The African Development Bank Group (AfDB) has approved a loan of $500 million to the Federal Republic of Nigeria. According to a statement from the bank, this funding will finance the first phase of the Economic Governance and Energy Transition…
By Esther Agbo The Securities and Exchange Commission (SEC) announced on Sunday that it is collaborating with the African Development Bank (AfDB) to advance green finance within Nigeria’s Capital Market. To support this initiative, the SEC will host a significant…
The President of African Development Bank (AfDB), Dr Akinwumi Adesina, on Friday advocated for youth investment in Nigeria’s Agri-business. Adesina championed the advocacy in his keynote address at the Council of Anglican Provinces of Africa (CAPA) Primates and wives’ Retreat…
The African Development Bank (AfDB) President, Akinwumi Adesina, says conflict of interest is hindering implementation of the bank’s anti-corruption fund. Adesina, in an interview, said the bank established an anti-corruption fund of about 55 million dollars seven years ago, which…
president of the African Development Bank (AfDB), Dr Akinwumi Adesina, says Africa loses between seven billion dollars and 15 billion dollars annually due to climate change. The President of the bank, Dr Akinwumi Adesina said this during an interview with…
By Opeyemi Abdulsalam The African Development Bank (AfDB) has launched a series of training programs aimed at enhancing the debt management capabilities of 22 fragile or transitional African countries. According to a statement released by the bank in Abuja on…
The African Development Bank (AfDB) says it is solidifying its partnership with Civil Society Organisations (CSOs) in West Africa. The AfDB, in a statement issued on its website, said this was deliberated during the bank’s fruitful mission to Ghana. The…
The African Development Bank’s Chief Economist, Kevin Urama, says debt for growth for countries on the continent should not carry any negative connotation. Urama, also the Vice-President Governance and Knowledge Management in AfDB, said this at a pre-media conference held…
Borno State Governor, Babagana Umara Zulum, on Tuesday, visited the African Development Bank (AfDB) office in Abuja, the Federal Capital Territory. Zulum’s visit was to fast track implementing the Inclusive Basic Service Delivery and Livelihood Empowerment Integrated Project (IBSDLEIP) in Borno…
The African Development Bank has signed a $75 million loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited. The loan will enable Indorama to increase its fertilizer production and develop a port terminal for exports, supporting food production and…
