On October 01, 2020, Moody’s Investors Service reaffirmed the rating of A1 with stable outlook assigned to the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IsDB Group). The rating is supported by ITFC’s ‘Very large capital buffers’, ‘Prudent treasury investment practices and adequateRead More →

Ghana has recorded total investments of US$869.47 million, with total FDI value amounting to US$785.62 million between January to June 2020 as FDI inflow showed rare strength in the final moments of the second quarter of the year, undeterred by the Covid-19 pandemic. The total FDI of US$785.62 million representsRead More →

There are just hours to go until the 23 October deadline to enter the African Development Bank’s AgriPitch Competition. Selected entries by African youth agripreneurs will be invited to showcase their agribusiness startup plans and compete for a share of $120,000 in funding seed prizes, a slot of the competition’s businessRead More →

Nigeria’s commercial center, Lagos State, will commence on a 24-hour curfew on all parts of the state starting Tuesday 4pm, as imposed by the state’s chief executive Governor Babajide Sanwo-Olu. This is to forestall law and order in all parts of the state arising from hoodlums hijacking the EndSARS protest.Read More →

The Board of Directors of the African Development Fund (ADF) has approved a loan of UA 36 million ($50.7 million) to Tanzania, to finance the nation’s response to the COVID-19 pandemic. The loan, from the African Development Bank Group’s COVID-19 Response Facility (CRF), will support the Government of Tanzania’s $109Read More →

Ten African Heads of State have issued a strong call to other world leaders to increase their funding to the International Fund for Agricultural Development (IFAD) or risk jeopardizing Sustainable Development Goal targets for eradicating poverty and hunger, particularly in Africa. “We share IFAD’s vision of vibrant rural communities whereRead More →

How we made it in Africa, the award-winning business publication, is offering exciting opportunities for journalists and editors from across Africa to join its team on a freelance basis. Assignments will include interviewing top African entrepreneurs and writing about business opportunities and trends on the continent. Remuneration will be negotiatedRead More →

International Hacker group, Anonymous on Friday, shutdown websites of Nigerian Government Agencies in solidarity of the EndSARS protest by Nigerian youths calling for an end to Police brutality.   Websites of the EFCC (Economic and Financial Crimes Commission), INEC (Independent National Electoral Commission), Nigeria Police Force, and the CBN (CentralRead More →