Africa’s $60bn losses in illicit capital flows due to multinationals’ tax avoidance, says AfDB Adesina
Charles Abuede
January 22, 2021
By Charles Abuede Says 86 of Nigeria’s SMEs spend a whopping $14bn annually on diesel for generators Nigerian companies lose an
AfDB secures $90m international donor funds for SEFA project
Charles Abuede
December 17, 2020
By Charles Abuede Receives financial commitments from Sweden, Germany, Denmark, US, UK The African Development Bank
BUA pledges support for AfCTA infrastructure projects, addresses despondent challenges affecting success
Onome Amuge
September 28, 2020
Onome Amuge Nigerian leading foods, mining, manufacturing and infrastructure conglomerate, BUA Group, has expressed its
AfDB, partners commit $3.8bn to speedily close Africa’s investment gap
Charles Abuebe
July 20, 2020
15 deals in AIF’s current portfolio All deals valued at $3.79 billion earmarked to address the impact of COVID-19 By Charles Abuede
Investment interest in Africa grows as AIF 2019 sees 44% rise in deals value to $67.6bn
Businessam Staff
November 13, 2019
By Phillip Isakpa, in Johannesburg, South Africa Global investor interest in the continent of Africa continues to grow as the second
AfDB takes $50m minority equity in AFC
Businessam Staff
November 13, 2019
The African Development Bank (AfDB) this morning in Johannesburg, South Africa, made a $50 million minority equity Investment
AIF ’19 opens with greater expectations as it delivers on promises of maiden edition
Businessam Staff
November 11, 2019
Africa Infrastructure Fund closes $500m equity to speed up agric investments $175m Africa Guarantee Fund equity transaction reaches
Abia, Ekiti, Kwara governors storm AIF ’19 on investment drive
Businessam Staff
November 11, 2019
The governors of Nigeria’s subnational governments of Abia, Ekiti and Kwara states have taken their investment drive to the
Ghana President Akufo-Addo signs $2.6bn Accra sky train concession
Businessam Staff
November 11, 2019
President Nana Akufo-Addo has just signed the concession agreement for the proposed Accra sky train project. The project was conceived