Loan
AfDB approves $1.3 million grant for female financial inclusion research in Africa
The African Development Bank (AfDB) has approved two grants worth $1.3 million for research aimed at increasing women’s access to a range of digital financial services on the continent. In a statement on Monday, AfDB said the grants will be disbursed by Africa digital financial inclusion facility (ADFI), a blended finance vehicle supported by the bank. The grants will be disbursed to two fintech firms, Pula Advisors Kenya and M-KOPA Kenya. AfDB said Pula Advisors will use the $1 million for research of social and economic factors that impact women farmers’ access to microinsurance in Kenya, Nigeria and Zambia while M-KOPA will use the $300,000 funding for research involving 500 women and men in Kenya’s Kisumu, Eldoret and Machakos counties. It said findings from the research will inform th...
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...
Senator Dickson: Why I am staying off Bayelsa government events
File Photo A former Governor of Bayelsa, Seriake Dickson, says he has no rift with his predecessor, Douye Diri, who took over from him on February 14, 2020. Dickson said his noticeable absence from government functions was deliberate and in consonance with his values and principles of non interference. In a statement issued on Thursday, Dickson, who is now a senator representing Bayelsa West Senatorial District of the state, said he remained supportive of Diri’s administration. He said he had no hand in the media attacks against Diri’s administration by some of his former aides. Dickson’s explanation came on the heels of claims by John Idumange, a former general manager of the Bayelsa Broadcasting Corporation, alleging diversion of N3 billion agricultural loan obtained by Dickson’s adminis...
Chukwuma Soludo: I received 19 threats during banking consolidation era
YouTube The former governor of the Central Bank of Nigeria, CBN, Professor Charles Chukwuma Soludo, at the weekend in Awka, narrated how he received 19 written threats on his life following his decision to embark on banking consolidation in Nigeria in 2004 when he became the boss of the nation’s apex bank. In an interview, Soludo also recalled attempts made to kidnap his children at Offa, Kwara State where they were at the time because many people felt threatened by the policy. He said: “I am a very impatient person to see change happen and I am passionate in anything I focus on. When I was the chief economic adviser to President Olusegun Obasanjo, and the tenure of the former CBN governor ended and I came in. within one month, I announced a 13 – point agenda for banking consolidation. “At...
Big Sam explains why West Brom abandoned Ahmed Musa deal
West Brom manager Sam Allardyce has revealed the reason behind the Baggies decision not to offer Ahmed Musa a contract at the end of his trials with the club. Allardyce insists West Brom weren’t in a position to sign Musa on a short-term deal after the loan captures of Mbaye Diagne, Okay Yokuslu and Ainsley Maitland-Niles towards the end of the January transfer window. The 28-year-old has been without a club since leaving Saudi side Al-Nassr in October of last year but has previous Premier League experience having joined Leicester City in the summer after they were crowned champions in 2016. “We’d already brought four players in, so it didn’t fall within our budget anymore,” Allardyce was quoted by Birmingham Live. “More players would have had to have left to have funded that one. It’s a s...
AC Milan ready to pay €30 million for Real Madrid’s Brahim Diaz
AC Milan are willing to pay as much as €30 million (£26m/$36m) to land Real Madrid forward Brahim Diaz, with the 21-year-old having made a positive impact during his loan spell with the Serie A side. Goal can reveal that Milan bosses are keen to make the loan move permanent and, although they do not have a purchase option, they are keen to discuss a transfer with Madrid. While Brahim has always wanted to succeed at the Bernabeu, Madrid will now weigh up whether to keep him beyond the end of the 2020-21 campaign or sell for what would be a significant amount amid the coronavirus crisis. Following his loan switch to Milan in September 2020, Brahim immediately took to life in Italy and has become an important member of Stefano Pioli’s first-team squad. He has made 25 appearances in all compet...
