The African Development Bank’s Director General for Nigeria, Dr Abdul Kamara, and IITA Director General, Dr Simeon Ehui, jointly sign the $16.61 million TAAT‑III grant agreement in Abuja. Image Credit: AfDB The agreement, signed on 18 February 2026 in Abuja, bolsters a shared commitment to modernise African agriculture by scaling […]
Updates
Liquid Intelligent Technologies Announces Debt Repayment and Agrees New Credit Facilities
Strategic Financial Actions Support Growth Ambitions Across Africa February 25, 2026/Cassava Technologies Liquid Intelligent Technologies, a business of Cassava Technologies, has today confirmed the full repayment of its ZAR term loan and USD revolving credit facility. In tandem with this repayment, Liquid has agreed $410 million in new ZAR and […]
GenCos Reject Presidency’s ₦2.8 Trillion Debt Settlement Deal
February 25, 2026/CSL Update Recent media reports suggested that President Bola Tinubu approved ₦2.8 trillion as the Federal Government’s audited liability to settle legacy debts owed to Nigeria’s power generation companies (GenCos), significantly lower than the ₦6.0 trillion figure previously claimed by the operators. The reports cited unnamed Presidency and […]
