Updates

AfDB approves US $100-million non-sovereign guarantee corporate loan for Export Trading Group

August 29, 2016/AfDB The Board of Directors of the African Development Bank (AfDB) Group has approved a seven-year, non-sovereign guarantee, US $100-million corporate loan to the Export Trading Group (ETG), to finance part of part of the company’s five-year Agricultural Investment Program (IP) in Africa. The programme will promote employment […]

Japan pledges investment in quality infrastructure in Africa

August 29, 2016/AfDB Investing in infrastructure and human resource development are crucial for Africa to realise Agenda 2063, a high-level panel during the Sixth Tokyo International Conference on African Development (TICAD VI) heard Saturday in Nairobi. The panel, under the theme “Africa, towards 2063 and beyond”, sought to sought to […]

Facebook CEO says group will not become a media company

August 29, 2016/Reuters Facebook Inc. will not become a media company, its founder and CEO Mark Zuckerberg said on Monday, telling students the firm would remain a technology platform. An increasing number of users are turning to social media networks, such as Facebook (FB.O) and Twitter (TWTR.N), to find their […]