Information Communication Technology
Nigerian government seeks new Eurobond
The federal government yesterday disclosed that it would approach the Eurobond market next year in its effort to shore up the economy, amidst cocktails of measures being put in place to douse the effects of the Covid-19 pandemic on the economy. On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021. Finance Minister, Zainab Ahmed, who disclosed the Eurobond plan while speaking on Bloomberg TV, explained that the decision would depend on the prevailing interest rates. She, however, did not specify the amount to be accessed from the Eurobond. The Eurobond option is ...
Unique Health Platform Could Benefit 800 Million Mobile Subscribers in Africa
Sourced from Redbubble and iStock. “With this platform, we have the possibility of reaching between 600 million and 800 million mobile subscribers in Africa,” says Vera Songwe, Executive Secretary of the Economic Commission for Africa (ECA), during the virtual launch of the Africa Communication and Information Platform for Health and Economic Action (ACIP) on 23 June 2020. ACIP is a mobile-based tool for two-way information and communication between citizens and governments. It furnishes national and regional COVID task forces with user-generated survey data and actionable health and economic insights that will enable authorities to better analyze pandemic-related problems and implement appropriate responses. Dr John Nkengasong, Director of Africa CDC says the platform offers a “unique opp...
