Tag: AfDB
AfDB: We’ve invested $10.9bn in Nigeria
The African Development Bank (AfDB) has disclosed that its cumulative financing approvals in Nigeria stand at $10.9 billion.
The Director-General of West Africa Region, AfDB,...
Nigeria secures World Bank’s $2.25bn loan at 1% interest rate
The Federal Government had secured a $2.25 billion single-interest loan from the World Bank.
The facility offers a 40-year-term with 10 years moratorium at one...
2030: World Bank, AfDB partner to connect 300m Africans to electricity
The World Bank Group and African Development Bank (AfDB) Group are partnering on an ambitious effort to provide at least 300 million people in...
Gates Foundation commits $6m to improve sanitation in Africa
The Bill & Melinda Gates Foundation has committed $6 million to the African Water Facility, to support the operationalization of the Africa Urban Sanitation...
AfDB president: Nigeria losing best brains to Japa syndrome
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has declared that Nigeria was losing her best brains to Japa syndrome.
Adesina tasked...
Nigeria’s agric sector to get AfDB, partners’ $1.52bn
African Development Bank (AfDB), Islamic Development Bank (IDB) and the International Fund for Agricultural Development have voted $1 billion to deliver special agro-industrial processing...
AfDB: Africa faces annual $127.2bn GDP shortfall in 2030
The African Development Bank (AfDB) says the African continent faces an annual GDP shortfall that could exceed $127.2 billion by 2030.
The AfDB stated on...
AfDB names 25 finalists for $140,000 AgriPitch competition
The African Development Bank (AfDB) has listed 25 youth-led agriculture sector companies from 14 African countries that have advanced to the finalist round of...
AfDB President, Adesina, loses mother
The President of African Development Bank (AfDB), Dr. Akinwunmi Adesina, had lost his mother, Mrs. Eunice O. Adesina.
The matriarch of the Adesina died on...
AfDB signs $50m agreement with FCMB
The African Development Bank (AfDB) has signed an agreement with First City Monument Bank (FCMB) for a $50 million line of credit.
This was contained...
