Africa Must End Food, Pharma Import Dependence – AfDB President
Africa must wean itself off dependence on food and medicine imports, the president of the African Development Bank (AfDB) said in Kigali, on the sidelines […]
AfDB
Taraba Govt., AfDB present 239 youths with starter packs, tool kits
The Taraba Government in collaboration with the African Development Bank (AFDB) on Monday presented 239 youths in state trained on various skills with tool kits […]
AfDB targets wheat importation cut in Nigeria by 40% by 2023
The African Development Bank (AfDB) says the heat-tolerant wheat production, being supported by the Bank in Nigeria, will help reduce importation of the product by […]
Africa needs annual investment of $40bn on energy for electricity – AfDB
The African Development Bank (AfDB) says Africa needs an annual investment of 32 to 40 billion dollars along the energy value chain to achieve universal […]
Buhari tasks World Bank, AfDB, others to activate $19bn fund for PAGGW’s activities
By Ismaila Chafe President Muhammadu Buhari has urged the World Bank, African Development Bank (AfDB) and other partners to support the One Planet Summit initiative […]
AfDB secures $15.6bn investment for construction of Lagos-Abidjan highway
Dr Akinwumi Adesina, the president, African Development Bank (AfDB), says the bank has secured 15.6 billion dollars investment for the construction of the Lagos-Abidjan highway. […]
Buhari lauds AfDB for steps taken to avert food crisis
President Muhammadu Buhari has lauded the Africa Development Bank (AfDB) for planning ahead of whatever negative consequences may come from the Russia-Ukraine war in terms […]
ADF @50: invests $45bn across 40 countries — AfDB
The African Development Bank (AfDB), says the African Development Fund (ADF) has invested 45 billion dollars in 2,750 operations across 40 African countries. The Bank […]
AfDB, AU sign agreement for institution capacity building project
By Nana Musa The African Development Bank (AfDB) and African Union (AU) have signed a protocol of agreement for the AU’s institution capacity building project.This […]
AfDB provides $14m grant to boost food security in South Sudan
African Development Bank (AfDB) on Monday announced a 14 million U.S. dollar grant to boost food security, value addition and trade in South Sudan. Benedict […]
Farmer-Herder clashes: AfDB to train herdsmen, others on ranching
The African Development Bank (AfDB)is to train herdsmen and other Nigerians on livestock farming and ranching in the first phase of the initiative to create […]
Ongoing AFDB projects in Bauchi State reach 85% completion
The Management of the African Development Bank (AFDB) says the ongoing developmental projects it is executing in some parts of Bauchi State have reached 85 […]
AfDB, World Bank collaborate to enable remote monitoring, evaluation of projects –official
The African Development Bank (AfDB) has collaborated with ICT initiative, Remote Appraisal, Supervision, Monitoring and Evaluation (RASME), to enable remote monitoring and evaluation of development […]
Green Climate Fund approves $150m support for AfDB ‘s Desert-to- Power Initiative
Dr Akinwumi Adesina, the President African Development Bank (AfDB), has expressed appreciation for the Green Climate Fund’s approval of 150 million dollars to support its Desert-to-Power […]
AfDB pledges support for recharging of water to Lake Chad Basin
Dr Akinwumi Adesina, the President, African Development Bank (AfDB), has pledged the Bank’s support for the recharging of water to the Lake Chad Basin. Adesina […]
AfDB, MTN sign $0.5m grant-agreement to study women’s access to financial-services
The African Development Bank (AfDB) has signed a grant agreement worth $500,000 dollars with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN, for […]
Insurgency responsible for delay in AfDB North East assisted rural water supply — Minister
The Minister of Water Resources, Mr Suleiman Adamu says insurgency in the North East is responsible for the delay in the African Development Bank (AfDB) […]
AfDB Legal support facility saves African countries $4bn
Interventions by the African Legal Support Facility (ALSF) have saved African countries an estimated four billion dollars in the last three years. This is according […]
NPA MD says Nigeria poised to become Africa’s maritime hub
Acting Managing Director of the Nigerian Ports Authority (NPA) Mohammed Bello-Koko says the organisation is poised to leverage Nigeria’s status as Africa’s biggest economy to […]
AfDB to spend $1m on modernising Africa’s aging hydropower stations
The Sustainable Energy Fund for Africa (SEFA) of the African Development Bank (AfDB) has approved a one-million-dollar grant for the modernisation of Africa’s aging hydropower […]
SEC begins implementation of risk-based supervision project
The Securities and Exchange Commission (SEC) has begun the implementation of the regulatory capacity improvements under the risk-based supervision framework and capacity building project. The […]
AfDB to support tech-based MSMEs with $500m -Osinbajo
Vice President Yemi Osinbajo says the African Development Bank (AfDB) has agreed to support Micro Small and Medium Enterprises(MSMEs), especially technology-based ones with 500 million […]
World Bank, AFDB provide $550m support for off-grid solutions –REA
The Rural Electrification Agency (REA) has announced the provision of $550m in funding by the World Bank (WB) and the African Development Bank (AfDB) to […]
AfDB to spend additional $2bn on AfCFTA related infrastructure
The African Development Bank (AfDB) has said it expects to spend an additional two billion dollars on African Continental Free Trade Area (AfCFTA) related infrastructure […]
Women empowerment: AfDB to provide $500m to businesses by end of 2021
The African Development Bank (AfDB) has said it would provide 500 million dollars of lending to women-empowered businesses by the end of 2021, through its […]