Economy

NEPZA gives go ahead for US$2.5bn Maritime Africa Economic City

big24The Nigeria Export Processing Zones Authority (NEPZA) has granted a license to Nigeria's largest Free Trade Zone and Mega Port project, Maritime Africa Economic City

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AfDB builds on "transformational" 2016

map of afdb membersThe African Development Bank (AfDB) says it is ready to execute pledges outlined in its New Development and Business Delivery Model (DBDM) approved last year

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Chinese invest US$4bn in African infrastructure projects

CADfund logoThe China-Africa Development (CAD) Fund invested a total of US$4bn in Africa as of the end of November 2016, Chinese authorities said last week

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Nigeria agrees multi-billion dollar infrastructure deals

Source Alpha Capital InternationalA raft of high profile investment and infrastructure projects to develop crude oil and gas pipelines, oil refineries, ports, highways and railways in Nigeria have been announced.

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African Development Bank to launch its first multi-jurisdictional Fixed Income ETF in Africa

Economy Barclays Remittance Money Transfer 013 10470844736The African Development Bank (AfDB) is to launch its first multi-jurisdictional Fixed Income Exchange Traded Fund (ETF) in Africa - the African Domestic Bond ETF (ADBF). The Bank has appointed MCB Investment Management (MCBIM), a subsidiary of MCB Capital Markets, as fund manager and approved US$25mn seed capital for the fund

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