International

AfDB Gathers Partners in Tunis to Advance Sustainable Energy for All in Africa

The African Development Bank as host of the Sustainable Energy for All (SE4ALL) Africa Hub organized a two-day workshop in Tunis with representatives of partner institutions. The workshop was organized in collaboration with the Global Facilitation Team headed by

Will Bernanke Finally Announce a Scale Back of US Asset Purchases?

The market is on edge this week as it awaits the crucial news from the US on Wednesday as to whether the Federal Reserve will begin to scale back its $85 billion asset purchases programme. This week’s FOMC meeting will

TIME Names Pope Francis Person of the Year

Time magazine named Pope Francis its Person of the Year on Wednesday, crediting him with shifting the message of the Catholic Church while capturing the imagination of millions of people who had become disillusioned with the Vatican. This is the

Positive Data Floods US & UK as Economic Recovery Continues Steadily

Driven upward by the eurozone’s strongest economy, Germany, the Manufacturing PMI for the region grew to 51.6 in November, up from October’s 51.3 and rising steadily for a fifth consecutive month just as analysts predicted. The eurozone Services PMI on

ACEI to Invest US$130 Million Power Project in Nigeria

United States-based American Capital Energy and Infrastructure (ACEI) has announced an investment of $130 million in Azura Power Holdings, the company developing the Azura-Edo power project in Edo State, Nigeria. The Azura-Edo project is a 450 Megawatts open-cycle gas turbine

Half of a Yellow Sun Actor, Chiwetel Ejiofor Chats with Oprah

Nigerian-UK actor, Chiwetel Ejiofor gets interviewed by queen of television talk show, Oprah Whiney. Oprah revealed this as she shared a picture of herself with the actor via her account on picture/video sharing social media network, Instagram, saying, Chiwetel Ejiofor

Tribute to Nelson Mandela

Today we are sad to announce the death of a notable icon, President Rolihlahla Nelson Mandela. He passed away at the enviable age of 95. He was a most influential entity, an altruistic leader, a beacon of freedom, a man

The Long Road Home – Nelson Mandela (1918 – 2013)

South Africa’s first black president, African icon, and anti-apartheid revolutionary, Nelson Mandela, is dead. He breathed his last on 5th December 2013 after a long and complicated battle with a lung disease. He was 95 years and 140 days old.

Market Anticipates Volatility in the Wake of US Unemployment Data

Volatility is expected in the forex market ahead of a week full of important economic data releases from the world’s major economies. The trading week has started well with positive manufacturing PMI data in China showing improved economic activity, meanwhile

Omotola, Don Jazzy, 21 Other Nigerians Make List of 100 Most Influential Africans

The New African Magazine released its list of 100 influential Africans recently. Twenty-three Nigerians, representing about a quarter, made the list, including eleven-year old Zuriel Oduwole. These twenty-three Nigerians represent the arts & culture, civil society, entertainment, sports, and media

10 Facts About Zuriel Oduwole, Most Influential Young Nigerian in Africa

Eleven-year old Zuriel Oduwole was listed as one of the 100 Most Influential Africans in New African Magazine recently. In case you’re wondering what makes a girl her age an influential figure on the continent, below are some facts that

AfDB, African Virtual University Discuss Benefits of e-Learning

The importance of tertiary education was emphasised during the first international conference for African Virtual University in Nairobi, Kenya. Stefan Muller, Lead Economist of the African Development Bank (AfDB) explained that the organisation considers higher education in Africa critical to

Eurozone Inflation Becomes the Focus as Market Looks for Signs of Global Recovery

The euro endured a tough start to last week with the EUR/USD dipping to fresh lows below the 1.3500 handle in the wake of the mixed data from Germany’s ZEW survey and disappointing Eurozone manufacturing and services PMIs. The market

FOREX TIME Participates in Shanghai International Money Fair

The European Union regulated and global forex broker, ForexTime Ltd (FXTM), has displayed its strong growth and development plans as it recently announced it will participate in the 11th Shanghai International Money Fair, the renowned personal and corporate financial

Nigerian Elected as 1st African President of the International Civil Aviation Organisation

By Michael Abimboye Nigeria’s Dr. Olumide Bernard Aliu, has been elected as president of the International Civil Aviation Organisation (ICAO) Council. Dr. Olumide Bernard Aliu became the first African to head the world body for aviation safety at an election

AfDB to Co-host ‘Africa Day’ in Washington

The African Development Bank (AfDB) has announced it will collaborate with the World Bank to host the first ever ‘Africa Day’ during the Law, Justice and Development (LJD) Week 2013, on 20th November at the World Bank Group Headquarters in

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