR and Afreximbank came together last week in a well- executed endeavor that is a passion of both organizations which is deeply rooted in bringing business projects […]
Posted by African Examiner
Business News, Featured, Latest Headlines
Wednesday, August 3rd, 2022
…As Dangote, Bill Gates Foundations Sign MOU on Immunization (AFRICAN EXAMINER) – President/Chief Executive of Dangote Industries Limited, Aliko Dangote has been conferred with the Commander of the Order of Merit of Niger award by the President of the Republic of Niger, His Excellency Mohamed Bazoum in Niamey. According to the certificate of conferment presented […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines
Wednesday, August 3rd, 2022
(AFRICAN EXAMINER) – A Magistrates’ Court in Wuse, Abuja, has issued a warrant of arrest against the Managing Director of Wema Bank Plc, Ademola Adebise, for alleged forgery. The court ordered the immediate arrest of Adebise by the Nigeria Police Force and other security agencies in the country. “You are hereby directed to arrest the […]
Posted by Eric Ojo
African News, Business News, Latest Headlines
Wednesday, August 3rd, 2022
(AFRICAN EXAMINER) – The African Development Bank (AfDB) has appointed Mrs. Marie-Laure Akin-Olugbade, née Ndongo-Seh, as Acting Vice-President of its Regional Development, Integration and Business Delivery Complex, with effect from 1st August Akin-Olugbade, a Cameroonian national, is currently the Director General of the Business Development and Delivery Office for the West Africa Region of the […]
Posted by African Examiner
African News, Business News, Featured, Latest Headlines
Tuesday, August 2nd, 2022
(AFRICAN EXAMINER) – Host communities of the Oil Mining Licence (OML) 11 in Rivers and Abia States have rejected Sahara Energy except the federal government, through Nigerian Petroleum Development Company (NPDC), dialogue with them on the operatorship of the licence. The communities under the aegis of Ogoni, Asa, Imo River OML11 Oil Producing Communities insisted […]
Posted by Eric Ojo
Business News, Latest Headlines
Sunday, July 31st, 2022
(AFRICAN EXAMINER) – The United States International Development Finance Corporation (DFC) has signed a commitment letter for a $280 million loan in financing for Access Bank Plc to boost small businesses in Nigeria. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today. The corporation invest […]
Posted by Eric Ojo
African News, Business News, Latest Headlines
Saturday, July 30th, 2022
(AFRICAN EXAMINER) – Participants at a Panel Dialogue on the African Development Bank’s African Economic Outlook 2022 said on Wednesday that Africa deserves the highest priority attention it can get at the United Nations climate conference, COP 27 holding in November this year in Egypt. The event which was hosted by the Atlantic Council in […]
Posted by African Examiner
Business News, Latest Headlines
Friday, July 29th, 2022
(AFRICAN EXAMINER) – The Naira on Thursday appreciated against the dollar at the Investors and Exporters window, after a two-day decrease, exchanging at N426.20. The figure represented an increase of 0.88 per cent compared with the N430 it exchanged for the dollar on Wednesday. The open indicative rate closed at N428.10 to the dollar on […]
Posted by Eric Ojo
African News, Business News, Latest Headlines, North Africa
Friday, July 29th, 2022
(AFRICAN EXAMINER) – African Development Fund has approved a $4.3 million grant to fund capacity building within Ethiopia’s finance ministry and related government departments. The grant is to enable Ethiopia tackle declining growth and other economic challenges. The country’s Ministry of Finance will implement the project. The project will support capacity strengthening of the Government […]
Posted by Eric Ojo
African News, Business News, Latest Headlines
Friday, July 29th, 2022
(AFRICAN EXAMINER) – The Secretariat for the Common Market for Eastern and Southern Africa (COMESA) and the African Development Bank (AfDB) have launched phase one of the Africa Cloud Ecosystem Project. The regional cloud ecosystem project will be financed with a $550,000 grant from the NEPAD Infrastructure Project Preparation Facility Special Fund (NEPAD-IPPF) to support […]
Posted by Eric Ojo
African News, Business News, Latest Headlines, News Around Africa, West Africa
Wednesday, July 27th, 2022
