COVID-19: Focus on vaccine production, access – Akinwumi urges African leaders
June 23, 2021 Dr. Akinwumi Adesina, President of the African Development Bank (AfDB) has again urged regional leaders to focus on vaccine production and access for the African continent as…
UN chief urges debt relief extension for middle-income countries
June 18, 2021 UN Secretary-General, António Guterres, says innovative measures to address debt are required to help the world’s more than 100 middle-income countries expand their economies and exit the…
Nigeria beginning to recover from effects of COVID-19, inflation expected to remain elevated in 2021 – IMF
June 18, 2021 The International Monetary Fund (IMF) mission to Nigeria says the Nigerian economy has started to gradually recover from the negative effects of the COVID-19 pandemic. Ms. Jesmin…
COVID-19 debt restructuring push not advanced enough – IMF chief cautions
June 16, 2021 Efforts to restructure unsustainable debt burdens in some of world’s poorest countries has not made enough progress, the head of the International Monetary Fund Kristalina Georgieva said…
Saudi to invest $1bln to support Africa’s post-pandemic recovery
May 19, 2021 Saudi Arabia will support African countries with investments and loans worth about $1 billion this year to help their economies recover from the COVID-19 pandemic, crown prince…
Leaders meet in Paris to help finance Africa’s post-pandemic recovery
May 18, 2021 African leaders and the heads of multilateral lenders met in Paris on Tuesday to find ways of financing African economies hurt by the COVID-19 pandemic and discuss…
Agric/Infrastructure: Senate Approves $1.5bn, €995m External Loans For FG, States
April 21, 2021 The Senate has approved the sums of $1.5billion and €995million external loans for the Federal and State Governments. The Red Chambers gave the approval after considering the…
OSINBAJO URGES WORLD LEADERS: END UNFAIR BURDENS ON DEVELOPING COUNTRIES, CRITICISES VACCINE NATIONALISM
April 14, 2021 The Vice President, Yemi Osinbajo has called on world leaders to build a fairer world that takes into account the interest of the poor and the marginalized….
IMF urges sub-Saharan Africa to domestically increase tax revenues, others
April 8, 2021 The International Monetary Fund (IMF) has urged countries in Sub-Saharan Africa to do more domestically to increase tax revenues and improve the quality of spending. Ms Kristalina…
IMF extends debt relief for 28 low-income countries
The Executive Board of the International Monetary Fund (IMF) has approved the third tranche of grants for debt service relief for 28 member countries under the Catastrophe Containment and Relief…