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NGO: Oil spills killed 16,000 Niger-Delta babies in a year

The Stakeholders Alliance for Corporate Responsibility (SACA) has faulted the Nigerian government and multinational oil companies operating in the Niger-Delta over health hazards associated with exploitation and exploration activities. Newsmen learnt that SACA was formed and registered in Nigeria by an Irish Priest, Reverend Fr. Kevin O’ Hara, as a Non-Governmental Organisation in 2012 to find solutions to environmental problems inherent in the exploitation and exploration of oil by multinationals operating in the Niger-Delta region. Speaking to journalists at the inauguration of the group’s “Project Management Committee (PMC),” the Executive Director, SACA, Kingsley Ozegbe, hinted that statics available to his organisation through researches carried out revealed that in 2012 alone, about ...

AfDB approves $1.3 million grants for women’s access to digital finance

The African Development Bank (AfDB) has approved two grants of $1.3 million for research aimed to increase African women’s access to a range of digital financial services, including loans and micro-insurance. According to a statement from the AfDB on Monday, the grants for $1 million and $300,000 respectively, will be disbursed through the Africa Digital Financial Inclusion Facility (ADFI). ADFI is a pan-African initiative designed to accelerate digital financial inclusion throughout Africa. It is a blended finance facility of AfDB with two financial technology firms; Pula Advisors Kenya Ltd. and M-KOPA Kenya Ltd. Pula Advisors will use the $1 million for research of social, cultural and economic factors that impact women farmers’ access to micro-insurance in Kenya, Nigeria and Zambia. Mor...