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AfDB approves €12.5 million fund for SMEs in West Africa

The Board of the African Development Bank (AfDB) has approved a €12.5 million fund in Adiwale Fund 1, a first-generation private equity fund targeting high growth potential Small and Medium-sized Enterprises (SMEs)  in Francophone West African countries In a press statement made available on the website of the AfDB and signed by its  Divisional Manager of Non-Sovereign

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AfDB partners Sophia university on capacity building

The African Development Bank (AfDB) and Sophia University in Japan, have signed a Memorandum of Understanding, MoU to promote capacity development within the two institutions for their mutual benefit and the entire African continent. “It is our sincere wish that this day will be an opening of bright future possibilities for

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Aliko Dangote is 64th richest in the world

President of Dangote Group, Aliko Dangote moved significantly higher  on World billionaires’ list, as he emerged 64th richest person in the world, with an estimated worth of $16.6 billion, as against his previous ranking of 103rd in the world last year.  Dangote, who has remained Africa’s richest man for the 8th year running, was the

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ECOWAS Declares Elections Peaceful, Commends INEC and Security Agencies

The Economic Community of West African States(ECOWAS) has commended the Independent National Electoral Commission (INEC) and security agencies for their dedication and professionalism during the course of the election.  The mission in a statement signed by H.E. Ellen Johnson-Sirleaf, the Head of the ECOWAS observation mission, which it referred to as

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Nigerian Ambassador reacts to deportation of 723 Nigerians From Ghana Over Cybercrime, Prostitution

Michael Abikoye, the Nigerian High Commissioner to Ghana, has described the deportation of Nigerians by the Ghana Immigration Service as an "improper act". He stated this at a meeting with the Comptroller-General of the GIS, Kwame Takyi, in Ghana, according to NAN. The Nigerian ambassador said the deportation could strain the brotherly relationship both countries share. It

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Nigeria Immigration Orders Closure of Borders from Friday Noon

    Ahead of Saturday’s general election, the Nigeria Immigration Service (NIS) has ordered the closure of all borders by Friday, 12pm. In a statement issued by the service public relations officer, Sunday James, and signed by the Comptroller General of Immigration, Muhammad Babandede, the borders will be opened by Sunday, 12 noon. It

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African leaders support Dangote, Imoukhuede-led ABC Health

  Heads of  government across Africa have expressed support for a new health platform tagged African Business Coalition for Health, ABC Health; a joint initiative of  the Aliko Dangote Foundation; GBCHealth, and United Nations Economic Commission for Africa, UNECA, which was launched, yesterday, in Addis Ababa, Ethiopia. The ABC Health platform is

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162 Nigerians including four pregnant women deported from Libya

  One hundred and sixty two Nigerians stranded in the North African country- Libya were on Wednesday deported. They were returned home under an assistance programme facilitated by the International Organization of Migration (IOM) and National Emergency Management Agency (NEMA). The returnees comprising 100 females; including four pregnant women and 62 males arrived

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