The African Development Bank has signed a grant agreement for $500,000 with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN Nigeria, to be used...
The African Development Bank (AfDB) has debarred Sargittarius Nigeria Limited and its affiliates for 18 months for fraudulent practices The debarment renders Sargittarius Nigeria Limited and...
Fitch affirms AfDB has stable outlook with triple-A Global credit rating agency, Fitch Ratings, has affirmed the African Development Bank’s (AfDB) credit rating at...
AfDB president Adesina advocates finance of large scale youth-led businesses With Agency Report The African Development Bank (AfDB) has called on governments and private...
AfDB pledges $3bn investment in Africa’s pharmaceutical industry The African Development Bank (AfDB) says over the next ten years, it will invest $3 billion...
Fraud: AfDB suspends Nigerian firm Maxicare for 3 years The African Development Bank Group (AfDB) has slammed a 36-month debarment on Maxicare Company (Nigeria) Limited. In...
Kogi State gets $100m agric loan from AfDB By Olamide Onabanjo The African Development Bank (AfDB) has granted the Kogi State government $100...
AfDB commits $530m to renewable power transmission in Angola The African Development Bank (AfDB) has committed $530 million to finance the construction of a 343...
AfDB grants ECOWAS $320,000 for gender mainstreaming The Board of Directors of the African Development Bank (www.AfDB.org) has awarded a grant of $320,535 to the...
AfDB advocates digital scale-up to unlock economic benefits Digital platforms in Africa should scale up to take advantage of the continent’s surging demand for creative...
AfDB approves $7m for mini-grid projects in Nigeria, others The Board of Directors of the African Development Bank (AfDB) has approved a $7 million grant...
The Federal Government has secured a $350 million intervention fund from the Africa Development Bank (AfDB) for power sector just as the sale of three power...
The African Development Bank (AfDB) has been selected in a poll of bond market players as the best issuer in 2020 of a COVID-19 bond for...
The African Development Bank (AfDB) has launched an eLearning Digital platform to create nine million jobs in Africa’s digital economy in the next 10 years. According...
Fresh loan disbursements expected from the World Bank, African Development Bank and Islamic Development Bank may raise Nigeria’s total public debt stock to N31.699tn in coming...
The African Development Bank (AfDB) today held a workshop to convey the continent’s immense investment and partnership opportunities to Asian business leaders, particularly as the continent...
Participants at a webinar to organised by the African Development Bank (AfDB) have reaffirmed the the claim that despite incursion of coronavirus pandemic that disrupted the...
Economic contraction in Africa due to the corrosive effect of Coronavirus pandemic is going to cost the gross domestic product of the continent a whooping $409.1...
After a long battle, Akinwumi Adesina has been reelected to serve a second five-year term as President of the African Development Bank Group (AfDB) by the...
The African Development Bank (AfDB) will launch its African Economic Outlook 2020 Supplement in a live Zoom event on Tuesday 7 July 2020. The COVID-19 pandemic has resulted...