(AFRICAN EXAMINER) – African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, has approved a grant of $2 million to boost food production in Sierra Leone. The programme falls under the AfDB’s $1.5 billion African Emergency Food Production Facility, a response to the global food crisis that resulted from the […]
Posted by Eric Ojo
African News, Business News, Latest Headlines
Wednesday, July 27th, 2022
(AFRICAN EXAMINER) – African Development Bank (AfDB) has expressed its justification for prioritizing climate financing in its development intervention programmes in Africa. The Bank said the premium it places on climate finance, strengthened its commitment to double its climate finance from $12.5 billion in the 2016-2020 period to $25 billion between 2020-2025 and to allocate […]
Posted by Eric Ojo
Business News, Latest Headlines
Tuesday, July 26th, 2022
(AFRICAN EXAMINER) – A leading Pan-African financial services provider, Afreximbank has been unveiled as the official partner of this year’s African Energy Week (AEW) holding from October 18 to 21 in Cape Town, South Africa. The AEW is Africa’s premier energy conference, exhibition and networking event organized annually by African Energy Chamber (AEC). The AEW […]
Posted by Eric Ojo
Business News, Latest Headlines
Monday, July 25th, 2022
(AFRICAN EXAMINER) – Access Bank Plc, a Nigerian multinational commercial bank has been conferred the Management System Certificate in accordance with the management system requirements in ISO 37301:2021 standard. This feat sees the financial institution become the first bank to achieve certification against this standard and it is in recognition of its exemplary commitment to […]
Posted by African Examiner
African News, Banking & Finance, Business News, Featured, Latest Headlines
Monday, July 25th, 2022
(AFRICAN EXAMINER) – Zenith Bank Plc has been ranked as the Number One Bank in Nigeria by Tier-1 Capital in the 2022 Top 1000 World Banks Ranking published by The Banker Magazine. For the thirteenth consecutive year, the Bank retained its position as the number one Tier-1 bank in Nigeria with a Tier-1 Capital of […]
Posted by Eric Ojo
African News, Business News, Latest Headlines
Sunday, July 24th, 2022
(AFRICAN EXAMINER) – African Development Bank (AfDB) Group has approved a Risk Participation Agreement of $50 million with Crédit Agricole Corporate and Investment Bank (CIB) to stimulate intra-African trade. CIB is the Corporate and Investment Banking arm of Crédit Agricole Group, the world’s 10th-largest bank by balance sheet size in 2021 (The Banker, July 2022). […]
Posted by Eric Ojo
Agriculture, Business News, Latest Headlines, West Africa
Saturday, July 23rd, 2022
(AFRICAN EXAMINER) – African Development Bank Group has approved a grant of $3.5 million from the African Development Fund’s Transition Support Facility as additional financing for a rice value chain transformation project in Gambia. The Rice Value Chain Transformation Programme was started in December 2018, with total grant financing of $7 million from the African […]
Posted by African Examiner
Business News, Latest Headlines
Friday, July 22nd, 2022
(AFRICAN EXAMINER) – The European Union (EU) Delegation to Nigeria and ECOWAS said on Friday that, it would replace the gas from Russia with Nigeria Gas due to the invasion in Ukraine. The Deputy Director-General Department for (Energy), European Commission in Brussels, Mr Matthew Baldwin, said this at a news conference on Friday in Abuja. […]
Posted by Eric Ojo
African News, Business News, Latest Headlines
Friday, July 22nd, 2022
(AFRICAN EXAMINER) – African Development Fund (ADF), the concessional arm of the African Development Bank (AfDB) Group, has approved a grant of around $25.65 million to help Zimbabwe enhance domestic food production and supply. The funds were drawn from the Transition Support Facility (TSF), although the Board of Directors of the Bank Group provided a […]
Posted by Eric Ojo
African News, Business News, Latest Headlines
Thursday, July 21st, 2022
(AFRICAN EXAMINER) – African Development Bank Group President, Dr. Akinwumi Adesina has applauded Africa50 for its crucial role in helping to bridge Africa’s infrastructure financing gap. Dr. Adesina gave the commendation while speaking at the opening session of Africa50’s General Shareholders Meeting in Marrakech on Tuesday. The meeting took place on the eve of a […]
