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By THE AFRICA BAZAAR Staff Writer 2014 The African Development Bank said it has issued its first Nigerian local currency bond in the capital market. The bank said it successfully introduced and sold NGN 12.95 billion of a seven-year, semi-annual…

By THE AFRICA BAZAAR Staff Writer August 2014 The Rockefeller Foundation and the U.S. Agency for International Development (USAID) announced on Monday they will jointly fund a new global climate resilience food security program, Global Resilience Partnership, with $100 million,…

THE AFRICA BAZAAR Staff Writer Standard Chartered said it is ramping up its investment commitment to Power Africa projects with an additional $3 billion, bringing its total pledge to $5 billion. With the additional investment, Standard Chartered plans to add…

, total loss in platinum production amounted to 423,904 equivalent refined platinum ounces

By THE AFRICA BAZAAR Staff Writer Royal Philips announced on Monday that it plans to combine its LED and Automotive lighting units into one unit within the Philips group, part of its strategy to accelerate growth and scale. 

The Netherlands-based…