· Bank commits $20bn into Nigerian economy in the last five years President Bola Tinubu has charged the leadership of African Export-Import Bank (Afreximbank) to intensify efforts to mobilise and deploy the continent’s vast human, financial, and natural resources for the collective economic advancement of Africans. Tinubu said Africa’s drive for industrialisation could not remain…
The latest economic outlook report by the African Development Bank (AfDB) projects that the continent will grow at 4.2 per cent in 2026, slightly down from 4.4 per cent in 2025, before bouncing back to its growth trajectory in 2027. The downward revision for 2026 comes at the back of heightened geopolitical tensions and global…
Nairobi — President William Ruto has urged African countries to mobilise domestic capital to finance infrastructure development, warning that continued reliance on foreign funding is slowing down progress and undermining the continent’s long-term development agenda. Speaking during the opening of the Africa We Build Summit in Nairobi, Ruto said Africa’s development ambitions risk remaining unfulfilled…
INFOGRAPHIC/The Harris Poll. Key Survey Findings Ø Economic concerns were found to be a higher priority than climate issues in many countries, with a 23-point gap between climate change and broader economic concerns. Ø 79% of respondents support community-level climate interventions. Ø Local climate solutions are viewed as opportunities for stronger communities by 77% of respondents. Ø Young people…
