S&P Global affirms AfDB’s AAA rating with stable outlook
S&P Global, a rating agency has affirmed its ‘AAA/A-1+’ long- and short-term issuer credit assessment of the African Development Bank (AfDB) with a stable outlook. […]
AfDB
AfDB: Why we support Adesina’s re-election – Nigerian fish farmers
The Nigeria Fish Farmers Association (NFAN) says it supports the re-election of Dr Akinwumi Adesina as President of the African Development Bank (AfDB) because of […]
AfDB probe: Group tells Board of Governors not to compromise
The Nigerian Youth Parliament (NYP) has called on the Board of Governors, African Development Bank (AfDB), to ensure no compromise and bias in the probe […]
AfDB approves $288.5m for Nigeria COVID-19 Response Support Programme
The Board of Directors of the African Development Bank has approved $288.5 million loan to help Nigeria tackle the COVID-19 pandemic and mitigate its impact […]
COVID-19: AfDB approves new 5-year strategy for Nigeria amidst concerns
The Board of Directors of the African Development Bank (AfDB) has approved Nigeria’s Country Strategy Paper (CSP) 2020-2024, which builds on the successes and challenges […]
AfDB board authorises independent body to review ethics committee report
The Bureau of the Boards of Governors of the African Development Bank (AfDB) has authorised an independent review of the report of ethics committee of […]
UPDATE: Buhari To AfDB President, Adesina: I’ll Stand By You
President Muhammadu Buhari says Nigeria will stand solidly behind Dr Akinwumi Adesina in his bid to get re-elected as President of the African Development Bank […]
I’ll stand by you, Buhari tells AfDB’s Adesina
President Muhammadu Buhari says Nigeria will stand solidly behind Dr Akinwumi Adesina in his bid to get re-elected as President of the African Development Bank […]
AfDB: We’ll oppose undue interference – APRA
The African Public Relations Association (APRA) has frowned at what it called undue interference in the ongoing investigations of the President of the African Development Bank […]
First U.S. AfDB representative urges Trump to support Adesina
Ambassador Harold Doley, the United States (U.S) first ever Representative to the African Development Bank (AfDB), has urged President Donald Trump’s administration to support the […]
2020 Africa Day and its discontents, By Issa Aremu
Africa Day held on Monday, May 25th with the theme: “Silencing the Guns in the context of the COVID19”. Any terrestrial body from the outer […]
AfDB: Obasanjo, Jonathan, other African leaders rally support for Adesina
No fewer than 15 former African Presidents on Friday rallied support for President of African Development Bank (AfDB), Dr Akinwumi Adesina, lauding him for taken […]
Vote of confidence passed on Adesina by AfDB Board excites Buhari
President Muhammadu Buhari has commended the President of African Development Bank (AfDB), Dr Akinwumi Adesina, over the clean bill of health given to him by […]
AfDB debars Chinese coy for 18 months over fraudulent practices
The debarment renders China Zhonghao Nigeria Limited and its affiliates ineligible to participate in Bank-financed projects during the debarment period The African Development Bank Group) […]
COVID-19: AfDB offers Nigeria multifaceted approach for quick economic recovery
The African Development Bank (AfDB) has offered Nigeria all inclusive approach to address economic challenges arising from Coronavirus (COVID-19) pandemic. Mr Ebrima FAAL, Senior Country […]
AfDB will respond to Nigeria’s $1.1bn budget support request quickly
The African Development Bank (AfDB) says the $1.1 billion Nigeria budget support request from the bank will be responded to quickly through its fast disbursing […]
AfDB unveils $10bn response facility to curb COVID-19 in Africa
The African Development Bank (AfDB) Group has announced $10 billion COVID-19 Response Facility to assist regional member countries to fight the pandemic. The bank’s Communication and […]
2020 budget: FG seeks $3.5bn loan from IMF, AfDB to support implementation
The Federal Government says it has applied for $3.5 billion request from International Monetary Fund (IMF) and African Development Bank (AfDB) to access concessional funding […]
AfDB approves $2m assistance for WHO-led measures against COVID-19 in Africa
The Board of Directors of the African Development Bank (AfDB), has approved two million dollars emergency assistance for the World Health Organisation (WHO), to reinforce […]
AfDB appoints Tshabalala as Acting Senior Vice President
The President of African Development Bank (AfDB), Dr Akinwumi Adesina, has announced the appointment of Ms Bajabulile Tshabalala as Acting Senior Vice President of the […]
Nigeria, AfDB partner to implement Special Agro-Industrial Processing Zones – Nanono
By Abdallah el-Kurebe The African Development Bank, AfDB, in collaboration with the government of Nigeria, have discussed details towards implementing Special Agro-Industrial Processing Zones in […]
AfDB earmarks $500m for 4 agro zones in Nigeria
The African Development Bank (AfDB), has earmarked $500 million loan for the development of four agro-industrial zones across the country. AfDB President, Mr Akinwumi Adesina […]
AfDB chides World Bank President’s comments on Africa’s debt profile
By Abdallah el-Kurebe The African Development Bank, AfDB, has chided several recent media reports, attributed to the World Bank President, David Malpass, that some multilateral […]
AfDB clarifies Africa’s debt
The African Development Bank (AfDB) has clarified the debts incured by Africa. AfDB made this known in a statement by its Communication and External Relations […]
AU Summit lauds AfDB for 2020 African Economic Outlook
The African Development Bank’s (AfDB) Economic Outlook 2020 for the continent had been lauded for being an effective blueprint for addressing the continent’s human capacity […]