The Board of Directors of the African Development Bank (AfDB), has approved the establishment of African Pharmaceutical Technology Foundation for Africa’s access to technologies. According to the bank, this is for the manufacture of medicines, vaccines and other pharmaceutical products. In a statement by the bank”s Communication and External...
Africa
24 hours after the official release of the video of popular song , “Buga”, by Oluwatobiloba Daniel, popularly known as “Kizz Daniel”, it has hit over 2.2 million views on You Tube. Kizz Daniel announced the release of the visual of the song on his verified Instagram page on...
The Super Eagles of Nigeria have dropped by one spot in the FIFA World ranking for June to become world 31st and fourth-placed team in Africa. According to the ranking table published on FIFA’s verified Thursday, the Jose Peseiro-tutored players garnered 1,504.7 points in the month under review. On...
Vodafone Germany on Tuesday said it would recycle more than one million old mobile phones from Africa. The Dutch firm’s Closing the Loop would help in the endeavour to gather old phones primarily from Nigeria, Ghana and Cameroon and transport them to Europe for recycling there. The project is...
By DAVID IORJA, Abuja – Vice President Yemi Osinbajo had departed Abuja on Sunday for Abidjan, Cote d’Ivoire, to participate in the annual summit of the Africa CEO Forum. A statement issued by the vice president spokesman, Laolu Akande, said Osinbajo would participate in the event alongside other leaders...
The Central Bank of Nigeria (CBN), says it is set to introduce the Unstructured Supplementary (USSD) code as part of steps to improve the Central Bank Digital Currency (CBDC). The Deputy Governor of the CBN, Kingsley Obiora, said this at the IMF African Department Speakers Series held virtually on...
Pope Francis has cancelled his trip to Africa next month due to ongoing knee problems, in what has become a persistent ailment for the 85-year-old pontiff. Vatican spokesman,Matteo Bruni ,said the Pope’s decision was made “on the advice of his doctors and in order not to compromise the results...
The Minister of Agriculture and Rural Development, Dr Mohammad Abubakar, has reiterated the commitment of the Federal Government to increase Nigeria’s cocoa production from the present 340,000 tonnes to 500,000 tonnes by 2024. A statement by Mr Mohammed Gana, Information Officer II, in the Ministry said the minister made...
The Nigerian Biker, Kunle Adeyanju, who embarked on an adventurous trip from London to Lagos for charity, arrived Lagos on Sunday afternoon. The News Agency of Nigeria (NAN) reports that Adeyanju spoke about his adventure at a reception organised in his honour by the Ikeja Rotary Club District 9110....
The African Development Bank (AfDB) has approved a $1.5 billion emergency programme to alleviate the impact of worsening food insecurity due to the Ukraine war, its director said on Monday. About 20 million farmers on the continent will benefit from the fund as Africa faces a shortage of at least 30...
By JOY ADARA, Abuja – Google on Tuesday announced that 60 eligible black-founded start-ups would receive a total of four million dollars in the second cohort of Google for Start-up Black Founders Fund (BFF) Google’s Head of Start-up Ecosystem, Africa, Mr Folarin Aiyegbusi, made this known in a statement...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says that Africa needs to finance her own growth. Emefiele said this at the Africa Finance Corporation (AFC) Live Infrastructure Solutions Summit held in Abuja on Thursday. He said that over the past two years, Africa had suffered...
The World Health Organisation (WHO) says malaria remains a significant public health and development challenge with about 95 per cent estimated 228 million cases occurring in the WHO and AFRO Region, Dr egional Director for Africa, made this known in a message to commemorate the 2022 World Malaria Day...
The African Development Bank (AfDB) says the bank will help African countries reduce the sharp increase in fertiliser prices by providing support to the government and farmers. Dr Martin Fregene, the Director, Agriculture and Agro-Industry of the bank, said this at a virtual news conference on Wednesday in preparation...
Google on Tuesday announced its first Product Development Centre in Africa to help create transformative products and services for people in Africa and around the world. The Vice President of the product at Google, Ms Susan Frey, said at a Virtual Media Round Table that Google would also be...
A new Nollywood movie, “Ikemba”, was premiered on Sunday at the Orientals Hotel, Lekki, Lagos, to an array of “A” list actors and movie enthusiasts. The movie which had actors like Pete Edochie, Ramsey Noah, Yul Edochie, Zubby Michael, Patience Ozokwor, Chiwetalu Agu, Kanayo O. Kanayo and others, was...
By BENJAMIN ORISEMEKE, Abuja – Africa Finance Corporation (AFC) has invested a total of $10 billion in projects across 35 African countries since its inception in the last 15 years. The Corporation invested in high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural...
The Qatar Fund for Development (QFFD) and Bill & Melinda Gates Foundation have jointly pledged $200 million toward agriculture, climate resilience and economic development projects in Africa. The pledge was made on Monday through a new strategic partnership (Nanmo) to support smallholder farmers on drylands on the African continent....
The Armed Forces of Nigeria and the Egyptian Armed Forces are major players on the African continent. “Egypt and Nigeria are major players on the African continent and a meeting by both parties should be for the interest of the continent,’’ Chief of Defence Policy and Plans, AVM Ayo...
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said Nigeria’s economy remained the largest in Africa with over N400 billion in Gross Domestic Product (GDP). The minister said this at the 21st edition of Town Hall Meeting on the achievements of the Federal Government in infrastructure...