30 results
- 20 Oct 2014
Nigerian Content Board Invested $5Bn in Local Content Devt
Ernest Nwapa, executive secretary of Nigerian Content Development and Monitoring Board (NCDMD), said the board had invested $5bn in the country’s economy. Nwapa explained that the fit was achieved as…
- 16 Dec 2021
AfDB Board Approves $170M for Investment in Nigeria’s Digital and Creative Start-ups
The Board of Directors of the African Development Bank has approved a loan of $170 million to finance a digital and creative enterprises program in Nigeria. The investment in Digital and Creative…
- 29 Dec 2021
AfDB Approves €10.5m Pooled Investment in Startup Fund
The Board of Directors of the African Development Bank Group has approved an equity investment pool of €10.5m to drive technological innovation across sub-Saharan Africa. The AfDB announced this in a…
- 19 Apr 2022
AfDB Earmarks €9.8m Equity Investment to Drive Tech
The Board of Directors of the African Development Bank (AfDB) has approved an equity investment of €9.8-million to support venture capital investments in African start-ups, from seed to growth…
- 12 Oct 2016
AfDB to Launch an Africa Investment Forum
The Board of the African Development Bank (AfDB) has approved the institution’s proposal to launch an ‘Africa Investment Forum (AIF)’—a meeting place for investors interested in Africa. The AIF will…
- 4 Jun 2019
PIC, MTN’s Largest Shareholder Pushes for Board Changes
Public Investment Corp. (PIC), MTN’s largest shareholder, is reportedly pushing for the restructuring of the leadership of the mobile-phone company to avoid the regulatory, legal and political…
- 7 Sept 2018
AfDB Approves $15M Equity Investment to Boost SME in Nigeria, Others
The Board of Directors of the African Development Bank has approved a US$ 15 million equity investment in Verod Capital Growth Fund III, a private equity fund that will make investments in high…
- 9 Sept 2014
AfDB Approves $150m Investments in Lekki Tolaram Port
The Board of Directors of the African Development Bank Group (AfDB) has approved a combined US $256 million for the financing of investments in Nigeria and Ethiopia as well as a multinational…
- 2 Jun 2023
AfDB Approves $20m Investment in Private Equity Fund
The Board of Directors of the African Development Bank Group (AfDB) has approved an equity investment of $20 million in the Africa50 Infrastructure Acceleration Fund I, in support of its target to…
- 17 Nov 2016
AfDB Approves $10m Equity Investment in TIDE Africa Fund
The Board of Directors of the African Development Bank (AfDB) has approved a US $10-million equity investment in the Technology and Innovation in Developing Economies (TIDE) Fund I to boost…
- 12 Apr 2019
AfDB Approves $15million Investment Package for InfraCredit Company in Nigeria
The Board of the African Development Bank has approved a $15-million investment package to Infrastructure Credit Guarantee Company (InfraCredit), to support infrastructure financing through the…
- 24 Nov 2017
AfDB Approves $15m Equity Investment in Africa Capital Works Fund
The Board of Directors of the African Development Bank (AfDB) has approved a US$ 15m equity participation in Africa Capital Works Fund. The investment will finance Sub Saharan Africa’s mid-market…
- 4 Jan 2018
AfDB, NDF, Others Partner in $55million Investment into Off-Grid Energy Access Fund
The African Development Bank’s Board approved a US $30-million investment in the Facility for Energy Inclusion Off-Grid Energy Access Fund (“FEI OGEF”). This follows the approval of additional…
- 27 Feb 2013
Diamond Advocates Capacity Building in Nigerian Oil & Gas Industry
To entrench a culture of sound corporate governance practices in the Nigerian oil and gas industry, there has to be a consistent investment in capacity building across board in companies operating in…
- 17 Jun 2017
AfDB Approves $15M Equity Investment to Support Inclusive Growth in Africa
The Board of Directors of the African Development Bank (AfDB) has approved a $15 million investment in Shore Capital Fund III, a multinational Private Equity Fund which promotes financial inclusion…
