Updates

Adesina received by the Egyptian President during Africa 2016 forum in Sharm el-Sheikh

February 22, 2016/AfDB On February 20, 2016, Egyptian President Abdel Fattah el-Sisi received African Development Bank (AfDB) President Akinwumi Adesina during the “Africa 2016” forum held in Sharm el-Sheikh, Egypt. The Minister for International Cooperation, Sahar Nasr, attended the meeting, as did a number of Senior Bank officials. President Sisi […]

AfDB and World Bank meet to discuss way forward for Africa Hydromet Program

February 22, 2016/AfDB Faced with drought, flooding, and climate-resilient infrastructure, adequate hydro-meteorological services are necessary to support resilient growth across a range of sectors in Sub-Saharan Africa. But given 80 percent of such services on the continent are under-funded, have weak capacity and deteriorated infrastructure, collaboration is seen as the […]

CBN Says School Fees, Medicals Remain Eligible for FOREX Allocation

February 19, 2016/CBN Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) wishes to clarify to the general public that it has NOT stopped the allocation and sale of Foreign Exchange for purposes of paying school fees and settlement of medical bills overseas.The Bank therefore urges members of the public to disregard […]