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Economy
Nigeria: Central Bank seeks approval to provide services amid lockdown
The Minister of Finance, Budget and Planning, Zainab Ahmed, and the Governor of the Central Bank of Nigeria, Godwin Emefiele have obtained Presidential approval to permit critical financial services to function amid the lockdown.In a bid…
Revealed: what’s fueling the rapid hotel growth in West Africa
ABIDJAN, Ivory Coast, January 27, 2020/ -- Today, Africa is seen as one of the most promising regions for hotel developers. Aside from small chains and independents, four global hotel groups dominate signings and openings on the continent.…
Equatorial Guinea Speeds Up Year of Investment Drive with Nigerian Investors
MALABO, Equatorial Guinea, January 20, 2020/ -- In line with its commitment to attract regional capital investment into the country, H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, met with…
Equatorial Guinea’s Minister of Mines and Hydrocarbons visits the Waltersmith Modular Refinery
MALABO, Equatorial Guinea, January 20, 2020/ -- The leadership of Waltersmith Petroman carried out a site visit of the Watersmith Modular Refinery being constructed in southeastern Nigeria with H.E. Gabriel Mbaga Obiang Lima, Minister of…
Uganda Government Looks to Save Billions through Asset Management
ANTANANARIVO, Madagascar, January 8, 2020/ -- The United Nations Capital Development Fund (UNCDF) and the United Nations Department of Economic and Social Affairs (UN DESA) conducted a workshop on municipal Asset Management Action Plans…
Africa’s Wealthiest Man Ends the Year $4.3 Billion Better Off
LAGOS, Nigeria, January 2, 2020/ -- Aliko Dangote, Africa’s richest man, became $4.3 billion richer in 2019 as his fortune continued to grow on the back of investments in cement, flour and sugar.The 62-year-old Nigerian businessman and…
Cattle keepers in Wau benefit from free veterinary camp provided by UNMISS peacekeepers
JUBA, South Sudan, December 28, 2019/ -- Since her childhood days in Majok, Martha Agew’s life has relied heavily on rearing livestock. Ms. Agew was one of may beneficiaries as Bangladeshi peacekeepers serving with the United Nations…
United States announces Technical Assistance Program for the Central Bank of Liberia
MONROVIA, Liberia, December 27, 2019/ -- The Embassy of the United States of America, in coordination with the Government of Liberia and international partners, announces a technical assistance program to be provided through the U.S. Agency…
Let West Africa’s success echo throughout the world.
ABUJA, Nigeria, December 23, 2019/ -- The African Development Bank’s investments in West Africa are yielding remarkable results, the President of the Economic Community of West African States (ECOWAS), Jean-Claude Kassi Brou, said in Abuja…