Nigeria

Africa’s twin drain: climate disasters and illicit fund transfers erode infrastructure and growth

Africa is losing billions each year to twin economic threats: climate-induced natural disasters and illicit financial flows, a new series of reports reveal. According to a new report by the Coalition for Disaster Resilient Infrastructure (CDRI), natural disasters inflict $12.7 billion in annual damage to infrastructure across the continent. Floods alone account for nearly 69% […]

Burkina Faso: AfDB allocates €48.82 million for a power plant

The African Development Bank (AfDB) has just allocated €48.82 million to Burkina Faso for the construction of a solar plant. The funding was allocated in the form of a loan to build a 52 MW power plant as part of the bank’s “Desert to Power 2020-2024” initiative. Upon completion, the plant will provide energy to […]

AQMI: New Terror Threats against France

Al-Qaida affiliate in North Africa has renewed its terrorist threats against France and all countries taking part in the French-led military campaign in Mali where the Islamist radical groups have tried to impose the Islamic sharia law in the northern region of the impoverished African country.  In a message posted on YouTube, Abu Obeida Yussef […]