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India startups raise $3.9 billion in VC funding
An analysis of GlobalData’s Deals Database revealed that a total of 475 VC deals with a total disclosed funding value of ...
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New 2X Challenge announces $20 billion target for investments for women
This will be the third edition of the 2X Challenge, which was first launched at the G7 Summit 2018 in Canada to mobilise $3 ...
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AFC invests in Africa's largest copper complex
According to AFC, Kamoa-Kakula is a “world-class, high-grade, low carbon-intensive”, underground copper deposit ...
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Africa PPP 2024 to focus on energy, water, transport, tech and cross-border ...
Africa’s foremost infrastructure, development, investment, and partnership summit, Africa PPP returns to Morocco this ...
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Euro 2024 to be the most sustainable European championship - Euromonitor
Renewable energy in stadiums, minimal floodlighting and water usage, and smart match schedules to reduce travel for players and ...
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Afreximbank disburses $925 million crude oil-backed loan to Nigeria
Afreximbank said the deal was the largest crude-backed facility in Nigeria and one of the largest syndicated debts raised in ...
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IFC invests $23 million to boost Nigeria’s cocoa production and export
Cocoa plays a crucial role in Nigeria’s agribusiness sector and the country is one of Africa’s largest producers and ...
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Investment bank projects Africa’s remittances to reach $500bn by 2035
Remittances comprise a significant portion of African Gross Domestic Product (GDP), with the total value of remittances across ...
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U.S. debt per capita grows 10 times faster than the population since 2008
The biggest uptick was in 2020, a major crisis year due to the Covid-19 pandemic, which saw the debt placed on Americans rise ...
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AfDB has invested $1.44bn to support infrastructure development in Nigeria
According to the 2020 National Integrated Infrastructure Master Plan, Nigeria requires, between 2020 and 2043, total ...
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Afreximbank delivers strong first quarter 2024 results
According to the report, net interest income for Q1 2024 grew by 31.73% to $393.4 million, compared to $298.6 million for the ...
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CBN revokes the banking licence of Heritage Bank
CBN said the action had become necessary due to Heritage Bank’s breach of Section 12 (1) of BOFIA, 2020.
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Global carbon pricing revenues reach a record $104 billion
There are now 75 carbon pricing instruments in operation worldwide, according to the report.
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Gavi supports over 20 countries to immunise 100 million children
Timely, high coverage campaigns reaching un- and under-immunised children are key to closing growing immunity gaps, particularly ...
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Nigeria arrests ivory traffickers connected to recent seizure in Vietnam
Comprehensive intelligence-led investigations by the Wildlife Justice Commission led to the identification and location of ...
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Survey finds countries are not transparent enough on debt, social spending
The report uncovers regional trends, which show two stories – one of sustained progress and one of downward peril. -
Coca-Cola commits to new $175 million investment in Kenya
Coca-Cola is a major employer in East Africa, where it directly employs about 10,000 people.
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NDFF 2024 conference makes 15 recommendations for Nigeria's economy
Participants at the conference included cabinet ministers, regulators, policymakers, members of the diplomatic corps in Nigeria, ...
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NDFF 2024 Conference to boost Nigeria’s blue and green economies
Nigeria Development and Finance Forum (NDFF) 2024 Conference is set to strengthen the momentum for Nigeria’s economic ...
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CBN increases capital requirements of banks, gives 24 months for compliance
Banks with international authorisation to raise their capital to N500 billion.
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IFC, partners back Indorama in Nigeria with $1.25 billion for fertiliser export
The financing package will fund Indorama's plans to develop a third nitrogenous urea fertiliser production line and a new ...
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