The African Development Bank (AfDB) Group, has signed a declaration with the coalition of development finance institutions to promote green bond markets in Africa. AfDB’s Group Vice President and Chief Financial Officer, Ms Hassatou N’Sele, said this in a statement…
The African Development Bank (AfDB), has signed an additional $20 million Trade Finance Facility with FSDH to support Small and Medium Enterprises (SMEs) in Nigeria. Director-General, Nigeria Country Department, AfDB, Mr Lamin Barrow, said this during the signing ceremony, on…
By Sodiq Adelakun The African Development Bank (AfDB) has predicted slower economic growth amongst countries that are dependent on oil revenue. In its economic outlook for Africa, the AfDB noted that African economies largely dependent on tourism and oil sales…
The African Development Bank (AfDB) has reviewed downward its short- to medium-term macroeconomic forecast for Africa for 2023 and 2024. The bank which said this In a statement, said it reviewed the forecast to 3.4 and 3.8 per cent from…
The African Development Bank Group (AfDB), a multilateral development finance institution, has approved an $80 million loan to finance the Ekiti Knowledge Zone project in Nigeria. “The Ekiti Knowledge Zone Project design responds to the requirements of technology firms and…
The African Development Bank (AfDB), on Sunday urged Africa governments to own and ensure the sustainability of their macroeconomic policy models. The Division Manager of the Macroeconomic Policy, Sustainability, and Forecasting Division of the research department of AfDB, Anthony Simpasa,…
Seven newly elected Nigerian State Governors visited the African Development Bank Group (AfDB) in Abidjan to strengthen cooperation and unlock the country’s vast agricultural potential. The delegation, meeting with the Bank President Dr Akinwumi Adesina, was led by Katsina State…
The African Development Bank (AfDB) Group, has inaugurated the Bank’s Maiden report on “Benchmark Macroeconomic Models for Effective Policy Management in Africa”. Prof. Kevin Urama, the Chief Economist and Vice-President of Economic Governance and Knowledge Management, AfDB, inaugurated the report…
Seven newly elected Nigerian Governors visited the African Development Bank (AfDB) Group President, Akinwumi Adesina, in Abidjan to strengthen cooperation and unlock the country’s vast agricultural potential. A statement issued by the Bank on Saturday, said the delegation was led…
The 2023 African Investment Forum (AIF) Market Days boardrooms have secured 34.82 billion dollars in investment interest during its three days session in Morocco. The figure is higher than the 31 billion dollars investment interest secured in 2022. Dr Akinwumi…
