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Africa

Africa: World Bank Approves Project to Expand Agricultural Value Chains and Jobs

eriinfo.com4 hours ago04 mins

Washington D.C. — The World Bank has approved a $500 million International Development Association (IDA) credit for the Nigeria Sustainable Agricultural Value-Chains for Growth (AGROW) Project, aimed at increasing smallholder farmers productivity, strengthening agricultural value chains, and creating jobs while improving food and nutrition security. Agriculture remains Nigeria’s largest source of employment, yet low productivity,…

Palestinians in occupied West Bank protest Israel’s death penalty law | Newsfeed

eriinfo.com19 hours ago01 mins

NewsFeed Dozens of activists and families of Palestinian prisoners protested in Ramallah in the occupied West Bank after Israeli lawmakers approved a bill allowing the death penalty for Palestinians convicted of deadly attacks. Published On 31 Mar 202631 Mar 2026 Click here to share on social media share2 Share googleAdd Al Jazeera on Googleinfo

Africa

Afreximbank Concludes New U.S.$2-Billion Three-Year Dual Tranche Syndicated Term Loan Facility, Heralding Increased Investor Confidence in the Bank

eriinfo.com2 days ago02 mins

African Export-Import Bank (Afreximbank) has successfully concluded a new three-year Dual Tranche Syndicated Term Loan Facility totaling US$2 billion equivalent (raising US$1.73 billion and €228 million in US$ Facility A and EUR Facility B respectively). Proceeds from the facility, concluded on 9 March 2026, will be used by Afreximbank to refinance existing facilities and for…

War kills rate cut hopes as Reserve Bank warns of inflation spike

eriinfo.com6 days ago03 mins

Reserve Bank governor Lesetja Kganyago The South African Reserve Bank maintained its main lending rate at 6.75% on Thursday, saying caution was needed as higher energy prices triggered by the US-Israel war against Iran would push up inflation. Economists polled by Reuters had expected no change in the repo rate, as the Middle East conflict…

Palestine weekly wrap: West Bank attacks surge, Israel restricts Gaza aid | Gaza News

eriinfo.com7 days ago01 mins

NewsFeed Settler attacks, restrictions on aid, and land seizures marked a week that was supposed to be one of celebration for Palestinians. Al Jazeera’s Nida Ibrahim and Tareq Abu Azzoum explain what’s been going on in the occupied West Bank and Gaza. Published On 25 Mar 202625 Mar 2026 Click here to share on social…

Africa

Africa: Why Africa Needs a Green Bank to Fund Climate Action and Build Its Own Renewable Technology

eriinfo.com1 week ago014 mins

Climate change is a profound challenge to the livelihoods of many people in African countries who have contributed so little to its cause. More frequent extreme weather events (floods, heatwaves and droughts) are making hunger, insecurity and displacement much worse. The continent holds an estimated 30% of the minerals that are essential for the future…

Africa

Africa: Access Bank Partners King’s Trust to Drive Youth Empowerment Across Africa

eriinfo.com1 week ago05 mins

Access Bank Plc and King’s Trust International have formalised a strategic partnership aimed at expanding opportunities, entrepreneurship and sustainable livelihoods for young people across Africa. The agreement was signed in London by the managing director/chief executive officer of Access Bank, Roosevelt Ogbonna, and the chief executive officer of King’s Trust International, Will Straw. The bank…

Bank of Japan keeps rates steady as expected, warns Iran war may push up inflation

eriinfo.com2 weeks ago06 mins

The Bank of Japan (BOJ) headquarters is seen beyond the cherry blossoms in Tokyo on March 20, 2023. Kazuhiro Nogi | Afp | Getty Images The Bank of Japan on Thursday kept its rates steady at 0.75% as expected, but noted that inflation risks now are tilted to the upside due to the Iran war….

Africa

Africa: Bank of Africa Niger Says Profit Dropped 92 Percent As Credit Risk Rises

eriinfo.com2 weeks ago05 mins

Bank of Africa Niger reported a 92% drop in net profit for 2025, according to a statement from its board dated 20 February 2026. The bank said the decline reflects pressure across Niger’s banking sector as lending activity slowed and asset quality weakened. Industry data show total credit in the country fell 4.1% in 2025,…

Australia central bank raises rates by 25 basis points to a near 1-year high

eriinfo.com2 weeks ago03 mins

Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a press conference in Sydney, Australia, on Tuesday, July 8, 2025. Bloomberg | Bloomberg | Getty Images Australia’s central bank on Tuesday raised benchmark policy rates for a second straight time, pushing them to their highest since April 2025 at 4.1%. The 25…