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Announcements
African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Nigeria: African Development Bank approves $124.2 million loan for water sector reforms in Akure to improve access to safe drinking water and sanitation

The project is set to address bottlenecks in critical water supply services to households in the densely populated project area

The Board of Directors of the African Development Bank (www.AfDB.org) on Thursday approved a $ 124.2 million loan to finance the Urban Water Sector Reform and Akure Water Supply and Sanitation Project in Nigeria. The amount includes an African Growing Together Fund (AGTF) loan of $20 million. The overall project…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

African Development Bank’s digital skills training benefits women

The goal is to expand the program to 130 centres of excellence across Africa over a 10-year period

After graduating from the University of Ibadan in Nigeria with a degree in Communication and Language Arts in 2016, Olashile Odetola could not find a job. But an online learning program piloted by the African Development Bank has given her two “gifts”: digital skills and a sense of confidence. Odetola,…

Onomo Hotel
Source: Onomo Hotel |

ONOMO Hotels acquires BON Hotels, creating a powerful pan-African hospitality player

ONOMO Hotels has acquired a 60, 1% controlling stake in BON Hotels

With the announcement, today of the acquisition of BON Hotels by ONOMO Hotels (www.OnomoHotel.com), the hospitality industry on the African continent is set for a major shake-up. ONOMO Hotels has acquired a 60, 1% controlling stake in BON Hotels. “ONOMO is consolidating the African hospitality market and will continue to…

United Nations Information Centre (UNIC) in Lagos

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    • Make Cities Safe, Resilient, Inclusive and Sustainable – LASSMUN Urges UN Member States
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Source: United Nations Information Centre (UNIC) in Lagos |

Make Cities Safe, Resilient, Inclusive and Sustainable – LASSMUN Urges UN Member States

Also urges government and Habitat Agenda Partners to make provisions to increase resources for affordable housing and housing-related infrastructure

The Lagos Secondary Schools Model United Nations (LASSMUN) conference has called upon governments and Habitat Agenda Partners to develop strategic responses to the problems of sustainable urban development and requested international agencies to facilitate the access of cities to climate change mitigation and adaptation financing. This was one of the…

African Energy Chamber
Source: African Energy Chamber |

Ghana and Nigeria top list of markets to watch for key project developments

Ghana’s determination to become sub-Saharan Africa’s first LNG importer in 2020 is set to become a reality as the Tema LNG terminal project nears completion

In its African Energy Outlook 2020 report launched last month, the African Energy Chamber (“The Chamber”) (https://EnergyChamber.org/) highlighted the importance of increased infrastructure capacity in Africa’s long-term industrial development. Spotlighting the $12 billion Dangote Refinery in Nigeria and Ghana's Tema LNG Terminal, the Chamber noted essential role such projects play…

International Organization for Migration (IOM)

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    • The Google-IOM training drew 93 participants, including returning migrants in Benin City and Ikeja. Photo: IOM/Barinedum Agara (1)
    • The Google-IOM training drew 93 participants, including returning migrants in Benin City and Ikeja. Photo: IOM/Barinedum Agara (2)
    • The Google-IOM training drew 93 participants, including returning migrants in Benin City and Ikeja. Photo: IOM/Barinedum Agara (3)
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Source: International Organization for Migration (IOM) |

International Organization for Migration (IOM) Nigeria Partners with Google to Train Returnees in Digital Skills

The training drew 93 participants, including returning migrants, interested in setting up small-scale businesses as well as mentorship and job placement opportunities

Ever wonder how IOM finds collaborators? Well, in this instance, it ‘Googles’ them. Literally.  Since 5 December, the International Organization for Migration (IOM) has been partnering with Google Nigeria to conduct IOM’s first Digital Skills Training for returnees and potential migrants in Benin City, Edo State and Ikeja, Lagos State.   The training drew 93…

U.S. Department of Justice
Source: U.S. Department of Justice |

Nigerian Citizen extradited in connection with Prosecution of Africa-Based Cybercrime and Business Email Compromise Conspiracy

A Nigerian citizen residing in Accra, Ghana, has been extradited to stand trial for an indictment charging him with wire fraud, money laundering, computer fraud and aggravated identity theft

Assistant Attorney General Brian A Benczkowski of the Justice Department’s Criminal Division, U.S. Attorney D. Michael Dunavant of the Western District of Tennessee, and Special Agent in Charge M.A. Myers of the FBI’s Memphis Field Office made the announcement. On Aug. 23, 2017, a federal grand jury in the U.S.…

Nigeria Rugby Football Federation (NRFF)
Source: Nigeria Rugby Football Federation (NRFF) |

“Sandie Beach Rugby 2019 Promises To Be Fun”- Mr. Ayo Johnson, CEO Turbocrest Sport

There will be side attractions such musical appearance with the likes of Ditweni, Lush Beats, Mani Lapussh, Mced by six

The Organizers of the Sandie Beach Rugby is therefore inviting lovers of rugby for this year bi-annual event which kicks off on the 7th and 8th in December at the Takway Bay Beach, Lagos. The Beach version of the game of Rugby, seems to be catching the attention of the…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

African Development Bank President wins All Africa Business Leaders Awards ™ 2019 African of the Year award

To follow in the footsteps of my big brother President Paul Kagame of Rwanda, who won the award in 2018, is an honour beyond description – Akinwmi Adesina

African Development Bank (https://www.AfDB.org/en) President Dr Akinwumi Adesina received the African of the Year Award from the All Africa Business Leaders Awards (AABLA™), Thursday, in recognition of his bold leadership and the innovation of the Africa Investment Forum which “opened up billions of dollars of investment into the continent.” The…

Food and Agriculture Organization (FAO)
Source: Food and Agriculture Organization (FAO) |

World food prices jump in November

Meat and vegetable oils lead Food and Agriculture Organization (FAO) Food Price Index upwards, while cereal prices dip amid record output even as weather weighs in Africa

World food prices rose significantly in November, reaching their highest point in more than two years, driven by jumps in the international prices of meat products and vegetable oils. The FAO Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 177.2 points over…