AfDB Approves $9.4 Million Grant to Boost Rwanda’s Climate Resilience

The African Development Fund (ADF), the concessional arm of the African Development Bank Group, has approved a grant of $9.4 million to the Republic of Rwanda for the Nature-Based Flood Adaptation Project, aimed at strengthening climate resilience in the western districts of Karongi and Rusizi. The project focuses on using nature-based solutions to reduce flooding […]

Luxembourg, AfDB Deepen Partnership Ahead of ADF-17 to Boost Africa’s Development

The African Development Bank Group (AfDB) President, Dr. Sidi Ould Tah, and Luxembourg’s Finance Minister, Gilles Roth, have reaffirmed their commitment to strengthening cooperation as preparations intensify for the seventeenth replenishment of the African Development Fund (ADF-17) — the AfDB’s concessional financing arm. The meeting, held on the sidelines of the 2025 World Bank and […]

China Warns Against Foreign Interference, Backs Nigeria Amid US Military Threat

The Chinese government has called on the international community to respect Nigeria’s sovereignty, following reports of a U.S. threat of possible military action against the West African nation. Speaking at a press briefing on Tuesday in Beijing, Mao Ning, Spokesperson for China’s Ministry of Foreign Affairs, reaffirmed China’s strong support for President Bola Tinubu’s administration, […]

Algeria and AfDB Strengthen Partnership for Sustainable Development

Algiers, Algeria — The African Development Bank Group (AfDB) and the Algerian government have reaffirmed their strong partnership aimed at accelerating sustainable development and economic diversification in the North African nation. The renewed commitment was underscored on 3 November, when the AfDB’s Country Manager for Algeria, Abdoulkader Dileita, presented his credentials to Ahmed Attaf, Algeria’s […]

NNPC Calls for Global Partnerships to End Energy Poverty in Africa

Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, fielding questions from the Pulitzer Prize-winning energy author, Daniel Yergin, during the “Energy Talk Session” at the ongoing Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2025) taking place in Abu Dhabi, UAE, on Tuesday.

The Nigerian National Petroleum Company (NNPC) Limited has urged for stronger global partnerships and bold investments to eliminate energy poverty across Africa. Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, made the call during the “Energy Talk” session at the ongoing Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2025) in the […]

Democrats Secure Key Wins in U.S. Local Elections

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Washington, United States — The Democratic Party recorded significant victories across the United States on Tuesday in a series of closely watched local elections, widely regarded as the first major electoral assessment of President Donald Trump’s second term. In New York City, state assemblyman Zohran Mamdani was projected to win the mayoral race, according to […]

UK Scaleups Stay Bold Amid Fears of Market Crash

Despite warnings of a potential market crash within the next two years, UK scaleups are showing no signs of slowing down. Instead, founders are doubling down on innovation and growth, leveraging AI, fintech, and green technology to strengthen their businesses against uncertainty. According to Sam North, CEO of SCALE London, the nation’s fast-growing firms are […]

African Leaders Unite in Luanda to Unlock Trillion-Dollar Infrastructure Investments for the Continent

African leaders, global investors, and development partners have converged in Luanda, Angola, for a high-level finance summit that could redefine the continent’s infrastructure future. The III Summit on Financing for Infrastructure Development in Africa, held from October 28–31, 2025, under the High Patronage of President João Manuel Gonçalves Lourenço of Angola, aims to unlock trillion-dollar […]