AfDB

AfDB unveils foundation for pharmaceutical sector

The African Development Bank (AfDB) Group has introduced its new foundation hosted by the Government of Rwanda in Kigali and expected to commence operations in early 2023. In a statement issued by the Communication and External Relations Department, AfDB, the…

AfDB, monetary union sign grant agreement of $750,000

The African Development Bank (AfDB), and the West African Monetary Union’s Capital Markets Authority (AMF-UMOA) have signed a grant agreement for 750,000 dollars. According to a statement issued on AfDB’s website on Thursday, the agreement is for implementation of the…

AfDB signs agreement of $50m with FCMB

The African Development Bank (AfDB), has signed an agreement with First City Monument Bank (FCMB) for a 50-million-dollar line of credit. This is contained in a statement issued by AfDB Group, Nigeria Country Department, Chukwuemeka Ezekiel on Friday. The line of…

AfDB mobilises $31bn investment interest

The African Development Bank (AfDB), has drawn 31 billion dollars in investment interest from African and global investors. In a statement issued by the Communication and External Relations unit of the AfDB, President of the bank, Dr Akinwumi Adesina said…

AfDB signs agreement of $50m with FCMB

The African Development Bank (AfDB), has signed an agreement with First City Monument Bank (FCMB) for a 50-million-dollar line of credit. This is contained in a statement issued by Chukwuemeka Ezekiel, AfDB Group, Nigeria Country Department on Friday. The line…

AfDB, FCMB signs $50m line of credit agreement

African Development Bank (AfDB) and First City Monument Bank, FCMB, have signed a $50 million Line of Credit agreement to increase access to finance for Small and Medium Enterprises, SMEs, and Women-Empowered Businesses (WEB) in the country. AfDB also said…