Tue Apr 12, 2016/Reuters By Felix Onuah China has offered Nigeria a loan worth $6 billion to fund infrastructure projects, the Nigerian foreign minister said on Tuesday. The announcement came as both countries signed a currency swap deal to boost trade. Nigeria has been in talks with China on an […]
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‘There’s no cooking like home cooking’: Harnessing the power of local capital to finance Africa
March 22, 2016/AfDB “It seems we are all agreed that the solutions lie within Africa,” said Charles Boamah, Acting First Vice-President and COO of the African Development Bank, and moderator of a panel debating the power and potential of African local capital markets on Day 2 of the Africa CEO […]
Nigeria Approaches African Development Bank for $1 Billion Budget Support Loan
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria has approached the African Development Bank (AFDB) for Budget Support Loan of $1 billion, the Africa lender said on Tuesday. “During the High-Level Mission conducted by the Bank to Nigeria last week to strengthen the policy dialogue on how best the Bank can provide […]

