Updates

Federally Collected Revenue Declined Modestly by 2% QoQ to N3.4trn in Q2 2023

November 23, 2023/FBNQuest Research The CBN’s most recent Quarterly economic report shows that Nigeria’s gross federally collected revenue declined modestly by -2% q/q to NGN3.4trn  in Q2 ’23. However, on a y/y basis, it increased by 5% y/y. The gross revenue figure is before deductions for the cost of revenue […]

AfDB Strengthens Partnership with the African Network of Delivery Units

The event brought together representatives of government Delivery Units from 14 African countries, as well as key development partners, including UNDP, UMOA, the World Bank, AFD and Enabel November 23, 2023/AfDB The African Development Bank’s participation in the 2023 Dakar Forum of The African Delivery Units Network, provided a unique […]

Germany Pledges 4Billion Euros in Africa’s Green Energy: AfDB President Calls for Enhanced Partnership

The conference with African leaders was “the starting signal for stronger, reliable cooperation between Africa and Europe to realise climate-friendly energy supply based on green hydrogen” November 23, 2023/AfDB The government of Germany has pledged to invest 4 billion euros in Africa’s green energy until 2030. German Chancellor Olaf Scholz […]