AfDB rolls out ADRiFi to boost climate risk financing and insurance in regional Member Countries
The African Development Bank has approved the Africa Disaster Risks Financing (ADRiFi) Programme, the institution’s first climate risk management programme to boost resilience and response…
Berlin Conference on Boko Haram raises $2.52bn
The international donor conference on Boko Haram holding in Berlin on Monday pledged 2.52 billion dollars to help countries in the Lake Chad Basin to fight Boko Haram. Germany’s Foreign…
IMF warns of rising African debt in spite of faster economic growth
May 8, 2018 The IMF on Tuesday warned that Sub-Saharan African nations are at growing risk of debt distress because of heavy borrowing and gaping deficits, in spite of an…
IMF resumes lending to Chad following Glencore debt deal
April 14, 2018 The International Monetary Fund said on Saturday it is disbursing loan to Chad after the country reached an agreement in principle to restructure its more than one…
President Muhammadu Buhari says Lake Chad shrinking caused insurgency, socio-economic unrest
February 28, 2018 President Muhammadu Buhari says the shrinkage of Lake Chad was one of the main factors responsible for insurgency and socio-economic unrest in the Lake Chad Basin Commission…