The recent reforms in the Nigerian banking sector have received a vote of confidence with the signing of a 240mn euro loan deal between the European Investment Bank (EIB) and three Nigerian banks.
Finance
Highlighting the importance of capacity development in Africa
A conference, organised in March 2010 in Tunis by the African Development Bank (AfDB) and the African Capacity Building Foundation (ACBF) on capacity building in Africa, underscored the importance of capacity development on the continent, especially in post-conflict countries.
p>A conference, organised in March 2010 in Tunis by the African Development Bank (AfDB) and the African Capacity Building Foundation (ACBF) on capacity building in Africa, underscored the importance of capacity development on the continent, especially in post-conflict countries.Expanding on microfinance
Artisans are receiving microfinance loans from the international online retailer NOVICA, fully funded by customers through the a new peer-to-peer microfinance lending site.
African growth to reach seven per cent in 2011
Africas real gross domestic product growth could reach about seven per cent in 2011 from a forecast of about 5.5 per cent growth for 2010, the president of the African Development Bank (AfDB) said recently.
p>Africas real gross domestic product growth could reach about seven per cent in 2011 from a forecast of about 5.5 per cent growth for 2010, the president of the African Development Bank (AfDB) said recently.Nigeria in 2010 - a watershed year
The past year has been a dramatic one for Nigerians; politically, financially, commercially and economically, the nation has faced a few home truths and has made significant steps forward.