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Incentives Introduced to Attract Foreign Investors to Nigeria
Nigeria has put in place fiscal incentives in its free trade zones to reduce the cost of production in order to woo foreign investors, Mr Obianu, the Manager of the Lagos Free Trade Zone, a subsidiary of the Nigerian Export Processing Zone Authority (NEPZA),...
Draft Climate Change Agreement Reached At the UN Conference in Copenhagen
Just before 01.00 on Saturday morning, a number of heads of state and government agreed on a draft climate agreement at the UN conference in Copenhagen. The agreement includes agreement on the two degree target and money for climate financing. The agreement...
Kenyan Leader Appeals for Support to Upgrade United Nations Environment Program in Nairobi
President Mwai Kibaki has appealed to world leaders to support the strengthening of the United Nations Environment Program (UNEP) headquarters based in Nairobi. Addressing the high-level segment of the United Nations Framework Convention on Climate Change...
Africa to Request $50bn to Offset Impact of Climate Change
Africa will make a requisition for $50 billion as compensation for carbon emissions from developed countries at the ongoing climate change summit in Copenhagen, Denmark. Sources said on Tuesday in Abuja that Ethiopian Prime Minister, Meles Zenawi, would...
U.K. Government Announces Investment Program for North East England
The U.K. Government has announced over £60M investment in the North East to support the region’s industrial transition to low carbon and advanced manufacturing. Following the announcement last week that Corus would cut 1700 jobs from its Teesside workforce,...
IFAD, IDB Sign $1.5b Agreement in Italy to Aid Poorest Member States
The International Fund for Agricultural Development (IFAD) and the Islamic Development Bank (IDB) have signed a landmark $1.5 billion framework co-financing agreement to strengthen their 30-year collaboration in supporting the poorest people in their...
Prime Minister of Japan’s Thoughts on a Lasting Solution to Food Security
Food security will be the highlight of discussion when the heads of 27 countries and 11 organizations meet on Friday on the occasion of the G8 L’Aquila Summit. I expect substantial progress be made, particularly on aid to countries affected by the...
