By Rosemary Iwuala Funders: African Development Bank (AfDB) – $170 million Islamic Development Bank (IsDB) – N70 million Agence Française de Développement – $116 million Nigeria...
By Umar Suleiman Africa’s drive to transform its agriculture and become a breadbasket has continued to receive strong global support, with development partners agreeing to commit...
The African Development Bank (AfDB) has identified the trio of Côte d’Ivoire, Ghana and Nigeria as the leading economies to lift the gross domestic product (GDP)...
By Christy Animam The African Development Bank (AfDB) has projected in a new report that Africa economies remain resilient with a stable outlook in 2023-2024, despite...
The Board of Directors of the African Development Bank Group has approved a dual-currency Trade Finance Line of Credit for ECOWAS Bank for Investment and Development...
The African Development Bank (AfDB) has said it has put in place a $1.5 billion emergency food production facility to support food sufficiency in Africa. The...
By Umar Suleiman After a year of intense negotiations and a difficult global economic outlook, development partners of the African Development Fund (ADF) have agreed to...
Local and international private sector businesses have expressed strong interest in the $538 million Special Agro-Industrial Processing Zone program (SAPZ) launched in Nigeria on Monday 24 October....
Christy Animam Nigeria on Monday began its long journey to end hunger and achieve food security by launching the Special Agro-industrial Processing Zones (SAPZ), a programme...
By Christy Animam The Board of Directors of the African Development Bank Group today October 2022 in Abidjan approved a loan of €63.6 million to Senegal...
The African Development Bank Group recently held a two-day workshop for electricity sector regulators and utilities on its annual flagship report, the Electricity Regulatory Index for...
The president of the African Development Bank (AfDB), Akinwumi Adesina has finally broken silence on spreading speculations that he is bidding for the 2023 presidential race....
The African Development Bank Group (AfDB) has said that Nigeria is a top priority under its newly created $1.5 billion emergency food plan targeted at cushioning...
The Board of Directors of the African Development Bank (AfDB) has approved two loans amounting to $180 million to co-finance a major energy project that will...
The African Development Bank Group President, Dr Akinwumi Adesina, says a fertiliser crisis triggered by the Russian war in Ukraine could put more than $10 billion...
African Development Bank Group President Dr. Akinwumi Adesina says Africa must prepare for the inevitability of a global food crisis. He gave the warning while speaking...
As many analysts look into how Ukraine war affects Africa, the President of the African Development Bank, Akinwumi Adesina, has warned that many African countries may...
The President, African Development Bank, Dr Akinwumi Adesina, has estimated that Africa will need $784 billion every year to eliminate extreme poverty on the continent He...
The Board of Directors of the African Development Bank (AfDB) has approved a line of credit of €70 million and an equity investment of $24 million...
AfDB approves $35 million facility for Ecobank International affiliates The Board of Directors of the African Development Bank (AfDB) has approved a $35 million unfunded risk-sharing...
