The U.S government says it will provide a five-million-dollar grant to the African Development Bank (AfDB) to support efforts to reduce methane gas emission across Africa. U.S. Special Presidential envoy for climate, Mr John Kerry made the announcement at a…
…Sets to launch project in five states Ahead of the official commencement and launch of the Special Agro Processing Zone (SAPZ) nationwide, the African Development Bank (AFDB) has honoured the Ogun State governor, Dapo Abiodun with the Champion/Role Model recognition.…
Partners of the Africa Nationally Determined Contributions (NDCs) Hub have stressed on the importance for African countries to implement their NDCs to adapt to climate impacts. This is contained in a statement from the Communication and External Relations Department, African…
The African Development Bank (AfDB), said private sector investment in Africa’s infrastructure in 2020 was 19 billion dollars, the highest since 2016. Mr Solomon Quaynor, AfDB Vice President for the Private Sector, Infrastructure and Industrialisation said this at a webinar…
The Nigerian Civil Aviation Authority (NCAA) says some factors are affecting night travel operations. The federal agency listed paucity of funds, poor infrastructure and insecurity. Capt. Musa Nuhu, NCAA Director-General spoke with Newsmen. Citing the African Development Bank (AfDB) report,…
The African Development Bank (AfDB) Group, has said that its financial sector portfolio in Nigeria is currently valued at $1.3 billion of which the figure represents 30 per cent of the bank’s portfolio. This was made known by the Director-General,…
In a bid to modernise Nigeria’s capital markets and ensure that it is well positioned to support economic transformation driven by private sector investment, the Securities and Exchange Commission (SEC) and the African Development Bank Group (AfDB) have signed an…
The Board of Directors of the African Development Bank (AfDB), has approved the establishment of African Pharmaceutical Technology Foundation for Africa’s access to technologies. According to the bank, this is for the manufacture of medicines, vaccines and other pharmaceutical products.…
The African Development Bank Group (AfDB) says access to finance, markets and technologies for women will guarantee full transformation on the continent’s food system. Ms Marie-Laure Akin-Olugbade, the Director-General, West Africa Regional Development and Business Delivery Office of the Bank,…
The African Guarantee Fund for Small and Medium-sized Enterprises (AGF) has launched a training and mentorship programme for 80 youth-led start-ups and Micro, Small and Medium Enterprises (MSME) in Nigeria. The Group Communications and Public Relations Manager, AGF, Diana Aluga…
