THE World Bank has approved about $750 million to help accelerate Kenya’s ongoing inclusive and resilient recovery from the Covid-19 crisis. The World Bank said in a statement released on Thursday that the Development Policy Operation (DPO) will help Kenya…
MORE and more plastic waste is being diverted from landfills and into a circular economy that grows employment and entrepreneurship in African countries. Food and beverage packaging is an important part of modern life, helping to ensure food safety and…
A$1bn plan to boost wheat production in Africa should be accelerated to avert potential food shortages arising from Russia’s invasion of Ukraine, according to the head of the continent’s biggest multilateral lender. The African Development Bank is raising the funds to help…
THE Tony Elumelu Foundation (TEF), in partnership with Google.org, has announced an inaugural Google.org Fellowship to provide one million additional Africans with access to TEFConnect as part of the foundation’s mission to empower young African entrepreneurs from all 54 African countries. The…
NIGERIA on Thursday priced a USD 1.250 billion 7-year Eurobond in the International Capital Market (ICM). This development makes Nigeria the first African country to access the ICM in 2022. Nigeria’s ability to access the ICM at this time is…
IT is a metal found in products used by people worldwide, unthinkingly every day. Whether it’s scrolling on a mobile phone or commuting to work in an electric car, nickel is a key part of these high-tech devices. Now nickel…
BUSINESS mogul, Mr Tony Elumelu, has expressed displeasure over the worsening state of the country. He asked: “How can a country so rich in natural resources have 90% of its citizens living in hardship and poverty?” Elumelu, in a string…
SOUTH Sudan said on Thursday it had secured $120 million from the World Bank through its development arm, the International Development Association, for infrastructure development. Agak Achuil Lual, Minister of Finance and Economic Planning, said the funds would also be…
US Ambassador Stephanie S. Sullivan on Tuesday announced new co-investments by the US Agency for International Development (USAID) totalling $4.2 million with five companies operating in Ghana. These projects, leveraged with private sector funds, will help these companies scale up…
IF there is any company that has been going extra miles to be carrying out its Corporate Social Responsibility (CSR) initiatives, it is unarguably the Okomu Oil Palm Company Plc. Unlike some organisations that speciously see the development of communities…
