July 21, 2020/AfDB The African Development Bank (www.AfDB.org) has concluded its bid to co-finance the construction of Mozambique’s integrated Liquefied Natural Gas (LNG) plant by signing a senior loan of $400 million for the transformational project. The Mozambique LNG Area 1 Project, estimated to cost over $20 billion, is ranked […]
Updates
CBN Communique No. 131 of the MPC Meeting for July 20, 2020
July 20, 2020/CBN The Monetary Policy Committee (MPC) met on 20th July 2020, amidst elevated uncertainties across the world. The projected global output contraction was revised downward, as many countries had to extend the lockdown period in the wake of a second wave of coronavirus infections, and continued lack of […]
Africa Investment Forum: Founding Partners unveil Unified COVID-19 Response to support Africa’s private sector
15 deals in the Africa Investment Forum’s portfolio, valued at $3.79 billion earmarked to address COVID-19 impacts July 20, 2020/AfDB Increased and decisive investment will be the channel for Africa’s economic recovery post COVID-19, partners of the Africa Investment Forum said on Friday, expressing confidence in the continent’s potential to […]
