Updates

AfDB, World Bank strategic alliance positions Africa to attract Japanese investors

August 27, 2016/AfDB African Development Bank (AfDB) President Akinwumi Adesina and World Bank President Jim Yong Kim, leading two development institutions at the Sixth Tokyo International Conference on African Development (TICAD VI) in Nairobi on Friday, started a big push to enable African states to attract foreign capital. President Adesina […]

AfDB,Japan Announce US$3 Billion Private Sector Development Initiative to Boost Growth, Reduce Poverty in Africa

August 26, 2016/AfDB The African Development Bank (AfDB) and the Government of Japan announced today they have set a joint target to provide US$ 3 billion for private sector development in Africa during the next three years, substantially increasing the resources devoted to boosting economic growth and fighting poverty in […]

Bears Return to NSE, ASI Down 0.72% WoW

August 26, 2016/Cordros Weekly Update The bears returned to the nation’s bourse, with the benchmark index closing 0.72% w/w lower at 27,450.91 points. The bull and the bear took turns, sequentially, in the week’s five sessions, with the losses eventually outweighing the gains in size. This further suggests that investors […]