The Nigerian Senate has approved a US$22.7bn external loan requested by President Muhammadu Buhari under the 2016-2108 medium-term external borrowing rolling plan
Finance
EIB study confirms strong growth and impact of African banking

The study expected that economic growth in Africa is projected to accelerate moderately in 2020. (Image source: Photo Mix/Pixabay)
Real GDP growth in Africa is resilient despite global uncertainty, according to the European Investment Bank (EIB)
Investing in Africa: The role of international finance centres
Elise Donovan, chief executive of BVI Finance, talks on the benefits of international financial centres to facilitate trade and business
Ghana looking to AfDB for investment in an integrated aluminium industry

The Bank should consider supporting Ghana to tackle climate change in line with the Group’s crosscutting interventions. (Image source: AfDB)
The African Development Bank’s (AfDB) support for Ghana has boosted its government’s efforts to consolidate the economy, according to the country’s vice-president Mahamudu Bawumia
Africa emerging as an attractive investment destination, says AVCA survey

The extensive data collected from a wide range of LPs and GPs shows that investors remain positive about Africa. (Image source: Lalmch/Pixabay)
Around 82 per cent of African Limited Partners (LPs) plan to increase or maintain their African PE allocation over the next three years, with the risk-return profile and performance viewed by most LPs as the two main factors driving their strategy, according to African Private Equity and Venture Capital Association’s (AVCA) Industry Survey for 2019