July 1, 2025/CSL Research Projections from the Global Report on Food Crises (GRFC) warn that between June and August, approximately 30.06 million Nigerians will face high levels of acute food insecurity. Of this number, 1.2 million people are expected to experience emergency-level hunger (CH Phase 4)—a stark indication of worsening […]
More News
AfDB Approves $474.6 Million Loan to Support South Africa’s Infrastructure Governance and Green Growth
The landmark financing backs infrastructure overhaul, renewable energy expansion, and climate resilience while safeguarding vulnerable communities July 1, 2025/AfDB The Board of Directors of the African Development Bank Group has approved a $474.6 million loan for South Africa’s Infrastructure Governance and Green Growth Programme (IGGGP). This financing marks a significant milestone […]
Afreximbank Completes Upsizing of Reserve-Based Lending Facility for Oando to $375 Million
The upsizing will support Oando’s ambition to achieve production of 100,000 barrels of oil per day and 1.5 billion cubic feet of gas per day by the end of 2029 July 1, 2025/Afreximbank African Export-Import Bank (Afreximbank) has successfully completed upsizing its reserve-based lending facility in favour of Oando Oil […]
