World News

AFC Receives AAA Rating from China Chengxin, as the Corporation Positions for further Diversification in Funding Sources

The AAA rating from CCXI affirms the Corporation’s intrinsic financial strength and disciplined approach to risk management January 13, 2025/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has received an AAA domestic credit rating with a stable outlook from China Chengxin International Credit Rating Co. Ltd (CCXI). […]

BudgIT Raises Concern Over Irregularities in 2025 FG Proposed Budget, Calls for Prudent, Patriotic, and Inclusi

January 9, 2025/BudgIT BudgIT, a leading civic-tech organisation promoting transparency, accountability, and effective service delivery in Nigeria, has observed certain legacy issues with the 2025 Federal Government Proposed Budget and calls on the National Assembly to proactively address the irregularities, exercise its “Powers of the Purse” responsibly, allow robust public […]

EBRD Marks Record Year with €16.6 Billion Invested in 2024

Image Credit: EBRD January 9, 2025/EBRD By Dilara Sarı EBRD invests €16.6 billion in record year and mobilises €26.7 billion in 2024 Bank finances a record number of projects in 2024 Green projects reach 58 per cent of Annual Bank Investment The European Bank for Reconstruction and Development (EBRD) delivered a […]