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Global trade to hit record $35 trillion despite slowing momentum
UNCTAD said trade imbalances stay high and geopolitical fragmentation is reshaping flows, with friendshoring and nearshoring ...
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CBN licences 82 bureaux de change under revised guidelines
“Only Bureaux De Change listed on the Bank’s website are authorised to operate from the effective date,” CBN ...
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Green economy to surpass $7 trillion in annual value by 2030 – WEF
Since 2010, the cost of solar photovoltaics and lithium batteries has fallen by around 90% and offshore wind by 50%, making ...
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African private market funds control $51 billion, study shows
Private equity funds under management totalling $31.9 billion account for 63% of the total private market funds in Africa.
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Global renewable energy investment hit $807 billion
Global investments in the energy transition reached a new record of 2.4 trillion in 2024 – a 20% increase from the average ...
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FEDA invests $300 million in minerals and metal processing platform
Afreximbank said the investment underscores its commitment to supporting Africa’s mining sector and ...
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Japan, AfDB launch youth entrepreneurship and innovation platform
The A-A Platform will ensure a reciprocal exchange of technology and innovation between the two continents, ...
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Low-income countries spend just $17 per capita annually on health – WB
Despite growing needs, spending has stagnated in real terms since 2018, with the priority for health falling ...
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We are better positioned to prosecute suspects in bank failures - NDIC Boss
According to NDIC Chief Executive, the corporation’s powers in the area of the liquidation of failed insured institutions ...
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Lagride launches minibus service to disrupt Korope in Lagos
The company said the minibus service is designed for offices, churches, schools, and large groups.
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Ventures Platform secures $64 million for seed funding
The VP Pan-African Fund II, which is targeting a final ...
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Foundation calls for urgent actions to tackle fake drugs and alcohol
Olajide Olutuyi, Executive Director, Samuel Olutuyi Foundation, warns: “If left unchecked, the ‘death ...
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Global deal activity declines by 4%, finds GlobalData
An analysis of GlobalData’s Deals Database revealed that all the deal types under coverage, as well as all the regions, ...
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AI investment to pivot to Global South, global investors say
After years of concentration in the Global North, investors now predict a significant rebalancing of AI capital flows towards ...
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Italy’s largest union brings 200,000 to Rome for work, democracy protest
Workers, retirees, and young people filled the streets to call for a fairer Italy – one founded on the dignity of work and ...
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AFC-backed Infinity Power achieves financial close on 200MW wind farm
Africa Finance Corporation’s renewables investments span wind, solar and hydro power, which it says positions the ...
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George Elombi takes over as Afreximbank’s fourth President
Afreximbank will create a new, high-impact financing window, specifically for projects that process raw minerals into ...
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Women innovation, entrepreneurship conference sets to hold in Cape Town
OCP Africa, Deloitte Africa, UNDP, UN Women, Nedbank, Arab Bank for Economic Development in Africa, Development Bank of Southern ...
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Africa-focused Madica expands portfolio with two new AI startups
Partners with ABAN to expand investment flow and ecosystem networks for portfolio companies.
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UNCTAD16 opens in Geneva to chart way for resilient supply chains, others
The global forum sets four-year mandates as leaders chart paths to resilient, inclusive growth.
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West African Development Bank raises EUR 1 billion
The deal represents an important milestone for Africa's multilateral development banks as its 15-year maturity constitutes the ...
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