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…
The African Development Bank Group and the Debt Management Office have revealed that they are seeking to tackle Nigeria and the African continent’s debt challenges through the formation of a debt managers network. Debt sustainability has reached critical levels in…
The President, African Development Bank (AfDB) Group, Dr Akinwumi Adesina, has been conferred with the prestigious Obafemi Awolowo Prize for Leadership. The Executive Director, Obafemi Awolowo Foundation, Amb. Tokunbo Awolowo-Dosumu, said this in a statement in Abuja. The News Agency …
The Public Finance Management Academy for Africa (PFMA), an initiative of the African Development Bank (AfDB), has graduated 51 participants in the first cohort of the capacity building for finance and debt management across the continent. The beneficiaries, drawn from…
The African Development Bank (AfDB) has approved a $175m funding to United Bank for Africa (UBA) Plc to boost trade financing and women-led businesses. This was announced at the weekend by the Pan African development institution having been approved by…
Africans must stand together to mobilise and efficiently manage the resources required to enhance productivity and create wealth in Africa for Africans. The African Development Bank’s (AfDB), Vice-President and Chief Economist, Kevin Urama, said this in Abuja. Urama spoke at…
By Sodiq Adelakun In a proactive move to combat illicit financial flows and corruption in Africa, the African Development Bank (AfDB) has initiated a training program for relevant stakeholders. The Public Financial Management Executive Training Education of the Public Financial…
