Friday , November 22 2019

Recent Posts

NNPC Secures $1.16m US Grant for 1,350MW Abuja Power Plant

         The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have concluded arrangement to sign a $1.16 million grant as part funding for the NNPC-Abuja Independent Power Project (IPP) modelled to generate 1,350 megawatts of electricity to alleviate the power challenge …

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African Development Bank Group becomes a shareholder in Africa Finance Corporation

Shareholding follows investment of $50 million in AFC’s equity by Bank Group; African Development Bank becomes second investment-grade Supranational Finance Institution to join and invest in AFC. Africa Finance Corporation (AFC), a leading infrastructure solutions provider in Africa, today announces that the African Development Bank Group, Africa’s highest investment-grade rated …

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