Most Recent News

Korea invests $9m to support Science and Technology skills across Sub-Saharan Africa

The International Centre of Insect Physiology and Ecology (ICIPE) has signed an initial US$ 3.8 million grant agreement with the World Bank, as part of a larger US$ 9 million.

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Nigeria Federal Government, Volkswagen begin talks on automobile hub

The Federal Government and the Volkswagen Group have commenced dialogue as the local manufacturing of vehicles by the automaker is set to begin. The Federal Government, in September, signed a.

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Turkish agriculture sector to start investment in Sudan

Turkish agricultural sector will be able to commence investments in Sudan’s fields by 2019, Turkish agriculture minister told Anadolu Agency. An office of Turkish and Sudanese joint agricultural and livestock.

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European Investment Bank signs €200 million loan deal with Afreximbank to support job creation

The European Investment Bank has signed a new fifteen-year EUR 200 million loan agreement with the African Export-Import Bank (Afreximbank), aimed at supporting trade-related productive investments, including in renewable energy.

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European Investment Bank commits €50 million to support Nachtigal hydropower plant

The European Investment Bank has announced its strong support for the construction of a 420-MW hydropower project in Cameroon. The EIB will provide a EUR 50 million long-term project finance.

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Coronation Named Best Investment Bank in Nigeria

Coronation Merchant Bank has been named the Best Investment Bank in Nigeria at the 2018 Global Business Outlook Awards which held recently in London, UK. Now in its fifth year,.

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New Seasons Investment Holdings, Nodus Equity merge to form private equity fund

A new majority-black controlled private equity fund, New Seasons Investment Fund (the Fund), has been launched following the merger of two private equity fund companies – New Seasons Investment Holdings.

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AfDB approves $40m equity investment in Africa Infrastructure Investment Fund

The Board of Directors of the African Development Bank has approved its third equity investment of US$40 million in Africa Infrastructure Investment Fund (AIIF3), a closed-ended pan-African infrastructure fund managed.

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Lebanese investments in Egypt to reach $5bln by 2018 end

The Lebanese volume investments in Egypt would reach $ 5 billion by the end of the current year, according to the Vice Chairman of the Joint Egyptian- Lebanese Business Council,.

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Vlisco proposes $200m investment in Nigeria

Vlisco Group, a Dutch clothes firm, has proposed an investment of 200 million dollars by the company in Nigeria, which would, in turn, create 700,000 jobs. President Muhammadu Buhari has.

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