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Economy

Ousmane Dore, director general of the AfDB’s Central Africa Hub, said that PACCE programme will help in achieving sustainable economic development for Cameroon. (Image source: AfDB)

The AfDB has approved a loan of US$213.41mn to Cameroon to finance the first phase of the government’s competitiveness and economic growth support programme (PACCE)

Nigeria, Economic Community of West African States and major world economies adopt Abuja statement. (Image source: FMITI)

Nigeria has adopted a declaration titled ‘The Abuja statement’ along with the Economic Community Of West African States (ECOWAS), World Trade Organisation (WTO), Friends of Investment Facilitation for Development (FIFD) and participants at the recent trade and investment facilitation partnership forum from 2-3 November 2017

Nigeria is focusing on continuing policy reforms for repositioning the country’s economy. (Image source: Bryn Pinzgauer/Flickr)

After Nigeria ranked significantly in the World Bank’s recent ease of doing business report, Yemi Osinbajo, vice-president of Nigeria, has commended Buhari administration for its reforms and stated that the government will continue its reform agenda to keep improving the nation’s economy

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