21 results
- 26 Sept 2021
AfDB says Legal Support Facility Saved African Countries $4bn
The African Legal Support Facility, which is an initiative created to help governments avert losses from business deals, saved African countries $4bn in the last three years. The African Development…
- 2 Sept 2013
Norway Empowers ALSF with $4.9m
Norway is supporting the African Development Bank’s African Legal Support Facility (ALSF) with a contribution of $4.9million, as a core contribution towards the ALSF 2013-2014 work program. Donald…
- 18 Jun 2013
AfDB President Applauds G8’s Emphasis on Greater Transparency in Taxation
Donald Kaberuka, president, African Development Bank (AfDB) on Monday applauded the G8 for its emphasis on the issues around resource mobilization through greater transparency in taxation of Africa’s…
- 13 Apr 2026
AfDB Grants Project BRIDGE $200m Facility for Nationwide Internet Access
African Development Bank (AfDB) has granted a $200 million loan to support Nigeria’s flagship digital infrastructure initiative, Project BRIDGE, which is designed to expand broadband access across…
- 20 Mar 2019
Afreximbank Urges African SMEs to Engage Factoring to Ease Access to Finance
The African Export-Import Bank (Afreximbank) has urged all African SMEs to engage factoring as a viable and sustainable solution to address the challenge of access to financing for their businesses.…
- 14 Jun 2017
AfDB Supports Afe Babalola University with a $40m Loan
The African Development Bank (AfDB) has signed agreements for a corporate loan to finance the expansion of Afe Babalola University (ABUAD) in Ado Ekiti, Nigeria. The expansion plan consists of…
- 18 Nov 2013
World Bank Pledges Support to Nigeria’s Data System
Alain Gaugris, a Senior Statistician, World Bank, has expressed the commitment of the Bank to supporting and positioning Nigerian Statistical System (NSS) to enable it contribute meaningfully to the…
- 26 Apr 2022
John Asein, Copyright DG, Says Youths are Key in Intellectual Property Ecosystem
As Nigeria joined the world to mark Intellectual Property Day yesterday, Dr. John Asein, director general of Nigerian Copyright Commission (NCC) said that Youths are major drivers of Nigeria’s…
- 12 Aug 2019
Ecobank Drags Oil Firm to Court over Alleged N25Bn Debt
Ecobank has taken legal action against one of its client, Rahamaniyya Oil and Gas, over a N25.9 billion debt allegation owed to the bank. According to reports, the bank will hope to recover…
- 1 May 2022
AfDB puts Africa’s Infrastructure Deficit @ $108bn
Akinwumi Adesina, the president of the African Development Bank Group, has said that Africa faces an infrastructure gap of between $68bn to $108bn annually. According to him, the bank had committed…
- 22 Jun 2026
Arridex Floats West Africa’s First Multi-tech 3D Industrial Omnifactory in Lagos
Industrial manufacturing in Nigeria and West Africa at large has reached a historic milestone in 3D printing, as Arridex formally floated its breakthrough “Omnifactory” in Lagos. The newly opened…
- 4 Jun 2013
The World Bank Doles $60m to Support Telecom in Togo, Mauritania
Board of executive directors of the World Bank has approved $30 million each in International Development Association (IDA) credits to support the governments of Mauritania and Togo’s efforts…
- 15 Oct 2014
Symrise Launches Subsidiary in Nigeria, Plans Lab Facilities
Symrise has incorporated its subsidiary in Lagos, Nigeria. With this move, it is strengthening its presence in Africa. The location will include sales and marketing offices as well as application…
- 13 Apr 2017
Hogan Lovells to Sponsor Africa’s Leading Infrastructure Investment Summit
Leading global law firm, Hogan Lovells, will be the headline legal sponsor at AFC Live, the key industry infrastructure investment summit hosted by the Africa Finance Corporation (AFC), that will…
- 4 May 2024
INTERPOL Appoints Uche, Nigerian CP as Chairman, African Heads of Cybercrime Units
International Police Organization (INTERPOL), has appointed Ifeanyi Henry Uche, Nigerian Police Commissioner, as the chairman of the African heads of cybercrime units comprising heads of 54…
- 9 Nov 2013
LCA Convenes Professionals @ ADR Conference
The Lagos Court of Arbitration (LCA), in collaboration with the Investment Climate Facility for Africa (ICF), Chevron Nigeria, Stanbic IBTC, White and Case, and Africa Finance Corporation (AFC) has…
- 18 Jul 2017
Senate Committee @ MainOne’s Data Center, Lauds Contribution to Nigeria
The Senate Committee on Information and Communications Technology (ICT) and Cybercrime has pledged its readiness to work with relevant agencies to ensure that Nigeria meets its ICT objectives…
- 11 May 2017
FG Worries, Tasks Agencies to Detect GM Foods
Federal government has tasked the Nigerian Customs Service (NCS), National Agency for Food and Drugs Administration and Control (NAFDAC) among other relevant regulatory agencies to partner with the…
- 18 Feb 2026
Africa’s Active Data Centres' Capacity on Back Foot, Despite Investment Push
With its meteoric rise in data centre development and it accounting for 20% of the global population, Africa still only has 0.6% of global data centre capacity. This is based on the 2026 Economic…
- 26 May 2008
Exploring BTS outsourcing, Collocation options for cost reduction
Telecommunications operators are faced with operational challenges that include theft and vandalization of equipment as well as pressure from authorities to reduce number of towers. These bring to…
- 16 Dec 2021
Nigeria Startup Bill Poised To Unlock Digital Potential
Nigeria has moved a step closer to rolling out its landmark Nigeria Startup Bill (NSB) that will further deepen the country’s technology ecosystem and enable a sector on the cusp of exponential…