Economy

The Minister for Social Action, Family and Woman Promotion, Faustina Alves, Wednesday in Luanda, called for greater participation for "ladies" in actions aimed at resolving conflicts in society. Speaking at the closing of a round table on women's participation in peacekeeping and conflict resolution processes, the Government official stressed that the presence of women in this field is generally unknown...

The president stated this at a Presidential Conference with the Participants of Senior Executive Course 42 of the National Institute for Policy and Strategic Studies at the State House, Abuja, recently. He noted that the focal point of the group's research for the year, "Population Growth and Human Capital Development: Challenges and Opportunities," was most appropriate in timing, and the...

Over five thousand families have benefitted from the food support programme organised by the USAID funded Urban Assistance Scheme, which was launched by the World Food Programme (WFP). The programme is being spearheaded by Lead, who is in partnership with the WFP in reaching out to the beneficiaries. The scheme is meant to benefit vulnerable families who have been drawn...

…plans Roll-Out in Nigeria, Egypt, Tunisia, and Kenya The creation of the mobile business happened the second that prepaid calling was executed. Users with no secure income except for generally limited amounts of money could become clients when they had money. This week Mondia, a leading independent digital entertainment enabler, has launched a content platform that may turn into the...

By Phyllis Wakiaga We have a great advantage in Kenya as a nation of young, vibrant and highly creative youth. They account for about 75% of Kenya’s population, according to the World Bank. However, they are not adequately enabled to participate in our country’s social, economic and political development. There are many reasons for this, some are unemployment, under-employment, lack of skills,...

The OPEC Fund for International Development (the OPEC Fund) signed a $20 million term loan in favour of East African Development Bank (EADB), to support small- and medium-sized enterprises (SMEs) and infrastructure projects in East Africa. EADB is an important regional development institution for delivering key development objectives across the East Africa region. It enjoys a high level of...

Pearl Dairy Farms is now exporting its range of milk powder products to Ethiopia, Malawi and South Sudan underpinned by the ratification of the Africa Continental Free Trade Area (AfCFTA) agreement. With the expansion of these markets; Pearl Dairy products are now sold in over eight countries and growing. Algeria is next on the list of potential markets as the...

The program will support 300 high-performing entrepreneurs with up to 150,000 USD each in zero-interest loans and will provide technical support to spur Africa’s economic recovery. Entrepreneurial Solutions Partners (ESPartners), in collaboration with the U.S. African Development Foundation (USADF) and Ecobank, has launched the African Resilience Initiative for Entrepreneurs (ARIE) – a pan-African initiative to provide financial and technical assistance...

Having recently acquired Ghana Home Loans Bank (GHL Bank), First National Bank Ghana, FNB receives a long-term loan of $30 million from Deutsche Investitions - und Entwicklungsgesellschaft mbH, DEG. The fund was provided to help the bank to grow its newly acquired asset portfolio. Meanwhile, more funds are being supplied by other European development finance institutions, such as; Finnfund (Finland),...

The federal government of Nigeria will hold talks with the country’s Central Bank (CBN) in the hope of restructuring business loans as part of the grand plan aimed at easing the weight of the coronavirus crisis on the economy, Vice President Yemi Osinbajo said on Sunday. A statement by his spokesman, Laolu Akande, titled: FG Will Use Part of N2.3...