AfDB backs Africa’s Climate, Desertification Project with $6.5 Billion

Over the next five years, African Development Bank (AfDB) will be supporting Africa’s pilot anti-desertification and climate change project, the Great Green Wall Initiative, with $6.5 billion. AfDB President, Akinwunmi Adesina, said so at the One Planet Summit, a series of extraordinary world climate summits first announced by French President, Emmanuel Macron, in 2017. Adesina […]

In el-Rufai’s Kaduna, Livelihoods of Smallholder Women Farmers are Up-scaling

In Governor Nasir el-Rufai’s Kaduna State, an agric programme that has been running since December 2017 is pressing to further uplift smallholder farmers’ livelihoods through market driven up-scaling of the maize, rice and soybean value chains. The Kaduna Consortium has been working with the Alliance for a Green Revolution in Africa (AGRA) to support smallholder […]

Atiku Sends Strong Message to Buhari Over Recession

Nigeria’s former Vice President, Atiku Abubakar has expressed worry over the report by the Nigeria Bureau of Statistics that the nation’s economy has plunged into another economy, noting that “this could have been avoided had this administration taken heed to the patriotic counsel given by myself and other well-meaning Nigerians on cutting the cost of […]

Group Exposes Shortcomings of Global Financial Safety Net

In a new policy brief, Director of the Global Development Policy Center, Dr. Kevin P. Gallagher, and Assistant Director, William N. Kring, together with Haihong Gao, Ulrich Volz, and José Antonio Ocampo discuss the shortcomings of the current global financial safety net. Gallagher is a professor of global development policy at Boston University’s Frederick S. Pardee […]

Global Development Experts Outline Top Policy Priorities Ahead of G20’s Riyadh Summit

Experts at the Global Development Policy Center have outlined top policy priorities of the moment for the G20 ahead of its summit in Riyadh, Saudi Arabia this week from November 21 through 22. The Center is concerned with advancing policy-oriented research for financial stability, human well-being, and environmental sustainability. To fulfill its mission, it conducts […]

“I have a lot to give to my society” – 26-year-old Nigerian entrepreneur, Victoria Akomor

In this interview with TNC, Victoria Akomor, a 26-year-old Nigerian lady who is running three startups, shared insight on the businesses, why she chose these lines of businesses, and also offered tips to aspiring young entrepreneurs. TNC: First, let me congratulate you on your “ProDevs Outsourcing Limited,” “Yogi Creatives” and “Starters Africa”. We all know […]

ISO Sets New Standard to Boost Manufacturer, Consumer Confidence

A new International Standard Organisation (ISO) standard is set to help boost manufacturer and consumer confidence, reducing supply chain costs by addressing issues like risk, loss of time and conditions of production. Whether sourcing materials, components or buying a finished product, the increasingly entangled nature of global supply chains can leave manufacturers and consumers asking some difficult […]

With IFC’s Support, Malian Firm Sets Eyes on Cote d’Ivoire, Guinea, Senegal for Agric Lime Export

Buoyed with International Finance Corporation’s (IFC) support, Carrières et Chaux du Mali (CCM) is currently strengthening its regional influence by exporting agricultural lime to neighboring farmers in Côte d’Ivoire, Guinea, and Senegal. CEO of CCM, Madani Diallo, says, “IFC’s support will help us reduce our production costs by up to 20 percent and give us […]

3,000 Participants Set for Buhari’s Diaspora Investment Summit

Over 3,000 participants are expected at the third Diaspora Investment Summit being planned by the Buhari administration. Vice President Yemi Osinbajo will declare the Summit open as Abuja has completed plans to host the event. Chairman of Nigerians in Diaspora Commission (NIDCOM), Abike Dabiri-Erewa, made these facts public ahead of the Summit in Abuja. According […]

Nestle Takes Over Largest Consumer Goods Company on NSE

On Monday, Nestlé Nigeria’s shares opened the trading session on the Nigerian Stock Exchange (NSE) at ₦1450.00 per share. This price is however, 89.67% higher than its 52-week low of ₦764.90. Nestlé Nigeria Plc is the largest consumer goods company on the Nigerian Stock Exchange. It notified the Exchange that Nestle S.A., its parent company, […]