Nigeria has kicked off a bold $510 million initiative to revolutionize its agriculture and food production, with the launch of the Special Agro-Industrial Processing Zones (SAPZ)...
The African Development Bank (AfDB) has garnered widespread international recognition for its transformative work across the continent, cementing its status as Africa’s premier multilateral development institution....
The African Development Bank (AfDB) has signed a $700,000 Donor Contribution Agreement with United States government to develop a credit rating platform for Africa. The agreement...
The African Development Bank (AfDB) has announced a new deal to establish a scalable, distributed renewable energy platform targeting deployment of 120 megawatts of renewable power,...
The African Development Bank (AfDB) has launched and priced a new GBP 500 million 3-year Benchmark transaction due February 1st, 2028. The bond pays a coupon...
African Development Bank Group (AfDB) has approved a €200 million partial credit guarantee (PCG) to back Togo’s first sustainable financing initiative. he funding will enable Togo...
Leaders of the G7, an informal association of seven of the world’s advanced economies and some of Nigeria’s biggest trading partners, have pledged a $420 million...
The African Development Bank Group (AfDB) pledged $2 billion over 10 years towards clean cooking solutions in Africa, being a major step along the road to...
President of the African Development Bank Group (AfDB), Dr Akinwumi Adesina, has proposed the creation of an annual Africa media prize to recognise and profile African...
Creative Space Startups, a non-profit organisation, is thrilled to announce that applications for the selection of 100 women-led SMEs in Nigeria and Cameroon are now open for the...
The Board of Directors of the African Development Bank Group (AfDB) has approved a $1 billion guarantee program in collaboration with the UK Foreign Commonwealth and...
The African Development Bank Group (AfDB) and the African Guarantee Fund have commenced a $5 billion financing series for women-led small and medium enterprises in the...
AfDB Commits $1.9BN in 10 Years Google Disbursing $1BN for Digital Africa The African Development Bank (AfDB) and Google has formalized cooperation aimed at advancing...
The Government of Korea and the African Development Bank (AfDB) on Wednesday signed two agreements for financial support to boost Africa’s development agenda. The financing deal...
The African Securities Exchanges Association (ASEA) and the African Development Bank Group (AfDB) have signed an agreement for a $600,000 grant to expand the number of...
The Board of Directors of the African Development Bank Group (AfDB) has approved an equity investment of $20 million in the Africa50 Infrastructure Acceleration Fund I in...
The argument that fuel subsidy payment in Nigeria only benefits the rich has just been reinforced by Mr. Akinwunmi Adesina, President of the African Development Bank...
Africa is set to be the second-fastest growing region in the world after Asia in 2023-24, demonstrating the resilience of its economy despite dealing with multiple...
The African Development Bank (AfDB) says Nigeria and other economies of Africa is projected to grow by 4.1 per cent in 2023 and 4.3 per cent...
The African Development Bank (AfDB) has signed a $525,000 agreement to support Africa Fintech Network’s (AFN) Hub project. Mr Lamin Barrow, the Director-General, AfDB, Nigeria Country...