Odion Ighalo: Ole Gunnar Solskjaer gave me the chance to live my dream
Nigeria’s Odion Jude Ighalo will forever be grateful to Manchester United manager, Ole Gunnar Solskjaer for supporting him to live his dream with the Old Trafford squad. Speaking for the first time after he moved from Saudi Arabian side, Al-Shabab, Ighalo expressed his love and admiration to the coach who believed in him and gave him the chance to live his childhood dream of playing for the Red Devils in any capacity. “Every player wants to play, but I always respect my coach. I’m a hard worker in training and match situations, It’s painful though, but the decision is not yours,” Ighalo informed 88.9 sports radion. “No player wants to be on the bench, particularly when you know you are fit or even better than those selected ahead of you. “But, I respect Ole. He gave me the chance to live m...
Liverpool complete loan deal for Schalke defender
Liverpool have completed the deadline-day signing of Ozan Kabak from Schalke, subject to international clearance. The 20-year-old defender will move to Anfield on loan until the end of the season, with the Reds having the option to make the move permanent in the summer for a fee of £18 million ($25m). Kabak, a Turkey international who moved to Schalke from Stuttgart in 2019, will be the first of two signings on a busy day on Merseyside. He will be joined by Preston centre-back Ben Davies, who finalised his switch earlier on Monday. Goal understands that Liverpool will pay an initial loan fee of around £1m ($1.4m) for Kabak, while the deal for Davies could be worth in excess of £1.6m, should all performance-related add-ons be triggered. The Reds had been insistent that it would be a quiet w...
Shkodran Mustafi joins Schalke from Arsenal
Arsenal’s squad trimming has continued, with Shkodran Mustafi joining Schalke on a deal until the end of the season. Gunners boss Mikel Arteta said prior to the January transfer window that he was keen to trim some flab from his squad. Mesut Ozil has been the highest-profile departure, with the former Germany international joining Fenerbahce and in so doing the club cleared a sizeable chunk of wages from the monthly bill. Sokratis Papastathopoulos joined Olympiakos earlier this month after being released from his contract, William Saliba, Sead Kolasinac and Matt Smith have left on loan, while Matt Macey joined Hibernian on a permanent basis. World Cup winner Mustafi emerged as a possible departure towards the end of January, and he was linked with a shock move to Liverpool. Premier League ...
Arsenal agree deal with Real Madrid for Martin Ødegaard
Real Madrid playmaker Martin Ødegaard will join Arsenal on loan for the rest of the season after the clubs agreed to terms this evening. That is according to The Athletic, who report that a temporary move has now been given the green light by both parties. The Norwegian will fly to London on Sunday ahead of undergoing a medical with the Gunners on Monday morning, when it is expected the deal will be made official. Given his status as an elite sportsperson, Ødegaard is also exempt from COVID-19 quarantine protocols, meaning he will not have to self isolate, if he returns a negative test. The 22-year-old will be Arsenal’s second signing of the window after the acquisition of Mat Ryan from Brighton. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for ...
Arsenal linked with Chelsea’s Champions League winning defender
Arsenal are considering a move for former Chelsea left-back and current Southampton defender Ryan Bertrand as they look to provide competition for Kieran Tierney. Mikel Arteta revealed this week the club are in the market for a left-back to compete with Tierney after Sead Kolasinac was allowed to join former club Schalke on loan. Arsenal are looking at a number of targets, but it is understood that Bertrand is one player being monitored. Bertrand is into the final six months of his contract with the Saints and has been in protracted talks over a new deal with the south coast club. The 31-year-old, who still lives near the Blues’ west London training ground and commutes to Southampton, was of interest to Leicester in the summer following the sale of Ben Chillwell and the Foxes have kept tab...
Italian giants set to sign Chelsea ace on loan till the end of the season
Chelsea defender Fikayo Tomori set to join AC Milan on loan According to the reliable journalist, Fabrizio Romano on Twitter, Chelsea defender Fikayo Tomori is all set to join Italian giants AC Milan on loan. The Serie A giants were keen on securing the 23-year-old if they failed to land Strasbourg defender Mohamed Simakan. The 20-year-old is also on Chelsea’s radar. With RB Leipzig also now pursuing Simakan, competition for his signature has gotten tougher. Milan, meanwhile, appear to have settled for Tomori. The defender has found opportunities difficult to come by at Chelsea. So far he has made just four appearances and is the club’s fifth choice centre-back. He will now spend the remainder of the 2020/21 campaign at the San Siro. The Rossoneri are currently top of Serie A as they chase...
