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 on Industrialisation to AfDB’s President, Dr Akinwumi Adesina disclosed this […]
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 to boost Africa’s development. The AfDB President, Mr Akinwumi Adesina […]
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 state participant in the African Development Fund (AfDF). The decision […]
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 Domestic Product (GDP). Mr Ebrima Faal, AfDB Senior Director for […]
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 made this known in a statement by its Communication and […]
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 website on Friday that it would provide $40 million, while […]
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 in Africa. A statement by the Communication and External Relations […]
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, Chief Communication Officer of the bank, made this known in […]
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. The Senior Communications Officer of AfDB, Mr Chawki Chahed made […]
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 to develop the capacity of African youths so they could […]
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 Development Bank (AfDB), Prof. Anthony Nyong as one of the […]
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 and deliver on its promise to the continent. “Achieving the […]
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 highway. The signing of the Grant Retrocession Agreement between ECOWAS […]
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 Akande, the Senior Special Assistant to the President on Media […]
The Africa Development Bank (AfDB), says there is the urgent need to bridge the gap between Africa’s available capital and bankable projects. According to AfDB’s “African Economic Outlook 2018’’, financing Africa’s development needs will require […]
The African Development Bank (AfDB) will be investing $24 billion in the African agriculture over the next 10 years to lift one billion people out of hunger globally. Dr Akinwumi Adesina, AfDB President, who disclosed […]
The Federal Government on Tuesday gave the Rural Electrification Agency (REA) permission to provide electricity to rural areas, using hybrid solar systems, which would be procured using the Public Private Partnership (PPP) model. The Director-General, […]
Experts on Monday said encouraging and supporting African young people to venture into agriculture and agri-business can potentially create wealth and address youth unemployment on the continent. They were speaking at the opening of the Africa youth […]
Late Chief Roland Folorunso Adesina, father of Dr Akinwunmi Adesina, President, African Development Bank (AfDB) was buried on Friday in Ibadan. Pa Adesina, 96, who died in March, was an accountant with the Western Regional […]
By Abdallah el-Kurebe The African Development Bank (AfDB) Tuesday said it would invest $120 million in the next 2-3 years to boost the production and transformation of cassava and eight other commodities on the continent. […]
The Emir of Kano and former Governor of the Central Bank of Nigeria (CBN), Alhaji Sanusi Lamido Sanusi says Africa’s development agenda must focus on the socio-cultural and commercial interests of Africans and the upliftment of […]
The Federal Government has renewed its agreement with the African Development Bank (AfDB) on the Nigeria Trust Fund (NTF) for additional 10 years. President of the Bank, Dr Akinwumi Adesina, announced the renewal on Monday […]
Dr Akinwumi Adesina, President of the African Development Bank (AfDB) on Monday urged African countries to add value to their products in all sectors for rapid industrialisation of the continent. He made the call at […]
The African Development Bank (AfDB) plans to support Nigeria, Senegal, Ethiopia, Morrocco and Algeria with industrial policies to boost development in Africa. Mr Alhassane Haidara, Manager, Industrial Development disclosed this in an interview in Abidjan. […]
The African Development Bank (AfDB) says it has approved a grant of 1.5 million dollars (about N540 million) to support power project in Jigawa state Mr Amadou Hott, Vice President, Power, Energy, Climate and Growth […]
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