AfDB approves $210m for Nigeria Transmission Expansion Project
The Board of Directors of the African Development Bank (AfDB) Group has approved $210 million financing package for the Nigeria Transmission Expansion Project (NTEP1). The […]
AfDB
$208 billion capital places AfDB’s on stronger pedestal – Buhari
President Muhammadu Buhari has congratulated the President of African Development Bank (AfDB), Dr Akinwunmi Adesina, Board of Governors and members of staff on historic increase […]
AfDB shareholders approve $115b capital increase
African Development Bank Shareholders have approved 115 billion dollars capital increase to stimulate Africa’s development and growth. A statement issued by the bank said that […]
AfDB wants banks held accountable for women financing
President of the African Development Bank (AfDB), Mr Akinwumi Adesina, wants banks and financial institutions “fully held accountable’’ for lending to women. In an interview […]
Adesina honoured with Emeka Anyaoku Lifetime Achievement Award
Dr Akinwunmi Adesina, President of African Development Bank (AfDB) was on Sunday honoured with the Emeka Anyaoku Lifetime Achievement Award in recognition of his outstanding […]
Buhari nominates Adesina for re-election as AfDB President
President Muhammadu Buhari has nominated Dr Akinwunmi Adesina for re-election as the President of African Development Bank (AfDB), the News Agency of Nigeria (NAN) reports. […]
G5 Sahel Heads of State support AfDB initiative to boost solar energy
G5 Sahel Heads of State have expressed their support for “Desert to Power’’, an Africa Development Bank (AfDB) initiative designed to harness solar energy for […]
AfDB wins award for procurement excellence
..To release report on decent jobs Thursday The African Development Bank (AfDB) has been recognised for procurement excellence by the Chartered Institute of Procurement & […]
AfDB supports Nigeria, Tanzania with $5.4m for fertilizer
By Ibrahim Mohammed The African Development Bank and the African Fertilizer and Agribusiness Partnership (AFAP) have signed two grant agreements to implement trade credit guarantees worth […]
African countries import $50bn worth of food annually –AfDB
The African Development Bank (AfDB), says African countries import nearly $50 billion net of food annually. A statement by AfDB’s Communication and External Relations Department […]
Japan, AfDB announce $3.5bn to support Africa’s private sector development
#TrackNigeria Japan and the African Development Bank (AfDB) have announced a joint target of $3.5 billion under the Enhanced Private Sector Assistance (EPSA4) for Africa […]
AfDB identifies 14 sites for Agro-Industrial Processing Zones in Nigeria
The African Development Bank (AfDB), says it has identified 14 sites for the proposed Special Agro-Industrial Processing Zones (SAPZs) in Nigeria. Prof. Banji Oyelaran-Oyeyinka, Special Adviser […]
AfDB wants strong economic ties between Nigeria, DRC to unlock potential
The African Development Bank (AfDB), has called for strong economic ties between Nigeria and Democratic Republic of Congo (DRC) to unlock potential in both countries […]
AfDB grants Ireland membership status
The African Development Bank (AfDB) has approved the application of the Republic of Ireland to become a member of the regional multinational institution and a […]
Nigeria greatest contributor to wealth creation in West Africa — AfDB
The African Development Bank (AfDB), says Nigeria is the greatest contributor to wealth creation in West Africa, contributing about 75 per cent of regional Gross […]
Alleged fraud: AfDB debars Nigerian construction firm for 3 years
The African Development Bank (AfDB) says it has debarred a Nigerian construction company, known as Qualitrends Global Solutions Nigeria Limited’, for 36 months. The bank […]
AfDB approves $70m loan for road project in Ebonyi
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its […]
AfDB, Natixis sign $50m agreement to boost trade finance in Africa
The African Development Bank (AfDB) has signed a 50 million dollars Risk Participation Agreement (RPA) with investment and corporate bank Natixis to boost trade finance […]
AfDB board approves 7 years integration strategy for Central Africa
The Board of the African Development Bank (AfDB) has approved Regional Integration Strategy Paper (RISP) from 2019 to 2025 for Central Africa. Mr Chawki Chahed, […]
AfDB, Tony Elumelu Foundation, partner to support youth entrepreneurs in Africa
By Mustapha Sumaila The African Development Bank (AfDB) and the Tony Elumelu Foundation have signed a Letter of Intent to accelerate youth entrepreneurship across Africa. […]
Migration crisis: Hope not lost for Africa’s youths -AfDB
Migration crisis:Some youths from around Africa who migrated into slavery By Racheal Ishaya The African Development Bank (AfDB) says it is working with critical partners […]
AfDB’s Prof. Nyong named among world’s “100 Most Influential People in Climate Policy”
By Abdallah el-Kurebe, Editor The Apolitical, a peer-to-peer learning platform for governments has named the Director for Climate Change and Green Growth at the African […]
AfDB tasks partners on sanitation
AfDB The African Development Bank (AfDB) has called on development partners to scale up support for implementation of sanitation programmes to fast track Africa’s progress […]
ECOWAS, AfDB sign $22.7m Abidjan-Lagos highway agreement
By Temitope Ponle ECOWAS and the African Development Bank (AfDB), on Monday signed a $22 million agreement for the technical design to develop the Abidjan-Lagos […]
Osinbajo to attend 1st African Investment Forum in South Africa
Vice President, Prof. Yemi Osinbajo, will depart Abuja on Wednesday for South Africa to attend the Africa Investment Forum organised by the African Development Bank(AfDB). Laolu […]