Nigeria launches tech fund for young investors in big boost to economy

Nigeria has announced the launch of a $672 million fund to support the tech and creative sectors for young investors in the country.

Nigeria has announced the launch of a $672 million fund to support the tech and creative sectors for young investors in the country.

Zimbabwe has proposed to settle a US$3.5 bn land compensation deal over 10 years as the most recent modification to an agreement made in 2020 with former white farmers who were evicted from properties more than 20 years ago.

African Development Bank (AfDB) President Akinwumi Adesina said on Tuesday he is optimistic that Zimbabwe will settle its arrears as talks to develop a comprehensive debt relief plan for the country began.

Zimbabwe's economy will grow by 3.5% this year, well below the 6.3% forecast for 2021 according to African Development Bank (AfDB), as the country struggle to avoid setbacks due to foreign currency shortages.

The African Development Bank (AfDB) has approved a $1.5 billion emergency program to mitigate the impact of worsening food insecurity resulting from the war in Ukraine.

HARARE - Affirmative Action Group founder Philip Chiyangwa has taken a subtle dig at whistleblower Hopewell Chin’ono calling him an ‘unhelpful twitter merchant’.