In order to complement various national and sub-regional operations, African Development Bank’s Board of Directors Wednesday approved $27.33 million in grants to boost the efforts of the African Union (AU) to mobilise a continental response to curb the novel Coronavirus (COVID-19) pandemic.
The approval followed a meeting of the extended...
A meeting with the leadership of Nigeria Police Force and other stakeholders had agreed to meet the demands of the #EndSARS protesters which included halting use of force against demonstrators and unconditional release of arrested Nigerians.
The meeting affirmed and described the five-point demands of the protesters and the #EndSARS...
The President Muhammadu Buhari-led Federal Government Sunday handed over the National Arts Theatre complex in Lagos State to the private sector for a complete revamp and modernisation.
This was coming as Lagos State Governor, Babajide Sanwo-Olu, said the proposed transformation of the theatre complex give Nigeria an opportunity to harness...
New Partnership for Africa's Development (NEPAD), a socio-economic flagship programme of the African Union Development Agency (AUDA), otherwise called AUDA-NEPAD, has launched the Micro, Small and Medium Enterprises (MSME) Academy, in partnership with Ecobank Group.
Spearheaded under AUDA-NEPAD '100,000 MSMEs by 2021' (100K MSMEs) programme for Africa’s Micro, Small and...
Soldiers behind the coup tagged "popular inssurrection" that toppled the about seven years administration of Ibrahim Keita as President of Mali have promised to conduct elections within a “reasonable” time.
The interventionist soldiers made this commitment on Wednesday, amidst pressure from the international community calling for civil, constitutional and peaceful...
A 2019 Joint Report on Multilateral Development Banks’ Climate Finance has disclosed that climate financing by seven of the world’s largest multilateral development banks (MDBs) now totalled $61.6 billion as at 2019, of which $41.5 billion (67 per cent) was in low- and middle-income economies.
The study expanded the scope...
Former president Goodluck Jonathan has been appointed by the Economic Community of West African States (ECOWAS) as a Special Envoy to lead the sub-regional body's mediation mission in Mali.
Jonathan’s appointment was communicated to him in a letter signed by the President of ECOWAS Commission, Jean-Claude Kassi Brou.
"Given your position...
Idowu Sowunmi with agency reports
An American citizen abducted last week in Niger has been rescued during a high-risk U.S. military raid in neighbouring Nigeria, officials told ABC News early Saturday.
The mission was undertaken by elite commandos as part of a major effort to free the U.S. citizen, Philip Walton,...
President Muhammadu Buhari and former President Goodluck Jonathan Thursday met in Abuja over the political crisis in Mali.
Giving updates on the considerable improvement in the management of the crisis in Mali, Jonathan, who is the Special Envoy/Mediator to the West African country, said the mission given to him by...
In the worst-case scenario, growth in Southern Africa would fall to -6.6 per cent in 2020 before recovering to 2.2 per cent in 2021.
Growth is projected at –4.9 per cent in the baseline case, mainly driven by the deep recession in South Africa, induced by a fall in commodity...