Ahead of the 28th United Nations Conference on Climate Change (COP 28), the African Development Bank Group () has launched country-by-country economic reports to guide African policymakers in their discussions at the global event. The new Country Focus Reports (CFRs)…
The Board of Directors, African Development Fund (ADF) has approved 6.73 million dollars grant to Mozambique to support implementation of the Institutional Support Project for Business Environment and Governance. The African Development Bank (AfDB) in a statement on its website…
…Forces nationwide blackout …Restoration of grid at advanced stage — TCN The Federal Government (FG) has made recourse to the plans of the African Development Bank (AfDB) to inject $250 million into the Nigeria Electrification Project (NEP), following crisis in…
The 7th Korea-Africa Economic Cooperation (KOAFEC) Ministerial Conference opened in Korea’s second-largest city, Busan, on Wednesday with a strong call for additional resources to help African countries achieve universal access to energy and transform the continent into the breadbasket of…
West Africa experienced slower economic growth in 2023, except for Cape Verde, The Gambia, Guinea, Mali, and Niger, says the African Development Bank (AfDB). AfDB said this in its 2023 West Africa Economic Outlook report which was released on Wednesday…
The African Development Bank (AfDB) has urged the diversification of Nigeria’s export, revenue bases and trade facilitation capacity to boost revenue generation potential. The AfDB President, Dr Akinwumi Adesina, said this at the second edition of the Nigeria Employers’ Summit…
AFRICAN Development Bank, AfDB, says Africa50 has invested over 6.6 billion dollars in critical infrastructure in its six years of being in operation. The AfDB’s President, Dr Akinwumi Adesina, said this in a statement released at the Africa50 Infra Forum…
The board of directors of the African Development Bank Group has approved $115m loan to support a major road rehabilitation project in Abia State. The project would ensure the rehabilitation of roads, erosion control, infrastructure and preparation of solid waste…
Board of Directors, African Development Bank (AfDB), has approved a loan of 115 million dollars to support a major road rehabilitation project in Abia State, Nigeria. This is contained in a statement issued by the Nigeria Country Department of the…
The African Securities Exchanges Association (ASEA) and the African Development Bank (AfDB) Group are collaborating to expand the number of linked African exchanges from seven to 15. The Bank in a statement said the expansion was under the second phase…
