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Multilateral Agencies
234 posts
JICA, AfDB sign new $5.5bn joint facility for Africa’s critical resource mobilisation
By Tochukwu Bliss, Abuja The Japan International Cooperation Agency (JICA) and the African Development Bank (AfDB) on Thursday…
NEC, WFP collaborates to strengthen cooperative development in Africa
Izuchukwu Mayor, Lagos NEC Corporation recently announced a Memorandum of Cooperation (MOC) with the United Nations World Food…
AfDB commits $40m into AGIA-PD Fund
By Stanley Onyeka, Lagos The African Development Bank (AfDB) Group has announced $40 million in blended capital to…
Nigeria launches agro-industrial processing hub in Oyo State
By Stanley Onyeka, Lagos Nigeria has launched a new Special Agro-Industrial Processing Zone (SAPZ) in Oyo State, marking…
AfDB, SEFA invest $40m in Zafiri to accelerate renewable energy access across Africa
The Board of Directors, African Development Bank (AfDB) has approved a $40 million equity investment in Project Zafiri,…
IMF lauds reduction in ways and means funding
. Says gains of reforms yet to benefit all Nigerians By Stanley Onyeka, Lagos The International Monetary Fund…
AfDB, AIIB renew collaboration for Africa sustainable economic devt
By Stanley Onyeka, Lagos The African Development Bank (AfDB), and the Asian Infrastructure Investment Bank (AIIB), have signed…
FDI flows to developing economies drop to lowest level since 2005, says World Bank
By Stanley Onyeka, Lagos Flows of foreign direct investment (FDI) into developing economies—a key propellant of economic growth…
Global economy set for weakest run since 2008, says World Bank
By Stanley Onyeka, Lagos Global economy set for weakest run since 2008, says World Bank By Stanley Onyeka,…
Nigeria fully repays IMF’s $3.4bn rapid financing instrument
By Tochukwu Bliss, Abuja As of April 30, 2025, Nigeria has fully repaid the financial support of about…