The Board of Directors of the African Development Bank has approved a loan of $50 million…
AfDB
AfDB launches ‘Desert-to-Power Initiative’ to boost electricity in Africa
Dr Akinwumi Adesina, President of the African Development Bank Group, recently disclosed that the bank was…
Adesina re-elected as AfDB President
Akinwumi Adesina on Thursday was re-elected as President of the Africa Development Bank by its Board…
Nigeria, others to get $10bn facility from AfDB
The African Development Bank Group on Wednesday said it had created a COVID-19 response facility up…
AfDB approves $200m for power infrastructure in Nigeria
The African Development Bank has signed for the release of $200m to Nigeria for the expansion…
AfDB approves $300m to support Agriculture
The African Development Bank is to support the implementation of the Special Agro-Industrial Processing Zones project…
AfDB faults World Bank’s debt report on Africa
The World Bank President David Malpass has said some Multilateral Development Banks, including the African Development…
AfDB partners Tony Elumelu Foundation to empower entrepreneurs in Africa
The Tony Elumelu Foundation entrepreneurship programme says it has disbursed $2.5m out of the $5m partnership…
AfDB sets to promote African development
The African Development Bank plans to meet with global leaders to deliberate on development initiatives for…
Nigeria got $7bn deals from African Investment Forum
Nigeria accounted for $7bn of the $38.7bn inflows that were secured for the African continent at…
UN backs AfDB’s $10bn power initiative
The United Nations has thrown its weight behind the quest of the African Development Bank to…
AfDB okays $4.8m for AfCFTA
The board of the African Development Bank has approved an institutional support grant of $4.8m to…