Tag: El Nino

AfDB Group announces US $549-million drought response package for Eastern and Southern Africa

April 1, 2016/AfDB The African Development Bank (AfDB) Group President, Akinwumi Adesina, announced Friday a relief package of US $549 million in support of 14 countries most affected by the ongoing drought in Eastern and Southern Africa. The AfDB acknowledged the severe impact of the El Niño weather pattern that is […]

DHL Says Africa’s Drop in GDP Growth will not Deter Investors

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- leading global brand in the logistics industry, Deutsche Post DHL said on Thursday despite  Africa’s  slight economic slowdown, investment in the continent will not be discouraged. “Over the past few years, Africa has been top of mind for foreign business investment, often referred to […]