Author name: Godswill Odiong

AfDB

Egypt: The African Development Bank approves a loan of over $27 million to establish Kom Ombo solar power plant

The project is expected to lower electricity costs for businesses and residences, as well as reducing greenhouse gas emissions and creating construction and other jobs The African Development Bank’s Board of Directors has approved $27.2 million in loan financing for the design, construction and operation of a 200 MW photovoltaic solar power plant at Kom […]

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BREAKING: Gov. Emmanuel signs contract for $1.4b Fertilizer plant

The Governor of Akwa Ibom State, Mr. Udom Emmanuel has signed an agreement for the citing of a fertilizer plant in Akwa Ibom state. The agreement which is between the OCP Africa, the Nigerian Sovereign Investment Authority and the Akwa Ibom State Government will birth one of the biggest investments in the fertilizer production industry

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Team Europe partners with Equity Bank to support Kenyan business and agriculture amid COVID-19

The financing package will support access to finance at appropriate conditions for Kenyan small and medium-sized enterprises (SMEs), including in the agriculture sector The European Union and the European Investment Bank, working together as Team Europe, are providing EUR 120 million (KES 15.8 billion) of new support for Equity Bank to enhance financing to Kenyan

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Nigeria: Children traumatised by abduction need urgent rehabilitation, say UN experts

The experts also criticised the lack of an effective investigation into the abduction of 344 students from a boys’ boarding school in Kankara, Katsina State UN experts has urged Nigeria to prioritise specialised rehabilitation measures for the hundreds of abducted children left deeply traumatised after their release and to strengthen protection measures for those at

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BREAKING: Nigeria’s Bonny Light price hits $70.15 per barrel

Oil market: Price drops as stakeholders await OPEC, Non-OPEC decision on output

By Eyo Nsima THE price of oil has dropped from $68.50 to $64.19 per barrel in the international market as stakeholders await the outcome of the Organisation of Petroleum Exporting Countries, OPEC, and Non-OPEC meeting, where the decision of increase output is to be taken. For instance, the price of Brent, which had soared towards

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COVID-19: Confirmed cases rise to 165,370 in Nigeria

COVID-19: Total number of confirmed cases increase to 2,884 in Eritrea

The total number of confirmed cases in the country to-date has increased to 2,884 Eighteen patients have been diagnosed positive for COVID-19 in tests carried out today at Quarantine Centers in the Central and Southern Regions. Out of these, fourteen patients are from Quarantine Centers in Asmara, Central Region. The other four patients are from

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