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Gambia rates AfDB performance below expectation

Gambia's Permanent Secretary for Finance and Economic Af fairs, Mot Secka, has disclosed that despite the welcoming signals from the African Development Bank (AfDB), the performance rate in the implementation

First telecoms firm debuts on Nigerian bourse

The privately-owned Starcomms telecommunications company has been listed on the Nigerian Stock Exchange (NSE), making it the first telecommunications firm to be publicly quoted. On Monday, Starcomms' stocks, which was the only one listed under the newly-created Communications sub sector

AFRAA wants tougher action over breach of air safety rules

African states are failing to put in place policies to ensure proper air navigation surveillance services for aircraft departing and landing in their airports, which makes air rescue services more difficult, aviation experts said Monday.

IMF satisfied with Sierra Leone’s economic

The Executive Board of the International Monetary Fund (IMF) has expressed satisfaction with Sierra Leone’s Economic policy, after completing the second review of Sierra Leone's performance under a Poverty Reduction and Growth Facility (PRGF) arrangement.

African Development Bank and Microsoft sign Memorandum of Understanding

The African Development Bank (AfDB) and Microsoft today signed today an agreement to work together to increase access to Information and Communication Technology (ICT) for all Africans.

Nigerian bourse half-year turnover hits 1.73 trillion naira

The total turnover of shares recorded at the end of June on the floor of the Nigerian Stock Exchange (NSE) hit 121.62 billion, valued at 1.73 trillion naira, in contrast to the same period last year, when a total of 6 4 .1 billion shares, worth 866.24 billion naira was recorded

Nigeria’s VP blames oil bunkering for Niger Delta violence

Nigeria's Vice President, Dr. Goodluck Jonathan, has said the spiralling violence in the country's Niger Delta oil region was being fuelled by smugglers as well as those who are stealing the country's crude oil. Dr, Jonathan, who spoke as the two-day

AfDB votes US$ 250 million to develop agriculture in Nigeria

The African Development Bank (AfDB) said it had committe d US$ 250 million to the development of the downstream sector of agriculture in N igeria, according to Tuesday's account of the privately-owned This Day newspaper

AfDB Conference on African Agriculture, Global Food Crisis

The African Development Bank (AfDB) is to host an international conference on the revitalization of African agriculture in the face of the global food from 25 – 26 June in Tunis, Tunisia. The ‘Conference on the Revitalization of Agriculture in Africa

AfDB Approves US$ 500,000 Post-Conflict Emergency Relief for Kenya

Board of Directors of the African Development Bank (AfDB) Group has approved a grant of US$ 500,000.0 million from its Special Relief Fund (SRF) to finance emergency relief programmes to alleviate the sufferings of victims of the recent post-election violence in Kenya.

UNDP, Delta State govt sign agreement on job creation

The UNDP will Monday sign a memorandum of understanding (MOU) with Nigeria's Delta State government for a three-year job creation and co n flict prevention initiative in the restive Niger Delta region. In a statement in Abuja

Zambia looking for IMF loan for new electricity projects

The Zambian government has applied to the International Monetary Fund (IMF) for a loan of US$ 450 million to enable its utility company - Zambia Electricity Supply Corporation (ZESCO) - implement new projects
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