Finance
U.S. endorses AfDB’s $117b capital increase
WorldStage Newsonline-- The United States (US) has joined shareholders in endorsing a general callable capital increase (GCCI) of up to...
Read moreDetailsKenya secures $461m grants to combat HIV, tuberculosis, malaria
Kenya has announced that it has signed six grants totaling 59.7 billion shillings (about 462 million U.S. dollars) to support...
Read moreDetailsKogi grows IGR by 291.7% to N23.5b in eight years
WorldStage Newsonline-- The Kogi State Internal Revenue Service has confirmed that the state’s Internally Generated Revenue (IGR) profile has risen...
Read moreDetailsAfreximbank signs $80m deals for Zimbabwe’s CBZ Bank
In two deals signed at the recently concluded Afreximbank Annual Meetings, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is providing a US$60...
Read moreDetailsUSAID supports 33 Nigerian companies with $26.6m grants
The United States Agency for International Development (USAID) says it has awarded 26.6 million dollars in co-investment grants to 33...
Read moreDetailsStandard Chartered Bank shows interest to finance Lagos-Calabar coastal highway, Port Harcourt-Maiduguri rail line, others
WorldStage Newsonline-- Standard Chartered Bank has indicated interest to finance key infrastructure projects in Nigeria, including the Lagos-Calabar coastal highway,...
Read moreDetailsICAN tasks accountants on accountability
The Institute of Chartered Accountants of Nigeria (ICAN) has called on accountants in the country to be accountable and work...
Read moreDetailsFitch reaffirms Long-Term Issuer Default Rating for Afreximbank at ‘BBB’ with Stable Outlook
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) for African Export-Import Bank (Afreximbank) at ‘BBB’, with a Stable...
Read moreDetailsLiberia: African Development Fund approves $10m from GAFSP Trust Fund to scale up nutrition project
The Board of Directors of the African Development Fund has approved an additional $10 million from the Global Agriculture and...
Read moreDetailsNigeria: AfDB, InfraCredit sign $15m agreement to enhance infrastructure financing
The African Development Bank (AfDB) and Infrastructure Credit Guarantee Company Limited (InfraCredit) have signed an agreement for a $15 million...
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