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Tag: DIGITAL TECHNOLOGIES

Companies

AFDB Launches New Strategy for Enhancing Agriculture and Infrastructure in Nigeria

March 31, 2025March 31, 2025 - by Sofia Nawab - Leave a Comment

The African Development Bank has launched a new Country Strategy Paper to enhance agriculture and infrastructure in Nigeria. Key initiatives include the NAGS for food security and the development of …

AFDB Launches New Strategy for Enhancing Agriculture and Infrastructure in Nigeria Read More
Companies

Ethiopia Secures Debt Relief Deal with Official Creditor Committee

March 22, 2025March 22, 2025 - by Carmen Mendez - Leave a Comment

Ethiopia has reached an Agreement in Principle with the Official Creditor Committee on a debt treatment plan under the G20 Framework, addressing USD 8.4 billion in debt. This includes a …

Ethiopia Secures Debt Relief Deal with Official Creditor Committee Read More
Companies

Ethiopia Secures $2.5 Billion Debt Service Relief from Creditors

March 21, 2025March 21, 2025 - by Sofia Nawab - Leave a Comment

Ethiopia has finalized a preliminary agreement with its official creditors that includes $2.5 billion in debt service relief from 2023 to 2028, according to the finance ministry. Ethiopia has reached …

Ethiopia Secures $2.5 Billion Debt Service Relief from Creditors Read More
Business / economics

Second-Hand Clothing Industry: A Vital Economic Sector in Mozambique

March 21, 2025March 21, 2025 - by Sofia Nawab - Leave a Comment

The second-hand clothing sector in Mozambique provides over 200,000 jobs and supports one million people, emphasizing its role as a vital economic component. An average monthly income of $650 for …

Second-Hand Clothing Industry: A Vital Economic Sector in Mozambique Read More
Technology

Comoros Secures $10.5 Million From AfDB for New Data Centre Development

March 20, 2025March 20, 2025 - by Allegra Nguyen - Leave a Comment

Comoros has been approved for a €9.51 million ($10.5 million) loan by the African Development Bank to establish a new data centre and enhance digital administration as part of a …

Comoros Secures $10.5 Million From AfDB for New Data Centre Development Read More
Companies

Borno State Governor Zulum Allocates N1 Billion to Support MSMEs

March 20, 2025March 20, 2025 - by Allegra Nguyen - Leave a Comment

Governor Babagana Zulum of Borno State has approved N1 billion in grants to support 9,403 MSMEs in Biu and Hawul. This initiative aims to strengthen local businesses, create jobs, and …

Borno State Governor Zulum Allocates N1 Billion to Support MSMEs Read More
Business / economics

Pakistan’s Happiness Ranking Declines to 109th in World Happiness Report 2025

March 20, 2025March 20, 2025 - by Sofia Nawab - Leave a Comment

Pakistan’s happiness ranking has dropped to 109th in the World Happiness Report 2025, yet it is still above India and Afghanistan. Despite its dip, it outperforms several South Asian countries, …

Pakistan’s Happiness Ranking Declines to 109th in World Happiness Report 2025 Read More
Companies

Mozambique and Zambia Enhance Energy Cooperation through Interconnection Agreement

March 20, 2025March 20, 2025 - by Liam Nguyen - Leave a Comment

Mozambique and Zambia have signed an agreement to interconnect their energy systems, promoting electricity supply in the Southern Africa Development Community. This $411.5 million project will be implemented by EDM …

Mozambique and Zambia Enhance Energy Cooperation through Interconnection Agreement Read More
Business / economics

Namibia’s Economy Grows to N$245 Billion in 2024 but Faces Challenges

March 20, 2025March 20, 2025 - by Marcus Chen - Leave a Comment

Namibia’s economy expanded to N$245.1 billion in 2024 from N$228.9 billion in 2023, marking a growth of N$16.2 billion. The Namibia Statistics Agency reported a 3.7% increase in real value …

Namibia’s Economy Grows to N$245 Billion in 2024 but Faces Challenges Read More
Companies

Mozambique and Zimbabwe Forge New Rail Partnership to Enhance Freight Services

March 20, 2025March 20, 2025 - by Liam Nguyen - Leave a Comment

Mozambique Railways and the National Railways of Zimbabwe signed agreements allowing CFM to operate in Zimbabwe, enhancing freight services. The partnership targets key rail corridors and involves CFM providing locomotives …

Mozambique and Zimbabwe Forge New Rail Partnership to Enhance Freight Services Read More

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