African countries spend \$90bn yearly on infrastructure Local contractors sidelined due to financing gaps Afreximbank launches support plan for African firms Africa spends nearly \$90 billion every year on infrastructure, but most of the contracts still go to foreign companies. Eko Hot Blog reports that this concern was brought to the fore during the Intra-African … Read more
Senate approves Tinubu’s $500 million World Bank loan request for electricity meter production Federal Government set to receive $2.25 billion World Bank loan. World Bank funding to be allocated to two major development projects in Nigeria EKO HOT BLOG reports that the Nigerian Senate has granted approval for President Bola Tinubu’s $500 million World Bank loan … Read more
Federal Government seeks World Bank loan approval for $2.25bn Funding Funds earmarked for two major development projects. Loans aimed at enhancing economic stability, resource mobilization, and fiscal reforms in Nigeria. EKO HOT BLOG reports that the Federal Government is gearing up to secure new loan funding from the World Bank, with approval anticipated for loans … Read more