The Board of Directors of the African Development Bank Group (AfDB) has approved the proposal to take an initial stake of up to $10 million in the “Alliance for Green Infrastructure in Africa – Project Development” (AGIA-PD)” Fund as part of its investment supports for successful green transition of African countries. A news report from […]
Tag: African Union Commission (AUC)
Africa Has Technology, Innovation To Tackle Food Insecurity – Adesina
The African Development Bank (AfDB) President, Dr. Akinwumi Adesina, has said that Africa is endowed with necessary partnerships and technologies to eradicate hunger and that what is needed is action and adequate funding of the agriculture sector across the continent. Adesina made this remark during the opening session of the 8th Africa Agribusiness and Science Week […]
Africa’s Diaspora Remittance To Drop By $3Bn In 2021 – Report
The latest Continental Migration Report 2021 published by the Economic Commission for Africa (ECA) in partnership with the African Union Commission (AUC) has projected that remittances to African countries will decrease by 5.4 percent from $44 billion in 2020 to a projected total of $41 billion this year. The report titled ‘African regional review of […]
Auditor General Canvasses Accountability In African Union’s Finance System
The Auditor-General for the Federation and Chairperson of the African Union Board of External Auditors, Mr. Adolphus Aghughu, on Thursday advocated the need for African Union Commission (AUC) authorities to promote probity and accountability in the African Union’s public finance system to aid the achievement of its mandate. Aghughu, gave the charge during the virtual […]