FG inaugurates 6,000 TEU capacity private jetty, container terminal at Apapa

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By Grace Alegba The Federal Government has inaugurated a  6,000 TEU capacity private jetty and container terminal at Apapa in Lagos.   Mr Mohammed Bello-Koko, the Managing Director of the Nigerian Ports Authority (NPA), who commended the project during the inaugural ceremony on Monday, said it would boost the easeContinue Reading

Afreximbank achieves outstanding financial results in 2023

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  By Okeoghene Akubuike Amid challenging operating environment, the African Export-Import Bank (Afreximbank) says it delivered exceptional financial results in 2023 well ahead of expectations. This is contained in a statement signed by Vincent Musumba, Manager, Communications and Events, Afreximbank, on Friday. Msumba said that largely propelled by the bank’sContinue Reading

Debt for growth not bad, says AfDB

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By Lucy Ogalue The African Development Bank’s Chief Economist, Kevin Urama, says debt for growth for countries on the continent should not carry any negative connotation. Urama, who is also the Vice-President, Governance and Knowledge Management at AfDB, said this at a pre-media conference held virtually to herald the 2024Continue Reading

SAHIF raises capital to accelerate expansion of high-speed internet access

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By Rukayat Moisemhe The South African Housing and Infrastructure Fund (SAHIF), a private investor in South Africa’s optical fibre industry, says it is rasing capital to accelerate expansion of high-speed internet access throughout the country. The SAHIF Chief Executive Officer (CEO), Mr Rali Mampeule, made the disclosure in a telephoneContinue Reading