In a significant development that underscores the growing international interest in India’s infrastructure sector, the National Investment & Infrastructure Fund (NIIF), India’s largest domestic infrastructure fund, is preparing to raise $4 billion. This ambitious fundraising effort, backed by prominent global investors including the Abu Dhabi Investment Authority (ADIA), is slated to begin as early as […]

In a significant move that could reshape economic ties between China and Nigeria, China has pledged to encourage its most “powerful” companies to invest in the West African nation. This commitment was made following a high-level meeting between Chinese President Xi Jinping and Nigerian President Bola Tinubu in Beijing on September 3, 2024. The discussions, […]

Introduction In a significant acknowledgment of Saudi Arabia’s role in Africa’s development, Dr. Akinwumi Adesina, the president of the African Development Bank Group (AfDB), has praised the Kingdom for its substantial financial support and commitment to the continent. Speaking at the 50th-anniversary celebration of the Saudi Fund for Development (SFD) in Riyadh, Dr. Adesina lauded […]

 A significant gathering of African leaders is taking place in China’s capital this week as they seek crucial funding for large-scale infrastructure projects. This summit comes against the backdrop of intensifying global competition over resources and influence on the continent, with China playing a central role in Africa’s economic landscape. Strengthening Ties Amid Global Competition […]