The Board of Directors of the African Development Bank has approved a $1 billion exposure exchange with the Asian Development Bank that aims to strengthen their capital adequacy levels and boost their lending capacity. The transaction, sealed last week, will support AfDB efforts to unlock additional sovereign lending headroom. It will also bolster continued efforts […]
On September 9, the U.S. Government donated four Textron C-208EX aircraft to the Tunisian Air Force during a ceremony at Al Aouina Air Base in Tunis. The event was attended by high-ranking officials from both countries, including Tunisian Minister of Defense Khaled Sehili, U.S. Ambassador Joey Hood, Chief of Staff of the Tunisian Air Force […]
The Federal Executive Council (FEC) under the Nigerian Presidency has authorized the Nigerian National Petroleum Corporation (NNPC) to enter into an agreement with ECOWAS for the construction of the Nigeria-Morocco gas pipeline. Minister of State for Petroleum Resources, Timipre Sylva, informed State House officials of the decision after the FEC meeting, chaired by Vice President […]
