Top on value added business and economic news from around the world
President Muhammadu Buhari on Sunday challenged African youths to champion the fight against corruption, saying their involvement is critical to winning the anti-graft crusade in the continent.
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WorldStage Newsonline– The African Airlines Association (AFRAA) on Saturday called for reduced charges and taxes on fuel, airport development levies and airport user fees in conformity with air transport rules passed by the International Civil Aviation Organization (ICAO).
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Nigeria’s latest Consumer Confidence Index (CCI) for the third quarter of 2018 has shown a four point decline to 118, while Ghana’s CCI for the same quarter has risen five points to 113, all in all a fairly stable picture for West Africa.
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The African Development Bank has approved a US$ 35 million loan for the Shire Valley Transformation Program – Phase 1 (SVTP-1), aimed at reducing poverty through the development of agricultural value chain and climate adaptation mechanisms.
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IFC, a member of the World Bank Group, in cooperation with Egypt’s Ministry of Investment and International Cooperation (MIIC) have selected more than 100 high-potential start-ups to participate in a new initiative designed to spur innovation and job creation across the African continent.
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The African Development Bank and the Federal Government of Nigeria have launched the Inclusive Basic Service Delivery Livelihood Empowerment Integrated Programme ̶ a US$258 million comprehensive multisectoral intervention aimed at bolstering rehabilitation efforts in north-eastern Nigeria.
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WorldStage Newsonline– The Economic Community of West African Countries (ECOWAS) has presented a budget proposal of $602 million to the Parliament for 2019 fiscal year.
Read More WorldStage Newsonline– Deputy Speaker of the House of Representatives, Yusuf Sulaimon Lasun has said that corrupt security operatives manning the ECOWAS highway along the Seme boarder were to blame for delays encountered by trans ECOWAS commuters.
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Nigeria has lauded the international support to the country and neighbouring countries in addressing the challenges caused by the Boko Haram terrorists and the shrinking of the Lake Chad.
Read More Working with Big Win Philanthropy and Aliko Dangote Foundation, the African Development Bank has unveiled a new Multi-Sectoral Nutrition Action Plan that aims at raising investments towards reducing stunting by 40% in African children aged under 5 by 2025.
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