By Abdulfatah Babatunde The African Development Bank and the International Committee of the Red Cross (ICRC), on Thursday in Geneva, Switzerland, signed a memorandum of understanding to jointly address humanitarian and development challenges in Africa. The MOU further elevates a partnership between the two institutions. The signing took place on the sidelines of the Global […]
By Abdulfatah Babatunde African Development Bank (AfDB) has granted $148 million in financial support to the Commercial International Bank (CIB) of Egypt to prop up small and medium-sized enterprises (SMEs) and trade. In a statement received by TheNewsZenith on Friday, AfDB said the financial package “comes amid a shortage of foreign currency in Egypt due […]
From Our Correspondent The Federal Government hopes to boost wheat production to 1.25 million tonnes of yield as it launched the National Wheat Cultivation Scheme, on Saturday. Abubakar Kyari, Agriculture and Food Security Minister gave the projection at the launching of the 2023 dry season wheat development project in Auyo LGA of Jigawa State. TheNewsZenith […]
From Our Correspondent Vice-President Kashim Shettima has implored governors to revamp Nigeria’s agricultural sector so as to reduce dependence on food imports and attain food self-sufficiency. Shettima made the call during the 137th meeting of the National Economic Council (NEC), on Thursday, in Abuja. The Vice-President is Chairman of the NEC, a statutory body with […]
African Development Bank (AfDB), has signed a €362,000 (N177,485,927.72) grant agreement with Hadejia Jama’are Komadugu Yobe Basin-Trust Fund. In a statement, the bank said the grant would prepare additional studies under the second-phase of developing a strategic plan for managing water resources in the Komadugu-Yobe Basin in northern Nigeria. “Specifically, the grant will support the […]