The World Bank and the US Export-Import Bank (EximBank) say they will commit over $3 billion to the implementation of Nigeria’s energy transition plan. The international organisations made the commitment …
The federal government of Nigeria has launched Nigeria’s energy transition plan as a major pathway in achieving universal energy access by 2030 and a carbon-neutral economy by 2060. Vice-President Yemi Osinbajo, …
MTN Nigeria has kicked off an open 5G pilot in the lead-up to its highly anticipated commercial launch. The company intends to launch 5G services in Lagos, Abuja, Port Harcourt, …
The Chinese government has revealed plans to forgive 23 interest-free loans to 17 African countries. China also revealed its intention to provide food assistance to struggling nations. The Chinese Foreign …
The US government is supporting Egypt’s Covid-19 response with $9 million (EGP 173.4 million) in new funding, the United States Agency for International Development (USAID) in Egypt announced in a tweet on …
After launching the “Safe Shores” initiative targeted at fishermen and the “Silky Hands” initiative targeted at carpet makers, the ministry of social solidarity Egypt launched Tuesday “Your Road is Safe” …
The Central Agency for Public Mobilization and Statistics (CAPMAS) released a statement Tuesday detailing the exports, whose value declined in May 2022, in spite of the increase in the total …
Fitch Solutions is forecasting a 43% depreciation of the cedi to the US dollar in 2022. It is also projecting a 30.1% fall in value of the cedi to the …
Demand for dollars by dealers outstripped supply by $84.5 million, latest data from the Bank of Ghana has revealed. This is a reduction of the $105.25 million recorded during the …
In a clear demonstration of its industry leadership and consistency in providing superior financial returns, Zenith Bank PLC has announced its audited results for the half-year ended June 30, 2022. …
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