Africa - Page 28

AfDB Revises Africa’s Economic Growth From 4.3% To 3.8% In 2024, Cites Multifaceted Challenges

In an update to economic outlook, the African Development Bank (AfDB) has slashed growth projections for the African economy from 4.3% To 3.8% In 2024, highlighting various factors contributing to the downward revision. Speaking to

Emmanuel Ochayi

1 year ago

Brent Crude Surges To $83 As African Producers Face Quota Tensions

Africa·Business·News·Oil & Gas·World News

Brent Crude Oil Surges To $83 As African Producers Face Quota Tensions

Amidst escalating tensions within the Organization of Petroleum Exporting Countries (OPEC), Brent crude surged to $83.60 per barrel, setting the stage for OPEC’s meeting today. The meeting, which was delayed due to discord

Emmanuel Ochayi

1 year ago

Africa·Agro-Economy·Business·News

Raedial Farms Seals Partnership With Compagnie Fruitere, Diversifying Nigeria’s Agri-Exports

In a stride towards bolstering Nigeria’s agricultural export industry, Raedial Farms Limited, a subsidiary of Raedial Holdings Limited, inked a partnership agreement with Compagnie Fruitere, a French giant renowned for its extensive fruit

Emmanuel Ochayi

1 year ago

Africa·Business·News·Tech News

AfDB Partners U.S. Commercial Service To Fuel Digital Revolution In Africa

U.S. Commercial Service and the African Development Bank have cemented a partnership aimed at revolutionizing digital innovation across the African continent. “This is a pivotal moment for Africa’s technological evolution,” remarked Ashley

Emmanuel Ochayi

1 year ago

Africa·Editorial·News

Gender Activism An Economic Necessity In Africa [PBA Editorial]

The United Nations is currently running a campaign tagged: ’16 Days of Activism against Gender-Based Violence’. It’s meant to raise awareness and implement strategies to combat gender-based violence across the globe. The

Prime Business Africa Editorial

1 year ago

Africa

Sierra Leone Coup Attempt Gets ECOWAS, United States’ Attention

Condemning the failed coup plot in Sierra Leone, the Economic Community of West African States (ECOWAS) says it is utterly disgusted by the attempt to “disturb the peace and constitutional order” of

Victor Ezejaand

Admin

1 year ago

Africa·Business·News·Oil & Gas

Nigerian Govt Pledges Commitment To West African Gas Pipeline Project

Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo has reiterated Nigeria’s support for the West African Gas Pipeline Project, emphasizing the government’s dedication to realizing its full potential. In his speech,

Emmanuel Ochayi

1 year ago

AfDB Announces $1.44 Billion Investment In Nigeria's Infrastructure

Africa·Business·News

African Countries Face Macroeconomic Modelling Gap, Says AfDB

The African Development Bank Group (AfDB) has shed light on gaps in macroeconomic modeling capacity across African nations. This was reveled during the African Economic Conference 2023 held in Addis Ababa. The

Emmanuel Ochayi

1 year ago

Kenya's President William Ruto Announces Visa-Free Entry

Africa·Business

Kenyan Govt To Privatize 35 State-owned Companies

President William Ruto has revealed plans to privatize 35 underperforming state-owned companies in Kenya. This move aims to revitalize these entities, combating bureaucratic inefficiencies while stimulating economic growth in the East African

Emmanuel Ochayi

1 year ago

Africa·News·Transport

IATA Reveals $1.68bn In Airlines’ Blocked Funds Across Africa, Urges Govt Intervention

The International Air Transport Association (IATA) underscored the harrowing entanglement of $1.68 billion in airline funds across Africa, constituting a portion of the global total of $2.36 billion. Kamil Alawadhi, the Regional

Emmanuel Ochayi

1 year ago

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Africa - Page 28

AfDB Revises Africa’s Economic Growth From 4.3% To 3.8% In 2024, Cites Multifaceted Challenges

Brent Crude Oil Surges To $83 As African Producers Face Quota Tensions

Raedial Farms Seals Partnership With Compagnie Fruitere, Diversifying Nigeria’s Agri-Exports

AfDB Partners U.S. Commercial Service To Fuel Digital Revolution In Africa

Gender Activism An Economic Necessity In Africa [PBA Editorial]

Sierra Leone Coup Attempt Gets ECOWAS, United States’ Attention

Nigerian Govt Pledges Commitment To West African Gas Pipeline Project

African Countries Face Macroeconomic Modelling Gap, Says AfDB

Kenyan Govt To Privatize 35 State-owned Companies

IATA Reveals $1.68bn In Airlines’ Blocked Funds Across Africa, Urges Govt Intervention

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