- 26 Dec 2023
Access Holdings Appoints Jimoh As Chairman
Access Holdings Plc has appointed Mr. Abubakar Jimoh as the chairman of its Board of Directors. The appointment follows the demise of Mr. Bababode Osunkoya, the former chairman of the Board of…
- 11 Oct 2013
Microsoft Forms 4Afrika Advisory Council
Microsoft has introduced the 4Afrika Advisory Council, an external board of advisers tasked with guiding strategic investments undertaken by the Microsoft 4Afrika Initiative. Benjamin Mkapa,…
- 8 Dec 2013
Microsoft Forms 4Afrika Advisory Council
Microsoft Corporation has unveiled the 4Afrika Advisory Council, an external board of advisers tasked with guiding strategic investments undertaken by the Microsoft 4Afrika Initiative across the…
- 20 Aug 2024
Transcorp Power Plc Taps Christopher Ezeafulukwe As Non-Executive Director
Transcorp Power Plc has notified the investing public of significant changes to its Board of Directors. Mr. Christopher Ezeafulukwe has been appointed as a Non-Executive Director. This appointment…
- 26 Oct 2021
Tech Industry Leader Layer3 Strengthens Board, Names Toyin Sanni as Board Chair
Layer3, Technology industry leader in cloud, scalable and secure networks, has announced as part of ongoing steps to strengthen its Board and to improve Governance oversight the appointment of Toyin…
- 3 Sept 2019
AfDB Appoints Chinelo Anohu to Head Africa Investment Forum
Dr. Akinwumi Adesina, President of the African Development Bank Group, has announced the appointment of Mrs. Chinelo Anohu, a highly accomplished international corporate lawyer, as head and senior…
- 6 Dec 2019
NCC Inaugurates Special Copyright Inspectors to Boost Anti-Piracy Drive
As part of its strategic interventions towards enhanced copyright protection, the Nigerian Copyright Commission (NCC) has inaugurated a corps of Special Copyright Inspectors (SCIs) to check the…
- 14 Oct 2022
Nigeria, Others Get $250m Economic Boost from EBID
The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved a total of $250 million for five member states of Nigeria, Burkina Faso, Ghana, Senegal and Sierra Leone…
- 20 Dec 2018
CWG Plc Announces Changes to the Board of Directors, Management Position
CWG Plc has notified its investing shareholders and the general public of the following changes to its Board of Directors and subsequently Management change. Mr. James Agada, Managing Director /Chief…
- 12 May 2024
Dr Aina Tasks FinTechs on Corporate Governance
Dr Segun Aina, founding President of the Africa Fintech Network (AFN), and Board Chairman, FintechNGR has urged financial technology service providers in the country to embrace and pay a lot of…
- 19 May 2026
AFC Invests $100m in Africa-focused Technology Fund Managers
The Africa Finance Corporation (AFC), said its board has approved a commitment of $100 million to invest in Africa-focused technology fund managers. The commitment comes amidst growing interest in…
- 30 Nov 2009
Meet the Judges of The Entrepreneur TV
The Entrepreneur TV show is an uncommon TV show that offers ordinary Nigerian micro-entrepreneurs with brilliant ideas the opportunity to have access to micro-finance to start-up or aid their…
- 23 Dec 2021
NSIA, REA Plan N10Bn Solar System Roll-out
Drawing strength from the Economic Sustainability Plan (ESP), the Nigeria Sovereign Investment Authority (NSIA) and the Rural Electrification Agency (REA) are set to unveil over 200,000 Solar Home…
- 18 Mar 2020
Ecobank Announces New Appointments, Changes On its Board
Ecobank Transnational Incorporated (ETI), the Lomé-based parent company of the Ecobank Group, announces two new appointments and changes on its Board of Directors. Dr. Georges Agyekum Nana Donkor has…
- 3 Apr 2020
AfDB Celebrates Milestone with First Social Bond Listing on London Stock Exchange
The African Development Bank’s “Fight Covid-19” social bond, the largest social bond to date to be issued in the capital markets, listed on London Stock Exchange on Friday 3 April 2020, and is now…