AfDB, EU renew partnership to support business development in Africa

AfDB, EU renew partnership to support business development in Africa

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AFRICA – The African Development Bank and the European Union have reaffirmed their partnership towards supporting business development in the African continent. Leaders from the two institutions shook hands on a renewed commitment to unlock hundreds of millions in financing for African…

Cameroon secures US$18m from AfDB to Strengthen Public Financial Management

Cameroon secures US$18m from AfDB to Strengthen Public Financial Management

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CAMEROON – The Government of Cameroon has secured a US$18.1 million loan from the African Development Bank for the implementation of the Public Finance Management Strengthening Support Project (PARGEFIP). According to AfDB, implementation of the PARGEFIP project should help improve performance, integrity…

Nigeria opens economy to foreign investment, says no limits to foreign participation

Nigeria opens economy to foreign investment, says no limits to foreign participation

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NIGERIA – Nigeria’s Vice-President Yemi Osinbajo has said foreign investors had nothing to worry about as there were no laws limiting foreign participation and investment in any sector of the economy. While speaking during the 2019 FMDQ Capital Market Conference in Lagos,…