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…
The African Development Bank (AfDB) is supporting Nigeria in the cultivation of rice, maize, cassava and soyabeans to boost food production. The bank is providing 134 million dollars to achieve this, it president, Dr Akinwunmi Adesina, said on Saturday after…
The African Development Bank (AfDB) has raised alarm that inflation could lead to protests, violence in Nigeria. The AfDB issued the warning in its macroeconomic performance and outlook for 2024 in which it projected Africa’s economy to grow higher than…
The African Development Bank (AfDB) has expressed its readiness to provide a 60 million dollars facility to Jigawa Government for the expansion of wheat cultivation in the state. The Director of Agriculture and Agro Industry, AfDB, Dr Martin Fregene disclosed…
The African Development Bank (AfDB), says it will commence the disbursement of US$540 million to the first batch of states for the development of Special Agro-Industrial Processing Zones (SAPZs). Senior Special Adviser on Industrialisation to the AfDB President, Prof. Banji…
